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Posts Tagged ‘ACA penalty’

2019 ACA Compliance Updates

The 2019 ACA compliance reporting season is in full swing and staying up-to-date with changes is critical to the success of employers. The following is a summary of changes that are pertinent to the 2019 tax year. The primary take-away from this information – employers are still required to comply with the ACA and not […]

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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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