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IRS Issues Proposed Rules Related to Premium Tax Credit Eligibility
The IRS has released proposed rules clarifying certain issues regarding the premium tax credit (PTC) for individuals who fall into three different scenarios of coverage/non-coverage. Read the full article to learn more about the newly proposed PTC rules, how PTCs impact employers, and find a link to access the new rules in their entirety.
IRS Releases Draft 2016 Forms 1094 and 1095 for Employers to Report Health Coverage and ACA Compliance
The IRS has released draft versions of the Forms 1094-B, 1095-B, 1094-C, and 1095-C that employers and insurers will use in early 2017 to report to the IRS and covered individuals on health coverage offered in the 2016 calendar year. Read the full article for background, highlights of key changes and links to the draft forms.
