IRS Reevaluating ACA Tax Compliance Measures After GAO Criticism

The IRS is looking at ways to ensure better compliance with the tax-related provisions of the Affordable Care Act, after a new Government Accountability Office report out Wednesday (July 29) told the agency to strengthen its oversight of subsidies, data matching and more. The GAO report also said the IRS is unable to say if the problems will continue in later years due to incomplete data from a vast majority of the exchanges. Incomplete exchange data has kept the IRS...