The IRS has released draft forms and instructions for the 2019 B-Series and C-Series reporting forms (Forms 1094-B, 1095-B, 1094-C and 1095-C) used by employers and coverage providers to report certain information to full-time employees and the Internal Revenue Service (IRS).
Subject: Seasonal Workers/Employees Date: May 16, 2019 The 2019 summer months are here! Employers that hire Holiday Help and any Seasonal Help for that matter, need to understand the ACA rules around Seasonal “Workers” and Seasonal “Employees” As an employer, your size – for purposes of the Affordable Care Act – is determined by the number of your employees. […]
Extension of Time and Good Faith! This afternoon the IRS issued Notice 2018-94 which extends the due dates for certain 2018 information reporting requirements for insurers, self-insuring employers, and certain other providers of minimum essential coverage under section 6055 and for applicable large employers under section 6056.
ACA Employer Mandate Affordability Threshold for 2019 The IRS announced an increase in the affordability percentage for 2019. 9.56% 2015 9.66% 2016 9.69% 2017 9.56% 2018 9.86% 2019
Final 2017 IRS Forms 1094-C and 1095-C released The IRS issued final 2017 ACA Reporting forms 1094-C Employer Transmittal and 1095-C Offer of Coverage. Final instructions were released October 4th and there were no substantive changes.
American Health Care Act The AHCA passed Thursday May 4, with 217 votes (216 needed). Attached for your reading pleasure, should you so choose, is the Section by Section review of the Ways and Means Committee and includes the amendments from the Energy and Commerce Committee. The bill now goes to the Senate. What will happen in […]
House Health Committees Advance GOP’s ACA Repeal/Replace Bill While in Washington last week participating in the ECFC conference, I attended the House Ways & Means mark-up into the early morning Thursday and the Energy & Commerce mark-up Thursday afternoon. The Committees advanced their respective pieces of Fiscal Year 2017 budget reconciliation legislation, which repeals and […]
The IRS has released Health Care Tax Tip 2017-01
Employers that hire Holiday Help and any Seasonal Help, need to understand the ACA rules around Seasonal “Workers” and Seasonal “Employees”
IRS Provides a 30-Day Extension for Furnishing Forms 1095