AFFORDABLE CARE ACT: PROVING COMPLIANCE WITH THE EMPLOYER MANDATE

Central to the Internal Revenue Service’s ability to know whether an organization is complying with the Employer Mandate (a.k.a. Play or Pay), a cornerstone of the Affordable Care Act, are new reporting requirements: Sections 6055 and 6056. The following pages help to explain Sections 6055 and 6056 reporting. In doing so, they employ terms and concepts part and parcel of the ACA. To the uninitiated, these terms and concepts may be new—and might not make sense. Fortunately, in executive briefs found here and here, Ceridian has explained them as they affect small- and medium-sized businesses. We advise readers to review these background documents before continuing, here.