What You Need to Do with Form 1095

You, your employees or your clients may receive one or more forms that provide information about 2015 health coverage.¬†These are Form 1095-A, 1095-B and 1095-C. The following health care tax tips provide some answers to common questions about these forms: Form 1095-A: What you need to do with this form Form 1095-B: What you need […]

Are Health Reimbursement Accounts Still Allowed?

The IRS recently released an update on the tax rules for health reimbursement accounts in relation to the Affordable Care Act (ACA) and S Corporations. This update addresses small businesses that do not offer healthcare coverage, but do reimburse employees for insurance purchased on the healthcare exchanges. The IRS is waiving noncompliance penalties for the […]