Employers with Employees in CA, NJ, and RI Employers must provide IRS Forms 1095-B/1095-Cs to the state’s Franchise Tax Board or Division of Taxation CA: Subject to a $50 penalty per individual NJ: Subject to a $50 penalty per individual, going up to a maximum of $50,000. RI: No Penalty listed
Employers with Employees in District of Columbia and San Francisco DC: Employers must provide IRS Forms 1095-B/1095-Cs to DC’s OTR. San Francisco: Complete the Annual Reporting Form for the San Francisco Health Care Security Ordinance DC: No penalty listed SF: Subject to a penalty of $500 per quarter
Cosmo Insurance Agency is a full-service independent insurance agency based in New Jersey that offers an all-encompassing range of insurance options for both individuals and businesses.
Disclaimer: The information on this website is for informational and educational purposes only and is not a substitute for competent insurance, legal or tax advice and you should consult with a licensed professional in your state.
Copyright – Cosmo Insurance Agency – All Rights Reserved.
