IRS Issues ACA Letters to Noncompliant Employers

The IRS has been sending Letter 5699 to employers that have not complied with their ACA reporting requirements for 2015.

Letter 5699 requests missing information from applicable large employers (ALEs) that were required to report under Section 6056, but failed to file Forms 1094-C and 1095-C with the IRS. The IRS identifies potentially noncompliant ALEs based on their Form W-2 total employee count reported for 2015.

Penalties may apply for any failures to file with the IRS by required deadlines.

Questions? Contact OMA’s endorsed employee health care plan provider, One Source Advisors. 11/1/2018

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