On December 28, 2015, the IRS extended the distribution and filing deadlines for the Affordable Care Act (ACA) reporting requirements set forth in Sections 6055 and 6056 of the Internal Revenue Code. Section 6055 of the Code requires health coverage providers to distribute forms to covered individuals which show the months the individuals were covered by “minimum essential coverage.” The deadline to comply with Section 6055 has been extended from February 1, 2016, to March 31, 2016.
Section 6056 of the Code requires applicable large employers to file with the IRS and to distribute forms containing information regarding offers of, and enrollment in, healthcare coverage. The deadline under Section 6065 has been extended from February 29, 2016, to March 31, 2016, if paper filing, and from March 31, 2016, to June 30, 2016, if electronically filing.
For more information, please see the following article by the National Law Review or contact Bryan Niemeyer.