Date: August 21, 2015 | One Step Ahead of Healthcare Reform
The Affordable Care Act (ACA) created new reporting requirements under Internal Revenue Code (Code) Sections 6055 and 6056. Under these new reporting rules, certain employers must provide information to the IRS about the health plan coverage they offer (or do not offer) or provide to their employees. Reporting is first required in 2016, related to coverage offered or provided in 2015. The Internal Revenue Service (IRS) recently released the following …Read More.