IRS extends ACA information reporting deadline

The IRS has announced that it will extend the Affordable Care Act information reporting deadline. Certain reporting entities, which include employers and multi-employer health plans, will have an additional two months to provide the 2015 Form 1095-B, which is used to report information to the IRS and to taxpayers about individuals who are covered by minimum essential coverage and therefore are not liable for the individual shared responsibility payment.

House Republicans are now criticizing the Obama administration for the extension, saying that the ACA is flawed and "delaying burdensome and complex requirements of the healthcare law won't remedy the situation." The Treasury Department said it was responding to employers concerned that they would not have enough time under the original deadlines, according to an article from The Hill. Article

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