Affordable Care Act, IRS, Form 1095

IRS Issues Affordability Percentage Adjustment for 2025

Woodruff Sawyer on 9/12/2024

The Internal Revenue Service (IRS) has released Rev. Proc. 2024-35, which contains the inflation adjusted amounts for 2025 used to determine whether employer-sponsored coverage is “affordable” for purposes of the Affordable...more

[Webinar] ACA Reporting Requirements and Strategies - December 13th, 12:00 pm - 1:30 pm ET

Warner Norcross + Judd on 11/30/2023

Gear up for another year of ACA reporting! Dive into a comprehensive 90-minute webinar led by Warner Norcross + Judd LLP attorney Stephanie Grant. Gain invaluable insights about the ACA reporting essentials, what codes to use...more

Tax Court in Brief | Henry v. Comm’r | Affordable Care Act and Deficiency for Amounts of Advance Premium Tax Credits

Freeman Law on 1/10/2023

Summary: From early 2015 and through 2016 Marie Henry (“Henry”) was unemployed and in a terrible financial, physical, and mental state. To get by, she made early withdrawals from a retirement plan. She was enrolled in health...more

1095-C Codes for the 2022 Tax Year

Trusaic on 1/10/2023

The arrival of a new year marks the time to begin preparing annual 1095-C filings with the IRS and select state governments. Fortunately for employers, there aren’t any new 1095-C codes for the 2022 tax year. Still, with...more

IRS Finalizes Affordable Care Act Reporting Relief

Ballard Spahr LLP on 1/9/2023

Since the inception of the annual reporting requirements under the Affordable Care Act for Forms 1094 and 1095, the IRS has been annually extending the deadline for employers to distribute those reports to individuals. In...more

Compliance Alert: IRS Releases Final Rules Extending Deadline to Furnish ACA Reporting Forms

Woodruff Sawyer on 1/5/2023

On December 12, 2022, the IRS released a Final Rule providing for, among other things, an automatic 30-day extension of time for applicable large employers (“ALEs”) to furnish annual Form 1095-C to individuals for calendar...more

IRS Permanently Extends Deadlines for ACA Reports to Individuals

Proskauer - Employee Benefits & Executive... on 1/4/2023

On December 15, 2022, the Internal Revenue Service (“IRS”) published final regulations that make permanent certain relief and changes relating to the Affordable Care Act (“ACA”) reporting requirements. Specifically, the final...more

Permanent Extension to the ACA Reporting Deadline

Seyfarth Shaw LLP on 12/29/2022

Seyfarth Synopsis: Recently the U.S. Treasury Department (Treasury) and Internal Revenue Service (IRS) issued regulations (the “Final Regulations”) which finalized previously proposed relief for furnishing Forms 1095-B and...more

Happy Holidays from the IRS: The IRS Finalizes the ACA Reporting Relief and Deadline Extensions!

Groom Law Group, Chartered on 12/15/2022

On December 12, 2022, the Department of Treasury (“Treasury”) and the Internal Revenue Service (“IRS”) released final regulations that provide reporting relief for ACA reporting— specifically, Forms 1095-B and 1095-C...more

Prepare for Upcoming 2023 ACA Reporting Deadlines

Trusaic on 12/5/2022

Employers looking toward the new year will need to keep the 2023 ACA reporting deadlines in mind to avoid steep penalties from the IRS. Every year, Applicable Large Employers (ALEs) must file and furnish their ACA...more

5 Most Important Steps for Employers Doing Their 2023 ACA Compliance Planning

Fisher Phillips on 9/15/2022

Applicable large employers must adhere to many Affordable Care Act (ACA) rules to remain compliant regarding group health plan offerings. We offer the following checklist of the five most helpful reminders you should take...more

Affordable Care Act Reporting Requirements

Bond Schoeneck & King PLLC on 3/29/2022

For several years, the IRS showed leniency to large employers (50 or more employees) who failed to file Forms 1095-C and 1094-C accurately or by the annual deadline. The IRS has signaled these forms will be reviewed with...more

No More Mister Nice Guy…No More “Good-Faith” Relief for ACA Reporting Requirements

Holland & Hart - The Benefits Dial on 1/13/2022

The good news is that the deadline to furnish individuals with the Form 1095-C or Form 1095-B reporting health care coverage in 2021 has been extended to March 2, 2022. The bad news is that the days of good-faith relief are...more

7 Tips to Avoid Employer Mandate Assessments and Penalties under the Affordable Care Act

Bradley Arant Boult Cummings LLP on 1/13/2022

As we discussed in a prior article, it is now more important than ever for employers to ensure they fully and accurately complete IRS Forms 1094-C and 1095-C — forms required to be filed and/or furnished to employees under...more

IRS Proposal Extending Deadlines for ACA Reports to Individuals

Proskauer - Employee Benefits & Executive... on 1/6/2022

The Internal Revenue Service (“IRS”) recently issued proposed regulations affecting certain reporting deadlines under the Patient Protection and Affordable Care Act (“ACA”). Specifically, proposed regulations would make...more

Finally, Final Instructions: Due Date for Furnishing Form 1095-C Extended

Seyfarth Shaw LLP on 12/22/2021

Seyfarth Synopsis: The IRS has released final instructions for completing Forms 1094-C and 1095-C for 2021. Notably the instructions provide that the due date for furnishing Form 1095-C to individuals is extended to March 2,...more

Compliance Alert: IRS Proposes Permanent 30-day Extension to ACA Reporting Deadline

Woodruff Sawyer on 12/6/2021

Insights December 3, 2021 /Employee Benefits On November 22, 2021, the IRS filed a Notice of Proposed Rulemaking (“Proposed Rule”) that among other things, provides for an automatic 30-day extension of the deadline for...more

IRS Proposes to Permanently Extend Form 1095-B and -C Deadline for Individuals

Kilpatrick on 12/1/2021

On November 22, 2021, the IRS released a draft version of proposed regulations that have been submitted for publication to the Federal Register (but not yet formally published) which would permanently extend the annual...more

Permanent Extension of Form 1095-C Reporting Deadline

McAfee & Taft on 11/29/2021

The Internal Revenue Service recently released a host of changes to Form 1095-C reporting required under the Affordable Care Act. This is welcome relief for large employers who struggle to deliver these forms to employees by...more

Take Notice: The IRS Proposes ACA Reporting Relief and Deadline Extensions!

Groom Law Group, Chartered on 11/24/2021

On November 22, 2021, the Department of Treasury and the IRS issued proposed regulations generally intended to provide Form 1095-B and 1095-C reporting relief. Under the statutory language of the ACA, reporting entities are...more

IRS announces relief for certain Form 1094/1095 reporting requirements

McAfee & Taft on 10/19/2020

In a similar move as in previous years, the IRS has issued relief from certain Form 1094-C and 1095-C reporting requirements under the Affordable Care Act relating to employee health plans, as well as relief from certain...more

IRS Extends Transitional Relief for 2020 ACA Reporting

Kilpatrick on 10/13/2020

The Internal Revenue Service (IRS) released Notice 2020-76 on October 2, 2020, announcing a delay in the deadline for distribution of Forms 1095-B and Forms 1095-C to participants by employers, health insurers and other...more

Finally, Some Good News: IRS Extends Certain ACA Reporting Deadlines and Transition Relief

Snell & Wilmer on 10/8/2020

As in prior years, the IRS has provided relief for employers preparing to comply with the Affordable Care Act’s (“ACA”) information reporting requirements in early 2021 for the 2020 calendar year. In particular, Notice...more

Affordable Care Act Deadlines Extended for 2020 Notices

Nelson Mullins Riley & Scarborough LLP on 10/6/2020

Similar to last year, in Notice 2020-76, the Internal Revenue Service (the “IRS”) has extended the deadlines for delivery (but not filing) of the 2020 Forms 1094 and 1095 required by the Affordable Care Act (the “ACA”)....more

IRS Memo Concludes No There Is Statute of Limitations for ACA Employer Mandate Penalties Under Internal Revenue Code § 4980H

Epstein Becker & Green on 3/9/2020

The IRS Office of Chief Counsel recently issued a memo which, in a surprise to many, concluded that the filing of the Affordable Care Act (“ACA”) Forms 1094-C and 1095-C (“C Forms”) does not start the statute of limitations...more

Patient Protection and Affordable Care Act (PPACA) › Internal Revenue Service › Form 1095

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