Just like last year, the IRS has pushed back the due dates for some of the 2016 reporting requirements under the ACA. Notice 2016-70, issued last Friday, extended the deadline for furnishing individual statements under Sections 6055 and 6056 by 30 days – changing the due date from January 31, 2017 to March 2, 2017. It also extended the good-faith transition relief from penalties that was granted in 2016 for 2015 filings so that 2016 filings are due in 2017. However, be aware that the notice did not extend any deadlines related to submitting forms to the IRS – those due dates remain February 28, 2017 if filing via paper, or March 31, 2017 if filing electronically.
Please see the compliance bulletin below for more information: