What is your Affordable Care Act Reporting Solution?

The IRS deadlines for Affordable Care Act information reporting on calendar year 2016 are as follows:

  • 1095s postmarked to employees/responsible individuals: March 2nd, 2017
  • If mailing the 1094/1095s to the IRS (employers with less than 250 forms are eligible to submit their information returns to the IRS via USPS first class mail): February 28th, 2017
  • If filing the 1094/1095s to the IRS electronically (which all subscribers to the ACA Management Tool® are able to do): March 31st, 2017

IRS recently published Notice 2016-70 that provides employers with an automatic extension for postmarking the 1095B or 1095C forms to employees.  The new date is March 2, 2017.  And it should be noted that this notice did NOT extend the due dates for filing with the IRS.  As a result, those dates remain February 28th and March 31, 2017.

Will you be ready to distribute Form 1095 to your employees in March?

ACA Management Tool® is ready to help you report!

ACA Management Tool® is an industry leading SaaS (software as a service) product that quickly and easily integrates with an employer’s existing software systems. There is no need to convert existing payroll systems, human resource information systems, scheduling, or time and attendance software.

100% of ACA Management Tool® subscribers met the deadlines for distribution of the 1095 forms and electronic filing the 1094/1095 forms with the IRS for reporting on Tax Year 2015.  Additionally, those subscribers that received “TIN Validation Error” messages were able to correct and resubmit to the IRS in a timely manner, at no additional cost to the employer.

ACA GPS is authorized to transmit all 1094/1095 B and C submissions to the IRS for private businesses, government entities and insurance companies.

To recap:

  • You do not need to convert existing systems
  • No TCC (transmitter control code) needed
  • XML file transmission to the IRS is included
  • Guaranteed submission to the IRS
  • One Tool® does it all – the ACA Management Tool®

So, will you be ready to distribute and file the ACA Forms?  Interested in learning more?
Visit www.acagps.com to learn more.
Visit www.acagps.com/products to purchase a Reporting Only Subscription today.
Email info@acagps.com to receive more information.
Register for a demo at ACA Management Tool® Webinar Registration
Call 470-239-5524 to get more information.

Be Ready to Report:  Contact us & achieve ACA reporting compliance!

To summarize, ACA GPS has developed the ACA Management Tool® to assist employers (Large and Small) with achieving compliance with the ACA.  We are authorized to transmit 1094/1095 B and C series forms for private businesses, government entities, and insurance companies.    

The products we offer include:

Full Subscription – includes tracking, analysis, eligibility, affordability, offers, responses, and:

                Initial Subscription for one year term

                Single Company Set Up (single EIN) for up to 1,000 employee records.  (Additional employee records are just $1.00 ea)

                Price is $1,995.00 (Additional EINs reporting under common ownership are just $900 ea)

The Full Subscription solution is best for employers that need to track hours to determine eligibility, and want to keep up with their offers & responses, etc, all in one place.  This subscription includes creating printable PDF versions of the 1095 C (or B) forms required under IRC §6055 and §6056.  The Tool® will e-File the forms using our TCC number, on behalf of the employer after review.

We also offer Reporting Only Subscriptions which employers can use to create printable versions of the 1094/1095 (Bs or Cs) for distribution to the employees & e-filing with the IRS.  This subscription is appropriate for employers that need a reporting solution, not a tracking solution.  A Reporting Only Subscription is $925 per EIN, for up to 1,000 Form 1095’s for Tax Year 2016.  (Additional 1095s are $.50 ea).  Customers can purchase a Reporting Only Subscription at www.acagps.com/products.

If you enjoyed this article “Will you be ready to report?” and found the information helpful, visit our blog to read others like it.

This author of this post originally published it in September 2016.  On December 1st, 2016, it was updated to include information contained in Notice 2016-70 published by the IRS on November 18th, 2016 which extends the due date for furnishing to individuals the 2016 Form 1095-B, Health Coverage, and the 2016 Form 1095-C, Employer-Provided Health Insurance Offer and Coverage, from January 31, 2017, to March 2, 2017.  Thank you.