Some ACA deadlines extended for employers

Employers will have more time to comply with some Affordable Care Act reporting deadlines. As you know, employers who offer fully insured medical plans must file Forms 1094-C and 1095-C with the IRS by Feb. 28 for paper filers and April 2 for electronic filers. (Employers with 250 or more reports to file are required […]
ACA Reporting Deadlines Are Here
Part of the Affordable Care Act requires that employers who offer fully insured medical plans perform annual reporting to the IRS. For businesses that file the required documents using paper forms, the deadline was May 31 for 2015 reporting. Most, however, file electronically, and the deadline for these reports is rapidly approaching. (Employers with 250 […]
Don’t get flagged — file tax statements on time or face stiff penalties
A new federal tax law aimed primarily at foreign competition – the Trade Preference Ace of 2015 – contains some hidden and increased penalties for domestic businesses that fail to file tax returns with the IRS on time or who don’t provide the required statements to those they have paid throughout the year. The increase […]