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

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

June 6, 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
Update to IRS 226J Infographic Now Includes IRS Letter 227

Update to IRS 226J Infographic Now Includes IRS Letter 227

May 2, 2018 1 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
Having Responded to IRS Letter 226J to Prove ACA Compliance, Now Meet IRS Letter 227

Having Responded to IRS Letter 226J to Prove ACA Compliance, Now Meet IRS Letter 227

March 14, 2018 Your organization has received a Letter 226J tax notice because the IRS says it did not comply with the Affordable Care Act (ACA) on the basis of its ACA information Read More
It’s Crunch Time! IRS Deadlines for ACA Informational Filings Start Today

It’s Crunch Time! IRS Deadlines for ACA Informational Filings Start Today

February 28, 2018 It can sneak up on employers quickly. Today is the IRS deadline for employers to provide paper filings of forms 1094-C and 1095-C as part of the required ACA information Read More
Employees Obtaining Premium Tax Credits Can Trigger IRS Letter 226J for Employers

Employees Obtaining Premium Tax Credits Can Trigger IRS Letter 226J for Employers

February 6, 2018 Individual taxpayers who obtain Premium Tax Credits from the federal government to subsidize health insurance plans purchased on government healthcare exchanges under the Affordable Care Act (ACA) will be filing Read More
Online ACA Resource Center Offers Free Information to Aid 2017 IRS Filings

Online ACA Resource Center Offers Free Information to Aid 2017 IRS Filings

January 29, 2018 Through The ACA Times, we regularly provide information that we hope has helped make it easier for organizations to deal with the complexities of the Affordable Care Act (ACA). We Read More
INFOGRAPHIC: How to Respond to IRS Letter 226J

INFOGRAPHIC: How to Respond to IRS Letter 226J

January 25, 2018 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 of IRS Letter Read More
Two Errors That Are Triggering ACA Employer Shared Responsibility Payments from the IRS

Two Errors That Are Triggering ACA Employer Shared Responsibility Payments from the IRS

January 24, 2018 Some trends are emerging on what is triggering the IRS to issue Letter 226J notices to organizations. Since November, the IRS has been sending notices to organizations that failed to Read More
Despite Tax Reform, Expect IRS to Enforce the ACA’s Individual and Employer Mandates

Despite Tax Reform, Expect IRS to Enforce the ACA’s Individual and Employer Mandates

January 3, 2018 The approval of tax reform legislation by Congress may ultimately have an impact on the Affordable Care Act (ACA) in 2019. That’s when the legislation essentially repeals the individual mandate Read More
IRS Letter 226J Infographic Details Response Process [Updated]

IRS Letter 226J Infographic Details Response Process [Updated]

December 11, 2017 Updated from original blog post on December 4, 2017. As more organizations start to prepare for the possibility of receiving a holiday greeting from the IRS in the form of Read More
IRS Provides Information on Responding to Letter 226J

IRS Provides Information on Responding to Letter 226J

December 5, 2017 The IRS has posted information on its website regarding Letter 226J, the initial letter issued to Applicable Large Employers (ALEs) – those organizations with 50 or more full-time or full-time Read More
More Suggestions on Responding to IRS Letter 226J

More Suggestions on Responding to IRS Letter 226J

November 28, 2017 The IRS has released the first round of letters to Applicable Large Employers (ALEs), companies with 50 or more full-time or full-time equivalent employees, it believes were are subject to Read More
The IRS is Sending Million Dollar ACA Penalty Notices to Employers

The IRS is Sending Million Dollar ACA Penalty Notices to Employers

November 15, 2017 The letter no one wants is now in the mail! (click the image for the full letter) Applicable Large Employers (ALEs), employers with 50 or more full-time or full-time equivalent Read More
The IRS Will Start Issuing ACA Penalty Notices in 2017

The IRS Will Start Issuing ACA Penalty Notices in 2017

November 6, 2017 As we reported earlier this year, indications from the IRS pointed to the agency sending enforcement notices by December 2017 to businesses with 50 or more employees – referred to Read More