Author: Tom Hospod

ACA reporting update

ACA Update: IRS Tweak to Individual Reporting – What It Means

February 16, 2017, 3:06 pm EST in Affordable Care Act, Blog

Employers are still required to file their ACA reporting forms. Beyond a potential extension of “good faith” relief to Tax Year 2017 filings, there will likely not be any IRS changes to employers’ reporting obligations.The IRS has implemented its first regulatory change in response to President Trump’s executive order. The...


IRS Clarifies Safe Harbor Rules for De Minimis Errors

January 12, 2017, 5:00 pm EST in Blog, IRS Regulation Updates, Tax Information Reporting

The Protecting Americans from Tax Hikes Act (PATH Act) enacted in December 2015 creates, extends and permanently implements a number of exemptions and deductions that affect individual and business taxpayers alike. The PATH Act also contains a number of provisions intended to cut down on potential tax fraud. One of...

Tax Transparency at the G20

Tax Transparency at the G20: International Collaboration in Combatting Evasion

October 17, 2016, 10:42 pm EST in AEOI Reporting, Blog, Value-Added Tax

The fight against tax evasion was front-and-center at the 2016 G20 Hangzhou Summit, which brought together twenty global leaders of the nations with the largest economies.In the wake of the “Panama Papers” leak earlier this year, tax transparency was slated to take on a much more significant role than it...