IRS Offers Extension for Some ACA Reporting

The due date for providing two of the 2016 IRS ACA reports to employees has been extended from January 31 to March 2, 2017. Note, however, that the deadline for filing remains February 28 if using paper forms or March 31 if filing electronically. The forms affected are:

2016 Form 1095-B, Health Coverage
2016 Form 1095-C, Employer-Provided Health Insurance Offer and coverage.

To set up Sage 100 to support ACA requirements go to Sage Support.

Year-End Processing Reminder:s You must be sure that you are on a supported version of Sage 100 for 2016 year-end tax updates. See more information here.

The 2017-Q1 Tax Table Update is scheduled to be available this week. Check the Sage Knowledgebase for the latest updates and year-end processing resources.

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