IRS PERMANENTLY EXTENDS DEADLINE FOR FURNISHING ACA REPORTING FORMS TO EMPLOYEES
The IRS has issued a final regulation permanently extending the time that employers have to furnish statements to certain individuals regarding health coverage that may […]
Extension and Penalty Relief for 1095-B and 1095-C Statements
Statement Deadline Extended IRS Notice 2020-76 extends the due date for furnishing the 2020 Form 1095-B and Form 1095-C statements to individuals, from January 31, […]
Employer Shared Responsibility Updates From the IRS
The IRS updated two Q&As on its Employer Shared Responsibility Provisions web page. One of the Q&As updates penalties for 2021 and the second confirms […]
Advanced Informational Copies of Form 5500 Released by Federal Agencies
Last week the DOL, IRS and PBGC released the 2018 Form 5500 Series along with Schedules, Instructions and the IRS’ separate release of an updated […]
<span style="color: rgb(0, 119, 168); font-family: arial;">H&W</span> Draft 2016 1094/1095 Reporting Forms
The IRS has released DRAFT versions of the 2016 1094/1095 reporting forms. There are very minimal changes to the draft forms over the 2015 versions. […]
<span style="color: rgb(0, 119, 168); font-family: arial;">H&W</span> Haven’t Submitted Your ACA Returns? They Can Still Be Filed After Deadline
If you are an applicable large employer or self-insured employer, the deadline to electronically file ACA information returns with the IRS was midnight ET on […]
<span style="color: rgb(0, 119, 168); font-family: arial;">H&W:</span> 1094 1095 Reporting – Extensions & Substitute Forms
Filing Extensions As the countdown to our first 1094 1095 reporting season creeps ever closer to the ominous filing deadline, many employers continue to scramble […]
<span style="color: rgb(0, 119, 168); font-family: arial;">H&W:</span> ACA Reporting Penalties Increased!
Form 1094/1095 Penalties Significantly increased On June 29, 2015, President Obama signed H.R. 1295 Trade Preferences Extension Act of 2015. This bill included significant increases in […]
<span style="color: rgb(0, 119, 168); font-family: arial;">H&W:</span> Forms 1094 and 1095: Register to File
The IRS released the Affordable Care Act (ACA) Information Returns (AIR) AIR Submission Composition and Reference Guide. This document provides guidance on registering to electronically […]