ACA IRS Reporting

AFAS will review your current process and information for completing the IRS Forms 1094-C and 1095-C and offer recommendations to align with the ACA regulations and instructions.  We will assess your determination of full-time status under the ACA, review required coverage and affordability codes used on the 1095-C forms, and check the information against the current benefit costs and plans for each employee group with different benefit options and/or contribution requirements.

Services:

  • Review related ACA regulations with client.
  • Discuss data and sources used by client to produce Forms 1094-C and 1095-C.
  • Discuss information about coverage and affordability codes from the IRS instructions.
  • Consult on a process to be used by the client to determine the current benefit costs and plans for each employee group with different benefit options and/or contribution requirements.
  • Discuss client’s current benefit eligibility rules and process for determining ACA full-time status.
  • Provide information about guidance on flex credits, cash in lieu, and opt out cash arrangements.

Deliverables:

  • Report of findings from review.
  • Meeting with Client to review findings and provide recommendations.

Neither American Fidelity Assurance Company nor American Fidelity Administrative Services provides tax or legal advice and, given the complexity of these laws, we always recommend working with your legal counsel on how the laws impact your specific situation. 

ESB-5967-0617