July 25, 2018
A Bill, H.R. 4616, was recently introduced in Congress and is currently awaiting vote. The Bill proposes amendments to the Patient Protection and Affordable Care Act (ACA), which would delay the implementation of employer mandate penalties until 2019. While this would not impact future ACA compliance or business decisions, it would provide temporary relief for employers facing current ACA non-compliance tax penalties and excise taxes.
If you have any questions on H.R. 4616 or any other ACA topic, please contact your First Advantage account manager. First Advantage has been offering ACA compliance and reporting services since the inception of ACA and we will continue to keep clients informed of any ACA changes and new legislation.