IRS Notice 972CG is issued to employers who have failed to comply with the reporting requirements of the Affordable Care Act (ACA) by either not filing or incorrectly filing Forms 1094-C and 1095-C. This notice informs employers of the penalties incurred due to these failures and outlines the steps … [Read more...]

The IRS CP90 or CP297 notices are critical alerts that inform taxpayers of the IRS's intention to levy assets due to unpaid federal taxes, which may include liabilities such as the Employer Shared Responsibility Payment (ESRP) under the Affordable Care Act (ACA). These notices also outline the … [Read more...]

IRS Letter LT11 or Letter 1058 is a final notice informing taxpayers that the IRS intends to levy their Social Security benefits due to unpaid taxes, which may include liabilities under the Affordable Care Act (ACA). This notice is a critical communication as it represents one of the final steps … [Read more...]

IRS Notice CP504J is a critical alert sent to employers indicating that immediate action is required regarding unpaid penalties under the Affordable Care Act (ACA). This notice signifies that the IRS may soon take enforcement action to collect the outstanding amounts. Understanding CP504J The … [Read more...]

The CP220J Notice is an important notification from the IRS directed at employers regarding the Affordable Care Act (ACA) compliance. This notice details the Employer Shared Responsibility Payment (ESRP) assessments based on information from the employer's previous year filings and the health … [Read more...]