January 2025


 

News

Applicable Large Employers need to file their ACA Forms 1094-C and 1095-C

11/07/24

Author: ADP Admin/Tuesday, November 5, 2024/Categories: Bulletin News

Employers with an average of at least 50 full-time employees (including full-time equivalents) in the prior calendar year (2023) (Applicable Large Employers or “ALEs”) need to file ACA Forms 1094-C and 1095-C with the IRS.

 We kindly remind our ALE clients to review and acknowledge their IRS ACA Forms 1094-C and 1095-C promptly to help steer clear of any potential ACA penalties.*

To review and acknowledge your forms simply:

Step 1: Go to MyTotalSource®.

Step 2: Click on the 2024 ACA Reporting Tool (ART) button.

Step 3:  Follow screens to Acknowledge & Submit for each FEIN in your Control Group.

ADP TotalSource® will:

·       Make any necessary updates to your Forms 1095-C and 1094-C based on year-end payroll and benefits data.

·       Furnish the 1095-C forms to your employees.

·      Transmit the required information directly to the IRS on your behalf under your unique company FEIN.

 

*If you do not want Forms 1095-C and 1094-C to be automatically acknowledged for print and transmission to the IRS, select the “I do not authorize” radio button in ART prior to Jan. 31, 2025, to ensure reporting is not completed.  (You will see a big yellow banner when you log in to MyTotalSource if your company is flagged as an ALE in our system).

Number of views (1662)/Comments (0)

Tags: 11/07/24

Upcoming Events

Regional Alerts

California, Connecticut and Maine mandate that employers provide sexual harassment training.

> Read more

The Division of Labor has adopted Colorado Minimum Wage Order Number 32, effective January 1, 2016 through December 31, 2016, to reflect the state minimum wage of $8.31 per hour.

> Read more

Kentucky Safety and Health Protection was revised to include new employer reporting requirements for all work-related hospitalizations, amputations and losses of an eye.

> Read more

These changes result from: 1) the final stage of the three-step state minimum wage increase passed by the New York State Legislature, 2) a new Hospitality Industry Wage Order enacted by the New York State Department of Labor, and 3) as applicable, a new proposed Fast Food Industry Wage Order.

> Read more

New laws effective this month require employers to comply with several new restrictions and mandates. 

> Read more

Amendments to Philadelphia’s “Ban the Box” legislation, the Fair Criminal Records Screening Standards, were signed into law.  

> Read more

ACA Compliance: End the Confusion with ADP’s Health Care Solution.

 

The Bottom Line is an up-to-date guide through issues that most concern employers – as well as HR outsourcing solutions.



 

© Copyright 2016 ADP LLC. 10200 Sunset Drive | Miami, FL 33173

You are receiving this email because you are a client of ADP TotalSource. The ADP logo, ADP, and ADP TotalSource® are registered trademarks of ADP, LLC. ADP - A more human resource. is a service mark of ADP, LLC.