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Time to Address 2023 ACA Reporting
Robyn Carlini • August 22, 2023
This webinar provides expert insights into the latest IRS regulation changes for e-filing, essential data requirements for completing 2023 ACA reporting, affordability safe harbors, and best practices to avoid penalty risks.
Key Topics to be Covered:
*IRS Regulation Changes for E-Filing:
Stay updated on the latest changes in IRS regulations and understand the implications for electronic filing to ensure compliance with ACA reporting requirements.
*Essential Data for 2023 Reporting: Learn about the data you need to collect and organize to efficiently complete your ACA reporting for the year 2023.
*Affordability Safe Harbors: Gain a comprehensive understanding of the affordability safe harbors available and how they can impact your ACA reporting.
*Avoiding Penalty Risks: Get practical tips and strategies to avoid common pitfalls that could lead to penalties during the ACA reporting process.
Have Questions or Need More Information?
As part of the Tax Cuts and Jobs Act (TCJA), the Affordable Care Act’s (ACA) individual mandate penalty was repealed effective January 1, 2019; however, the TCJA did not repeal the employer mandate nor its reporting requirements. Employers should be prepared to respond to IRS Employer Shared Responsibility Provision (ESRP) penalty letters and continue to prepare for 2024 reporting, which will occur in the first quarter of 2025.
Join SyncStream Solutions at 2025 IPPA Spring Summit, March 11-13, 2025, at Paris Las Vegas, in Las Vegas, NV. It's a must-attend event for all payroll company owners, sales and marketing and operations/tax compliance leads. It is a valuable networking event!
There is some potential legislation pending presidential approval that could affect the Affordable Care Act (ACA) employer reporting requirements. It’s unclear if these bills will become law, but as we are amid filing season, wanted to share a summary of what we know.
This webinar provides expert insights into the latest IRS regulation changes for e-filing, essential data requirements for completing 2023 ACA reporting, affordability safe harbors, and best practices to avoid penalty risks.
Key Topics to be Covered:
*IRS Regulation Changes for E-Filing:
Stay updated on the latest changes in IRS regulations and understand the implications for electronic filing to ensure compliance with ACA reporting requirements.
*Essential Data for 2023 Reporting: Learn about the data you need to collect and organize to efficiently complete your ACA reporting for the year 2023.
*Affordability Safe Harbors: Gain a comprehensive understanding of the affordability safe harbors available and how they can impact your ACA reporting.
*Avoiding Penalty Risks: Get practical tips and strategies to avoid common pitfalls that could lead to penalties during the ACA reporting process.
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