If you’ve received IRS Letter 226j—an Employer Shared Responsibility Payment (ESRP) notice—you might be in a panic. Reading the words “noncompliance with Affordable Care Act (ACA)” and seeing a large dollar figure is sure to sound alarm bells ringing in your head!
Why do I owe? What’s the penalty? How can I fix this?
Don’t panic! Chances are, it’s a problem an ACA expert will be able to help resolve. If you want immediate answers regarding your situation, contact us by completing the contact form, or by emailing Julie Kniseley directly to discuss your situation. You can also reach us by calling 888-387-6851.
Here’s what you need to know and what you can do to put your ACA penalty into better perspective.