IRS Provides Transition Relief for 2019 ACA Reporting

December 3, 2019

On December 2, 2019, IRS Notice 2019-63 extended the due date for furnishing forms to individuals under Sections 6055 and 6056 to March 2, 2020 in lieu of January 31, 2020. The notice also included good-faith transition relief from penalties related to 2019 ACA reporting, and provides additional penalty relief related to failures to furnish 2019 forms to individuals under Section 6055 only. Read more HERE or contact your Robertson Ryan Team for assistance.