Accountants may see some of their business clients getting caught up this summer in IRS activities to enforce the Affordable Care Act.
The IRS has started issuing Letter 226J penalty notices for the 2017 tax year, along with other penalty assessments related to ACA enforcement.
Agency staff are spending more time reviewing potential ACA violations, and putting the onus on employers to prove they have complied with the law.
With the IRS becoming more aggressive in its enforcement activities and with ACA penalties potentially in the millions of dollars.