To end 2015, the IRS issued new regulatory guidance in implementing the Affordable Care Act, as well as several delays and extensions.
CLICK HERE for an Oswald advisory summarizing the recent extension for employers to complete the IRS reporting requirements. The notice provides a 60-day extension for filing Forms 1095 and 1094 as well as a three month extension for filing the forms with IRS.
CLICK HERE for an Oswald advisory addressing the two-year delay of the Cadillac tax.
Additionally, the IRS issued Notice 2015-87 in a Question & Answer format. This broadly written notice clarifies many implementation questions impacting employers.
• Health Reimbursement Arrangements (HRAs)
• Employer Payment Plans
• Plan Affordability under the Employer Shared Responsibility Provisions
• Health Flexible Spending Arrangements (Health FSAs)
• Health Savings Accounts (HSAs)
Join Oswald on January 14, 2016, at 2:00 p.m. EST, as we continue our 30-minute Employee Benefits Webinar Series “What’s Under the Hood” to summarize these important takeaways for employers.