MSPC CPAs

Archive for December 2015

New 2016 Healthcare Information Reporting Requirements

Background The Patient Protection and Affordable Care Act of 2010 (the “ACA”) imposes significant information reporting responsibilities on certain employers starting with the 2015 calendar year.  These employers must file annual information returns with the Internal Revenue Service (the “IRS”) and provide annual statements to their employees containing health plan coverage information.  Failure to file…

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