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Aca requirements for employers

The mandatory ACA requirements for employers for submittingan e-filing to IRS entailsall small employers, with less than 50 full-time employees sponsoring self-insured health plans to report with the Forms 1094-B and 1095-B (Parts I, III, and IV) during every tax session on the Minimum Essential Coverage provisions for employees. Again for employers with 50 or more full-time employees are required to submit the annual report to IRS on the coverage amount with forms 1094C and 1095C. This arduous process is synchronized by ACA Compliance Solutions Services, Inc., wherein they mitigate the employers’ responsibility. Visit us at www.acacss.com

6055 and 6056 Reporting

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 the other hand, 6056 is applicable for large employers. Both 6055and 6056 Reporting requirements must comply with the ACA guideline. ACA compliance is complex and arduous process, if you need an expert to handle this task, ACA Compliance Solution Services is second to none. We specialize in 6055 and 6056 reporting. For more info, visit our website acacss.com or call 877-959-3953now.

Section 125 pop plan documents

Looking for a tax saving solution for both employees and the employers? Your search ends here! Section 125 Cafeteria plan provides a cost-effective alternative to satisfy the employer’s legal obligation. It is a pre-tax basis plan for the employer-sponsored benefits like group term life insurance or a Health Savings Account (HSA). ACA Compliance Solution Services provides free consulting, affordable plan documents, and plan updates as required for filling section 125 pop plan documents. For further details, go through our website at acacss.com or call us at 877-959-3953.

IRS penalty letters

For all employers non-complying with the Employer Mandate Provisions under the Affordable Care Act (ACA) for any specific assessment year are sent the IRS penalty letters. This dreadful Penalty Reduction Service Letter 226-J has to be positively submitted to IRS with relevant forms and the requisite penalty amount within one month. Herein, the ACA Compliance Solutions assist the employers to swiftly organize resources, while writing an effective reply to the IRS letter. Their professionally qualified ACA compliance experts offer best practices to mitigate the operational gaps leading to a penalty notice. Feel free to interact at www.acacss.com

ERISA Wrap Document Services

Cannot plan properly a document for ERISA purposes? It requires many elements and provisions to protect the plan sponsor and plan administrator. ERISA is a federal law that regulates welfare benefit plans. The law mandates the employers to align with the strict requirements for disclosing plan to the eligible employees. The employers also tend to worry about missing ERISA provisions in their insurance documentation. Are you worrying over the same? ACA Compliance Solution Services provide ERISA Wrap Document Services to bundle the ERISA benefits into one plan and which is much easier for the employer. For more information on this, check out: www.acacss.com

Premium only plan pop

Premium Only Plans are ideal for businesses those who want to provide tax benefits for their eligible employees. If you are a business looking to save on taxes, a premium only plan (POP) is the perfect fit. A POP plan offers a win-win situation for employees and employers. ACA Compliance Solution Services provides compliance services to employer groups. For more info, visit our site acacss.com or call 877-959-3953 now!

Premium only plan pop

Premium Only Plans are ideal for businesses those who want to provide tax benefits for their eligible employees. If you are a business looking to save on taxes, a premium only plan (POP) is the perfect fit. A POP plan offers a win-win situation for employees and employers. ACA Compliance Solution Services provides compliance services to employer groups. For more info, visit our site acacss.com or call 877-959-3953 now!

IRS penalty letters

For all employers non-complying with the Employer Mandate Provisions under the Affordable Care Act (ACA) for any specific assessment year are sent the IRS penalty letters. This dreadful Penalty Reduction Service Letter 226-J has to be positively submitted to IRS with relevant forms and the requisite penalty amount within one month. Herein, the ACA Compliance Solutions assist the employers to swiftly organize resources, while writing an effective reply to the IRS letter. Their professionally qualified ACA compliance experts offer best practices to mitigate the operational gaps leading to a penalty notice. Feel free to interact at www.acacss.com

aca penalties for employers

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 penalty charges up to $270 per return, while the maximum annual penalty can go up to $3,275,000 million. Now, if the employers receive the IRS Penalty Reduction Service Letter 226-J, these employers will get only 30 days to file back, wherein ACA Compliance guides them through the gruesome process with highly qualified experts. Approach us at www.acacss.com

ACA employer penalties

The ACA employer penalties, is also known as the employer shared responsibility payment for failure to offer coverage that meets affordability and minimum value. The penalty amounts double if non-compliance is ruled intentional, which means these fines can be up to $540 per filing form. We know that ACA compliance is complex and cumbersome. Our objective is to assist you in addressing ACA compliance through a simplified and streamlined process, while further protecting you in the event of IRS inquiries. For more about our compliance services, please visit our site acacss.com or call us at 877-959-3953.

Pre Tax premium deduction

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 option covers employer-sponsored benefits such as group medical, and group term life insurance. ACA Compliance Solution Services deliver high-quality compliance advice about how to save on Group Insurance Premiums with Pre-Tax Dollars, how to fill requirements for regulations such for Premium Only Plans (POP), and Pre-Tax premium deduction. For more info, visit our site acacss.com or call 877-959-3953 now!

IRS penalty reduction services

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 than 50 years of experience in the compliance field and have more than 1500+ clients across the USA. Should you need urgent help, call us immediately at 877-959-3953 or visit our website acacss.com.

ACA late filing

The Affordable Care Actrequires reporting information from employers in a timely manner. The inability to file or report correctly or timely will result in ACA late filing penalties for employers. ACA Compliance Solution Services provides dedicated compliance specialists to help you avoid late filing and incurring penalties. Our experts include certified health care reform specialists, senior HR professionals, and attorneys. Contact us now at 877-959-3953 or visit our site acacss.com.

ACA reporting requirements for small employers

Some of the provisions of the ACA or health care law apply only to small employers. It is applicable to those with fewer than 50 full-time employees, including full-time equivalent employees. The complexities of ACA compliance and the mandatory ACA reporting requirements for small employers can be challenging and overwhelming. If you are a small business owner and looking for a full service provider of compliance services, then look no further than ACA Compliance Solution Services. We deliver high-quality compliance advice on filing requirements for regulations such as 1094/1095 filings, 5500 filings, Premium Only Plans (POP), and ERISA wrap documents. For more info, visit our site acacss.com or call 877-959-3953 now!