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Good Faith Compliance Standard for ACA Reporting by Large Employers Is Ending
MZQ Consulting, LLC
[Guidance Overview] Dec. 2, 2021 "Up until this reporting year, employers just had to 'try their best' when it came to filling out reporting forms.... Now ... employers ... not only need to file their Forms 1094/1095-C with the IRS, but they also need to get them right.... [E]mployers may be penalized for inaccurate/incomplete information returns, which comes with a fine of up to $280 per form for 2021." MORE >> |
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