In 2018, a BMA client with 100 employees received an IRS J Letter informing them that they hadn’t provided sufficient proof of minimum essential coverage for their employees in their 2016 1094. This employer had filed their 1094s on their own, but because they had incorrectly filed them, this employer was deemed non-compliant with the ACA pay or play laws and now owed hundreds of thousands of dollars to the IRS.
Overwhelmed by this steep penalty, the employer reached out to BMA for help.