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
House Votes to Change ACA
Definition of Full-Time Employee
Washington, DC, Expands Paid
Sick Leave Law
Massachusetts Governor Signs
Unemployment Insurance Rate Freeze
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!
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
Feds issue final regulations, and employers are
not happy with the requirements