Code generation & filing of forms 1094/1095 with IRS.
Applicable Large Employers are required to file an information return (form 1094) with the Internal Revenue Service (IRS) and provide statements (forms 1095) to full-time eligible employees about health coverage offered. This is used to administer the Employer Mandate and determines an employee’s eligibility for premium tax credit. Non-compliance results in costly penalties.
Applicable Large Employers are required to file an information return (form 1094) with the Internal Revenue Service (IRS) and provide statements (forms 1095) to full-time eligible employees about health coverage offered. This is used to administer the Employer Mandate and determines an employee’s eligibility for premium tax credit. Non-compliance results in costly penalties.
Overview