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Affordable Care Act Information Reporting for Businesses with 50 or more Employees

Businesses that have 50 or more full-time equivalent employees will be required to file information returns about health care coverage with the IRS for all of their full-time employees regardless of whether they provided health insurance to them during 2015.
Under the Affordable Care Act, these businesses are considered Applicable Large Employers (ALEs) and they must file a Form 1095-C (Employer-Provided Health Insurance Offer and Coverage) for each full-time employee and Form 1094-C (Transmittal of Employer-Provided Health Insurance Offer and Coverage Information Returns) to the IRS no later than February 28, 2016 for calendar year 2015. They must also send all employees a copy of Form 1095-C by January 31, 2016.
Businesses that file 250 or more Form 1095-Cs are required to file them electronically with the IRS.

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