
The Patient Protection and Affordable Care Act of 2010 has been confusing for most of us since its inception. Not only are there confusing requirements and multiple deadlines, but requirements seem to be a moving target. Originally, The Patient Protection and Affordable Care Act of 2010 (PPACA) amended the Internal Revenue Code to require, beginning Jan. 1, 2011, that employers report the aggregate cost of “applicable employer-sponsored coverage” on Forms W-2 issued to employees. However, on Oct. 12, 2010, the Internal Revenue Service (IRS) announced that employers will not be required to report the cost of employer-sponsored group health coverage on Forms W-2 issued for 2011. Notice 2010-69 advises that the Form W-2 reporting requirement is not mandatory for Forms W-2 issued for 2011. The IRS explained that the “Treasury Department and the IRS have determined that this … [Read more...]





