How to Prepare for an ACA Audit: A Step-by-Step Guide
The IRS has increased its scrutiny of Affordable Care Act (ACA) compliance, issuing penalty notices to employers that fail to meet reporting requirements. With penalties for non-compliance reaching thousands — or even millions — of dollars, organizations must be prepared for an ACA… Read More
IRS Now Issuing Letter 5699 for 2022 Tax Year
It was only in January that the IRS began issuing penalty notices for the 2021 tax year. Now, a mere four months later, the tax agency has already started assessing penalty notices for 2022, namely Letter 5699. We have previously communicated that the IRS is becoming more efficient… Read More