Reminder: 2018 'Pay or Play' Affordability Percentage is 9.56%

Reminder: 2018 'Pay or Play' Affordability Percentage is 9.56%

Percentage Down from 2017 Under the employer shared responsibility (“pay or play”) provisions of the Affordable Care Act, applicable large employers—generally those who had 50 or more full-time employees (including full-time equivalent employees) in 2017—may be subject to a penalty if they do not offer affordable coverage that provides…

Get Ready to Respond to IRS Letter 226J: Employer Shared Responsibility Payment Assessments

Get Ready to Respond to IRS Letter 226J: Employer Shared Responsibility Payment Assessments

  In a recent update to the IRS’ Questions and Answers on Employer Shared Responsibility Provisions under the Affordable Care Act, the IRS has advised that it plans to issue Letter 226J informing applicable large employers (ALEs) of their potential liability for an employer shared responsibility payment…