IRS continues to lay the groundwork for 2016 ACA reporting penalties
By now, many employers have received penalty assessments (Letter 226J) for noncompliance with the employer mandate in the tax year 2015. These penalty letters where not issues until Nov 1st of 2017. However, U.S. Treasury Inspector General for Tax Administration (TIGTA) reports from this year show that the IRS is gearing up to begin issuing penalty letters for the 2016 [...]
New Partnerships: SelfInsuredReporting.com
We are pleased to announce a strategic partnership with Self Insured Reporting to the benefit of our clients. SelfInsuredReporting.com is a financial reporting and claim analytics system specifically designed for self insured employers. Their platform helps you quickly answer questions such as: How is our plan performing versus our budget for the year? How about our stop loss contract? What [...]
Missed 2015 ACA Reporting?
If you are in this position and need help, contact our support team. We can help. Recently some employers have began to receive IRS notices for not filing their 2015 ACA Forms (1094-B, 1095-B, 1094-C & 1095-C). Recently the Internal Revenue Service (IRS) has begun to mail out Notice letters to large employers all over the country who have not [...]