Did you know that you do not need to mail Form 1095-Cs if a notice is posted by March 3, 2025?
At the end of last year, a new law was enacted that would allow employers to provide Form 1095-C only if requested, so long as the employer complied with the IRS guidance. The IRS has issued guidance which requires that the employer provide a clear and conspicuous notice, in a location on its website that is reasonably accessible to all participants, stating that they may receive a copy of their statement upon request. The notice must include an email address, a physical address to which a request for a statement may be sent, and a telephone number that the participant may use to contact with any questions.
The notice must be posted by March 3rd this year and must remain up until October 15th. The form must be provided to the participant within 30 days of their request.
For more information regarding compliance for your benefit plans, contact any member of the McNees Labor and Employment Group.