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How Does IRS Form 1095-B Affect Small Businesses?
IRS Form 1095-B provides information about health insurance coverage. The Affordable Care Act (ACA), also known as Obamacare, requires that insurance providers send this form to those whose coverage meets the minimal standards of the law. Read more…

Does Your Company Need to File Form 1095-B?
A company is responsible for filing IRS Form 1095-B only if two conditions apply: It offers health coverage to its employees, and it is "self-insured." This means that the company itself pays its employees' medical bills, rather than an insurance company. A company that doesn't meet both conditions won't have to deal with Form 1095-B. Its employees might still receive a 1095-B, but from their insurer, not the employer. Read more…

Affordable Care Act (Obamacare) Survival Guide For ALEs
A key feature of the Affordable Care Act (also known as Obamacare) is the way in which responsibility for affordable health care coverage is shared between stakeholders. Companies that employ 50 or more people may be considered "applicable large employers" or ALEs under the Affordable Care Act (ACA). Read more…

Know the Key Dates for Health Care Reform
The Affordable Care Act (ACA) open enrollment periods vary from year-to-year, but are expected to continue to be late in fall to early winter. Being aware of health care reform key dates can mean avoiding tax penalties for remaining uninsured. Read more…

Video: The Affordable Care Act Tax Penalty Explained (Obamacare)
What is the Affordable Care Act tax penalty? Under the Affordable Care Act (Obamacare), if you can get health insurance and choose not to, and you aren't exempt for other reasons, you may have to pay a tax penalty. Beginning in 2019, although you are still required to have health insurance, there is not penalty for not having it. Read more…


More ACA Articles

Video: Who Qualifies for an Affordable Care Act Exemption (Obamacare)? Video: Affordable Health Care Act Explained—Obamacare Facts Video: What is the Affordable Care Act Individual Mandate? What Is the Individual Shared Responsibility Provision? How Health Care Reform Has Changed the Way You Pay Taxes How to Determine if You Have Minimum Essential Coverage (MEC) Understand and Avoid Health Care Reform Tax Penalties The Most Important Tax Forms for ALEs (Applicable Large Employers) What is Form 1095-C: Employer-Provided Health Insurance Offer and Coverage What is the Premium Tax Credit (PTC) and What is Tax Form 8962? Are Out-of-Pocket Medical Expenses Covered by ACA? 5 Steps to Navigate the Health Care Marketplaces Finding Your Health Care Marketplace What is Employer Sponsored Coverage? Are You Exempt From Health Care Coverage? Essential Tax Forms for the Affordable Care Act (ACA) Video: How to Claim the Affordable Care Act Premium Tax Credit (Obamacare) Health Care and Your Taxes: What's the Connection? What the Affordable Care Act Means for Vets Does Medicare Count as Minimum Essential Coverage (MEC) Do VA Benefits Count as Medical Insurance Coverage Under Obamacare? What is the Difference Between Forms 1094-C and 1095-C? Will Medicare/Medicaid be Impacted by ACA? What is the Shared Responsibility Payment? What is an ALE (Applicable Large Employer) for Health Care Reform? Employer Sponsored Health Coverage Explained What is Form 1095-A: Health Insurance Marketplace Statement What is Form 1094-B: Transmittal of Health Coverage Information Returns? What Is the Individual Mandate for Health Care Reform? What are 1095 Tax Forms for Health Care? What Are the Tax Penalties for Smokers? What is Code Section 6056 for Health Care Reform? Affordable Care Act Decoded What is Form 1095-B: Health Coverage

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