The ACA Times


  Show menu
  • Home
  • Articles
  • Get to Know the ACA
  • ACA – Frequently Asked Questions
  • Resources
  • Meet the Editors
  • Trusaic
  • Contact Us
  • Legal
  
  • Home
  • Affordable Care Act
  • INFOGRAPHIC: How to Respond to IRS Letter 226J

Articles

INFOGRAPHIC: How to Respond to IRS Letter 226J

January 25, 2018 Robert Sheen Affordable Care Act, IRS 226J/226-J
INFOGRAPHIC: How to Respond to IRS Letter 226J

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 226J (you may want to request a reasonable extension), the process your organization undertakes to develop your response needs to be focused and efficient.

A new infographic is now available that outlines the process of responding to Letter 226J, which can serve as a guide as you set up your internal process to develop a response. The infographic describes the procedure undertaken by the IRS to determine whether an organization has not complied with the ACA, how penalties are calculated, and how you can mount a defense to eliminate or reduce your proposed ACA penalties.

For those of you who have not yet received a Letter 226J now is not the time to sit back. The process has just started. More Letters 226J will be sent by the IRS in the weeks ahead.

With half the businesses in the U.S. saying they are not confident in their ability to satisfy ACA requirements, and reported penalties in the millions of dollars being assessed by the IRS against the organizations receiving Letter 226J, the stakes are high. Now is the time to get prepared. This infographic can help.

Click here to download a printable version.

Click here to download a printable version.

To learn more about ACA compliance in 2020, click here.


We’re committed to helping companies reduce risk, avoid penalties, and achieve 100% ACA compliance. For questions about the ACA contact us here.

Summary
INFOGRAPHIC: How to Respond to IRS Letter 226J
Article Name
INFOGRAPHIC: How to Respond to IRS Letter 226J
Description
We have created a new infographic that describes the process for responding to IRS Letter 226J.
Author
Robert Sheen
Publisher Name
The ACA Times
Publisher Logo
The ACA Times
Short URL of this page: https://acatimes.com/qdz
Robert Sheen

Robert Sheen

Esq., is Editor-in-Chief of The ACA Times. He also is founder, president and CEO of Trusaic.

Robert Sheen is Founder and President of Trusaic. Robert is a graduate of the University of Southern California, in Business Administration with an emphasis in International Finance. He earned his Juris Doctor from Loyola Law School, Los Angeles, concentrating in Tax Law.

View more by Robert Sheen

Related tags to article

ACA ComplianceACA Penalty ProcessACA ReportingAffordable Care ActIRSIRS 226J/226-JPenalties
Related Articles Three Essential Pay Equity Practices, According to Iceland Three Essential Pay Equity Practices, According to Iceland
Related Articles DFEH Adds New Guidance for SB 973 Reporting Due on March 31 DFEH Adds New Guidance for SB 973 Reporting Due on March 31
Related Articles Georgia Results May Have Impact on Federal Pay Equity Law Georgia Results May Have Impact on Federal Pay Equity Law
Related Articles Administration Predicts Lower ACA Enrollment by Robert Sheen  •  
Related Articles IRS Eases Rules on Hardship Exemptions by Robert Sheen  •  
Related Articles HHS Awards $36 Million To Health Centers by Robert Sheen  •  
Subscribe
Clean data owns future

Achieve Pay Equity

Popular Posts

  • New Individual Mandate Regulations: What You Need to Know
  • Employers, Mark These Key 2021 Dates for 2020 ACA Reporting
  • ACA Improvements to Expect from the Biden Administration
  • Minimize Penalties with ACA Best Practices for the Holiday Season
  • The ACA is Central to American Health and Wellbeing
  • Democrats Gain Senate, Paving the Way for Biden’s ACA Agenda
  • PPP Loans Are Now Available, Both First Draw and Second Draw PPP Loans

Trending Topics

  • Regulations
    (91)
  • Legislation
    (47)
  • Editorials
    (19)
  • ACA Compliance
    (126)
  • Tax Filings
    (19)
  • Applicable Large Employer (ALE)
    (13)
  • Penalties
    (18)
  • IRS
    (82)
  • Health Insurance Marketplace
    (28)
  • Polls/Surveys
    (18)
  • Health Care Reform
    (22)
  • Reporting
    (22)
  • IRS 226J/226-J
    (28)

Categories


Brought to you by Trusaic

 

 

 

Twitter Facebook

Downloads

The ACA 101 Toolkit

The Essential Guide to the ACA

Letter 226J Infographic

5 Common ACA Compliance Mistakes

Triangle of Trust

Articles

IRS Affordability Safe Harbors Help Avoid ACA Penalties

Calculating FT and FTE Employees

The ACA Monthly Measurement Method: A Few Examples

The IRS’s 1095 Forms for ACA Explained

Incorrect ITINs Will Cause Havoc With ACA Compliance

Knowledge Center

Get to know the ACA

Get to know Letter 226J

Webinar: The Recipe for Successful ACA Compliance

Trusaic News

Our Story

© 2021 Copyright Trusaic - All Rights reserved.

Close Window

Loading, Please Wait!

This may take a second or two. Loading, Please Wait!