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IRS Concludes No Statute of Limitations for ACA Penalties

The Internal Revenue Service (IRS) recently released a memo eliminating the statute of limitations for penalties imposed by an employer’s failure to offer medical coverage to full-time employees under the Affordable Care Act (ACA). This announcement gives the IRS the flexibility to assess these penalties for an undisclosed number of years. The employer mandate under [...]

March 3, 2020|