For many years, ACA reporting has been a tricky process for many employers in their busy schedule. That’s why to support them from these challenging situations annually and focus on their job, ACAwise builds a powerful 1095 C software that takes care of ACA reporting requirements on behalf of employers and helps them stay ACA compliant
What’s Inside Our 1095 C software- ACA Compliance Reporting
Our 1095 C software holds some of the essential features and stands as a unique one in the ACA reporting world. So, here’s what you must know in our 1095 Software to choose for your 2021 ACA reporting.
Data Integration
With the data integration feature in our 1095 C software, you can quickly and securely share your employee’s ACA data in any format and in multiple ways such as file upload, API, custom programming to generate 1095 C forms with codes.
The data you share with us are stored in our secure, HIPAA compliant server.
Data Validation
Once you upload your data to us, we perform pre-validation such as data integrity check, IRS Business Rule validations to ensure the data to share with us are accurate to IRS records.
We also perform post validation like TIN Matching, IRS ACA XML Schema validations, USPS address validation to avoid form rejections from the IRS in the long run.
1095 Form and Code Generation
Generating 1095 C form with proper codes is a difficult task for even experienced filers.
But with our 1095 software, you can stay relaxed. After the complete validation from both the end, we will begin generating the 1095 C form with ACA Codes based on your information and e-file them to the IRS.
Review Forms through Secure Portal
The process doesn’t end here. We send the generated 1095 forms with codes for your review via email notification to get approval for e-filing with the IRS.
Once you get notified, you can review the forms in both online and offline methods using our secure portal and make corrections if any errors are found.
This way, you can reduce the form rejection and ACA employer mandate penalty from the IRS.
IRS and State E-filing
Once everything is right from your end, we will convert the generated 1095 C forms into an IRS acceptable format and electronically file your 1094 and 1095 information returns to the IRS via AIR system and with states that have passed the State individual mandate within a deadline.
The state includes:
California
District of Columbia
New Jersey
Massachusetts
Rhode Island, and
Vermont
This way, you can stay ACA compliant with both the IRS and states.
Recipient Copy Distribution
One of the must know features in our 1095 C software is employee copy distribution.
According to ACA reporting requirements under IRC section 6056, employers must submit the 1095 C forms to the IRS and distribute copies to employees. To comply, our 1095 software handles the print and mailing of 1095 form copies to enrolled employees. In addition, we also perform USPS address validations, to ensure all your forms copies are mailed to the employee’s valid address.
Alternatively, you can also opt for online access. This enables your employees to view and download their forms from the ACAwise secure online portal and save you from receiving unwanted ACA filing penalties.
So, are you ready to relieve the stress of your 2021 ACA reporting using our 1095 software? Then, connect with our expert today at 704.954.8420 or email us at support@acawise.com, We are here to assist you at any cost!
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