IRS Notice AIRBR853 is sent to employers who fail to file Form 1094-C, the transmittal form for Form 1095-C, which is required under the provisions of the Affordable Care Act (ACA). This form is critical as it provides a summary of health coverage provided to employees and confirms the employer’s compliance with ACA mandates.
Implications of Failing to File Form 1094-C
Failing to file Form 1094-C can have serious repercussions, including:
- Significant penalties for non-compliance with ACA filing requirements.
- Increased risk of IRS audits and further compliance actions.
How to Respond to Notice AIRBR853
If you receive a Notice AIRBR853, it is essential to act promptly:
- Prepare and submit the overdue Form 1094-C immediately.
- Review your internal processes to understand why the filing was missed and take corrective actions.
- Consider seeking professional advice to ensure compliance and mitigate any potential penalties.
Preventing Non-Filing Issues
To avoid future instances of failing to file Form 1094-C:
- Implement a robust compliance calendar that includes all critical ACA reporting deadlines.
- Utilize ACA compliance software like ACA-Track that offers deadline tracking and alerts to prevent missed filings.
- Regularly train staff responsible for ACA compliance on the importance of timely and accurate filings.
For additional resources and support for ACA compliance, visit ACA-Track FAQs.
