CFO Conference 2018


CFO18SS1 - IRS ACA Penalties are in the Millions - Learn How to Defend Your Organization


May 4, 2018 7:00am ‐ May 4, 2018 7:50am

Standard: $49.00

Description

The IRS has started to enforce companies’ compliance with the Affordable Care Act for the 2015 filing year. We have already seen Letter 226J penalty notices in the millions of dollars; one as high as $17 million. More are sure soon to follow. Many employers are unaware that they are at risk because they don’t realize the information errors that are reflected in their ACA filings with the IRS. Additionally, companies may have failed to recognize that ACA penalties can be a contingent liability that must be reported in their financial statements. In this session, ACA experts will discuss how employers can identify potential errors in their ACA compliance process and what steps they should take in case they face an IRS tax penalty.

Speaker(s):

  • Joanna Kim-Brunetti, JD, General Counsel & VP of Regulatory Affairs, First Capitol Consulting
  • John Leathers, Director of Product Implementation, First Capitol Consulting

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