The Guidance Has Arrived! More Information from the IRS on ACA Forms 1095-B and 1095-C
Takeaways Employers may post a notice on their website instead of automatically furnishing Forms 1095-B and 1095-C to all full-time employees. The first due date for such a notice is March 3 for 2024 forms, and the notice must remain accessible until October 15. Related Links IRS Notice 2025-15 Benefits Law Advisor – Affordable Care Act Reporting Changes: Good News for Plan Sponsors Employer Reporting Improvement Act Paperwork Burden Reduction Act Article The Employer Reporting Improvement Act and the Paperwork Burden Reduction Act (the Acts) introduced significant changes to the reporting and enforcement rules of the Affordable Care Act (ACA ). We discussed the Acts in an earlier blog . Recently, the IRS issued Notice 2025-15, which provides the promised guidance for reporting entities on how to furnish Forms 1095-B and 1095-C. Here is what plan sponsors need to know: Alternative Method for Furnishing Forms Rather than automatically sendi...