ACA Year-End Reporting – IRS Extends Individual Distribution

At the end of November the IRS released Notice 18-94 announcing a deadline extension for the distribution of Forms 1095-B and 1095-C to individuals from January 31, 2019, to March 4, 2019. This extension is provided without the need to submit Form 8809. This notice did NOT apply to the deadline for filing forms (1094-B, 1095-B, 1094-C, and 1095-C) with… Continue reading ACA Year-End Reporting – IRS Extends Individual Distribution

2019 Benefit Plan Limits

Many employee benefits are subject to annual dollar limits that are periodically increased for inflation. The Internal Revenue Service (IRS) recently announced cost-of-living adjustments to the annual dollar limits for various welfare and retirement plan limits for 2019. Although some of the limits will remain the same, many of the limits will increase for 2019. HSA Contribution  Self-only HDHP coverage:… Continue reading 2019 Benefit Plan Limits