If you are an employer who has purchased their employee’s health insurance through the “Healthcare Exchange” or the “Small Business Health Options Programs (SHOP) Marketplace”, don’t forget to alert your tax preparer.
Beginning in the 2014 tax year, a new form (Form 1095-A) will be required for you, as will a few changes to your standard Form 1040.
You should also prepare for a delay in the preparation of your tax return, as there is an expected delay in the receipt of the Form 1095-A.
If you have any questions or concerns about the ACA, please call our office at 314-993-4285 or e-mail us at office@hkaglobal.com.