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Posts Tagged ‘226J’

The Top 3 Things Employers Should be Doing NOW to Stay Compliant with the Affordable Care Act in 2019

With the ACA not going anywhere in 2019, now is a good time to make sure your ducks are in a row for ACA compliance this year. Here’s some tips on how to stay compliant. Quick reminder: Under the ACA employer mandate, ALEs (Applicable Large Employers) must periodically (usually monthly) offer at least 95% of […]

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We Received the Dreaded IRS Letter 226J. Now What?

When you find a copy of IRS Letter 226J in the mail, it can be a frustrating feeling. Letter 226J is a penalty assessment notice that essentially notifies you that you failed to comply with the employer mandate of the Affordable Care Act (ACA). Your first thought might be: “What? No way.” You may disagree […]

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Affordable Care Act Requirements Still Enforced, IRS ESRP Letters Continue

The Tax Cuts and Jobs Act signed into law by President Trump in December of 2017 eliminated the penalty associated with the “individual mandate” beginning in January of 2019. At about the same time, the IRS ramped up ACA enforcement of the “employer mandate”. The result was a mixed message in the ear of employers. […]

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Have you received an ACA “love letter” from the IRS?

As stated back in April of this year, the IRS will begin enforcement of the Affordable Care Act (ACA) any day now. They have now published a draft of the soon to be sent Employer Shared Responsibility Payment (aka “Penalty”) notification letter. While some employers have received “non-filing” letters from the IRS already, this letter […]

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