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Watch Now - Avoiding Common ACA Pitfalls That Lead to IRS Penalties
Natalie Frantz • November 14, 2024
Join us for an insightful webinar hosted by Kristy Cleveland, ACA Client Success Manager, where we'll cover the most common ACA compliance mistakes that can trigger IRS penalties—and how to fix them before it's too late!
Topics will include:
- Top ACA Reporting Errors
- Discover common mistakes organizations make with forms like the 1095-C that lead to costly penalties.
- Navigating IRS Penalty Triggers
- Learn about the "A" and "B" penalties, how they’re assessed, and strategies to avoid them.
- Correcting Reporting Issues
- Understand the corrective steps your organization can take if errors have already been made.
- Compliance Best Practices
- Get expert insights on maintaining ACA compliance year-round to prevent future issues.
- Conclusion - Live Q & A
- Our session will conclude with a Q & A segment, allowing you to ask our experts any questions you may have.
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As part of the Tax Cuts and Jobs Act (TCJA), the Affordable Care Act’s (ACA) individual mandate penalty was repealed effective January 1, 2019; however, the TCJA did not repeal the employer mandate nor its reporting requirements.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.
Join us for an insightful webinar hosted by Kristy Cleveland, ACA Client Success Manager, where we'll cover the most common ACA compliance mistakes that can trigger IRS penalties—and how to fix them before it's too late!
Topics will include:
- Top ACA Reporting Errors
- Discover common mistakes organizations make with forms like the 1095-C that lead to costly penalties.
- Navigating IRS Penalty Triggers
- Learn about the "A" and "B" penalties, how they’re assessed, and strategies to avoid them.
- Correcting Reporting Issues
- Understand the corrective steps your organization can take if errors have already been made.
- Compliance Best Practices
- Get expert insights on maintaining ACA compliance year-round to prevent future issues.
- Conclusion - Live Q & A
- Our session will conclude with a Q & A segment, allowing you to ask our experts any questions you may have.
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