The IRS created Form 1095-B to fulfill the requirements of the Affordable Care Act, also known as Obamacare. That law requires Americans to have basic level of health insurance in place, referred to ...
President Biden recently signed two new laws that significantly reduce the ACA compliance burden for employers by streamlining Form 1095 reporting and minimizing penalties for failure to file and ...
As ACA reporting deadlines approach, businesses, HR departments, insurance providers, and tax professionals are looking for a simpler way to file Forms 1095 and 1094 accurately and on time.
Businesses must furnish employee and covered individual copies for the 2025 coverage year by March 2, 2026.
Since the inception of the annual reporting requirements under the Affordable Care Act for Forms 1094 and 1095, the IRS has been annually extending the deadline for employers to distribute those ...