The Affordable Care Act increases both health care coverage and paperwork. The Marketplace must provide a 1095 form to the individuals it covers. Additionally, health insurance providers, other coverage providers, and certain businesses are required to provide 1095 forms to covered individuals or employees. The forms will help the IRS determine who has health insurance and who does not. Under the Affordable Care Act, many people without coverage (and their employers) must pay a penalty.
There are three 1095 forms: […]
The Massachusetts Department of Revenue is launching a new electronic portal on November 30, 2015. By the end of […]
The Georgia Department of Revenue has published a notice listing the 2015 dates for timely sales and use tax […]
Filing sales and use tax returns electronically is encouraged in California State Board of Equalization has posted e-Filing FAQs […]
The Nebraska Department of Revenue has updated the local sales and use tax form for the period October 1, […]
Semiconductor material manufacturers in Washington State claiming the B&O tax rate must file an Annual Tax Incentive Report. Those manufacturers claiming sales and use tax exemptions on the purchase of gases and chemicals must file an Annual Tax Incentive Survey.
But effective June 12, 2014, a manufacturer claiming both the B&O tax preferential rate and the sales tax exemption on the purchase of gases and chemicals is required to file only the Annual Tax Incentive Report. The 2014 Annual Tax Incentive Report is due by April 30, 2015. […]
The California State Board of Equalization has updated its publication on sales and use tax records. Publication 116 explains record requirements, types of records required, the degree of detail required, required period of retention, and so forth. It’s an invaluable read for anyone required to collect and remit California sales tax.
The advice boils down to this: […]