IRC Section 6055 & 6056 Reporting Clause Samples
IRC Section 6055 & 6056 Reporting. Unless otherwise directed by County, perform IRC Section 6055 & 6056 reporting requirements on behalf of the County. This may include but is not limited to:
a. Generate and electronically file all required files/forms to the IRS, including corrections.
b. Generate and distribute all required employee forms, including corrections.
c. Respond to IRS to resolve any issues related to the transmission of data including but not limited to transmission issues and exceptions.
d. Provide data as requested by the County to meet County Auditor-Controller requirements.
e. Provide reports and/or files to County on a mutually agreed upon format and frequency. County will be reviewing filing data and need management reports.
f. Develop a plan to review and audit filing data for accuracy. County reserves the right to review plan and provide feedback. Frequency of review and audit must be mutually agreed upon by County and Contractor. Contractor must provide results to County, develop a corrective action plan to resolve any inaccuracies, and if necessary, submit corrections to appropriate parties.
g. Provide customer service support to include IVR, call center support, printed fulfillment, including County specific communication, and web, including a portal to obtain 1095 forms. Communication must meet IRS requirements when applicable.
h. Confirm and/or provide data to the County or IRS inquiries to confirm FTE status and/or offer of coverage for any employee, retiree or COBRA participant and answer any other questions associated with IRC Section 4980H employer penalties.
i. ▇▇▇▇▇▇▇▇ returned 1095C forms as required by IRS.
j. Work with County to meet new IRC reporting requirements.
