Proposed Rules Would Make ACA Information Reporting Extensions Permanent | Practical Law
The Internal Revenue Service (IRS) has issued proposed regulations that would provide an automatic time extension for employers with self-funded health plans, health insurers, and certain other entities to provide individuals their Forms 1095-B. The proposed regulations also would include an alternative method of providing Forms 1095-B in certain situations. In addition, the proposed regulations would include an automatic extension for large employers to provide Forms 1095-C to their full-time employees.