Although the Patient Protection and Affordable Care Act was enacted nearly six years ago, large employers now must for the first time report to the Internal Revenue Service.
As of this year, companies with 50 or more employees must file a report with the IRS proving that they offer minimum essential coverage that is affordable to all full-time employees or equivalents. Large employers have until March 31, a deadline extended from Feb. 29, to deliver forms to their employees and until June 30, extended from March 31, to file reports to the IRS or face a penalty.
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