The Affordable Care Act (ACA) reporting deadlines are approaching fast. The good news for employers is that the IRS recently announced that a 30-day reprieve from the reporting requirements may be available.
Employers are able to request an extension of the reporting deadlines for both filing the returns with the IRS as well as providing the ACA statements to payees. This includes 1094-B, 1094-C, 1095-B and 1095-C forms. To request an extension, employers must complete the IRS Form 8809 (Application for Extension of Time to File Information Returns). The form must be submitted by the reporting deadline.
Employers must remember that the IRS makes it clear that “requests for additional time are granted only where it is shown that extenuating circumstances prevented filing by the date granted by the first request.”