Lockton Compliance Shares New ACA Reporting Resource
Some of our friends in Lockton Compliance Services created this little grid that gives a quick look at due dates and potential extensions related to ACA reporting, and we thought it was so helpful it needed to be shared.
The grid includes a link to the IRS extension form (Form 8809) that employers can use to obtain an extension from the deadlines to submit reporting forms to the IRS ( Feb. 29, 2016 for paper filings, Mar. 31, 2016 for e-filings). There is also a link to the IRS’s FIRE webpage through which Form 8809 may be filed electronically.
Employers that want or need an extension of the Feb. 1, 2016 deadline to give employees and other individuals a Form 1095-C (or, in some cases, 1095-B) have to ask for the extension in a letter to the IRS. You can view a model letter here.
If you have any questions about ACA compliance and extensions, please comment below and we will work with Lockton’s Compliance Team to get you some answers.