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Source: US Dept of the Treasury
Real-world testing of reporting systems in 2014 will contribute to a smoother transition to full implementation in 2015.
We recognize that this transition relief will make it impractical to determine which employers owe shared responsibility payments (under section 4980H) for 2014. Accordingly, we are extending this transition relief to the employer shared responsibility payments. These payments will not apply for 2014. Any employer shared responsibility payments will not apply until 2015.
During this 2014 transition period, we strongly encourage employers to maintain or expand health coverage. Also, our actions today do not affect employees’ access to the premium tax credits available under the ACA (nor any other provision of the ACA).
Originally posted by whyamIhere
This is the worst law in a Country with a history of some bad laws...
Obamacare will be removed root and branch.
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While the employer mandate is being delayed, the so-called individual mandate -- the requirement that individuals obtain health insurance -- presumably remains on schedule for 2014.
**WHAT**!!
Originally posted by xuenchen
But WAIT !!!!
Here's the kicker of ALL kickers.....
[color=limegreen]
While the employer mandate is being delayed, the so-called individual mandate -- the requirement that individuals obtain health insurance -- presumably remains on schedule for 2014.
**WHAT**!!
Obviously this will cause big big problems for individuals.
Now what
Originally posted by sonnny1
reply to post by Wrabbit2000
More time for it to be fully read, I see........
Honestly, I hope folks understand how bad this thing is.
Its Crap, with a capital S..................edit on 2-7-2013 by sonnny1 because: (no reason given)
Originally posted by Carreau
Please Please will one of the obama sycophants respond to this thread and tell me how I am wrong and how everything is going to be soooo much better.
But the White House didn’t get an act of Congress delaying the penalties. They simply directed the Internal Revenue Service to refrain from enforcing the penalties. The announcement came, accordingly, in a blog post by Mark Mazur, Assistant Secretary for Tax Policy at the Treasury Department, prompting Ben Domenech, a fellow at the conservative Heartland Institute, to snipe: “Little known fact: Constitution made Assistant Secretary for Tax Policy [the] fourth branch of government.” Domenech has a point: This is a regulatory end-run of the legislative process. The law says the mandate goes into effect in 2014, but the administration has decided to give it until 2015 by simply refusing to enforce the penalties.