IRS hits city of Augusta with $2M in fines, possibly more

AUGUSTA, Ga. (WRDW/WAGT) – Town of Augusta is on the hook for $2 million in IRS penalties for not correctly submitting paperwork associated to the Inexpensive Care Act, sources within the metropolis authorities informed Information 12.

One Augusta Fee member stated it was mentioned on the metropolis’s final government session. These conferences are closed off to the general public and usually occur earlier than fee and committee conferences.

The entire different fee members both didn’t reply to requests for remark or particularly answered “no remark” when Information 12 requested in regards to the matter.

Information 12 has filed open information requests to see the paperwork and learn the way deep the issue goes.

However $2 million might be the tip of the iceberg or might be the overall quantity, relying on what number of years the town didn’t file the paperwork.

Employers like the town are required to file annual paperwork with the IRS associated to the supply of workers’ medical health insurance protection – and never doing so can carry penalties from the Inside Income Service.

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