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Coming Soon: ACA Employer Penalty Assessments

Nov 6, 2017 3:02:00 PM / by Deborah Hyde posted in ACA, Affordable Care Act, ACA Compliance, penalty

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On November 2, the Internal Revenue Service (IRS) issued revised FAQs on the employer shared responsibility provisions under the Affordable Care Act (ACA). Question sets 55-58 now detail the procedure the IRS will use to begin issuing proposed penalty assessments to employers that failed to comply with these provisions in 2015. Though the IRS was previously silent on the details of penalty assessments, this new information serves as a reminder to employers that compliance enforcement is a priority for the IRS.

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