Understanding IRS ACA compliance is crucial for organizations aiming to navigate reporting changes effectively.

The term efficiency can be defined as the ability to achieve an end goal with little to no waste, effort, or energy.

The President-Elect made one of his campaign-winning points all about the DOGE (Department of Government Efficiency) and the attempt to streamline all Government Entities (including the IRS) and make them operate quicker, eliminating backlogs, and redundant tasks.

As most of you might know from the conversation with Paragon Compliance LLC, the IRS is about two years behind on reviewing 1095-C filings and imposing compliance penalties, (filing and affordability). With that said, when DOGE kicks into gear and is successful in overhauling the way government operates, the goal of “clearing the backlog” would be first on the docket.

Once the backlog is cleared, 226-J (affordability penalty notices) letters will be flying to all those who did their 1095-C filings haphazardly or did not offer affordable coverage. At the same time, all of the companies that did not think they needed to be ACA compliant, (too small, did not know they were part of an ALE group, etc.,) and did not file at all will be on the IRS Radar. “The dog ate my homework” excuses will not work as the IRS wants all penalties collected. This is when Paragon can help. Adhering to IRS ACA compliance guidelines ensures your organization avoids penalties while maintaining accurate reporting.

We will be happy to help with all your IRS ACA Compliance needs, quickly and efficiently, to combat IRS penalty notices.

In short, we will:

  • Review Failure to File notices and work with the companies to communicate with the IRS on their behalf
  • Review 226-J notices and work to reduce proposed penalties
  • Evaluate if your company is big enough to require ACA Compliance filing and work with you to onboard and file swiftly
  • Provide monthly or annual ACA Compliance services accurately and efficiently

When DOGE is successful in their efficiency efforts, we are here to make sure that the employers are prepared to comply with the new, improved IRS operations schedule.

Written by Yana Lender 

How can Paragon Compliance help?

Let us help you – please reach out to clientservices@paragoncompliancellc.com for a quote or call us today!

Contact Paragon for ACA Compliance Services
Call Paragon at (585) 348-5020