News

Paper Filers Must Submit Request by February 28, 2017 With the Affordable Care Act information reporting deadlines for the 2016 calendar year quickly approaching, employers are reminded that they can request a 30-day extension to file Forms 1094-C and 1095-C with the Internal Revenue Service (IRS). Unless an extension is granted, employers must file these […]

Hardship Exemption Application Also Available The City of San Jose has released a notice that covered employers must post under the San Jose Opportunity to Work Ordinance. Background The San Jose Opportunity to Work Ordinance generally requires employers with 36 or more employees to offer additional work hours to existing qualified part-time employees before hiring […]

Taxpayers May Be Able to Deduct Certain Expenses The Internal Revenue Service (IRS) has updated Publication 463 (Travel, Entertainment, Gift, and Car Expenses) for use in preparing 2016 returns that are filed in 2017. Background Taxpayers may be able to deduct the ordinary and necessary business-related expenses they have for travel, entertainment, gifts, or transportation. […]

Employers Should Correct Errors As Soon As Possible With the Affordable Care Act information reporting deadlines for the 2016 calendar year approaching, employers should confirm the accuracy of all information returns and correct any errors as soon as possible with both the IRS and their employees. Errors on Forms 1094-C and 1095-C As a reminder, […]

Provides Guidance on Completing and Retaining Form I-9 U.S. Citizenship and Immigration Services (USCIS) has released an updated M-274, Handbook for Employers, which provides guidance for complying with the requirements of Form I-9, Employment Eligibility Verification. Updated Handbook Among other things, the updated handbook provides information and answers on the following topics: Completing Form I-9; […]

Q&As Provide Information on Receipt of the Forms, How the Forms Relate to Income Tax Returns, and More The IRS has released new Q&As to help individuals understand the new Forms 1095-A, 1095-B, and 1095-C they may receive this quarter, including who should expect to receive them and what to do with them. The Q&As […]

Publication Includes Tax Guidance for HSAs, Health FSAs, and HRAs The Internal Revenue Service (IRS) has released a new Publication 969, Health Savings Accounts and Other Tax-Favored Health Plans, which contains information for use in preparing 2016 tax returns. Released annually, Publication 969 provides information on the rules related to health savings accounts (HSAs), health […]

Notifications to HHS Must Be Submitted Online HIPAA covered entities are reminded that the deadline to notify the U.S. Department of Health and Human Services (HHS) of breaches of unsecured protected health information affecting fewer than 500 individuals in calendar year 2016 is March 1, 2017. Background Among other things, the HIPAA Breach Notification Rule […]

Includes Revisions to Marketplace’s Open and Special Enrollment Periods The U.S Department of Health and Human Services has issued a proposed rule that would amend the timing of the annual Health Insurance Marketplace (“Marketplace”) open enrollment period for the 2018 plan year and increase pre-enrollment eligibility verification for special enrollment periods, among other things. New […]

Premium Tax Credit, Individual Mandate, and More The IRS offers news on trending topics and answers to questions it is hearing from taxpayers. The following reflects the most commonly asked questions that the IRS has been receiving regarding the Affordable Care Act (ACA): 1.    What happens if an individual does not file or fails to […]