The IRS issued Notice 2016-70 on Nov. 18, 2016, giving employers subject to the Affordable Care Act's (ACA's) 2016 information-reporting requirements up to an additional 30 days to deliver these forms to employees. The deadline to distribute forms to employees in 2017 shifts from Jan. 31 to March 2. The IRS did not change the deadline for filing Forms 1094 and 1095 with the agency. Those deadlines remain Feb. 28 (paper) or March 31 (electronic). 

2015 was the year when we did ACA reporting for the first time. So, what did we learn and how can we make the process easier.  Join the payroll & tax expert Dayna J. Reum for this informative webinar to learn the best practices that businesses and employers have done to have a better process.  She will also discuss about the updates from the IRS on what they learned can help the employer with this complicated and confusing process.

It was a tough filing season in regards to the new ACA 1094 and 1095 forms.  Employers faced several challenges, and as soon as we all got comfortable, we find out the IRS this summer released the draft forms for 2016 filing season with several updates.  This webinar will review these updates so you are ready for filing season 2016 and avoid some of the challenges we faced for the 2015 filing season.

This webinar will review lessons learned from 2015 along with how we can make this process easier moving forward.  We will also review common issues that the IRS seen and how we can avoid them.

Learning Objectives:

• ACA Reporting Requirements Overview
  
  • Who needs to report
  • What information needs to be reported
  • Filing Deadlines
  • Penalty Structure Update
  • 2016 Form update activity
• 2016 Form update Review
  
  • 1095C Changes review
• Electronic Filing Update
  
  • Review of the IRS AIR Program
  • Challenges from the 2015 filing season

This webinar will provide you the details of reporting to the employee and the IRS by the required deadlines. We will also discuss in brief the anticipated future of the ACA.

Who Will Benefit:

• Payroll professionals
• Accounting Professionals
• Tax Professionals
• Benefits Professionals
• Human Resource Professionals

Ask a question at the Q & A session following the live event and get advice pertaining to your situation, straight from our expert speaker.