The Next ACA Reporting Deadline
|For those of you who thought a Trump presidency would get you out of the upcoming Affordable Care Act filing, maybe don’t bank too much on that one.
You see, this past year, we got a bit of a break as far as filing deadlines went. Since the forms were new and everyone (the IRS included) was having to make serious adjustments to be compliant and complete them, the IRS extended each filing deadline by a few months. This year, we won’t be so lucky.
Even if President-Elect Trump makes good on his promise that the first thing he’ll do Inauguration Day (January 20, 2017) is take steps to repeal, it could very well take longer than he (or we) initially thought. Which isn’t good for those of you putting off getting your ACA Forms 1094 and 1095 together.
And not long after come the next two deadlines: February 28, 2017, the paper filing deadline for Forms 1094 and 1095 with the IRS, and March 31, 2017, the e-filing deadline.
We think you’d probably rather meet these deadlines head-on with preparedness and accuracy than scramble to meet them, fumbling paperwork and incurring fines. We know we would anyway.
That’s why ACAwise is here to help! We use the payroll and benefits data you already have in place to track compliance and e-file your ACA forms each year. With your information, we’re able to automatically generate the ACA codes needed to, in turn, generate your ACA Forms 1094 and 1095. Then all you have to do is review them and send them off securely to the IRS.
We’ll even provide a little extra help for that big first deadline on January 31: select the postal mailing option before you e-file your return, and we’ll print out your recipient copies and mail them out by the next business day from our headquarters here in Rock Hill, South Carolina. How’s that for easy?
To learn more about ACAwise or set up a free demo to help you get started, contact one of our superb account managers by phone (704-954-8420), email ([email protected]), or live chat!