United Benefit Advisors Insight and Analysis Blog

Understanding Clients’ IRS Play-or-Pay Penalty Assessment Letter

Posted by: Danielle Capilla    Apr 26, 2018 4:46:07 PM

Recently, clients may have contacted you with questions about Letter 226-J, which they would have received from the Internal Revenue Service (IRS) during or after the end of 2017. These letters stated that your clients might owe money, either because the IRS didn’t offer health coverage to enough of its full-time employees, or because the health coverage that it did offer wasn’t affordable (or minimum value).

Read More

Topics: health insurance policy, Health Coverage Tax Credit, play or pay requirements, ACA penalties, benefits compliance, tax law, Compliance Advisor