Mastering Form 1094-C: The Essential Guide

1094-C

Have you ever been curious about how companies with more than 50 full-time and full-time equivalent employees report their health insurance coverage to the IRS? This crucial form serves a dual purpose: it acts as a cover sheet for your company’s filing and provides monthly information to demonstrate compliance with the Affordable Care Act. When … Read more

10 Common Mistakes for IRS Form 1095-C

Common Mistakes on Form 1095-C - Boy covering face

There are many common mistakes that filers make when completing Forms 1095-C. We’ve compiled a list of the most common mistakes and how to fix them. Common Mistakes Only creating and sending forms to individuals that enrolled in coverage Common Mistake: Many filers assume that a Form 1095-C should only be completed for individuals that … Read more

Top 8 IRS AIR Test Scenario XML ISS-UI Sample Files Covering All Scenarios

irs air xml test scenarios aats iss-ui

Updated: 1/8/2024 As part of our continued commitment to give back to the small business community, we have open sourced our IRS AIR Test Scenario XML files going all the way back to Tax Year 2016. These files can be used as part of passing IRS testing for the AATS ISS-UI and AATS A2A system. … Read more

Import Spreadsheet Format Guidelines for Tax Year 2022

Import spreadsheet format guidelines A Step-by-Step Guide

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.  General Import Spreadsheet Guidelines For more in-depth or specific validation errors, you can … Read more

IRS AIR Production Cutover Schedule Released for TY 2022

IRS AIR Production Cutover Schedule Released for TY 2022 - Orange cone in parking lot

Today, the IRS announced the annual AIR Production cutover schedule for the Tax Year 2022/Filing Season 2023. This shutdown will affect all Affordable Care Act (ACA) transmissions, including corrections and replacements. AIR Production Cutover Schedule The system shutdown for production will begin on December 5, 2022 at 7:00 am ET. The start up date and … Read more

Filing Penalties for ACA Forms 1094-C & 1095-C in TY 2022

Falling Money - Filing Penalties for ACA Forms

Filing Penalties for ACA forms can happen for a variety of reasons, including forgetting to file or not offering coverage. With the increase of tax enforcement from the IRS due to the Inflation Reduction Act, filers need to be sure that they are up to date with all ACA terms and in compliance with all … Read more

Verifying Employee TIN Information

Employee TIN TINCorrect, IRS, SSA, SSN, Social Security Numbers, TIN verification. EIN, EIN verification

Once you have determined your common law employees and your total of full-time employees, an important detail in completing your ACA reporting is verifying your employee TINs (Tax Identification Numbers). Importance of Employee TIN Verification Failing to include an employee’s TIN, or providing the wrong TIN, could result in having your filing rejected, requiring corrections, … Read more

Self-Insured Plans: Form 1095-C Preparation

Typing - Self-Insured Plans

All providers of health coverage, including employers that provide self-insured plans, must file their annual returns with the IRS to report information about the coverage and each covered individual. Self-Insured Plans: Required Information For self-insured plans, the following information must be reported to the IRS: Self-insured coverage is defined as coverage where the employer assumes … Read more

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

computer code air error code

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

Cutover Schedule for IRS AIR Production Released (TY2021)

cartoon aca cutover 2021

Today, the IRS announced the annual shutdown/cutover schedule for the AIR Production system used to prepare for the Tax Year 2021/Filing Season 2022. This shutdown will affect all transmissions, including corrections and replacements.

Read more

E-File Your TempServ Software ACA Excel File

cartoon women on phone

Do you have a Tempserv Software ACA Excel File that you need to e-file? If so, you are in luck! BoomTax now has the ability to import your TempServ Software ACA Excel file and e-file your forms within minutes. How do I e-file my TempServ Software ACA Excel file? First, follow the steps outlined in … Read more

E-File Your Insperity Software ACA Excel File

cartoon person at desk

Do you have a Insperity Software ACA Excel File that you need to e-file?

If so, you are in luck! BoomTax now has the ability to import your Insperity Software ACA Excel file and e-file your forms within minutes.

Read more

E-File Your Sage Intacct Software ACA Excel File

cartoon working on phone

Do you have a Sage Intacct Software ACA Excel File that you need to e-file? If so, you are in luck! BoomTax now has the ability to import your Sage Intacct Software ACA Excel file and e-file your forms within minutes. How do I e-file my Sage Intacct Software ACA Excel file? First, follow the … Read more

E-File Your Cognos Software ACA Excel File

cartoon digital work

Do you have a Cognos Software ACA Excel File that you need to e-file?

If so, you are in luck! BoomTax now has the ability to import your Cognos Software ACA Excel file and e-file your forms within minutes.

Read more

E-File Your ADP Software ACA Excel File

cartoon computer

Do you have an ADP Software ACA Excel File that you need to e-file?

If so, you are in luck! BoomTax now has the ability to import your ADP Software ACA Excel file and e-file your forms within minutes.

Read more

   Help