Affordable Care Act (ACA) reporting under Section 6055 and Section 6056 for the 2021 calendar year is due in early 2022. Specifically, reporting entities must: Furnish statements to individuals by Jan. 31, 2022; and File
The Department of Health and Human Services issued a final rule, effective July 13, providing guidance on various Affordable Care Act provisions, including setting the 2021 premium adjustment percentage, which effects the
To help people understand the Affordable Care Act and benefit from it, the Department of Health and Human Services, Department of Labor, and the Treasury jointly prepared answers to various frequently asked questions from
Many let out a sigh of relief after the repeal of the “Cadillac tax” on high-cost employer-sponsored health plans. What is the Cadillac tax? Under the 2010 Affordable Care Act (“ACA”), plan sponsors
Here are some important deadlines coming up soon. February 28 Deadline to file with HI Department of Taxation Forms: HW-2 (Statement of Hawaii Income Tax Withheld and Wages Paid) HW-3 (Employer’s Annual Return &
Welcome to the new tax year! Here are some updates from the Internal Revenue Service (“IRS”). IRS Deadlines Extended for Forms 1095-B and 1095-C Notice 2019-63 extends the deadline for issuing Forms 1095-B
Various annual inflation adjustments have been announced for 2020. Rev. Proc. 2019-44 provides annual inflation adjustments for more than 60 tax provisions for 2020, including those related to transportation fringe
April 1, 2019 is the deadline to electronically file with the Internal Revenue Service (“IRS”) Forms 1094-B, 1095-B, 1094-C, 1095-C, and 8027. February 28 was the deadline to file paper forms. Employers who