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.
Before you begin to prepare your ACA reporting, it’s important that you know what information you need to prepare Form 1095-C. This step-by-step guide identifies 7 key topics that will help you correctly and timely file your Form 1095-C ACA reporting. Continue reading Preparing Form 1095-C: A Step-by-Step Guide for Tax Year 2018
Before you begin to prepare your Form 1099-DIV filing, it is important that you know what information you need. This step-by-step guide identifies 5 key topics that will help you correctly and timely file your Form 1099-DIV. Continue reading Preparing Form 1099-DIV: A Step-by-Step Guide for Tax Year 2018