As part of the Tax Cuts and Jobs Act (TCJA), the Affordable Care Act’s (ACA) individual mandate penalty was repealed effective January 1, 2019; however, the TCJA did not repeal the employer mandate nor its reporting requirements. Employers should be prepared to respond to IRS Employer Shared Responsibility Provision (ESRP) penalty letters and continue to prepare for 2024 reporting, which will occur in the first quarter of 2025.
Stacy Barrow, J.D.
SyncStream Solutions Chief Compliance Counsel | ACA Compliance
Stacy is one of the nation’s leading experts on the Affordable Care Act. Stacy has extensive technical knowledge and experience designing and implementing health and welfare plans that meet the numerous and intricate requirements of applicable federal and state law. Stacy is ranked as “Up and Coming” in the Employee Benefits and Executive Compensation space by the premier lawyer ranking service Chambers®.
Learn More about Stacy Barrow, J.D.
As part of the Tax Cuts and Jobs Act (TCJA), the Affordable Care Act’s (ACA) individual mandate penalty was repealed effective January 1, 2019; however, the TCJA did not repeal the employer mandate nor its reporting requirements. Employers should be prepared to respond to IRS Employer Shared Responsibility Provision (ESRP) penalty letters and continue to prepare for 2024 reporting, which will occur in the first quarter of 2025.
Stacy Barrow, J.D.
SyncStream Solutions Chief Compliance Counsel | ACA Compliance
Stacy is one of the nation’s leading experts on the Affordable Care Act. Stacy has extensive technical knowledge and experience designing and implementing health and welfare plans that meet the numerous and intricate requirements of applicable federal and state law. Stacy is ranked as “Up and Coming” in the Employee Benefits and Executive Compensation space by the premier lawyer ranking service Chambers®.
Learn More about Stacy Barrow, J.D.
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