Now that the reporting deadlines for the 2023 calendar year, which took place in 2024, have passed, it
is time to focus on next year’s filing deadlines and penalties. IRS Revenue Procedure 2023-34 includes
the updated penalty amounts that may apply to reporting entities that fail to comply with the Affordable Care Act’s (ACA) requirements under Internal Revenue Code Sections 6055 and 6056.
Click here to learn more and download the latest ACA Compliance Bulletin.