Are Your Clients Ready for the IRS’s ACA Penalty Assessments?

Are Your Clients Ready for the IRS’s ACA Penalty Assessments?

November 27, 2017 Originally published on November 21, 2017 in “Accounting Today”  The IRS has been sending signals since the summer that it will be enforcing the Affordable Care Act’s employer mandate. Those signals 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
How to Respond to IRS Letter 226J About Affordable Care Act Penalties

How to Respond to IRS Letter 226J About Affordable Care Act Penalties

November 13, 2017 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, Read More
The IRS Releases Sample of Letter 226J

The IRS Releases Sample of Letter 226J

November 9, 2017 As we reported this week, the IRS has issued guidance on its plans to issue penalty notices by the end of this year to Applicable Large Employers (ALEs) it believes Read More
Preparing for Affordable Care Act Filings with the IRS? Here’s a Checklist That May Help

Preparing for Affordable Care Act Filings with the IRS? Here’s a Checklist That May Help

November 7, 2017 Now is the time to be assessing where you stand in gathering the necessary information necessary for filing ACA-mandated information with the IRS. Organizations with more than 50 full-time or 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
New IRS Memo Sheds Light On AIR Updates for ACA Information Reports

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

July 24, 2017 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
Featured Press: 3 Issues For Business As The U.S. Senate Tackles Trumpcare

Featured Press: 3 Issues For Business As The U.S. Senate Tackles Trumpcare

May 22, 2017 Op-Ed originally published in The Business Journals. After some false starts, Republicans in the U.S. House of Representatives finally passed the American Health Care Act (AHCA), as amended, the first step Read More