518-373-4111
The IRS has delayed the 2015 ACA reporting deadlines for providing the required forms to both individuals and the IRS, allowing employers, insurers, and others more time to gather the required information and adapt to the new procedures for reports using Forms 1094 B/C and 1095 B/C. The following changes have been made:
- Due date for providing forms to individuals using 1095-B and 1095-C: extended from February 1, 2016 to March 31, 2016.
- Due date for filing with the IRS:
- Extended from February 29, 2016 to May 31, 2016 if not filing electronically.
- Extended from March 31, 2016 to June 30, 2016 if filing electronically.
Penalties may be enforced if these new deadlines are not met by employers.
GTM has full capability for all ACA reporting requirements.
Contact us today at (518) 373-4111 for more information.
