Missed ACA past years’ 1094/1095 filing? Act immediately to meet the IRS compliance requirements!

 

Have you missed out ACA past year’s 1094/1095 filing as you were tied up with other professional commitments? Besides, time-consuming, it is a cumbersome task also! The procedure of 1094/1095 ACA filing to IRS as well as notifying your employees of their affordability, benefits, and eligibility require much time and effort.

ACA compliance is still very much alive and ignoring it will prove extremely expensive. ACA Compliance Solution Services are aware of the penalty criteria and the ACA court appeal decision.  Henceforth, knowing all the aspects of ACA compliances, we are a reliable platform to relieve you from this arduous administrative task in a hassle-free way!

What is the 1094/1095 form & who are need to file it?

Applicable Large Employers with 50 or more full-time and equivalent employees need to file certain information with the IRS (Internal Revenue Service) as a concrete demonstration on what benefits they have offered to their employees the previous year. These forms are termed as 1094/1095 submitted to the IRS to determine the benefitted employees’ eligibility for the premium tax credit or whether the employer should be penalized in the act of non-compliance.

Act immediately when will receive the IRS penalty Letter!

Employers who have not filed 1094-C and 1095 C forms, receive IRS penalty letters which enquires them the reason behind their non-compliance act in previous years. The the letter contains some basic information including an employee ID number, the date the letter was sent, tax year(s) in question, taxpayer ID number, IRS contact details, the relevant rules regarding 1094/1095 form filing, and the reasons why the employers have received this penalty letter.

 

If you have received such a letter from the IRS, you need to respond to the IRS within 30 days. If you again fail in responding to them, you may land on serious penalty charges and may end up losing millions. If you procrastinate to respond until the deadline, it will put a toll on you in gathering all the required data and complete the forms within the strict time limit.

 

Skipped last year’s 1094 / 1095 Filing? Implement quick compliance activities now!

If you have already skipped ACA past years 1094/1095 filing, then wait no more! Acquiring 50 or more employees’ data in a short time is undoubtedly an arduous as well as an error-prone exercise. The regulations are dynamic and complex to interpret. Employers need to spend quality time to delve deep into the analytical understanding of these ALE’s regulations and implement the technical strategies for quick and successful compliance.

 

How ACA Compliance Solution Services can be your savior in IRS compliance formalities?

We offer error-less and prompt 1094/1095 compliance services to our clients through our deep investments in processes, effective strategies, and tools. Being trusted by 1500+ clients across the USA and associated with them as their strategic partner for ACA regulatory compliance, we have gathered sound experience in practising advanced techniques to meet all the ACA Compliance requirements.

We use specific toolkit and proprietary methodologies to ensure accurate and timely compliance, complemented by extensive research on the IRS compliance requirements.

Location: Woodland Hills, Los Angeles, CA, USA

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