Are you looking for an ACA reporting solution?
Contact us now on (704)-954-8420 or email your requirements to support@acawise.com
Changes in 2024 ACA Reporting
- IRS released the final instructions for 2024 ACA Reporting Requirements
- IRS mandates the reporting of ICHRA
- Several states have mandated the ACA Reporting at the state level.
Meet ACA Reporting Requirements Before these ACA Filing Deadline
Recipient/Employee Copies Deadline
Paper Filing Deadline
e-Filing Deadline
Click here to know more about the State Filing Deadlines.
An Enhanced ACA Reporting Solution
to complete ACA 1095 Reporting
The ACA reporting requirements are complex, so choosing the
right ACA Reporting Solution provider makes your
work easier.
Get Started with our 1095 Software. We will take care of
ACA Reporting completely for Employers. Our automated
ACA reporting software that simplifies the ACA 1095 reporting process is more simple and secure.
We're a full-service, IRS-authorized
ACA reporting vendor who can assist you with the necessary ACA Reporting solution and help you
stay compliant with the IRS.
Import
Easily import your payroll and benefits
information.
Manage
Streamline your benefits data and monitor compliance.
Track
View and track the status of your employees' health coverage offers.
How Our ACA Reporting Solution Helps You Meet ACA Requirements
Our ACA reporting solution directs you through the complex tangle of ACA reporting and gives you the ability to easily manage and control your ACA reporting requirements. It also ensures your ACA reporting is filed with the IRS and the States on time and allows you to maintain your compliance to reduce your risk of costly IRS penalties. To put it simply, we're one of the best ACA 1095 reporting providers, and our easy-to-use ACA reporting software simplifies your workflow for your ACA compliance and reporting.
Our 1095-B/1095-C Software gives you accurate results to help you from the best strategies for your employee health care benefits plan. All of this can then be reported to the IRS and States easily through Forms 1094 and 1095. Even if you already have your own payroll system in place, you can still use our solution! Just use our simple API integration function to seamlessly e-file your ACA forms using the system you already have. You can also easily import your data into our system and start your ACA reporting process that way.
Visit https://www.acawise.com/aca-reporting-software/ to know more about ACA 1095-B / 1095-C Software.
Choose the right ACA Reporting Service that
meets your Filing needs
Do you have ACA codes ??
- Choose our “ACA Core” Reporting Service.
- We will generate 1094 and 1095-B/C Forms, and e-file it with the IRS /State.
Don’t have ACA codes ??
- Choose our “ACA Elite” Reporting Service.
- We will generate 1094 and 1095-B/C Forms with required ACA codes, and e-file it with the IRS / State.
We will also distribute the employees' copies by postal mail and Online Access
The Benefits of Our Automated
ACA Reporting Solution
- Flexible Data Integration
- API Integration
- Multi-User Access
- ACA Line 14 & 16 Code Generation
- ACA Form 1095-B/C Generation
- Data Validations
- Form Review
- Simple, Instant IRS E-filing
- State E-filing
- Employee Copy Distribution
- Form Corrections Supported
- Re-Transmit Rejected Forms
All Done with Our Enhanced, Friendly Customer Support from Our Team of ACA Experts
We provide a custom solution to the third party administrators which let them to offer ACA solutions with their own brand name.
It's Easy to Start with our ACA Reporting Solution!
It's very easy to get started with our ACA reporting solution. Simply contact us for a free product demo or to set up your account so you can begin managing your ACA compliance and reporting in a single place.
Request Demo
Request a demo to learn the functionality of our ACA compliance and reporting solution!
Account Setup
Simply provide your basic information, including a valid email address, to create an account and gain easy access to our solution.
Integrate Employee Data
Easily integrate employee data (like health benefits and payroll information) into our system for simplified compliance maintenance.
Compliance Management & IRS ACA 1095 Reporting
It's easy to check out your list of employees who are eligible for health insurance coverage and manage their affordability.
A Quick Guide for Employers
ACAwise has created a Free guide to help applicable large employers to know 2024 ACA Reporting Requirements and ACA Codes better.
ACA Reporting Requirements for 2024
ACA Code Cheatsheet for 2024
State Mandate ACA Reporting Requirements for 2024
When Congress eliminated the federal individual mandate penalty under the Affordable Care Act on January 1, 2019. Some states such as California, District of Columbia, Massachusetts, New Jersey, Rhode Island, Vermont have implemented the individual mandate at the state level, which requires its residents to have the Minimum Essential Coverage for each month of the calendar year or pay the State tax penalty.
So, in addition to ACA reporting to the IRS, now in or out of state employers who employ those state residents must submit their employees’(residents) health coverage information to the state through the ACA Forms and MA Form 1099-HC and furnish copies to their employees before the deadline to avoid unwanted penalties.
ICHRA Reporting on ACA Forms
As of January 1, 2020, ICHRA (Individual Coverage Health Reimbursement Arrangement) is an alternative option for employers from the traditional group health plan. This allows employees to purchase their individual health insurance plans and health care services that best
fit their needs.
In turn, the plan reimburses the employee up to their allowance amount. These reimbursements amounts are tax-free for both the employers and employees. So, any employers who offered ICHRA plans to their employees in the tax year 2023 must submit their ICHRA coverage information to the IRS through Form 1095 and furnish copies to employees in the year 2024 ACA reporting.
Last year, the IRS added new codes (1T - 1U) To report the ICHRA coverage information on Form 1095-C. So, if you are looking for a 2024 ACA reporting service provider, reach out to ACAwise. We will take care of generating the ICHRA codes and e-file them with the IRS and distribute the copies to the employees.
