30.11.2018 22:49:00
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IRS Extends Affordable Care Act Statement Deadline
COLDWATER, Mich., Nov. 30, 2018 /PRNewswire/ -- The IRS has announced an extension to the deadline for furnishing employee statements (Form 1095) for the Affordable Care Act. These extensions pertain to sections 6055 and 6056 of the Internal Revenue Code. This extension provides additional time for providing the 2018 Form 1095-B, Health Coverage, as well as the 2018 Form 1095-C, Employer-Provided Health Insurance Offer and Coverage. The new deadline is March 4, 2019, extended from the original deadline of January 31, 2019.
The deadline for filing a return with IRS remains unchanged. Forms 1094-B, 1095-B, 1094-C and 1095-C (whichever are applicable) are still required to be filed with the IRS by February 1, 2019 if not filing electronically or by April 1, 2019 if filing electronically.
To read more detail about the extension announced by the IRS, review Notice 2018-94.
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Infinisource Benefit Services has been a leader in the COBRA and benefits administration industry since it started in 1986. Over the past 30 years, Infinisource Benefit Services has grown and expanded to include administration for COBRA, Flexible Spending Accounts, Health Savings Accounts and Health Reimbursement Arrangements. Over 10 million COBRA notices have been generated without a single adverse judgment or penalty. Infinisource Benefit Services has also processed more than 7.5 million FSA/HRA claims, and that number continues to grow. With 30 years of experience comes a unique understanding of employers' needs and how to best provide for those needs. For more information, visit www.infinisource.com.
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