January 31st, 2016

TAX TIP OF THE DAY... What to do with new 1095-B and 1095-C tax forms?
Have you noticed that you received new 1095 Health Inurance tax forms in the mail?  Or maybe not since many companies filed for extensions which gives them until March to get you the 1095 forms.  The good news:  you do absolutely nothing with them.  Don't attach to tax returns.  Don't report any of the account numbers on your tax return.  Just file away in case the IRS accuses you of not having health insurance.  

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If you need tax help... www.baboiancpa.com