Ken Ham, Author at The Boom Post

IRS E-Services: 11 Services Affected by ID.me Migration

May 19, 2022May 18, 2022 by Ken Ham

irs e-services phone authentication with security icon

After a major overhaul of the IRS E-Services login last year, the IRS is set to shake up the authentication and login of E-Services users yet again. In a QuickAlerts announcement in early May 2022, the IRS stated that they will be moving away from the cumbersome E-Services Secure Access platform and will instead partner … Read more

1095C-019-05: Everything You Need to Know About This New IRS ACA Reporting Error AIR Code

May 19, 2022May 4, 2022 by Ken Ham

Within the past 2 years, the IRS has refined their ACA e-file process and the introduction of newer more obscure error codes is an example of this. What does error code 1095C-019-05 mean? In short, this error code indicates that you’ve used a value of $3500 or more in the employee share section (box #15) … Read more

UPDATE: Extension for ACA Recipient Copy Deadline | TY 2021

May 19, 2022October 28, 2021 by Ken Ham

**Updated December 09, 2021**

The IRS has recently extended the deadline for providers of minimum essential coverage (MEC) to furnish ACA tax forms 1095-C and 1095-B to eligible individuals by March 2, 2022 for the tax year of 2021. The proposed regulation is to offer an extension to all ALE’s (applicable large employer) to furnish statements relating to health insurance that the employer offers to its full-time employees. If the due date falls on a weekend or legal holiday, then the due date is the following business day. No additional extension will be granted for these forms.