The final employer reporting rules were issued March 5 by the U.S. Department
of the Treasury and the U.S. Internal Revenue
Service under IRS Code § 6055 and § 6056.
The reports are intended to facilitate administration of the employer mandate under IRS
Code § 4980H, the individual mandate under
§ 5000A, and premium tax credits under § 36B.
The rules were published in the March 10,
2014, issue of the Federal Register.
Section 6055 applies to insurance carriers
and self-insured employers. Those entities
must file annual reports to the IRS on individu-
als enrolled in coverage. Section 6056 applies
to employers that maintain insured health
plans and requires them to file annual reports
to the IRS and employees regarding the cover-
age offered. The reports must show the full-
time employees and the coverage offered and
accepted on a monthly basis.
The reporting requirements generally apply
to “large” employers (i.e., those with at least
50 full-time plus full-time-equivalent employees). For 2015, an employer with fewer than
100 full-time employees will not be considered
large for purposes of the employer penalties
but will be required to file a § 6056 transmittal form certifying that it has not reduced its
Inside
House Votes to Change ACA
Definition of Full-Time Employee
Page 4
Washington, DC, Expands Paid
Sick Leave Law
Page 8
Massachusetts Governor Signs
Unemployment Insurance Rate Freeze
Page 9
headcount or employee hours of service to
take advantage of the higher threshold.
Employers and insurers must begin collect-
ing information on Jan. 1, 2015; § 6056 reports
generally must be provided to employees by
Jan. 31 (Feb. 1 in 2016 since Jan. 31 falls on
a Sunday). First reports to the IRS will be due
March 31, 2016, if filed electronically; other-
wise generally by Feb. 28 (Feb. 29 in 2016
Registration Is Now Open!
staffingworld.net
Your Digest of Legal News for the Industry
2014 n NO. 2
Published for members of the American Staffing Association
Continues on page 6
ACA Reporting Rules Prompt
Employer Push-Back
Feds issue final regulations, and employers are
not happy with the requirements