Wednesday, 11 January 2023 11:30 AM
Company Update
ROCK HILL, SC / ACCESSWIRE / January 11, 2023 / With the new year, comes a number of IRS reporting deadlines for employers and service providers. One of the most significant and time-consuming of these filing obligations is ACA reporting with the IRS and the states that require it. ACAwise was created to ease the burden of complicated reporting required under the Affordable Care Act (ACA).
There are a few major deadlines that are associated with ACA reporting:
- March 2, 2023 (The deadline to distribute recipient copies)
- March 31, 2023 (The deadline to file electronically with the IRS)
With many years of experience carrying out ACA reporting for clients across a wide range of industries, ACAwise, a full-service ACA Reporting software offers diverse and flexible services to meet the needs of any business organization.
IRS Filing Services
ACA Core: Core services are designed for clients that are comfortable with generating their own ACA codes on Form 1095-C but are seeking a complete solution for form generation and e-filing with the required agencies.
ACA Elite: Elite services are designed for clients who would prefer that their ACA Form 1095-C codes are generated by a team of professionals, based on the employee data they provide. Additionally, they are seeking a solution to e-file ACA Forms 1095-B/C with the IRS and their state.
Customize your ACA Reporting Solution with Additional Features
State-Mandated ACA Reporting
ACAwise supports state e-filing of ACA forms with the states that mandate it, this includes Massachusetts (1099-HC), New Jersey, California, Rhode Island, and the District of Columbia (D.C.). ACAwise clients can add this service to their reporting regardless of whether they have chosen the Elite or Core package.
For organizations that are only seeking a solution for e-filing ACA forms with their state, ACAwise has a State-only filing option.
Postal Mailing of Recipient Copies
By law, employers, and insurance providers are required to furnish their recipients with a paper copy of their 1095 forms. ACAwise helps its clients meet this requirement with ease by offering print and mailing services. All recipients' addresses are checked using USPS validations. This ensures that each copy is mailed to a verified address.
For any organizations that are only seeking a solution for distributing paper copies of ACA forms to their recipients, ACAwise offers a print and mail-only solution.
Online Access
In addition to print and mailing services, ACAwise provides an online access option. This means that ACAwise clients can grant their recipients access to view and download their forms online through a secure portal.
White Label Options
For large clients and service providers that wish to customize their ACA reporting solution completely, there is a White label option available. When a client chooses the White label option, ACAwise creates their company's own branded domain, complete with branded portals for both their staff and clients as needed.
The White Label option is a great choice for large enterprises and payroll providers that are seeking a simple solution for expanding into ACA Reporting services. ACAwise has the experience needed to carry out the technical process, allowing businesses to efficiently provide their clients with a seamless ACA reporting solution.
To learn more about the powerful solutions from ACAwise and request a quote, visit acawise.com.
When asked about the upcoming ACA reporting Season, Agie Sundaram, the CEO and Co-founder of SPAN Enterprises, the creator of ACAwise, stated, "Affordable Care Act reporting is a complex process and many businesses find themselves facing massive IRS penalties for improper reporting. ACAwise was created and designed to remove the guesswork. We encourage any organization that is concerned about its IRS compliance to reach out to our team. We are able to manage their reporting for the current and the past tax years."
About ACAwise
Created in response to the Affordable Care Act, ACAwise is a full-service reporting provider. The experienced team at ACAwise is able to carry out the ACA reporting needs for organizations of any size. The ACAwise solution includes data validations, the generation and e-filing of accurate Forms 1094-B/C and 1095-B/C with the IRS and state, complete ACA code generation, recipient copy distribution, past-year filing, and more.
About SPAN Enterprises
Based in Rock Hill, South Carolina, SPAN Enterprises has been developing industry-leading software solutions for IRS e-filing and business management tools for over a decade.
The SPAN Enterprises portfolio of products includes ACAwise, TaxBandits, Tax990, ExpressExtension, 123PayStubs, and TruckLogics.
For any media inquiries, please reach out to Stephanie Glanville, Content Writer at [email protected].
SOURCE: SPAN Enterprises