A Complete Guide to ACA Employer Reporting

Affordable Care Act or ACA is one of the new tax forms signed in March 2010 and was supported as a law by the Supreme Court in 2012. ACA reporting is a form that focuses on the US’s healthcare system. One of the main objectives is to provide coverage to a large number of uninsured Americans through expanded public insurance and federal and state-managed health insurance exchanges.
Starting January, certain employers are now mandated to file the annual information return to the IRS along with a summary statement in accordance with the ACA Employer Shared Responsibility Provision. Employers who are required to file the ACA form are those with 50 or more full-time employees, self-insure employers and health insurance providers.
To know more about the Affordable Care Act and its reporting, here’s an infographic by eFiling Plus, one of the leading and trusted 1099 and W2 e-filing services in America.ACA Employer Reporting
Infographic Source: http://www.efilingplus.com/a-complete-guide-to-aca-employer-reporting/

Liked it?


Rate and Share it!

Please feel free to share this infographic in your blogs, websites and social media!

User Rating: Be the first one !

Check Also

Top 10 Purposes to Take a Small Loan

Top-10 Purposes to Take Small Loans

As of 2023, the US population is over 334 million. Did you know that every …

Leave a Reply

Your email address will not be published. Required fields are marked *