Federal legislation has delayed the implementation of the Affordable Care Act's excise tax on high-cost health insurance (also referred to as the Cadillac tax) for two years. In addition, the IRS has provided short extensions of the deadlines for filing and furnishing the forms required for reporting under Sections 6055 and 6056 of the Internal Revenue Code for 2015 returns only. Our client memorandum outlines these updates in more detail.