3 minute read: If you found yourself in a situation where you received receipt of your ACA information returns for 2020 with a status of “Accepted with Errors,” you’re not…
Employer Shared Responsibility Payment
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ACA ComplianceAffordable Care ActIRS 226J/226-J
How to Respond to IRS Letter 226J for the 2016 Tax Year [INFOGRAPHIC]
by Robert Sheenby Robert Sheen1 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…
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ACA ReportingIRS
Expect IRS to Enforce the ACA’S Individual and Employer Mandates [UPDATE]
by Robert Sheenby Robert SheenThe 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…
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Affordable Care ActIRS 226J/226-J
IRS Letter 226J Infographic Details Response Process [Updated]
by Robert Sheenby Robert SheenUpdated 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…
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ACA ComplianceAffordable Care ActIRS 226J/226-J
The IRS is Sending Million Dollar ACA Penalty Notices to Employers
by Robert Sheenby Robert SheenThe 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…
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It’s the letter no one wants to receive. However, its coming and you need to be prepared just in case your company or client receives it. It is Letter 226J,…
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ACA ComplianceIRS
IRS Still Moving Forward with ACA Compliance Enforcement for Employers
by Robert Sheenby Robert SheenThe IRS recently issued Notice 2017-38, which revealed the results of the Treasury Department’s review of all “significant tax regulations” per President Trump’s Executive Order 13789 issued in April 2017.…
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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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Affordable Care ActHealth Care CoveragePenalties
The 5W’s Of Employer Notices: Don’t Be Penalized
by Robert Sheenby Robert SheenIt’s notice season! As an employer, you may have received a letter regarding the health care coverage of one or more of your employees. Could this notice lead to penalties…