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IRS moves to eliminate Paper filing for ACA Form 1095 effective March 31, 2022

IRS moves to eliminate Paper filing for ACA Form 1095 effective March 31, 2022

New The IRS has issued proposed regulations requiring a digital only electronic filing requirement for ACA Compliance, in effect replacing paper filing options for most Applicable Large Employers (ALE’s) as early as March 31, 2022. The Internal Revenue Service proposed regulations lowering the threshold so more employers will need to electronically file information returns such as W-2 and 1099 forms instead of filing them on paper. The proposed regulations posted by the IRS lare in line with...
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