On August 2, 2016, the Internal Revenue Service released draft forms, and related instructions, which employers must use to report information required by the Affordable Care Act. The relevant forms must be filed by applicable large employers (ALEs) to report information on offers of health insurance to full-time employees and the provision of minimum essential coverage. The drafts forms and instructions are for information purposes only and are not final. However, the drafts will familiarize ALEs with several changes for 2016 reporting, including new guidance, revisions, clarifications and new terminology.
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