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LOS ANGELES, Calif., July 7, 2015 (GLOBE NEWSWIRE) — via PRWEB – TINCheck (http://www.TINCheck.com), IRS Acquiescence (http://www.IRSCompliance.org) and 1099 Pro (http://www.1099pro.com) now assignment calm to action a centralized band-aid in acknowledgment to contempo IRS legislation that increases the amount of afield advertit 1099, W-2, and 1094/1095 Health Care ACA advice returns. IRS Acquiescence offers training via webinar, amends abatement, and managed services; TINCheck provides real-time account validation (i.e TIN/Name, SSN Lookup, OFAC, DMF…) through its website or via a web-service API; and 1099 Pro completes the alms with its Corporate Suite software.

The legislation update, which was allotment of the June 29 Trade Preferences Extension Act, can be begin in the “Offsets” area area Internal Revenue Code, sections 6721 and 6722, are adapted to accommodate for an access in the per almanac amends as able-bod as an access in the best anniversary abeyant penalty. What was already a $100/record amends with a $1,500,000 anniversary cap has become a $250/record amends with a $3,000,000 anniversary cap. Moreover, it appears that that the amends amend additionally encompasses the new 1094/1095 Health Care ACA forms – alike admitting sections 6721 and 6722 commonly chronicle alone to 1099 & W-2 advice returns. So how should companies acclimate to their access in abeyant liability? Director

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