Even thought the run for presidential office may be coming to an end, many questions still remain.
Greenville, SC (PRWEB) November 08, 2016
Regardless of where anyone stands politically and what the outcome of the presidential election may be, at least as of Tuesday its over. Well, hopefully its over. Even though the run for presidential office may be coming to an end, many questions still remain.
Under a Hillary Clinton presidency, what happens to the ACA? What does this mean for large employers who are subject to the employer shared responsibility provision? How long will this continue to go on? What are large employers still responsible for this year?
Under a Donald Trump presidency, again what happens to the ACA? When will changes occur to the ACA? What does this mean going forward for large employers who have to report their employees on forms 1094C and 1095C? How does a Republican presidency affect the ACA requirements for 2016? How will it affect the ACA requirements for 2017?
So what happens now?
Employers still have looming deadlines to provide forms 1095 to their employees by the last day in January 2017 and complete their e-file of ACA forms to the IRS by the last day in March 2017. The marketplace has been essentially on hold waiting on the results of the election, and now it is time to figure out what steps are necessary to stay compliant.
ACA reporting service is hosting a series of webinars to help inform all who may be interested.
Registration for the above mentioned webinars can be found here.