The Affordable Care Act became effective in 2016 and remains in place today. As such, employers with 50 or more employees have significant related reporting requirements, Forms 1094C and 1095C. Data needed for the forms combines payroll (hours worked) data and health insurance information. Forms are required to be given by employers to employees, just like W2s.
ACA OnDemand provides our clients with a tool to ensure compliance. There are potential fines for not filing or inaccurate filings. ACA OnDemand provides needed material to ensure compliance and avoid penalties.
Payrolls Plus assists you with this reporting challenge.