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Newsday: Affordable Care Act extensions a reprieve for business owners

31
Jan 2016

Businesses trying to comply with the Affordable Care Act have been given a reprieve of time.

Employers wrangling with Affordable Care Act compliance have been given a bit of extra time on IRS reporting requirements and a two-year reprieve on a tax targeting high-cost employer-sponsored health plans.

On the immediate front, employers have a two-month extension to provide employees eligible for coverage with forms reporting their 2015 offers of health coverage and the coverage provided, as well as a three-month extension to file these forms with the IRS.

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