Earlier this month the IRS issued draft ACA Forms 1094-C and 1095-C for the 2022 tax year. For the first time in years, there do not seem to be any…
IRS Letter 5699
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The IRS recently released its draft 1094-C and 1095-C instructions for the 2021 tax year. We’ve identified the changes below. It appears that Form 1094-C will remain the same, but…
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4 minute read: If you are not yet filing Affordable Care Act information electronically with the IRS, you may want to reconsider. There are some considerable benefits to doing so,…
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3 minute read: We can expect a blizzard of ACA notices and penalty assessments being sent by the IRS as the tax agency steps up its ACA enforcement activities with…
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Affordable Care ActIRS 226J/226-J
Get Ready! More IRS Letter 226J ACA Penalty Notices Are on the Way [UPDATE]
by Robert Sheenby Robert Sheen3 minute read: IRS staff is expected to start issuing Affordable Care Act penalty notices for the 2017 tax year this month. This comes on the heels of a final…
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ACA ComplianceIRS
The IRS is Issuing Penalties for Not Providing 1095-C Forms by IRS Deadlines [UPDATE]
2 minute read: The IRS has started to issue a new round of ACA penalties that focus on failure to distribute 1095-C forms to employees and to file 1094-C and…
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Affordable Care ActIRS 226J/226-J
IRS Letter 226J for 2016 “In the Mail”
by Robert Sheenby Robert Sheen3 minute read: It’s confirmed. The IRS will begin issuing Letter 226J for the 2016 tax year in the next few weeks. IRS staff has indicated that the penalty notices…
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Affordable Care ActIRS 226J/226-J
IRS Letter 226J Notices for 2015 Tax Year May Be Issued Through 2019
by Robert Sheenby Robert Sheen3 minute read: Employers who have not yet received a 2015 ESRP penalty notice should not breathe a sigh of relief yet. The IRS identified 49,259 employers at risk for…
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ACA ReportingAffordable Care ActIRS 226J/226-J
IRS Letter 5699 Laying the Groundwork for Issuing Letter 226J Notices for 2016 ACA Reporting Year
2 minute read: As the IRS continues to issue Letter 226J penalty notices to organizations determined by the IRS to have failed to comply with the Affordable Care Act (ACA)…
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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.…