Section 6056 Case Study

For all applicable large employers, the current deadline for information reporting under section 6056 is fast approaching. According to the Patient Protection and Affordable Care Act’s requirements, all employers with 50 or more full-time employees are required to report their status to the IRS including for-profit, government, tax-exempt, and Tribal employers. The current reporting requirements apply whether the employer offered its employees healthcare coverage and even if they’re under the employee limit, tribal enterprises are still required by federal law to report their status.

All applicable large employers are required to file with the IRS relevant information returns such as Form 1095-C and Form 1094-C and provide statements about