By Rebecca Wilson, Employee Benefits Department Manager
On October 2, 2020, the Internal Revenue Service (IRS) announced that they have extended the deadline for providing Forms 195 B & C to Employees and covered Individuals.
This means that Employers subject to the Employer Mandate Reporting Requirements have the extended timeframe until March 2, 2021 to send these notices to Employees. Initially the deadline was January 31, 2021.
This announcement does not change the deadline of March 31, 2021 for electronic filing of Forms 1094 and 1095 B & C with the IRS.
Should you have any questions on if your Company is required to produce these forms, or any other Affordable Care Act Compliance regulations, please do not hesitate to contact your Proactive Risk Executive.