Employer Shared Responsibility – Draft Reporting Instructions ReleasedSeptember 4, 2014
The IRS has released draft instructions for the draft reporting forms which were released last month. Starting with the 2015 calendar year, employers subject to §4980H must complete and transmit Forms 1094-C and 1095-C to the IRS and full-time employees. The first reports are due in early 2016.
The Keller legislative compliance team is currently reviewing the instructions and will hold a series of webinars for our clients once they are finalized. At this time, the IRS is continuing to take comments on the forms and instructions.