Recently, the Internal Revenue Service (IRS) announced the extension of a couple of the important Affordable Care Act (ACA) reporting dates.
The IRS announced that they are extending the deadline for employers distributing health coverage offers and coverage provided to employees to March 31, 2016. The IRS is also pushing back the deadline for employers to report offers and coverage provided to May 31, 2016 for paper filing and June 30, 2016 for electronic returns.
This most recent ACA delay/modification is certainly good news for employers struggling to keep up with the increasing demand on resources to comply with the new healthcare regulations.
Of course, if you have any questions or concerns about ACA reporting, compliance or implementation, you owe it to yourself to contact us. Spring’s compliance experts are consistently tracking and studying healthcare law to ensure our clients get the best and most up-to-date advice possible on this evolving topic.