ROCK HILL, SC / ACCESSWIRE / January 10, 2022 / The new year brings many IRS filing obligations, the most stressful for employers with over 50 or more full-time employees is ACA reporting. ACAwise is an industry-leading provider of Affordable Care Act Reporting Solutions.
With over a decade of e-filing experience and clients spanning across every industry, ACAwise is prepared to carry out ACA reporting for the 2021 tax year and is still accepting new clients. ACAwise offers two services that are flexible and meet the unique needs of every organization:
- ACA Core services are designed for employers who 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 IRS and the State.
- ACA Elite services are designed for employers who would prefer that their ACA Form 1095-C codes be generated by a team of professionals, based on the employee data they provide. They also are seeking a solution to E-file ACA Forms 1095-B/C with the IRS and their state.
Businesses can choose to add additional benefits and services.ACAwise is also able to handle State-mandated ACA reporting with
- California
- District of Columbia
- Massachusetts
- New Jersey
- Rhode Island
- Vermont
ACAwise services also include ICHRA reporting for employers who have offered ICHRA plans in 2020. This includes the generation of all ICHRA-specific codes.
Clients have multiple options for uploading their data, including file uploads using Excel or CSV templates, API integrations, and even custom programming.
The ACAwise team performs a series of data validations, including IRS Business Rules validations, data integrity checks, and XML Schema validations to ensure accuracy in reporting. TIN Matching ensures that your employees' SSN matches the SSA database, this significantly reduces the chance of TIN errors.
Once the data is validated, ACAwise generates form copies, clients will then have time to review and approve them. ACAwise is prepared to handle unique situations like ICHRAs, COBRA, rehires, and terminations.
For clients that require a printing and mailing solution, ACAwise provides this service. In addition to mailing recipient copies, ACAwise performs USPS Address Validations to ensure that the copies are sent to the correct addresses.
When asked about the upcoming ACA reporting, CEO and Co-founder, Agie Sundaram stated, "ACAwise offers the best application functionality and features on the market, with SOC 2 Certified security measures and an experienced team of experts, we are ready to meet any organization's needs".
SPAN Enterprises, the creator of ACAwise, is an industry leader of solutions for IRS tax filing and the transportation industry. Located in the heart of downtown Rock Hill, South Carolina, SPAN proves that big ideas can grow in a small town.
With existing Business Management and E-filing Applications such as TruckLogics and TaxBandits and new additions like 123PayStubs, SPAN Enterprises is at the forefront of innovative applications. Learn more at http://www.spanenterprises.com.
Please direct all media inquiries to Stephanie Glanville, Content Writer, at [email protected].
SOURCE: ACAwise