The Internal Revenue Service (IRS) Office of Chief Counsel has
recently issued several information letters regarding the
Affordable Care Act’s (ACA) individual and employer mandate
penalties. These letters clarify that:

• Employer shared responsibility penalties continue to
  apply for applicable large employers (ALEs) that fail to
  offer acceptable health coverage to their full-time
  employees (and dependents); and
• Individual mandate penalties continue to apply for
  individuals that do not obtain acceptable health
  coverage (if they do not qualify for an exemption).

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