
Tax Tip Tuesday: New Health Care Coverage Reporting Requirements for Large Employers
Today we will address the new reporting requirements for large employers concerning health coverage. List of Reporting Guidelines from the IRS: Under the health care law, applicable large employers (ALE) are employers with 50 or more full-time employees, including full-time equivalent employees, in the preceding year. They are required to report some information regarding health coverage by filing information returns with the IRS and furnishing statements to full-time employe