Employers Able to Submit Test Filings for ACA Reporting Requirements

The IRS announced recently that employers will be able to start submitting test filings of 2015 forms for reporting health coverage offered to employees under the Affordable Care Act. Draft versions of and instructions for Forms 1095-C (documenting employers’ offer and coverage) and Form 1094-C (transmittal summary for Forms 1095-C) are currently available online.

Under the Affordable Care Act’s reporting requirements, large employers (those with 50 or more full-time employees or full-time equivalents) are required to gather numerous pieces of data on a monthly basis and report them annually to the IRS. The information reported is intended to enable the IRS to verify compliance with the individual and employer mandates, and to administer subsidies for qualified individuals who purchase coverage through the newly-created insurance exchanges. 

Employers must file the necessary forms no later than February 29, 2016, or March 31, 2016, if filed electronically.

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David Fialkov

David Fialkov is the Vice President of Government Relations, as well as the Legislative and Regulatory Counsel, at NATSO. In this capacity, Mr. Fialkov directs NATSO's legislative, regulatory, and legal strategy on a range of issues, including transportation, energy and fuels, labor, data security, and taxes. Mr. Fialkov also oversees NATSO's political engagement program, including individualized legal and political counsel to member companies. Prior to joining NATSO, Mr. Fialkov was the senior associate in the Government Affairs and Public Policy practice at the law firm of Steptoe and Johnson in Washington, D.C. At Steptoe, Mr. Fialkov advised clients on legislative, regulatory, and political issues, as well as legal concerns. His primary clients included trade associations representing the motor fuel wholesale and retail industries, including the National Association of Convenience Stores and the Society of Independent Gasoline Marketers of America. Mr. Fialkov's focus was not only on the motor fuels business, but also the litany of other issues that retailers confront, including labor matters, foodservice issues, healthcare and employment issues, tax matters and data security. Prior to joining Steptoe, Mr. Fialkov graduated with honors from George Washington University Law School. He received his B.S. Summa cum laude with highest honors from Clark University in Worcester, MA. He lives in Washington, D.C. with his wife Allison and daughter Lilah. More
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