Get Ready for Employer Shared Responsibility
The employer shared responsibility (ESR) provisions of the ACA went into effect January 1, 2015 and you’ll need to do something about it now, or face a last-minute scramble that could leave your franchise vulnerable to tens- to hundreds-of-thousands of dollars in penalties.
As your payroll partner, only Paychex can fully analyze your employee data to help you navigate complicated ESR scenarios, so you can get back to your day-to-day responsibilities.
Watch this video to learn what you need to do in order to comply with the employer shared responsibility provisions and avoid tens to hundreds of thousands of dollars in potential penalties.
We'll help you:
- Define if your business is an applicable large employer (ALE)
- Identify who are your full-time employees (FTE) per the IRS definition
- Determine if you need to offer additional benefits coverage† and to whom
- Prepare and help you file Forms 1094c and 1095c each year