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IRS Begins Issuing Letter 5699 for 2024 Tax Year: What Employers Need to Know Now

The IRS has started sending Letter 5699 notices to employers for the 2024 tax year...

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    Healthcare Enrollment 2021: Shoring Up The Affordable Care Act

    On Thursday, January 28, 2021, an executive order was signed directing the federal government to open a specific...

    How Can You Get A Government Construction Contract?

    Local and state governments spend over $250 billion to build roads, schools, and other public infrastructure every...

    How Can The Raise The Wage Act Of 2021 Affect ACA Compliance?

    The Congressional Budget Office (CBO) published a report last month outlining the budgetary effects on employment in...

    Construction Businesses: Protect Themselves from Economic Swings

    Traditional contractors are having a difficult time standing out in a competitive construction market because of:

    In 2021 Tax Year, California Individual Mandate Penalties To Be Issued

    California Individual Mandate came into effect in January 2020 and requires citizens and dependents to obtain health...

    Differences of State and Federal Davis-Bacon Act Prevailing Wage Laws

    If you are bidding on a contract or already working for a government entity, there are specific requirements to ensure...

    IRS Letter 5005-A: What is it and What is the ACA Penalty?

    Starting in the 2017 tax year, the IRS began issuing Letter 5005-A, Information Return Penalty Notice Forms 1094-C or...

    The New 1095-C Codes for 2020 Explained

    The IRS requires Applicable Large Employers to report their employee’s health coverage information on Form 1095-C....

    ACA Penalties a Continued Focus for IRS

    The internal revenue service IRS announced to update their services on December 1, 2020. They declared to process...

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