Newsday: Affordable Care Act extensions a reprieve for business owners

January 31, 2016
January 31, 2016 LI Advantage

Newsday: Affordable Care Act extensions a reprieve for business owners

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.

Click here to read the full article…

,
Request A Quote