Article from Employee Benefit News

Commentary: The Affordable Care Act reporting deadlines are rapidly approaching, presenting a major administrative burden for employers who face penalties for failing to report in a timely and accurate manner. While there has been significant discussion of employer roles and responsibilities, employees have been largely left out of the equation. However, many employees will soon be receiving new forms that are critical to their ability to file their tax returns and to their employers’ ability to accurately fulfill their own reporting requirements.  Among these are Forms 1095-A, 1095-B and 1095-C.