Draft IRS ACA Reporting Forms for 2017 Are Out, Transition Relief for Companies Is Over

Draft IRS ACA Reporting Forms for 2017 Are Out, Transition Relief for Companies Is Over

Aug 7 The IRS has released drafts of forms 1094-C and 1095-C for use in reporting ACA-mandated information for the 2017 tax year. You can view the draft forms at these links: Read More
New IRS Memo Sheds Light On AIR Updates for ACA Information Reports

New IRS Memo Sheds Light On AIR Updates for ACA Information Reports

Jul 24 The upcoming reporting year deadlines for Affordable Care Act information returns for the 2017 tax year are:  January 31, 2018: deadline to furnish 1095-C schedules  February 28, 2018: deadline to Read More
ACA Filing Deadlines Still Loom Amid Reform Debate

ACA Filing Deadlines Still Loom Amid Reform Debate

Jul 19 Originally published on July 18, 2017 in “Compliance Week”  As healthcare reform sputters along in Congress, companies still face filing deadlines under the Affordable Care Act, and the Internal Revenue Service Read More
Preparing Your 2016 ACA Forms – Better Late Than Never

Preparing Your 2016 ACA Forms – Better Late Than Never

May 4 Now that the dust has settled that the Patient Protection and Affordable Care Act (ACA) is here to stay and the 2016 ACA reporting deadline is just behind us, employers Read More
Thought That ACA Reporting for 2015 Was a Free Pass? Think Again.

Thought That ACA Reporting for 2015 Was a Free Pass? Think Again.

Apr 13 With now two reporting years (2015 and 2016) behind us since the implementation of the Employer Mandate under the Affordable Care Act (ACA), the IRS has yet to impose any Read More
How to Successfully Appeal an Exchange Notice from the Healthcare Marketplace

How to Successfully Appeal an Exchange Notice from the Healthcare Marketplace

Apr 10 – Op-Ed published on April 7, 2017 on ‘Accounting Today’ – Some companies across the country may have experienced receiving exchange notices from the health insurance marketplace informing them they Read More
The Treasury Inspector General Tax Administration Says Employer Mandate Penalties Are Coming

The Treasury Inspector General Tax Administration Says Employer Mandate Penalties Are Coming

Apr 17 With now two reporting years (2015 and 2016) behind us since the implementation of the Employer Mandate under the Affordable Care Act (ACA), the IRS has yet to impose any Read More
Penalties Increased for Filing Errors

Penalties Increased for Filing Errors

Jul 7 Penalties in sections of the Internal Revenue Code relating to the failure to timely file correct and complete information in a return as well as the failure to timely distribute Read More