IRS Assessing Employer Penalties Under the Affordable Care Act
Dana Fried, Managing Director, National Tax Services
Dana.Fried@CohnReznick.com
516.417.5064
Any advice contained in this communication, including attachments and enclosures, is not intended as a thorough, in-depth analysis of specific issues. Nor is it sufficient to avoid tax-related penalties. This has been prepared for information purposes and general guidance only and does not constitute legal or professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice specific to, among other things, your individual facts, circumstances and jurisdiction. No representation or warranty (express or implied) is made as to the accuracy or completeness of the information contained in this publication, and CohnReznick LLP, its partners, employees and agents accept no liability, and disclaim all responsibility, for the consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.
Tax Reform: The Tax Cuts and Jobs Act –
What you need to know, now
-
InsightQualified Improvement Property - Bonus Depreciation UpdateCongress intended that the Tax Cuts and Jobs Act (TCJA) would provide new rules for the treatment of Qualified Improvement Property (QIP).
-
Insight2019 Poverty Guidelines ReleasedThe U.S. Department of Health and Human Services (HHS) released new U.S. Federal Poverty Guidelines (FPG) which are used to determine financial eligibility for certain federal programs.
-
InsightThe District of Columbia Requires DC-Registered Not-for-Profits to Renew Tax ExemptionsStarting in 2019, the District of Columbia (DC) Office of Tax and Revenue (OTR) is mandating nonprofit organizations that claim tax-exempt status in DC must reapply for tax-exempt status through an online renewal process.
-
InsightConnecticut Imposes Convenience of the Employer TestFor taxable years beginning on or after January 1, 2019, compensation derived from Connecticut sources by a nonresident includes income from days worked outside the state for the employee’s convenience, but only if the nonresident’s state of domicile imposes a convenience of the employer test.
-
InsightImpact of Wayfair on the Cannabis IndustryOn June 21, 2018, the United States Supreme Court decided South Dakota v. Wayfair, Inc., 585 U.S. __ (2018).