IRS Rev. Proc. 2026-22 sets the 2027 ACA employer mandate penalties at $3,780 and $5,670 per employee, up about 13% from 2026. Here is what ALEs filing 1094-C/1095-C need to know.
The IRS has provided guidance about COBRA continuation coverage and provisions as amended under the American Rescue Plan (ARP).
We've created Excel import spreadsheet templates to help you easily upload all of your Tax Year 2025 1095-B and 1095-C, 1099, and W-2 data.
An employer may receive an ACA penalty letter if their filing is late, missing or inaccurate.
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
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With ACA filing came the list of requirements employers must follow. Check out the interactive Affordable Care Act reporting tool!
Today, the IRS announced the annual AIR Production cutover schedule for tax year 2024, which will affect all ACA transmissions in this time.
Since household income can be difficult to determine, the IRS offers three affordability safe harbors options to assist in determining affordability.
BoomTax filings include free unlimited corrections. Know what they are, when to submit them, why they're necessary, and how to minimize them.
The ACA’s employer shared responsibility provisions require ALEs to offer affordable health coverage to at least 95% of their FTEs.
We’ve compiled the following 7 key topics in our Form 1095-C Guide that may help you to correctly and timely complete your filing.
An important detail in completing your ACA reporting is verifying your employee TINs in order to avoid fines and penalties
The first step in preparing for ACA reporting is identifying all of your common law employees. The IRS defines an employee as anyone who...
Version 1 of AIR schema and business rules for TY24 have been posted to the IRS AIR website. Forms 1094-B, 1095-B, 1094-C, and 1095-C.