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Final Regs Issued on ACA Reporting Requirements
Thompson Coburn LLP in Employee Benefit Review
[Guidance Overview] June 8, 2014
"Sections 6055 and 6056 require a significant amount of new information to be reported to the IRS and furnished to covered individuals. Large employers and others tasked with gathering and reporting this information should be preparing the systems now to help assure compliance. It may make sense to test the compliance with the voluntary 2014 reporting (in early 2015)."
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