Affordable Care Act (ACA)
ACA Reporting Updates for Tax Year 2022
Affordable Care Act (ACA) reporting has started for tax year 2022. ACA reporting can quickly become complicated and costly with IRS penalties if your business
Category: Affordable Care Act (ACA)
Affordable Care Act (ACA)
IRS Grants Permanent Relief for ACA Recipient Forms 1095-B & C
The IRS released Proposed Regulations this week that permanently extends the time for businesses to provide the Recipient copy of Forms 1095-B and 1095-C. Rather
Affordable Care Act (ACA)
Good Faith Unlikely for 2021 ACA Reporting
2021 ACA reporting will most likely be different than prior years. Last fall, the IRS issued Notice 2020-76, which provided Affordable Care Act (ACA) filers
Affordable Care Act (ACA)
US Supreme Court will Hear ACA Challenge: What are the Ramifications for Tax?
On March 2, the Supreme Court announced it would consider a challenge to the Affordable Care Act (ACA), more commonly referred to as Obamacare. The legal
Affordable Care Act (ACA)
The Affordable Care Act is Alive and Kicking
Despite what you may have heard, the Affordable Care Act (ACA) tax reporting requirements are not dead. In fact, enforcement of the Employer Shared Responsibility
Affordable Care Act (ACA)
IRS Notice Is a Reminder that ACA Is Still in Place
The IRS recently published a notice reminding filers that, despite the repeal of the individual mandate of the Affordable Care Act (ACA) in last year’s tax reform
Affordable Care Act (ACA)
IRS Uses Unprecedented Methods to Enforce ACA Reporting Penalties
With recent enforcement measures, the IRS has offered definitive proof that the Affordable Care Act (ACA) is still alive and that the agency plans to
Affordable Care Act (ACA)
ACA, and Reporting Requirements, Remain in Place Despite Judge’s Decision
Affordable Care Act (ACA) reporting requirements for eligible employers remain in effect for Tax Year 2018 despite a ruling last week from a federal judge
1099
7 Developments in 1099 and ACA Reporting to Look for in 2019
Season for Tax Year 2018 has arrived, meaning tax professionals will have to carry out reporting while keeping in mind all the regulatory and policy
1099
7 Regulatory Changes to Be Aware of before Tax Reporting Season Arrives
If there’s one lesson to take from 2018, it’s that tax information reporting isn’t getting any easier. Tightened deadlines, new forms and the end of
Affordable Care Act (ACA)
New Jersey, Vermont Individual Mandates Could Start Trend of State-by-State ACA Reporting
The Tax Cuts and Jobs Act eliminated the Affordable Care Act (ACA) individual mandate effective in 2019. But with states bringing mandates back on their
With Deadlines Approaching, Organizations Eye ACA Penalties
The Affordable Care Act (ACA) is still in place and carries with it compliance requirements and the potential for steep financial penalties. ACA forms are
Affordable Care Act (ACA)
ACA Update: Reporting Requirements Remain in Place
The end of 2017 brought a flurry of activity around the ACA, some of which generated confusion. Despite statements to the contrary, the ACA is
Affordable Care Act (ACA)
Combined Tax Reform Bill Still Maintains ACA Reporting Requirements
As expected, the combined tax bill that recently passed both the House and Senate does not eliminate the employer mandate to provide health insurance, nor