IRS Issues ACA Letters to Noncompliant Employers

Dec 10, 2018

The IRS has been sending Letter 5699 to employers that have not complied with their ACA reporting requirements for 2015.

Letter 5699 requests missing information from applicable large employers (ALEs) that were required to report under Section 6056, but failed to file Forms 1094-C and 1095-C with the IRS. The IRS identifies potentially noncompliant ALEs based on their Form W-2 total employee count reported for 2015.

Employers who receive a Letter 5699 should respond within the appropriate time frame and provide all appropriate information requested by the IRS, including any forms that are due.

Penalties may apply for any failures to file with the IRS by required deadlines. The IRS will use information provided in response to Letter 5699 to identify noncompliant ALEs and assess any penalties that may be owed.



Posted In: Benefits & HR

Subscribe to the Ganim Financial Newsletter

×

Add Employee

Use the form below to add an employee to your employee benefits.

  • Employer Information

  • Employee Information

  • Add a new row
    You can add more dependent DOBs by clicking the plus sign to the right of the input field.
  • This field is for validation purposes and should be left unchanged.
×

Remove Emplyee

Use the form below to remove an employee from your employee benefits.

×

Account Login

Upon clicking 'enter,' a new window will open. If you are running a pop-up blocker, please disable it.

Black Diamond Login

Provides convenient online access to your investment accounts and your asset performance, anywhere at anytime.

Wealthscape Investor Login

Provides access to digital copies of tax forms.
×

Account Login

Upon clicking 'enter,' a new window will open. If you are running a pop-up blocker, please disable it.

Employee Enrollment & Termination

Click the link to login.

Fiduciary Briefcase Login

Click the link to login.

HR & Benefits Compliance Solutions Login

Click the link to login.
×