The IRS maintains a very comprehensive Frequently Asked Questions (FAQ) document regarding ACA compliance for employers and until yesterday they had been silent regarding the enforcement of employer mandate penalties. That now has changed, and employers should expect to begin seeing penalty letters in November and December of 2017. These first letters will be for the enforcement of 2015 ACA penalties and will begin their efforts to audit compliance.
So with this update we now know a few things:
Is the IRS going to enforce the ACA employer mandate penalties?
Yes, beginning with the 2015 reporting submitted by employers.
When will they begin enforcing […] Read more