Date post: | 15-Apr-2017 |
Category: |
Government & Nonprofit |
Upload: | lisa-davis-chrs-cwpc |
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Be IRS compliant with the ACA
How much did your
organization
struggle to be ACA
compliant this year?
2016 ACA REPORTING
REQUIREMENTS
2016 1095C FORM CHANGES
• Line 14 Codes were
expanded
• The Plan Start Month
had been added in 2015
but remains option for
2016.
2016 1094C FORM CHANGES
1. Removal of the option for “Qualifying Offer Method
Transition Relief”
2. The box for “Section 4980H Transition Relief”
remains as some non-calendar year plans may
qualify for this relief for some months in 2016
WHAT WORK DOES HR NEED TO DO?
1. Determine the status of each employee, every month2. Record these statuses every month3. Get the status onto the form4. Verify your work5. Mail the form to all current and former employees by
Jan 31st
6. File the summary report with the IRS by Feb 28th or electronically if over 250 forms generated.
FILING & DELIVERY DEADLINES
• Deliver Paper 1095 forms to employees by January 31st, 2017
• Deliver Paper 1094C Forms to the IRS by February 28th 2017
• Electronic Submittal of 1094C forms to the IRS by March 31, 2017
THE ONETOUCH
ACA REPORTING SOLUTION
HOW IT WORKS…
Employee/Dependent eligibility statuses are maintained in the ACA Dashboard.
OneTouch identifies 1095C code parings based on elected statuses.
1095C forms are generated and mailed by BPT BPT transmits 1094C and 1095C data electronically
to the IRS by March 31st , 2017.
FUNCTIONALITY OF THE
ACA DASHBOARD
TRACK ACA ELIGIBILITY STATUSES
EASILY EDIT EMPLOYEE’S ELIGIBILITY
PREVIEW & PRINT 1095C FORMS
MANAGE 1094C/1095C DATA SETTINGS
MANAGE EMPLOYEE AND DEPENDENT INFORMATION
GETTING STARTED
WE MAKE IT SIMPLE
AFFORDABLE ACA COMPLIANCE
NEXT STEPS….
• Complete a Needs Analysis
• Get a Proposal for ACA Services
• Sign a OneTouch ACA Service Agreement
• Attend a Implementation Welcome Call
• Get Trained on your ACA Dashboard
TO LEARN MORE….
Contact:• (866) 459-2386• http://www.benepaytech.com/aca-reporting-sol
ution
• 18310 Montgomery Village Ave.,Suite 230Gaithersburg, MD 20879(301) 610-7779(866) 459-2386
THANK YOU!