IRS Posts Information for Large Employers

November 10, 2015 Robert Sheen Affordable Care Act, Applicable Large Employer (ALE)

The Internal Revenue Services has added a page to its website which centralizes information to help “applicable large employers” comply with provisions of the Affordable Care Act.

An applicable large employer (ALE) is an organization which had an average of at least 50 full-time employees, including full-time equivalent employees, during the prior calendar year. If a company’s workforce met that threshold, the employer is an ALE for the current calendar year.

Two provisions of the ACA that now apply only to ALEs are the “employer shared responsibility” rule, which requires ALEs to either offer affordable minimum essential coverage to their employees or pay a penalty to the IRS, and the requirement that ALEs file reports with the IRS regarding coverage offers they have made.

The page is a gateway to other portions of the IRS website which can help a company determine if it is an ALE, along with information resources for ALEs on specific aspects of the ACA that may affect them, forms they must file, notices they must provide to their employees, and other resources.

Share this...

Facebook

Twitter

Linkedin