IRS Extends Due Date for Furnishing Form 1095-B/C.
Notice 2016-70 extends the due date for furnishing Form 1095-B and Form 1095-C from January 31, 2017 to March 2, 2017. The Notice also extends transition relief from penalties if an employer makes a “good faith effort” to comply with reporting requirements.
This relief is welcome news for employers who are still working on their compliance approach.
A copy of the notice can be downloaded here.