The obligatory provisions specified under the Affordable Care Act (ACA) of 2010 stipulate that all employers are needed to abide by the protocols of the IRS. The requisite forms 1094-B and 1095-B (Parts I, III, and IV) need to be submitted during every annual tax session on the Minimum E...

For large employers having 50 or more full-time and full-time equivalent employees working for at least 30 hours a week has to submit the 1094/1095 ACA filings to IRS for every annual tax session. This Employer Mandate Provisions for specifying the Minimum Essential Coverage offered to a...

If you are running a business with 50 or more full time equivalent – FTE’s you must offer insurance to your employees and file 1094c/1095c forms to the IRS. The process can be complex, cumbersome and loaded with uncertainties. ACA Compliance Solution Services can streamline and simplify ...

Are you an employer that has failed to comply with the IRS ACA requirements of the employer mandate provisions under Affordable Care Act? Have you received the dreaded226J letter? ACA Compliance Solution Services is here to help you with our IRS penalty reduction services. We have more t...

According to ACA reporting requirements, the employers have to report health plan details to the IRS as well as furnish the statements to their employees. Section 60555 reporting requirements apply to health insurance provider for small employers who sponsor self-funded health plans. On ...

ACA Compliance Solutions Services, Inc. streamlines the operational gaps for addressing the ACA penalties for employers. Employers who do not file an annual return to IRS specifying the Minimum Essential Coverage they offer to the health-insurance covered employees may be subject to pay ...

According to ACA reporting requirements, the employers have to report health plan details to the IRS as well as furnish the statements to their employees. Section 60555 reporting requirements apply to health insurance provider for small employers who sponsor self-funded health plans. On ...

If your organisation is not hosting Employee benefit programs, by adhering to the rules set forward by the various Acts and Sections, then you might be facing huge tax penalties. You must be strict in maintaining accurate paperworks for your employee benefit programs, and do your tax fil...

Do not want to offer a full Flexible Spending Account to your employees? Still need to offer a tax benefit? Go for Premium Only Plans. These are cost-effective alternative plans that prompt employer-sponsored premium payments to be paid by the employee on a pre-tax basis. This pre-tax op...

Section 6055 reporting requirements apply to small employers and health insurance providers that sponsor self-funded health plans that provide minimum essential coverage (MEC). Whereas, Section 6056, is directed toward applicable large employers. It ensures compliance with the ACA throug...