Event Overview
The Affordable Care Act is a complex, often misunderstood set of rules as it relates to the 1094-C and 1095-C reporting requirements. In this session, we will review the latest developments and discuss how to ensure compliance. We will also dive into recent ACA updates, such as the expiration of good-faith relief as mentioned in IRS Notice 2020-76, review forms and reporting requirements, discuss IRS notices, and provide form examples.
- Analyze recent Affordable Care Act (ACA) updates.
- Discuss IRS updates.
- Identify reporting requirements and deadlines.
- Explore current ACA examples.
- Tonya M. Rule, CPAPartner/Affordable Care Act Practice LeaderTonya helps businesses with the rules surrounding the Affordable Care Act. She assists large employers with the compliance requirements, Forms 1094-C and 1095-C, and she also advises them on very technical rules that many employers and advisors aren't aware of. In addition, she works with small businesses who are planning on expanding their current operations to make sure they are doing everything from measuring their employees correctly to deciding on the best insurance plan for their business. Tonya regularly works with clients on various ACA IRS notices and has been very successful in getting most of these penalties abated.
- Breanna Nagel, EAManagerBreanna is a National Tax Manager working with businesses surrounding the Affordable Care Act and Employee Retention Credit. She plays a crucial role in assisting small and large organizations to accurately follow and report under the complex ACA guidelines, ensuring compliant ERC qualifications and maximizing financial benefits for employers through ERC eligibility.
- Joseph DutsonManagerJoseph is a National Tax Manager who has consulted small, medium-sized, and Fortune 500 companies with complex tax and healthcare compliance matters. He primarily focuses on Affordable Care Act reporting and tax credits, most recently the Employee Retention Credit. He also assists clients with tax penalty abatement and has written articles on tax reporting and credit topics.