ACA Employer Mandate Penalty Letters are on the Way

OMA Connections Partner, Bricker & Eckler, posts this update:┬áThe IRS has recently taken affirmative steps towards assessing the Affordable Care Act (ACA) employer mandate penalties, which are set to begin before the end of 2017. The agency has updated its website with information (questions 55-58) discussing how employer mandate penalties will be assessed and contested. It has also released a sample Letter 226J, which formally describes the procedures the IRS will use to propose and assess the penalties. The IRS plans to issue the first letters in late 2017 (for 2015 calendar year penalties).”

Read more from Bricker about this here. 11/16/2017