http://img.constantcontact.com/letters/images/1101116784221/PM_NPV_ShadowLT1.png

http://img.constantcontact.com/letters/images/1101116784221/PM_NPV_ShadowLT2.png

http://img.constantcontact.com/letters/images/1101116784221/PM_NPV_ShadowLT3.png

http://img.constantcontact.com/letters/images/1101116784221/PM_NPV_ShadowLT4.png

http://img.constantcontact.com/letters/images/1101116784221/PM_NPV_ShadowLT5.png

http://img.constantcontact.com/letters/images/1101116784221/PM_NPV_ShadowLT6.png

http://img.constantcontact.com/letters/images/1101116784221/PM_NPV_ShadowLT7.png

http://img.constantcontact.com/letters/images/1101116784221/PM_NPV_ShadowLT8.png

http://img.constantcontact.com/letters/images/1101116784221/PM_NPV_ShadowLT9.png

http://img.constantcontact.com/letters/images/1101116784221/PM_NPV_ShadowLT10.png

http://img.constantcontact.com/letters/images/1101116784221/PM_NPV_ShadowLT11.png

http://img.constantcontact.com/letters/images/1101116784221/PM_NPV_ShadowLT12.png

http://img.constantcontact.com/letters/images/1101116784221/PM_NPV_ShadowLT13.png

http://img.constantcontact.com/letters/images/1101116784221/PM_NPV_ShadowLT14.png

http://img.constantcontact.com/letters/images/1101116784221/PM_NPV_ShadowTL.png

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/1101116784221/PM_NPV_ShadowTR.png

 

http://files.constantcontact.com/8d674914101/6d9a36f4-b5da-429b-8b42-165af3d29646.png

http://img.constantcontact.com/letters/images/1101116784221/PM_NPV_ShadowRT1.png

http://img.constantcontact.com/letters/images/1101116784221/PM_NPV_ShadowRT2.png

http://img.constantcontact.com/letters/images/1101116784221/PM_NPV_ShadowRT3.png

http://img.constantcontact.com/letters/images/1101116784221/PM_NPV_ShadowRT4.png

http://img.constantcontact.com/letters/images/1101116784221/PM_NPV_ShadowRT5.png

http://img.constantcontact.com/letters/images/1101116784221/PM_NPV_ShadowRT6.png

http://img.constantcontact.com/letters/images/1101116784221/PM_NPV_ShadowRT7.png

http://img.constantcontact.com/letters/images/1101116784221/PM_NPV_ShadowRT8.png

http://img.constantcontact.com/letters/images/1101116784221/PM_NPV_ShadowRT9.png

http://img.constantcontact.com/letters/images/1101116784221/PM_NPV_ShadowRT10.png

http://img.constantcontact.com/letters/images/1101116784221/PM_NPV_ShadowRT11.png

http://img.constantcontact.com/letters/images/1101116784221/PM_NPV_ShadowRT12.png

http://img.constantcontact.com/letters/images/1101116784221/PM_NPV_ShadowRT13.png

http://img.constantcontact.com/letters/images/1101116784221/PM_NPV_ShadowRT14.png

ACA Reporting Deadline Delayed & Individual Mandate Repealed in 2019

http://img.constantcontact.com/letters/images/1101116784221/PM_NPV_TitleLeftAccent.png

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/1101116784221/PM_NPV_TitleRightAccent.png

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

Furnishing Deadline Delayed for

2017 ACA Reporting

 

On Dec. 22, 2017, the Internal Revenue Service (IRS) issued Notice 2018-06 to:

  • Extend the due date for furnishing forms under Sections 6055 and 6056 for 2017 for 30 days, from Jan. 31, 2018, to March 2, 2018; and
  • Extend good-faith transition relief from penalties related to 2017 information reporting under Sections 6055 and 6056.

Notice 2018-06 does not extend the due date for filing forms with the IRS for 2017. The due date for filing with the IRS under Sections 6055 and 6056 remains Feb. 28, 2018 (April 2, 2018, if filing electronically).

 

The IRS is encouraging reporting entities to furnish statements as soon as they are able. No request or other documentation is required to take advantage of the extended deadline.

 

To view the full article, including action steps and other issues, click here

 

http://img.constantcontact.com/letters/images/sys/S.gif

 

Individual Mandate Repealed for 2019

 

On Dec. 22, 2017, President Donald Trump signed into law the tax reform bill, called the Tax Cuts and Jobs Act, after it passed both the U.S. Senate and the U.S. House of Representatives. 

 

This tax reform bill makes significant changes to the federal tax code. The bill does not impact the majority of the Affordable Care Act (ACA) tax provisions. However, it does reduce the ACA's individual shared responsibility (or individual mandate) penalty to zero, effective beginning in 2019.

 

As a result, beginning in 2019, individuals will no longer be penalized for failing to obtain acceptable health insurance coverage.

 

Although the tax reform bill eliminates the ACA's individual mandate penalty, this repeal does not become effective until 2019.

 

As a result, individuals continue to be required to comply with the mandate (or pay a penalty) for 2017 and 2018. A failure to obtain acceptable health insurance coverage for these years may still result in a penalty for the individual.

To view the full article, including action steps and other issues, click here

 

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

 

http://img.constantcontact.com/letters/images/1101116784221/PM_NPV_ShadowLB.png

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

 

http://img.constantcontact.com/letters/images/1101116784221/PM_NPV_ShadowBL.png

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/sys/S.gif

http://img.constantcontact.com/letters/images/1101116784221/PM_NPV_ShadowBR.png

http://img.constantcontact.com/letters/images/1101116784221/PM_NPV_ShadowRB.png