In the face of the many emergency declarations by federal as well as state governments, many are pushing off their tax filing deadlines. Starting at the federal level, US Treasury Secretary Steve Mnuchin announced earlier this week that the Internal Revenue Service (IRS) would suspend penalties and interest for up to 90 days on income…
Read More »Notwithstanding whether Congress repeals Obamacare or doesn’t, next Friday, March 31 is the last date to electronically file (e-file) Forms 1094-c and 1095-C with the IRS. Other deadlines had been changed, but March 31 is still the final deadline for electronic filing. McDonald’s may be reluctantly cutting some new ground with a Board seat for…
Read More »There are a couple of important dates upcoming that might have slipped under the radar and we want to be sure you are aware of them – for small business owners across the country, March 2, 2017 is the last date of the extended deadline for delivery of the 2016 Form 1095-C to your employees;…
Read More »OSHA is not the only federal agency that has extended effective dates as the IRS has pushed back the deadline by which time large employers must provide their employees with certain 2016 ACA Forms. The January 31 deadline is now delayed until March 2, 2017, however the dates when the forms must be filed with…
Read More »The Internal Revenue Service this week released Notice 2016-4, extending filing and distribution deadlines for the employer reporting requirements of the Affordable Care Act (ACA), thereby giving employers more time to comply with the law. Under the Internal Revenue Code (IRC), employers (both self-insured and those with 50 or more FTEs) must file the requisite…
Read More »With all the various legal hurdles now having been cleared, the Affordable Care Act is the law of the land and consequently, employer reporting requirements are now kicking in. The IRS has issued a number of draft reporting forms and certain large employers will be required to submit their reports electronically. Consequently, employers are well…
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