Under the Affordable Care Act, employers with 50 or more full-time equivalent employees are required to submit informational reporting about their employee health care coverage to the IRS, beginning January 2016. Applicable large employers (ALEs) are required to submit IRS Form 1095-C (an employee statement) and Form 1094-C (a transmittal). The report should include the employer's information, as well as information surrounding their benefits coverage options, and workforce demographics.
Blackbaud will be supporting the 1094/1095 forms for the upcoming tax season. An official announcement will be sent out when these become supported and as more information is released.
You can learn more about these forms at the sites below.
Aatrix Affordable care Act:
The Internal Revenue Bulletin: