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September 16, 2014 – Cypress Benefit Administrators
    
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We enjoy bringing you information and reminders to help you stay abreast of new Cypress developments and industry compliance requirements. Please let us know how Cypress Solution eNews can be of further service to you.

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reportqaNew IRS Q&As on ACA Information Reporting by Employers and Health Coverage Providers 
Two sets of recently released questions and answers from the Internal Revenue Service (IRS) provide guidance on the information reporting requirements under the Affordable Care Act (ACA) – one for health coverage providers and one for employers. The guidance clarifies that, while it is voluntary for 2014, reporting will be mandatory for 2015. The Q&A documents also provide information on who is required to report, methods of reporting, how to report and more. Click here for more details, as well as to access links to the Q&As, draft forms, instructions and fact sheet.  
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Sincerely,
Cypress Benefit Administrators