Versions 4.5 and higher of Sage 100 are fully capable of meeting ACA reporting requirements for 2015. These versions, which must also have the latest product update and IRD installed, will work in conjunction with the Aatrix tax filing services for producing fileable ACA reports.
News today from the IRS indicates that they’ve pushed back the filing deadlines for many of the ACA forms as outlined in the following notice:
IRS Notice 2016-4 today extended the deadline for most ACA filings for the 2015 information reporting requirements (both furnishing to individuals and filing with the Internal Revenue Service (Service)) for insurers, self-insuring employers, and certain other providers of minimum essential coverage under section 6055 of the Internal Revenue Code (Code), and the information reporting requirements for applicable large employers under section 6056 of the Code.
Specifically, this notice extends the due date (1) for furnishing to individuals the 2015 Form 1095-B, Health Coverage, and the 2015 Form 1095-C, EmployerProvided Health Insurance Offer and Coverage, from February 1, 2016, to March 31, 2016, and (2) for filing with the Service the 2015 Form 1094-B, Transmittal of Health Coverage Information Returns, the 2015 Form 1095-B, Health Coverage, the 2015 Form 1094-C, Transmittal of Employer-Provided Health Insurance Offer and Coverage Information Returns, and the 2015 Form 1095-C, Employer-Provided Health Insurance Offer and Coverage, from February 29, 2016, to May 31, 2016, if not filing electronically, and from March 31, 2016, to June 30, 2016 if filing electronically.
For more information on completing the ACA reporting within Sage 100, please review this webinar recording.
