How to Respond to IRS Letter 226J for the 2016 Tax Year [INFOGRAPHIC]

How to Respond to IRS Letter 226J for the 2016 Tax Year [INFOGRAPHIC]

October 22, 2018 1 minute read:  IRS staff has confirmed that the agency will begin issuing Letter 226J penalty notices for the 2016 tax year in the next few weeks. If you receive Read More
IRS Letter 226J for 2016 “In the Mail”

IRS Letter 226J for 2016 “In the Mail”

October 17, 2018 3 minute read: It’s confirmed. The IRS will begin issuing Letter 226J for the 2016 tax year in the next few weeks. IRS staff has indicated that the penalty notices Read More
What to Measure, Track and Record Under the ACA [UPDATE]

What to Measure, Track and Record Under the ACA [UPDATE]

October 15, 2018 7 minute read: It’s always interesting to look back and see how regulation develops. The Affordable Care Act (ACA) is no exception. I wrote a five-part series about the ACA Read More
ACA Popularity Remains Strong as Midterms Approach

ACA Popularity Remains Strong as Midterms Approach

October 10, 2018 2 minute read:  The midterm elections are less than a month away on November 6. With an estimated 20 million Americans at risk of losing health coverage if the ACA Read More
Why You Should Be Concerned that ACA Exchange Notices are Being Issued

Why You Should Be Concerned that ACA Exchange Notices are Being Issued

October 8, 2018 2 minute read:  The fourth quarter of the 2018 tax year is here, bringing with it record temperatures in many parts of the country. The ACA enforcement process is also Read More
Your ACA Employer Mandate Questions Answered

Your ACA Employer Mandate Questions Answered

October 3, 2018 2 minute read: As subject matter experts with ACA compliance, reporting, and related topics, we often times are asked questions about the law by our readers, which include insurance brokers, Read More
IRS Letter 226J Penalty Notices for 2016 May Contain Higher Penalties

IRS Letter 226J Penalty Notices for 2016 May Contain Higher Penalties

October 1, 2018 5 minute read:  Starting this fall, employers should expect Letter 226J penalty notices to be issued to organizations determined by the IRS to have failed to comply with the Affordable Read More
Expect the IRS to Start Issuing ACA Penalties for 2016 Tax Year in November

Expect the IRS to Start Issuing ACA Penalties for 2016 Tax Year in November

September 26, 2018 3 minute read:  As November approaches, two things seem certain. There will be national midterm elections and the IRS will begin issuing Letter 226J penalty notices to employers identified as Read More
An ACA Penalty Risk Assessment May Help Employers Avoid IRS Penalties

An ACA Penalty Risk Assessment May Help Employers Avoid IRS Penalties

September 24, 2018 3 minute read: The Affordable Care Act (ACA) is complex and complying with the law’s Employer Mandate can be challenging for organizations. Under the ACA’s Employer Mandate, Applicable Large Employers Read More
IRS Letter 226J Notices for 2015 Tax Year May Be Issued Through 2019

IRS Letter 226J Notices for 2015 Tax Year May Be Issued Through 2019

September 19, 2018 3 minute read:  Employers who have not yet received a 2015 ESRP penalty notice should not breathe a sigh of relief yet. The IRS identified 49,259 employers at risk for Read More
IRS Penalties Increase in 2018 for ACA Non-Compliance

IRS Penalties Increase in 2018 for ACA Non-Compliance

September 17, 2018 2 minute read:  The IRS has increased the penalties for employers that do not comply with the ACA for the 2018 tax year. Here’s a rundown of the changes: 4980H Read More
Take Note of these IRS Dates for Filing ACA Information for the 2018 Tax Year

Take Note of these IRS Dates for Filing ACA Information for the 2018 Tax Year

September 12, 2018 2 minute read: It’s September. For many of our friends and neighbors, it’s a time to reflect on our summer as we transition into cooler fall weather. For those of Read More
Is Your Organization an ALE? (UPDATE)

Is Your Organization an ALE? (UPDATE)

September 10, 2018 4 minute read: It’s always interesting to look back and see how regulation develops. The Affordable Care Act (ACA) is no exception. I wrote a five-part series about the ACA Read More
Exchange Notices Can Lead to IRS Letter 226J ACA Penalties

Exchange Notices Can Lead to IRS Letter 226J ACA Penalties

September 5, 2018 3 minute read: It’s no secret the IRS has been actively enforcing the Affordable Care Act’s Employer Mandate. To date, the IRS has identified a total of 49,259 employers that Read More
Insurers Plan ACA Expansion for 2019

Insurers Plan ACA Expansion for 2019

August 29, 2018 2 minute read: There has been a lot of talk about the future of the Affordable Care Act (ACA). With the midterm elections coming soon, Americans have stated that healthcare Read More
The Affordable Care Act, and Why You Can’t Afford to Ignore It [UPDATE]

The Affordable Care Act, and Why You Can’t Afford to Ignore It [UPDATE]

August 27, 2018 5 minute read: It’s always interesting to look back and see how the contours of a law changes in time. The Affordable Care Act (ACA) is no exception. I wrote Read More
IRS Letter 5699 Laying the Groundwork for Issuing Letter 226J Notices for 2016 ACA Reporting Year

IRS Letter 5699 Laying the Groundwork for Issuing Letter 226J Notices for 2016 ACA Reporting Year

August 22, 2018 2 minute read: As the IRS continues to issue Letter 226J penalty notices to organizations determined by the IRS to have failed to comply with the Affordable Care Act (ACA) Read More
Midterm Elections Won’t Affect the Employer Mandate

Midterm Elections Won’t Affect the Employer Mandate

August 20, 2018 2 minute read: Since President Trump took office, a top priority has been to repeal and replace the Affordable Care Act (ACA) and his administration continues its attempts to undermine Read More
Update to IRS 226J Infographic Now Includes IRS Letter 227 [UPDATED]

Update to IRS 226J Infographic Now Includes IRS Letter 227 [UPDATED]

August 15, 2018 2 minute read: The Affordable Care Act (ACA) is complex. The ACA Penalty Process now being initiated by the IRS is no exception. With 30 days to respond upon receipt Read More
More States Move Forward with Reinsurance Programs

More States Move Forward with Reinsurance Programs

August 13, 2018 3 minute read:  The Trump administration has made repealing and replacing the Affordable Care Act a top priority. What’s interesting, however, is that as the White House continues to undermine Read More
That IRS Letter 226J Could Propose Millions of Dollars in ACA Penalties

That IRS Letter 226J Could Propose Millions of Dollars in ACA Penalties

August 8, 2018 2 minute read:  Why should your organization care about IRS Letter 226J? Well, it could propose millions of dollars in ACA penalties against your organization. The Letter 226J notices are Read More
IRS to Continue Issuing ACA Penalties

IRS to Continue Issuing ACA Penalties

August 6, 2018 Originally published on July 26, 2018, in Accounting Today. 3 minute read: The Internal Revenue Service now has the data to begin the analysis to calculate the potential penalties for Read More
Report Projects Stability for Employers with 2019 Healthcare Costs

Report Projects Stability for Employers with 2019 Healthcare Costs

August 1, 2018 2 minute read: While the handwringing continues over anticipated healthcare premium increases for individuals who purchase insurance from Healthcare.gov and state healthcare exchanges in 2019, healthcare costs for employers under Read More
The IRS Storm of Letter 226J ACA Penalty Notices Continues

The IRS Storm of Letter 226J ACA Penalty Notices Continues

July 30, 2018 2 minute read:  Another wave of Letter 226J penalty notices have been issued by the IRS, and all indications that this storm of tax notices will continue for the foreseeable Read More
ACA Funding Freeze Won’t Impact the ACA’s Employer Mandate

ACA Funding Freeze Won’t Impact the ACA’s Employer Mandate

July 25, 2018 2 minute read: The Trump administration has said it would temporarily freeze funding for the “risk adjustment” program under the Affordable Care Act (ACA) because of conflicting court rulings, but Read More
The ACA’s Annual PCORI Fees Due to IRS at the End of July

The ACA’s Annual PCORI Fees Due to IRS at the End of July

July 23, 2018 2 minute read: The annual PCORI fees are due at the end of the month from health insurers and plan sponsors offering self-funded health insurance plans. On July 31, these Read More
IRS Limited Non-Assessment Periods May Help Avoid ACA Penalties

IRS Limited Non-Assessment Periods May Help Avoid ACA Penalties

July 18, 2018 3 minute read: The employer shared responsibility provisions (ESRP) under the Affordable Care Act (ACA) may seem straightforward, but, in reality, complying with them can be quite complex and time Read More
Association Health Plans Don’t Help Larger Employers with ACA Compliance

Association Health Plans Don’t Help Larger Employers with ACA Compliance

July 16, 2018 3 minute read: The Affordable Care Act’s employer mandate has been in effect for the past three years and IRS enforcement of the healthcare law has begun. At the same Read More
More Americans Paying for ACA Health Plans

More Americans Paying for ACA Health Plans

July 11, 2018 2 minute read: It’s no secret that replacing the law is a top priority for President Trump and a majority of Republicans in Congress. Recent data from the Centers for Read More
IRS Enforcement of ACA Penalties Is No Surprise

IRS Enforcement of ACA Penalties Is No Surprise

July 9, 2018 4 minute read: The Affordable Care Act (ACA) was first enacted in 2010 under the Obama administration. A component of the ACA, the Employer Shared Responsibility Provision (ESRP), also referred Read More
Despite Presidential Rhetoric, ACA Employer Mandate Still Here

Despite Presidential Rhetoric, ACA Employer Mandate Still Here

July 5, 2018 2 minute read: The Trump Administration has been vocal about what it believes are its successful efforts to repeal and replace the Affordable Care Act (ACA). At a recent campaign Read More
ACA Compliance Is a Summer To Do Item

ACA Compliance Is a Summer To Do Item

July 2, 2018 3 minute read: Ah, summertime and the living is easy. Before you pack your bags and head to the beach for vacation, make sure your ACA process is in tip-top Read More
Medicaid Expansion Supports ACA Popularity

Medicaid Expansion Supports ACA Popularity

June 27, 2018 2 minute read: It’s not a mystery that the Affordable Care Act (ACA) is complex. Since its passage in 2010, the landscape of the healthcare industry and marketplace has changed Read More
These Errors Greatly Determine Your Penalty Assessment in IRS Letter 226J

These Errors Greatly Determine Your Penalty Assessment in IRS Letter 226J

June 25, 2018 3 minute read: The issuance of Letter 226J for IRS information filings submitted for the 2015 tax year has caught many organizations off guard. More than 30,000 notices have been Read More
Latest TIGTA Report: ACA Penalties to Continue

Latest TIGTA Report: ACA Penalties to Continue

June 20, 2018 4 minute read: The report from the Treasury Inspector General for Tax Administration always has some interesting information. The recently issued report on the Affordable Care Act (ACA) from March Read More
Proposed Farm Bill Another Attempt to Undermine ACA

Proposed Farm Bill Another Attempt to Undermine ACA

June 18, 2018 3 minute read: It’s well known that the Trump administration is doing all it can to undermine the Affordable Care Act. The recent decision by the federal Justice Department to Read More
Feds Confirm Their Own ACA Emergency Care Cost Guidelines

Feds Confirm Their Own ACA Emergency Care Cost Guidelines

June 13, 2018 4 minute read: It comes as no surprise that many organizations have had difficulty keeping up with the Affordable Care Act (ACA). Whether complying with the regulations under the employer Read More
The IRS Wants More Employers to Use Electronic Filing

The IRS Wants More Employers to Use Electronic Filing

June 11, 2018 2 minute read: The IRS is proposing regulations that would expand mandatory electronic filings for most employers by aggregating the number of total information returns they submit to the federal Read More
ACA Backlash: Two States Create Their Own Individual Mandates

ACA Backlash: Two States Create Their Own Individual Mandates

June 4, 2018 3 minute read: The Trump Administration effectively repealed the Affordable Care Act’s individual mandate when it made the penalties for an individual not obtaining healthcare $0 beginning 2019. What seemed Read More
How to Handle ACA Filing Corrections with the IRS

How to Handle ACA Filing Corrections with the IRS

May 30, 2018 3 minute read: If you found yourself in a situation where you received receipt of your ACA information returns for 2017 with a status of “Accepted with Errors,” you’re not Read More