An ALE is an entity, or a member of a controlled group of entities, that employed on average 50 or more full-time employees or equivalents during the prior calendar year. Reporting is necessary for the IRS to administer the Employer Shared Responsibility Payments and allows an ALE to indicate whether it did or did not offer Minimum Essential Coverage (MEC), if the coverage was of minimum value, and whether or not it was intended to be affordable to the employee.
Join Towne Benefits Compliance Specialist, Corbin Granger, to review the necessary forms for ALE C-reporting and how to complete and submit them to the IRS.
The information herein should not be construed as legal or tax advice in any way. This content is provided for informational purposes only. You should seek the advice of your attorney or tax consultant for additional or specific information.