New 1095-B and 1095-C due date: March 2

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The IRS said it will allow large health insurance companies to delay sending out health insurance confirmation forms. The Jan. 31 due date has been delayed until March 2. Keep in mind that you can still fill your tax return without this form as long as you can prove you have health insurance. This change does not impact people who purchase insurance from the ACA marketplace (Form 1095-A).

Yet another delay in getting returns filed in February. It seems like tax season for us CPAs is now between March 15 and April 15th!! We used to love those clients who could file in February, now there just aren’t that many.

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