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, Scam Targeting University Students and Staff

Scam Targeting University Students and Staff

University students and staff should be aware of IRS impersonation email scam People should be aware of an ongoing IRS-impersonation scam that appears to target educational institutions, including students and staff who have .edu...

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, 1099-NEC to be Reintroduced in 2020

1099-NEC to be Reintroduced in 2020

The IRS announced that it will be bringing back form 1099-NEC to report non-employee compensation separate from the 1099-MISC.  This form 1099-NEC has been retired since 1983. The change would go into effect for...

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, Pressure Seal 101

Pressure Seal 101

You may not be familiar with what pressure seal forms are but, the chances are that you have come into contact with them before.  Most often pressure sealed forms are used to print and...

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, What you need to know about GDPR

What you need to know about GDPR

Chances are likely that you have heard the acronym GDPR in recent news headlines.  But, what exactly is this regulation and how does it impact businesses outside of the European Union? The General Data...

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, Affordable Care Act Penalties: Letter 226J

Affordable Care Act Penalties: Letter 226J

The Affordable Care Act (ACA) filings started in tax year 2015 and the reporting has been ongoing. The applicable large employers (ALE’s) that have been required to file the 1095/1094-C haven’t seen any penalties...

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1098-T REPORTING – BOX 1 REPORTING NOT REQUIRED IN TAX YEAR 2017

When the PATH Act of 2015 was introduced the IRS required that colleges and universities report the amounts received instead of amounts billed for qualified tuition and related expenses. However, the IRS met quite...

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, Does ACA repeal = No more IRS reporting requirements?

Does ACA repeal = No more IRS reporting requirements?

With headlines trending on the repeal of the Affordable Care Act (ACA) a lot of employers are wondering….Will I still have to report employee health coverage to IRS next year?  In short the answer...

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, IRS Extends the Deadline to Furnish Forms 1095-C & 1095-B

IRS Extends the Deadline to Furnish Forms 1095-C & 1095-B

Today on November 18, 2016 the IRS sent out Notice 2016-70 announcing the extension for furnishing information returns 1095-C and 1095-B to recipients.  This will be the second year for mandated ACA reporting and...

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, President Trump and the Fate of the ACA

President Trump and the Fate of the ACA

Tuesday night’s election outcome defied pollster predictions and Trump’s entrance to the White House raises some questions about the future of the Affordable Care Act (ACA). During Trump’s presidential campaign he continually promised to...

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, Affordable Care Act Premiums Expected to Increase in 2017

Affordable Care Act Premiums Expected to Increase in 2017

The ACA has become a hot topic during the presidential debate and both candidates admit, on varying levels, that there needs to be some changes made. Donald Trump would like to replace the law...

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