Patrick Muse’s Post

🚨 New Blog Alert: ACA Penalty Payday! 🚨 Struggling with ACA compliance? Our latest blog, “ACA Penalty Payday: Common Mistakes Businesses Make (and How to Avoid Them)”, is here to help! 🔍 What you’ll learn: Common ACA mistakes that lead to penalties Practical tips to avoid these pitfalls Expert advice for staying compliant Don’t let ACA complexities catch you off guard. Check out our blog for essential insights and avoid costly errors! 👉 Read now: https://lnkd.in/ei8HYExf #ACACompliance #BusinessTips #PenaltyAvoidance #HealthcareReform

Receiving an IRS penalty notice can be daunting, but a prompt and strategic response can make all the difference. Download our ACA penalty response checklist to learn more! https://lnkd.in/e9TK2Kpe

Feeling fearful or overwhelmed by IRS penalties? Don’t stress. There’s often something that can be done! Here’s three effective steps to help you potentially remove those penalties and get back on track. Steps to Remember: 1. Verify the details on your penalty notice. 2. Consider requesting First-Time Penalty Abatement if eligible. 3. Prove reasonable cause if your missed deadlines were due to extenuating circumstances. Don’t let IRS penalties stress you out! Watch the reel for more tips, and follow us for ongoing insights to keep your business thriving.

Most companies view pre-notification as just another administrative step, but it’s far more than that. It’s a strategic checkpoint set by HMRC and as such ignoring or misunderstanding pre-notification could put a company’s entire claim at risk. Read on to find out what it means, why it matters, and how to ensure your claim stays on track: https://lnkd.in/ed3_dafd

If you've been hit with IRS penalties and interest, there are options to get those fees removed. One effective way is through a first-time penalty abatement, which is relatively simple if you qualify. The IRS allows for penalty abatements under reasonable cause, such as hardships or family deaths. By writing a letter or making a phone call to the IRS, you can request the removal of these penalties. It's important to note that for a first-time penalty abatement, the IRS will look at the last three years of positive reporting. If you've been compliant, they can remove the penalties and interest. This is a valuable option to consider if you find yourself in this situation. . . . . #TaxHelp #IRSHelp #TaxStrategy #CPAConsulting

The goal of the written response is twofold: to convey the organization's compliance with ACA requirements and to persuade the IRS to reconsider or adjust the penalty assessment. A meticulously crafted response can significantly improve the chances of a favorable outcome. Watch the full video to learn more or read yesterday’s article! https://lnkd.in/gYrXt2Zq #ACACompliance #IRS #Letter226J #InsuranceBrokers

📝 Accurate ACA reporting is key to avoiding penalties. Forms like the 1095-C and 1094-C can be overwhelming, but we’ve got you covered. Trust us to handle the details so you can focus on your business. https://hubs.la/Q02TjwHn0 #ACAReporting #StayCompliant #PEOExperts

If you're targeted for investigation by HMRC, it's important you have access to the right advice. A simple mistake can lead to serious consequences if you're not prepared. Our team can help you stay compliant in the event you are subjected to an investigation. Find out more here 👉 https://buff.ly/3Cb0WLi

Mark your calendars for March 14th, at 11 AM CT for our very anticipated webinar: "Common Mistakes with ACA Reporting that Lead to IRS Penalty Letters." Join our highly trained ACA subject matter experts as they discuss common mistakes that may result in an IRS penalty letter. Register today: https://lnkd.in/ecXmuwuC #hrcommunity #hrcompliance #hrinsights #hrexperts #affordablecareact #acareporting

📢 Frustrated with HMRC? 🌟 Discover if filing a formal complaint is worth your time. Our latest blog explores the process, potential outcomes, and whether it's the right move for you. Don’t miss out on this valuable insight! #TaxAdvice #HMRC #SmallBusiness #CustomerService #JonDaviesAccountants https://lnkd.in/ev3_xZuy