IRS Extends 2018 Deadline for Providing ACA forms to Employees

On December 22, 2017, the IRS issued Notice 2018-06 which extends the deadline for applicable large employers (ALE) to provide 2017 health coverage information to their employees.   If you had 50 or more full time employees, including FTEs on average for the year, you now have until March 2, 2018 to file Forms 1095-B and 1095-C to your employees.  Deadlines for filing with the IRS have not changed.  Paper filings are due February 28, 2018 and electronic filings are due April 2, 2018.
Penalties:  The IRS is also providing relief from penalties for providing incorrect or incomplete 2017 information when filing if the ALE makes a good faith effort to comply with the regulations.  There is no relief for failure to comply with filing deadlines.
The deadline extension and the good faith relief are transitional measures only and should not be expected to continue.