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IRS modifies deadlines for some ACA forms - Rehmann

The IRS is pushing out the deadline for a couple of Affordable Care Act (ACA) documents. According to IRS notice 2016-70, the due date for providing individuals Forms 1095-B (Health Coverage) and 1095-C (Employer-Provided Health Insurance Offer and Coverage) has been extended from January 31, 2017, to March 2, 2017.

Impacted by this development, according to the IRS, are insurers, “self-insuring employers, and certain other providers of minimum essential coverage under section 6055 of the Internal Revenue Code (Code) and for applicable large employers under section 6056 of the Code.” If you are uncertain about your own requirements, speak with your tax consultant.

“This last election cycle once again put the ACA in the spotlight, with an incoming administration that has stated its opposition to the law,” said Don McAnelly, Rehmann principal and director of Rehmann Healthcare Management Advisors. “Until further notice, though, we’re still strongly recommending a go-forward strategy that accommodates ACA requirements fully.”

If you have any questions, please contact Marie Shebuski at 517.626.7415 or marie.shebuski@rehmann.com.

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