Recent Posts tagged as 'Affordable Care Act'
Blog Post
By Sarah Lockwood Church

Apparently rhetoric matters. Although the former President eventually embraced the term himself, “Obamacare” was originally a derogatory term used for health care reform by Obama’s opponents in Congress. Anecdotal evidence suggests that many individuals didn’t know that the Affordable Care Act and “Obamacare” were the one and the same. Now that “Obamacare” may be repealed and replaced, many who demonized it realize that the law is more than just health insurance marketplaces. 

Blog Post
By Dasha G. Brockmeyer

Under the Affordable Care Act reporting requirements, applicable large employers and employers that offer self-insured health care coverage to their employees are required to furnish Forms 1095-C to their employees by January 31, 2017.  With IRS Notice 2016-70, the IRS extends the deadline for furnishing these statements to employees until March 2, 2017.  This is similar to relief provided by the IRS last year.  This is an automatic extension, which requires no additional paperwork. No additional extensions will be provided by the IRS.