The Affordable Care Act (ACA) created new reporting requirements under Internal Revenue Code (Code) Sections 6055 and 6056. Under these new reporting rules, certain employers must provide information to the IRS about the health plan coverage they offer (or do not offer) to their employees.
On July 24, 2014, the Internal Revenue Service (IRS) released draft versions of forms that employers will use to report under Sections 6055 and 6056. The IRS also released draft instructions for these forms on Aug. 28, 2014.
Download the Health Care Reform Bulletin for more information.