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One-year Postponement on Certain Employer Health Care Requirements

The Treasury Department announced a one-year postponement of the information-reporting requirements for insurers and self-insuring employers and for employers who provide health coverage to their full-time employees, as well as for the implementation of the shared-responsibility penalty for large employers who fail to provide minimum health coverage for employees. Proposed regulations formally postponing the effective dates of the provisions are expected soon.

Follow this link to a Journal of Accountancy article for more details.  http://www.journalofaccountancy.com/News/20138268.htm

 

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