IRS Code 1094C-020 relates to errors in reporting whether the offered health coverage meets the minimum essential coverage (MEC) requirements under the Affordable Care Act (ACA). Accurate reporting of MEC is crucial for compliance and avoiding penalties. Importance of Accurate MEC … [Read more...]

IRS Code 1094C-019 is issued when there are errors in the reporting of the offer of coverage information on Form 1094-C. Accurate reporting of this information is essential for compliance with the employer mandate under the Affordable Care Act (ACA). Significance of Accurate Offer of Coverage … [Read more...]

IRS Code 1094C-014 deals with inconsistencies found in the health coverage information reported on Form 1094-C. This code highlights discrepancies that can impact an employer's compliance status under the Affordable Care Act (ACA). Impact of Inconsistent Coverage Reporting Inconsistent … [Read more...]

IRS Code 1094C-013-01 pertains to errors in the Aggregated Group Indicator on Form 1094-C. This indicator is crucial for employers who are part of an aggregated group, as it affects how the IRS evaluates compliance with the Affordable Care Act (ACA). Importance of Accurate Aggregated Group … [Read more...]

IRS Code 1094C-010-01 addresses errors related to the Authoritative Transmittal Indicator on Form 1094-C. This indicator is crucial as it signifies whether the form is the authoritative transmittal for the employer, which is essential for accurate IRS processing under the Affordable Care Act … [Read more...]