Category: Penalty Assessments

  • IRS Updates Guidance on Play-or-Pay Penalty Assessments | Florida Benefit Advisors

    Posted on December 13th, 2017

    Beginning in 2015, to comply with the Patient Protection and Affordable Care Act (ACA), “large” employers must offer their full-time employees health coverage, or pay one of two employer shared responsibility / play-or-pay penalties. The Internal Revenue Service (IRS) determines the penalty each calendar year after employees have filed their… Read more »

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