Listing Details :
Listing-id : 340597 

aca full time equivalent

Dec 14, 2023 11:43:26 AM

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20700 Ventura Blvd. Suite 235 , CA,

Woodland, California,

United States 91364

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8779593953

Description :
ACA Compliance Solution Services, Inc. brings forth penalty rules, also called the pay or play compliance rules for the ALE (applicable large employer), where by the employer has to provide health coverage to substa ntially 95% of the ACA full time equivalent employees. In this context, as per the employer mandate, ALEs with 50 or more FTEs must fill up the 1094C and 1095C forms for each FTE. Such health coverage details furnished to the FTEs must be submitted to the IRS in the annual reports by the employers. However, those employers not submitting these forms within the due date may be subject to a penalty from IRS, which is $270 a form, on a per-day basis, adding up to $3,275,500 yearly. Reach www.acacss.com
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