ACA Reporting Requirements – A Basic Overview

The Affordable Care Act (ACA) requires health insurance issuers and applicable large employers (ALEs) to file annual returns with the IRS reporting on the health plan coverage they offered or provided. The reporting will provide the IRS with the necessary information to administer the ACA’s employer and individual mandates. The first returns are due Feb. … Continue reading ACA Reporting Requirements – A Basic Overview

House Delays Cadillac/Excise Tax

NAHU is pleased to share with you that the House of Representatives has now passed legislation that will delay the Cadillac/excise tax for two years. The provision was included in a $1.1 trillion omnibus government spending and tax-break package. It is now headed to the Senate and is expected to pass later today. President Obama … Continue reading House Delays Cadillac/Excise Tax

Extension of the Due Dates for 2015 Information Reporting under Code §§ 6055 and 6056

December 28, 2015 Notice 2016-4 extends the due dates for the 2015 information reporting requirements both furnishing to individuals and filing with the Internal Revenue Service) for insurers, self-insuring employers, and certain other providers of minimum essential coverage under section 6055 of the Internal Revenue Code, and the information reporting requirements for applicable large employers … Continue reading Extension of the Due Dates for 2015 Information Reporting under Code §§ 6055 and 6056

House Delays Cadillac/Excise Tax

NAHU is pleased to share with you that the House of Representatives has now passed legislation that will delay the Cadillac/excise tax for two years. The provision was included in a $1.1 trillion omnibus government spending and tax-break package. It is now headed to the Senate and is expected to pass later today. President Obama … Continue reading House Delays Cadillac/Excise Tax