Form 1095 Recipient Copy Deadline for 2023 Tax Year is March 04, 2024 .
ACA Compliance & Reporting Software
Switch to Our ACA Compliance Software and simplify your reporting process
Talk to Our ExpertsMeet ACA Reporting Requirements Before these ACA Filing Deadline
Recipient/Employee Copies Deadline
Paper Filing Deadline
e-Filing Deadline
IRS Updates in ACA Reporting for 2024
Visit https://www.acawise.com/aca-reporting-requirements-for-employers/ to know more about changes in 2024 ACA Filing Instructions.
About Us
Who Are We?
We're a team of ACA experts who provide the best-in-class, industrial standard solution to our clients to help meet their compliance and reporting needs.
What Do We Do?
We make it easy for employers and third party administrators to meet the IRS's ACA requirements with our ACA compliance software solution.
Our ACA Software Solution Makes Your Compliance Simple
With our ACA compliance software, it's easy to upload your payroll and benefits information in its current format. Once your data is entered, our program will determine and alert you of which employees qualify for health coverage. With this information, you can offer affordable plans to your employees and begin generating Form 1095-B / Form 1095-C and Form 1094 to automatically report to the IRS and helps to complete your ACA reporting. Our ACA compliance software ensures compliance for every employee and allows you to keep track of your compliance all year long.
With our ACA compliance software, we help our clients (both the employers and third party administrators) understand the challenges and complexities of the ACA reporting requirements and act on the issues they're facing. Our software is made to provide you with the required data that will help you manage and maintain your ACA compliance. It also helps you instantly measure and monitor ongoing changes so you can implement the right strategy for determining your employee eligibility and affordability.
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The Core of Our ACA Compliance Software
Enhanced Data Management
Real-time reports offer you key insight into your ACA compliance data management.
Simple Payroll Integration
With our multi-source data integration capabilities, including API Integration, you're easily able to input data from any source.
Variable Hour Tracking
Through the live dashboard you can track variable hour employees to stay ACA compliant.
Stability Period Measurements
Also on your dashboard you're able to manage and measure stability periods for your full-time employees.
Employee Eligibility & Affordability Status
Determine full-time employees' eligibility and affordability statuses to ensure your offers of coverage are ACA compliant.
Real-Time Monitoring
Through the live dashboard, you're able to monitor and manage your ACA compliance and reporting in real time.
Real-Time Notifications
Routine error checks help ensure you remain ACA compliant by sending you alerts via email if you become at risk for noncompliance.
ACA Code Generation
We take care of generating the 1095-C Codes accurately to report on Line 14, & 16 of Form 1095-C for all your employees.
Simple Year-End IRS e-filing
Our system automatically generates your ACA codes and Forms 1094 and 1095 to make year-end ACA reporting simple.
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
Our ACA Reporting Services Simplified your Process
ACA CORE
If you know the required ACA codes, we recommend ACA CORE for your reporting of health insurance information provided to your employees.
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ACA ELITE
If you don’t know the required ACA codes, we recommend ACA ELITE for your reporting of health insurance information provided to your employees.
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State Mandate ACA Filing Requirements for 2024
As the congress eliminates the federal individual mandate penalty for individuals who don’t have qualified health insurance coverage. The States begins to implement the individual mandates at the state level. Under the State Individual Mandate, employers must report the offered health coverage information of their employees to the respective state authority.
The following States mandated the ACA Reporting at the first level for this year.
The below States are considering the implementation of mandatory ACA reporting.
To help employers meet the State mandated reporting requirements, we will take care of reporting your ACA Forms and Form MA 1099-HC
to the respective States.
Mandate ICHRA Reporting
ICHRA (Individual Coverage Health Reimbursement Arrangement) is an employer-sponsored reimbursement plan where employees are allowed to purchase their individual health insurance plan in the marketplace. In turn, the plan reimburses the employee up to their allowance amount to help them cover a portion of their medical costs and/or premiums. These new rules launched in 2020 and are emerging among employers.
According to the ACA reporting requirements, employers are responsible for reporting the ICHRA coverage information to the IRS and furnishing the copies to employees.
If you are looking for the ACA reporting service, get started with ACAwise. We will take care of generating the ICHRA codes and e-file it with the IRS, and distributing the copies to the employees.
Learn More Get Started NowFree Tools that simplify your ACA Reporting Process
ACAwise also offers four free tools that help you track your ACA Reporting.
