IRS Penalty Resolution
Responding to ACA IRS Penalty Letters
Facing an ACA IRS penalty letter can be overwhelming, but you don’t have to handle it alone. Our team of experts is here to guide you through the process, ensuring that you respond accurately and efficiently to minimize any potential penalties.
Why Choose Us?
- Expert Guidance: We have a deep understanding of ACA compliance and the intricacies of carefully responding to ACA IRS penalty letters.
- Proven Track Record: With over nine years of experience and a 100% success rate, we have a history of helping employers navigate ACA challenges successfully.
- Comprehensive Support: From assessing your situation to crafting a detailed response, we provide end-to-end support tailored to answering each IRS Penalty Letter individually and effectively.
Types of ACA IRS Penalty Letters and Their Descriptions
- Letter 226J
- Description: Issued to ALEs that the IRS determines owe an employer shared responsibility payment (ESRP) due to not offering affordable health coverage that provides minimum value to full-time employees and their dependents (when applicable).
- Our Service: We help you understand the assessment, verify the accuracy of the IRS’s determinations, and draft a response to dispute or address the penalty.
- Letter 5699
- Description: Sent to employers suspected of being ALEs that have not filed Forms 1094-C and 1095-C for a given year.
- Our Service: We assist in determining your ALE status, help you gather and file the required forms, and respond to the IRS with the necessary documentation.
- Letter 972CG
- Description: This letter outlines proposed penalties for late, incomplete, or incorrect filings of Forms 1094-C and 1095-C.
- Our Service: We review your filings for accuracy, correct any errors, and draft a response to the IRS explaining the circumstances and any reasonable cause for the discrepancies and/or tardiness.
- Letter 5005-A
- Description: Issued when there is a balance due related to ACA filings, often following an initial 226J letter.
- Our Service: We help you analyze the IRS’s calculations, ensure they are correct, and assist in arranging payment plans or disputing the balance if necessary.
How We Help
- Assessment and Analysis: We thoroughly review the penalty letter and your ACA filings to identify any discrepancies or errors.
- Documentation Preparation: We will assist you in gathering all necessary documents and data to support your response.
- Response Crafting: We will draft a detailed and accurate response letter, addressing each point raised by the IRS.
- Follow-Up: We will assist you with all follow-up communications with the IRS to ensure your case is resolved promptly and favorably.
Peace of Mind… We Got This
Facing an ACA IRS penalty letter doesn’t have to be stressful. With our expertise and support, you can rest assured that your response will be handled professionally and effectively. Contact us today to get started.