The Internal Revenue Service (IRS) began sending ACA penalty letters (Letter 226J) in late 2017 to Applicable Large Employers (ALE), generally employers with 50 or more full-time or full-time equivalent employees. These letters cover the 2015 calendar year. The IRS...
The IRS has set the standard mileage rates for taxpayers to use in computing the deductible costs of operating an automobile for business, charitable, medical, or moving expense purposes for 2018. The notice also provides the amount taxpayers must use in calculating...
Insurers, self-insuring employers, other coverage providers, and applicable large employers now have until March 2, 2018, to provide Forms 1095-B or 1095-C to individuals. This is a 30 day extension from the original due date of Jan. 31. Penalty relief for good-faith...
