IRS Code 1094C-048-01 deals with discrepancies reported concerning the Applicable Large Employer (ALE) Member status on Form 1094-C. Accurately reporting ALE status is crucial for compliance with the employer mandate under the Affordable Care Act (ACA). Consequences of Incorrect ALE Status … [Read more...]
Understanding IRS Code 1094C-047: Failure to Report All Required Information
IRS Code 1094C-047 is a notification sent to employers who have failed to provide all the necessary information on Form 1094-C. This oversight can have serious implications for ACA compliance and may result in penalties. What Triggers Code 1094C-047? This code is issued when an employer's Form … [Read more...]
Addressing IRS Code 1094C-045-02: Incorrect Employee Count for ALE Member
IRS Code 1094C-045-02 is issued when there is a discrepancy in the employee count reported for Applicable Large Employer (ALE) members on Form 1094-C. Accurate employee counts are critical for determining ALE status under the Affordable Care Act (ACA). Significance of Accurate ALE … [Read more...]
Resolving IRS Code 1094C-044-01: Inaccurate Social Security Numbers Reported
IRS Code 1094C-044-01 addresses the issue of inaccurately reported Social Security Numbers (SSNs) on Form 1094-C. This can lead to significant complications in processing ACA compliance documents and may result in penalties for the reporting employer. Understanding the Impact of Incorrect SSN … [Read more...]
Addressing IRS Code 1094C-043-01: Missing Social Security Numbers
IRS Code 1094C-043-01 is sent to employers who fail to report Social Security Numbers (SSNs) for some or all employees on Form 1094-C. This reporting is crucial for proper IRS documentation and compliance with the Affordable Care Act (ACA). Importance of Reporting SSNs Reporting Social … [Read more...]
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