IRS Again Gives Employers Extension for ACA Reporting to Individuals

This is a preview. View original post on this site

Once again this year, employers and insurers were given an extra month to comply with the upcoming Affordable Care Act (ACA) requirements to furnish 1095-B and -C reports to individuals.

The deadline is being moved back from January 31 to March 2, 2021, the Internal Revenue Service (IRS) announced in Notice 2020-76. In addition, the good-faith transition relief that applied to last year’s Form 1094 and 1095 submittals is being extended to the reporting for 2020, the IRS stated.

“The Treasury Department and the IRS have determined that a substantial number of employers, insurers, and other providers

Read Complete Article


Subscribe to Recruiting Headlines

* indicates required


»Need an ATS? Try JazzHR

»Recruiting Webinars

»Free Rejection Email Templates

»Text Recruiting Solution

»Interview Scheduling Tool: Cronofy

»Job Search Engine: Adzuna

»HR Podcast Directory

»Recruiting Newsletters

»HR Tech News

»Freelance HR Jobs

»Recruiting & HR Jobs

»Career Site Audits

»Recruiter Ebooks