News & Analysis as of

Pay or Play Tax Penalties Form 720

Cranfill Sumner LLP

What the Obamacare Delay Means Right Now

Cranfill Sumner LLP on

On July 2, 2013, the Department of the Treasury and the White House announced via social media that the employer reporting requirements and employer shared responsibility/play-or-pay penalty are being delayed until 2015. ...more

Davis Wright Tremaine LLP

Play or Pay Rules—Compliance Delayed Until 2015

On July 2, 2013, the Obama administration announced through the U.S. Department of the Treasury that the penalties for employers under the “Play or Pay Rules” will not go into effect until 2015....more

Morgan Lewis

Affordable Care Act Shared Responsibility Penalty Delayed Until 2015

Morgan Lewis on

Employers welcome a one-year delay in the Shared Responsibility excise tax. On July 2, the U.S. Department of the Treasury (Treasury) made a surprise announcement—in an unusual place—that implementation of the employer...more

McNees Wallace & Nurick LLC

PPACA Update: Employer Shared Responsibility Mandate Delayed Until 2015

Many employers received a welcome, though temporary, reprieve Tuesday, when the U.S. Department of the Treasury (“Department”) announced a one-year delay in the effective date of one of the key requirements of the Patient...more

Snell & Wilmer

Treasury Announces Large Employer Play or Pay Penalties Will Be Delayed For One Year

Snell & Wilmer on

On July 2, 2013, the Treasury Department informally announced that large employers will have an additional year to comply with the employer shared responsibility penalty provisions in Section 4980H of the Internal Revenue...more

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