The Affordable Care Act (ACA) created new reporting requirements in Internal Revenue Code (Code) Section 6055. Under these new reporting rules, all entities that provide minimum essential coverage (MEC) must provide information to the Internal Revenue Service (IRS) about the health plan coverage they provide. Related statements must also be provided to individuals.
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IRS releases final regulations on Section 6055 reporting requirements
October 9, 2015 / 1 min read