The IRS has issued the 2017 Average National Monthly Premium of bronze-level qualified health plans for both individuals and shared responsibility families of five or more. That figure is the…
ACA Reporting
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ACA ReportingIRS
Independent of the Bipartisan Effort to Reform Healthcare, the IRS Continues to Enforce the ACA
by Robert Sheenby Robert SheenIn the wake of Congress being unable to pass ACA repeal and replace legislation, a bipartisan effort seems to be growing around improving the ACA. Indeed, a majority of Americans…
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ACA ReportingIRS
Draft IRS ACA Reporting Forms for 2017 Are Out, Transition Relief for Companies Is Over
by Robert Sheenby Robert SheenThe 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:…
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ACA ReportingAIR
New IRS Memo Sheds Light On AIR Updates for ACA Information Reports
by Robert Sheenby Robert SheenThe 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…
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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…
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ACA ComplianceACA ReportingHealth Care Coverage
Preparing Your 2016 ACA Forms – Better Late Than Never
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…
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ACA ComplianceACA Reporting
The Treasury Inspector General Tax Administration Says Employer Mandate Penalties Are Coming
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…
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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…
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ACA ReportingAffordable Care ActHealth Insurance Exchanges
How to Successfully Appeal an Exchange Notice from the Healthcare Marketplace
– 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…
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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…