IRS Now Issuing Letter 5699 For 2020 Tax Year

Now that we’ve cleared the 2022 halfway mark, it appears the IRS is on track to hit its goal of clearing the historic backlog by the end of the year. The agency has begun auditing ACA filings for the 2020 tax year and is now issuing the non-filing… Read More

The IRS is Issuing ACA Penalty Letter 5005-A For The 2017 Tax Year

The IRS has begun issuing Letter 5005-A, Information Return Penalty Notice (Form 1094-C or 1095-C) (“Letter 5005-A”), for the 2017 tax year, demonstrating their efficiency at identifying ACA non-compliance and intensifying enforcement efforts. Letter 5005-A is issued… Read More