Webinar: What Employers Need to Know About IRS Reporting in 2021 - Bim Group

Webinar: What Employers Need to Know About IRS Reporting in 2021

Tuesday, December 8, 2020
2:00 p.m. ET / 11:00 a.m. PT

Register Now

The Patient Protection and Affordable Care Act’s reporting requirements are rapidly approaching for employers with group health plans or with 50 or more full-time or full-time equivalent employees. This webinar will provide an overview of the reporting process, changes for 2021 reporting, what we learned from earlier rounds of reporting, and how employers should be tracking employees.

This webinar will:

  • Review the 2020 final reporting forms and instructions and highlight changes that employers should be aware of
  • Review the deadlines for employers to submit forms to the IRS and to employees
  • Discuss reporting offers of COBRA coverage
  • Explain the difference in reporting requirements for small (less than 50 employees) and large (50 or more employees) employers, and self-funded versus fully insured plans
  • Discuss the two measurement methods to determine which employees receive a Form 1095-C
  • Provide best practices on the monthly measurement method and the lookback measurement method
  • Discuss the importance of accurate reporting in light of the IRS’ proposed penalty assessment letters
  • Specify the plan years for which the IRS is currently sending proposed penalty letters
  • Describe what we learned about reporting based on errors that led to IRS proposed penalty assessment letters

This 60-minute intermediate level webinar will help employers determine the best practices for reporting in 2021.

Register today while seating is still available.

NOTE: If you would like to view the webinar but are not able to attend, we encourage you to still register as you normally would. All registrants will receive a replay and copy of the presentation afterwards. 

If you are a Bim Group client and missed the client-specific invitation, please email info@bimgroup.us with the CLIENT NAME in the subject line to have the preferred employer code emailed to you.

 


PRESENTER

Lorie Maring is a partner in the Atlanta office and a member of the Employee Benefits Practice Group. She has extensive experience in all areas of employee benefits, including health and welfare programs, qualified and non-qualified retirement plans and executive compensation. She routinely advises employers, including non-profit and government employers, trade associations and employee benefit insurance and risk management consultants on the complex compliance and day-to-day issues arising under ERISA and other state and federal laws governing employee benefit plans and programs.

 

This series is brought to you by your Partner Firm of United Benefit Advisors — the nation’s leading independent employee benefits advisory organization with more than 200 Partner offices in the United States, Canada, and the United Kingdom.

 

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