IRS Notice 2016-4 extends the due dates for the 2015 ACA Benefits Information reporting requirements under I.R.C. §§ 6055 AND 6056 in an effort to provide employers more time to prepare and file the required reporting. No extension forms need be filed with the IRS. Review this notice with your legal team and make plans to determine when your organization will file your returns.
You can find more information about the due date change and read the notice on the IRS website. A link to this notice is also provided in KB 1681678 on Xtreme Support.
Infor will continue to provide all reporting functionality needed to meet the original filing dates.
On December 12th and 18th 2015, Infor held webinars (same presentation) to provide a detailed overview of the Benefits Administration module enhancements that extend the Benefits module functionality to comply with Benefit Offer informational reporting required for the Affordable Care Act. You can access the recording and download the presentation from the Webinar section of this website. The recording and presentation are also available for download on the Xtreme Support portal in KB 1677458. Questions from these webinars are being consolidated and will be posted in KB 1652804.
Infor’s web-based resources can help your organization complete its benefits administration/ACA year-end process. This year, Infor plans to deliver the Benefits and ACA year-end release via Infor Xtreme Support using the Critical Notification process. Infor Human Resource Management, Benefits Administration supports both the employee reporting and employer electronic reporting (in XML format) related to the IRS 1094-C/1095-C and 1094-B/1095-B forms.
Infor expects to post information and training for the December benefits and ACA year-end release under ACA master Knowledgebase (KB) article 1650062. The ACA master KB article is being reformatted to create two sections: September 2015 data collection and measurement assessment; and December 2015 benefits/ACA year-end reporting, COBRA participants, retirees, and resources.
Please ensure that you first apply the September benefits/ACA release, or you will not have the data needed to perform the applicable December release reporting.
All online benefits and ACA year-end resources offered by Infor can be found on the Infor Xtreme Portal including:
Additionally, the Conversion Guides and File Layouts are also updated with the new benefits and ACA layouts (Search > Browse Documentation > Lawson > Lawson Applications > Human Capital Management Applications > select release number > Conversion Guides and File Layouts).
Xtreme Support: If you cannot locate the information you need within Xtreme Documentation or Knowledge Base, we encourage you to use the Xtreme Portal to submit an Incident to our Support Team. During the year-end period, Xtreme Support will be staffed with certified benefit administration consultants and engineers to help provide you with a prompt response to your benefit and ACA data collection, measurement assessment, and year-end reporting questions.
Benefits and ACA year-end recommendations
Benefits Administration – Affordable Care Act
This presentation provides a detailed overview of the enhancements made to the Benefits Administration module to comply with the Affordable Care Act Regulatory Requirements.Click to view webinar
Q&A for Offers of Employer Health Coverage (Section 6056)Click to view
Q&A for Offers made by Self-Insured Employers (Section 6055)Click to view
Shared Responsibility for Employers Regarding Health Coverage
For the final regulations under section 4980H see T.D. 9655, 2014-9 I.R.B. 541Click to view