Got a 1095 tax form in the mail this year but not sure what it means? You're not alone. Tax season can sometimes feel like a storm of forms. While electronic filing is increasingly popular (and ...

Rajeev Dhir is a writer with 10+ years of experience as a journalist with a background in broadcast, print, and digital newsrooms. Lea Uradu, J.D., is a Maryland state registered tax preparer, ...

IRS Form 1095-C, "Employer-Provided Health Insurance Offer and Coverage Insurance," is a new document that your employer may send you this tax season. This is the first tax season that this form is ...

President Biden recently signed two new laws that significantly reduce the ACA compliance burden for employers by streamlining Form 1095 reporting and minimizing penalties for failure to file and ...

As part of the Paperwork Burden Reduction Act, signed into law on December 23, 2024, Internal Revenue Code (IRC) sections 6055(c) and 6056(c) were amended to allow the use of the alternative method ...

Watch out for a new “Important Tax Document” in the mail this tax season when you’re filing your 2015 tax return. Three-quarters of Americans should get new tax forms (1095-B and 1095-C) to prove that ...

New for the 2015 tax year, taxpayers are required to have 1095 statements showing that they had Minimum Essential Coverage (MEC) for healthcare as required by the Affordable Care Act. I'm getting ...