Employer Shared Responsibility Payment White Paper Now Available

The IRS confirmed that enforcement of employer mandate penalties, referred to as employer shared responsibility payments (ESRPs), will begin in late 2017. This new white paper walks through the background of ESRPs and details of the IRS guidance, including how applicable large employers (ALEs) will be notified of an ESRP, how to respond to or dispute the assessment, and how to remit an owed ESRP to the IRS. Please ask your advisor or account management team for a copy.