Can Form 1094 B Upgrade 2022-2023

Instructions and Help about Can Form 1094 B Upgrade

Good morning everyone welcome to the Miller Johnson webinar update for employers on the new ACA section 60 55 and 60 56 reporting requirements my name is Mary Bauman joining me on this call today is Tripp van der Waal another attorney in our employee benefits practice group good morning trip good morning Mary we're going to try to get along this morning and hopefully we won't be in any arguments along the way I don't think we will do you think so true I hope I'm not planning then okay here's a few housekeeping matters before we get going this morning first of all all of your lines are muted you can submit questions via the questions feature on your dashboard we are going to answer questions but not until the end of the presentation as time permits and then I should also mention that the slides that you are seeing this morning along with a recording link will be made available following our webinar some of you on the call today may be interested in the hrc I continuing ed credits this webinar has been approved for 1.5 credits the only catch is you can get an approval letter emailed to you provided that you remain logged in to the entire webinar for the entire duration so that's that's the string that's attached there and with that we're going to get going so the final reporting regulations how does this all work while the individual mandate penalty is you may recall took effect last year that's the requirement that all individuals are enrolled in minimum essential coverage or pay a penalty and the employer pair play penalty which takes it impacts large employers takes effect beginning this year and then beginning next year the IRS is going to...