Well, guys, we’re stuck with the Affordable Care Act for at least a little while longer.
And by “at least a little while,” we mean “at least for the foreseeable future.”
At the end of last week, President Trump delivered a late-night ultimatum to House Republicans: Vote to approve their much-disputed overhaul of Obamacare on the House floor Friday or reject it so he could move on to other legislative priorities. Friday afternoon, House Speaker Paul Ryan pulled the bill from the House floor before it could even be voted upon, ultimately saying, “We came up short…We are going to be living with Obamacare for the foreseeable future.”
While President Trump was quick to place the blame for the bill’s ultimate failure on lack of Democratic support, when it came down to it, House Republicans simply didn’t anticipate enough votes that would allow the bill to pass either. Freedom Caucus conservatives believed the bill kept too much of the original Affordable Care Act intact, while more moderate Republicans were admittedly worried about electoral repercussions if the millions of Americans predicted to lose health insurance when the new bill passed would have lost coverage.
So while our esteemed government officials figure out what would make a better bill to repeal and replace the ACA, we’re left to follow the laws that are still in place. The ACA laws, that is.
And that means that you’ve got a deadline this week! Forms 1094 and 1095 that need to be sent to the IRS to report health insurance coverage offered during the 2016 tax year are due this Friday (March 31)! And remember this is the e-filing deadline, so no paper forms.
Luckily, you’ve landed at ACAwise, which is a full-service e-file provider exclusively for the ACA Forms 1094 and 1095. We’ll help you get everything together and securely e-filed, and if you’re in a real pickle, we’ll even help you e-file the automatic 30-day extension form for ACA Forms: Form 8809.
We don’t have much time, so get to filing! And if you have any questions in the meantime, don’t hesitate to reach out to us! We’re available by phone (704-954-8420) and live chat Monday through Friday, 9:00 a.m. to 6:00 p.m. EST. We also provide 24/7 support through email at [email protected].