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Video instructions and help with filling out and completing Fill Form 1094 B Eligible

Instructions and Help about Fill Form 1094 B Eligible

Today, we're going to discuss a few things that businesses should be doing in preparation for the 2016 filing. It's only five months away now, and keep in mind that the deadlines are not expected to be extended next year like they were this year. So, that means you'll start filing between January and the end of March, and that will be the final deadline for everybody. It's not that far away, and the key points shouldn't take too long. I plan to leave a large window for questions, so if you already have them, you can pre-submit them to Robin through the chat function. With that, let's get started. First of all, hopefully everyone is finished with 2016 filing. I know some people have even been filing in the last couple of weeks, and the IRS has said they're going to cut people some slack. But hopefully, everybody has done that now. And if you have, when you get done filing and if you acknowledge at the end that you are completed, it will automatically create your ACA control records, which we can show you in the master information control information. If you go to Affordable Care Act, you can see you'll have a 2016 record here. Now, if we come in here, I can show you that the 2015 gets locked. You can still look at it by hitting shift f1, so you can review your 2015 control record. And then here's the new one that's been created and unlocked. Also, if you haven't already created your 2016 employee ACA records, those were automatically generated for you using the December values for each of your employees. So, you don't have to use that cookie cutter approach, and it shouldn't be as maintenance-intensive for the second year and beyond. So, we...