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ACA Reporting Compliance Minute + Filing Extension Notice

Marshall & Sterling E-Alerts - Keeping You in the Know

With tax season around the corner, and the deadlines for the first round of ACA IRS reporting approaching, we want to provide a brief review on the new reporting provisions under sections 6055 & 6056 of the Internal Revenue Code.
 
Please click here to watch the most recent episode from our "Compliance Minute" video series. This short video will provide a quick recap on the "Who, What, & Whens" of the new IRS reporting requirements added by the ACA.
 
The 2015 final 1094-C & 1095-C reporting instructions can be found here.
 
Please note: Reporting entities may request a 30-day extension for furnishing statements to individuals and for filing with the IRS. Further, reporting entities who will issue 250+ 1095 forms, may also apply for a waiver from the requirement to file these returns electronically.  Details on the extension and waiver application process can be found in the final instructions.
 
As always, please do not hesitate to reach out with any questions or concerns.
 

Best Regards, 
 
Dannielle O'Toole, Esq.
Health Care Reform & Compliance Specialist
Marshall & Sterling Insurance
110 Main Street
Poughkeepsie, NY 12601
845-226-3083, ext. 2452