Today the IRS and Treasury Department released guidance extending some of the Affordable Care Act reporting guidelines. Simply put, the extensions will allow for the following:
- Employers will have an additional two months (until the end of March 2016) to provide employees with the forms 1095-B and 1095-C, and
- Employers will have an additional three months to file with the IRS.
- New paper form filing deadline: May 31st, 2016
- New e-filing form filing deadline: June 30th, 2016
To learn more you can see the actual guidance by clicking here.