Randall & Hurley, Inc.
Loren D. Stark Company
EPIC Retirement Plan Services
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|Reason to Celebrate: IRS Extends ACA Reporting Deadlines|
E is for ERISA
Dec. 30, 2015
"As has often been the case with ACA relief, this extension is offered so close to the original compliance deadlines that some ALEs may not need or even be operationally able to take full advantage of it, and the Notice makes clear that the IRS will be prepared to accept ACA returns beginning in January 2016. However even those ALEs that had already invested substantial time and money in fulfilling the original reporting and statement deadlines were struggling with the complexity of the forms and reporting codes, and the extension will allow for a less frenzied and hopefully more accurate reporting process."
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