IRS Letter 226J Penalty Notices for 2016 May Contain Higher Penalties
ACA Times
OCTOBER 1, 2018
Starting this fall, employers should expect Letter 226J penalty notices to be issued to organizations determined by the IRS to have failed to comply with the Affordable Care Act (ACA) for the 2016 tax year. However, the rules changed for 2016 and subsequent years. The employee receiving a PTC would trigger an IRS audit of the employer.
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