2016 Furnishing Deadline for ACA Reporting DELAYED

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On Nov. 18, 2016, the IRS issued Notice 2016-70 to:

Extend the due date for furnishing forms under Sections 6055 and 6056 for 2016 for 30 days, from Jan. 31, 2017, to March 2, 2017; and

Extend good-faith transition relief from penalties related to 2016 information reporting under Sections 6055 and 6056.


Notice 2016-70 does not extend the due date for filing forms with the IRS for 2016. The due date for filing with the IRS under Sections 6055 and 6056 remains Feb. 28, 2017 (March 31, 2017, if filing electronically).

Click here to view the next “Action Steps”

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Help Young Adults Get Covered!

Young adults all over the country are leaving home when they go to college or enter the workforce. In your outreach, education, and enrollment efforts geared toward young adults and their families, let them know that if they don’t have an offer of employer-sponsored coverage that is affordable (according to the Affordable Care Act definition) and meets minimum value (MV), young adults have other options to get covered.
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Remind these consumers that if they don’t have any health coverage, they may have to pay the individual shared responsibility payment when they file federal income taxes, and […] Read more


After hard-fought campaigns by both candidates, Republican candidate Donald Trump has been elected the 45th president of the United States. Trump’s victory in the election, along with Republican majorities retained in both the Senate and House of Representatives, will likely have a significant impact on a number of compliance issues over the next four years.

During his campaign, Trump called for a repeal of President Barack Obama’s hallmark health care reform legislation, the Affordable Care Act (ACA). In addition, Trump’s victory raises uncertainty over the future of other policies enacted under President Obama, including the new overtime requirements under the […] Read more

Avoid Health Care-related IRS Scams

Following numerous reports of scammers sending fraudulent versions of CP2000 notices during the 2015 tax year, the IRS and its Security Summit partners are warning taxpayers to be on high alert for the 2016 tax year and all subsequent tax years.

What Is a CP2000 Notice? The CP2000 is a notice generated by the IRS Automated Underreporter Program that is commonly mailed by the IRS to taxpayers through the U.S. Postal Service. Common IRS impersonation scams take the form of phishing emails, aggressive letters and threatening phone calls.

Click here to view how you can protect yourself.

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2017 Marketplace Cost Trends

The open enrollment period for obtaining health coverage for 2017 through the Affordable Care Act (ACA) Marketplace begins Nov. 1, 2016, and ends Jan. 31, 2017. In order for your health plan to become effective by Jan. 1, 2017, you must enroll in or change your health plan by Dec. 15, 2016.

Premium prices will increase significantly, but the increased availability of subsidies is expected to help offset the cost of obtaining health coverage for many consumers. The 2017 Marketplace looks a bit different than it did last year.

To help you make the best health insurance […] Read more