While it’s not quite as exciting as the 2-year delay of the Cadillac Tax, it’s still good news for large employers: The IRS has announced that employers subject to the Section 6055 and 6056 reporting requirements have a little extra time to file.
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- The deadline for furnishing to individuals Form 1095-B and Form 1095-C has been extended to March 31, 2016.
- The deadline for filing with the IRS Form 1094-B, Form 1094-C, and Form 1095-C has been extended to May 31, 2016 (if filing nonelectronically) and to June 30, 2016 (if filing electronically; employers filing 250 or more information returns are required to file electronically).
The new notice also provides guidance to individuals who might not receive a Form 1095-B or 1095-C by the time they file their 2015 tax returns.
Jennifer Carsen, JD,is a Legal Editor for BLR’s human resources and employment law publications, focusing on benefits compliance. In the past, she served as the managing editor of California Employer Resources (CER), BLR’s California-specific division, overseeing the content of CER’s print and online publications and coordinating live events and webinars for both BLR and CER.
Before joining CER in 2005, Ms. Carsen was a Legal Editor at CCH, Inc. and practiced in the Labor & Employment Department at Sidley & Austin, LLP in Chicago. She received her law degree from the New York University School of Law and her B.A. from Williams College. She is licensed to practice law in New Hampshire.
Questions? Comments? Contact Jen at jcarsen@blr.com for more information on this topic |