
IRS Releases Helpful ACA Corrections Webinar? | Sovos
About this event
At this point, you’re likely preparing to send your transmittal for ACA reporting if you haven’t already, which means you may be anxious about any corrections you’ll need to perform. Generally, transmitting correction files are required to correct errors found on original filings, replacement filings, or other corrections filings. As a filer, you may discover […]
IRS Releases Helpful ACA Corrections Webinar? | Sovos is a webinar from Sovos focused on Data. See Sovos's website for confirmed availability and schedule details. UPCOMING provides an independent event listing and directs attendees to Sovos's website to complete registration or viewing.
What you'll learn
- Certain errors on information returns will not result in a penalty. For example, an inconsequential error or omission is not considered a failure to include correct information. - Inconsequential errors: These types of errors do not prevent the IRS from processing, correlating required information with the affected individual’s tax return, or otherwise putting the return to its intended use. TIN errors and/or surname errors are never inconsequential. Wrong forms or wrong substitute forms are never inconsequential.



