As part of our continued commitment to small businesses, we are proud to announce the launch of our FREE ACA e-filing service for select employers.
Beginning today, employers with up to 75 full-time (or full-time equivalent) employees can use BoomTax to file their IRS tax forms 1094-C and 1095-C electronically with the IRS for the 2016 tax year for FREE.
Continue reading Introducing Our Free ACA E-filing Service for Small Businesses
Take active measures to avoid paying penalties for Tax Year 2018 by planning ahead, keeping track of your deadlines, and double-checking your information. If you fail to timely file your information returns or file them incorrectly, you could be liable for additional fines or fees.
Continue reading Penalties for Tax Year 2018 ACA, 1099 and W-2 Reporting
We’ve created Excel import spreadsheet templates to help you easily upload all of your 1095-B and 1095-C, 1099, and W-2 data. These templates are identical to the official IRS forms so that you can enter the information just as you would on paper. Continue reading Import Spreadsheet Format Guidelines for Tax Year 2018
The IRS has just released Notice 2018-94, which will extend the due date for some Tax Year 2018 information-reporting requirements for ALEs, insurers, self-insured employers, and certain other providers of minimum essential coverage.
As of this notice, the due date to furnish employee copies of Forms 1095-B and 1095-C has been extended from January 31, 2019 to March 4, 2019.
Good-faith transition relief from Section 6721 and 6722 penalties for Tax Year 2018 reporting is also extended.
IMPORTANT: Please note that this does not extend the IRS filing due date of April 1, 2019.