If you are an Applicable Large Employer (ALE)*, your business could be in jeopardy of facing significant financial IRS assessments if you have not reviewed and acknowledged your Affordable Care Act (ACA) forms for the 2021 reporting year. If you do not take action to review and acknowledge your filing in the ACA Reporting Tool (ART), your Forms 1095-C may not be distributed to your full-time employees prior to the IRS deadline. As a result, your business may be subject to IRS assessments. Your ACA filing must be approved by January 20, 2022, or your company may face IRS assessments for failure to furnish the filing on time.

What you need to do:

• Step 1: Go to My TotalSource®.
• Step 2: Click on the 2021 ACA Reporting Tool (ART).
• Step 3: Follow screens to “Acknowledge” and “Submit” each unique FEIN in your Control Group.

If you have any questions or concerns, please reach out to your HR Business Partner.

* The IRS defines an Applicable Large Employer (ALE) as an employer with an average of at least 50 full-time employees (including full-time equivalents) in the prior calendar year (2020). The ACA requires ALEs to provide an annual form 1095-C to each full-time employee regarding healthcare coverage offered by the ALE. That form must also be filed with the IRS.