Cadillac Tax Delay until 2020
Cadillac Tax Delay until January 1st, 2020; Extension of Obamacare Health Plan Information Reporting Due Dates
Recent year-end delays to important Affordable Care Act requirements have given employers and other stakeholders much needed reprieve. President Obama signed into law a two-year delay of the Cadillac Tax on December 18, 2015. Cadillac Tax Delay until January 1st, 2020.
This two-year delay is part of Congress’s $1.8 trillion omnibus spending deal, the Consolidated Appropriations Act, 2016. In addition, the IRS recently announced a delay in health information reporting requirements for 2015 Forms 1094 and 1095. Continue reading