The IRS released an updated Affordable Care Act (ACA) Information Returns (AIR) submission Composition and Reference Guide. The new Guide provides guidance to 1094 form transmitters about composing and successfully transmitting compliant submissions to the IRS. The Guide addresses details about Forms 1094/1095-B and Forms 1094/1095-C by transmitters to the IRS. It sets forth the parameters that will be needed to transmit 2019 forms in processing year 2020.
BAS is reviewing the new Guide thoroughly and will be prepared to successfully compose and submit ACA forms to the IRS.
For information about BAS’ Affordable Care Act data collection and form reporting services, contact your account manager or solutions@BASusa.com.