FCCI Insights

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Regulations

The IRS Can’t Phone Home

For those thinking that the IRS may come a’calling, that won’t be happening anymore…at least when it comes to initial contact. In a memo dated May 20, 2016, phone calls are no longer the acceptable means for making initial contact to those taxpayers who may be facing an audit. Going forward, form..

The IRS Can’t Phone Home
The ACA: A Gift And A Curse For Uber
Regulations

The ACA: A Gift And A Curse For Uber

In the often-oversimplified world of contractor-based employment, theAffordable Care Act is a blessing in disguise: “employees” can readily obtain ..
Is Individual Shared Responsibility Your Responsibility?
Regulations

Is Individual Shared Responsibility Your Responsibility?

Since the implementation of the Affordable Care Act, the goal in mind is to ensure that every American has received or has been given access to..
2016 Massachusetts Insurance Mandate Penalties
Regulations

2016 Massachusetts Insurance Mandate Penalties

Massachusetts residents who fail to comply with the state’s mandatory health insurance requirement – widely regarded as a model for the Affordable..
Many Companies Not Ready for ACA Reporting
Regulations

Many Companies Not Ready for ACA Reporting

With only weeks remaining in 2015, more than half of companies responding to a recent survey say they have not made much progress toward meeting the..
How Income Affects The Premium Tax Credit
Regulations

How Income Affects The Premium Tax Credit

The IRS has issued advice to help individuals understand how their household income can affect the Affordable Care Act premium tax credit they may..