IRS Enforcing 4980H Penalties for 2018 Tax Year

IRS Enforcing 4980H Penalties for 2018 Tax Year

The IRS recently began issuing 226J letters proposing 4980H penalties against Applicable Large Employers (ALEs) for the 2018 tax year. As a reminder, the IRS bases these penalty amounts from two sources – health coverage information reported by ALEs on Forms 1094-C...