form 1095 Archives - Employee Benefits I AP Benefit Advisors

Don’t Be Fooled – ACA Employer Mandate Penalties Are Still Effective

Contrary to popular belief, the Affordable Care Act’s (ACA’s) individual and employer mandate penalties continue to apply and the IRS intends to enforce them. Much of the confusion surrounding the ACA mandate penalties stems from President Trump’s Inauguration day Executive Order, in which he directed federal agencies to “minimize the unwarranted economic and regulatory burdens” […]

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IRS Releases Draft 2015 Forms 1094 and 1095

On Tuesday of this week, the IRS release 2015 versions of Form 1094 and 1095. These will be used to report information that is needed to satisfy and comply with both the Individual Mandate and the Employer Shared Responsibility provisions of the Affordable Care Act (in addition to assisting with the complex evaluation process for […]

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IRS Tax Form 1095: How Will You Comply?

Starting in January 2016, large employers must distribute new Form 1095 tax documents to all full-time and covered part-time employees, due the same time as W-2s. Watch as Don Garlitz, Senior Vice President, bswift, discusses the key elements and challenges of Form 1095, as well as why employers need to take notice and prepare. Click […]

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