FAQ: What are employer share responsibility assessable payments under the PPACA?
The Patient Protection and Affordable Care Act (PPACA) introduced many new requirements for individuals and employers. One of the new requirements is an employer shared responsibility assessable payment. At this time, there is little guidance for employers other than the language of the PPACA and some requests for comments from government agencies. The IRS, the U.S. Department of Labor (DOL) and the Department of Health and Human Services (HHS) are developing guidance for employers.
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