ACA stands for the Affordable Care Act which was signed into law in 2010. The ACA law makes it a shared responsibility of individuals, employers, and the government to ensure that as many people as possible have health insurance.
The law does not require all U.S. employers to offer health insurance to their employees. It only requires an employer defined by federal regulations as an Applicable Large Employer (ALE) to offer health insurance to its employees. An ALE must make insurance available to their employees or pay a penalty. They must also report the employee-provided health insurance to the federal government.
To find out more about ACA Reporting and your responsibility, click the link below:
Click the link below to view details on running the ACA Report from your Payroll menu:
There is a walk-through video for the ACA Report available by clicking the following link: