IRS extends due dates for ACA reporting

The IRS has announced an extension to the reporting deadlines mandated by the Affordable Care Act for Tax Year 2019. The IRS has extended the 2020 deadline from January 31 to March 2 for employers and insurers to furnish individual statements on 2019 health coverage and full-time employee status. The additional time was given in […]

The ABCs of healthcare tax forms

NUVISION Financial Corporation As the rollout of the Affordable Care Act continues to unfold, taxpayers need to be prepared for a number of forms that are required when filing taxes this year. In particular, taxpayers should look for forms 1095-A, 1095-B and 1095-C that are used to show the taxpayer had medical coverage this past […]