Blog Tag: employer mandate
Last month, President Trump signed landmark tax reform legislation. Throughout the legislative process, House and Senate bills contained various changes to employee benefit plans. Many of the proposed changes were removed, and the resulting final version has a somewhat minimal impact to employer-provided benefits.
The Internal Revenue Service (IRS) has finally started to enforce the employer shared responsibility requirement (the “Employer Mandate”) in the Affordable Care Act and is now mailing notices to employers who may owe a penalty for 2015. Because of data quality issues, many employers will be assessed amounts they do not owe.
In a show of solidarity and a renewed spirit of cooperation, the Congressional Republican leadership recently was invited to meet with President Obama at the White House to announce the dawning of a new partnership to move America forward. No more divisiveness on such issues as the debt ceiling, immigration or the Keystone Excel pipeline, and certainly, no more wrangling on the legitimacy of the signature achievement of the Obama administration…..the Affordable Care Act (ACA)!! Yeah!!!! … Or, not so much …