Don’t let the Affordable Care Act’s uncertain future lull you into a false sense of security: filing for the 2016 tax year in early 2017 is very much still on. As in, you’re still likely to incur some serious fines if you don’t file.
So now that you know you have to file, how will you?
The Completely DIY Way
Well, you could file your return all by yourself. Surrounded by stacks of paper forms, filling them out one by one, before you take everything to a nearby IRS office (if there even is one near you) to ensure you did everything correctly.
Once you finally get to talk to someone at the IRS office – because, remember, the IRS is never not busy – they’ll help make sure your return has been filled out correctly but have no way to determine if the personal data you’ve collected on your employees (like their social security numbers) is accurate. And, remember, this past year one of the main causes of ACA form rejections was because of mismatched taxpayer identification numbers (TIN), like SSNs.
Once you’ve finished up at the IRS office, it’s time to head on over to the post office to mail all those IRS and recipient copies of your 1094 and 1095 Forms. And after you’ve mailed them, you’ll have to wait a while – a few weeks at least – to hear back that your return was accepted or rejected.
The ACAwise DIY Way
If you’ve finished your 1094 and 1095 Forms but don’t want to deal with the crowds at the IRS office or the uncertainty of the post office, you can DIY e-file with ACAwise!
ACAwise is an IRS-authorized, cloud-based solution for applicable large employers and third-party administrators who need to file ACA compliance Forms 1094-B, 1095-B, 1094-C, and 1095-C.
If you already have completed PDFs of your ACA Forms, you can use ACAwise to e-file your forms directly with the IRS through our secure e-filing system. Simply upload your forms, review that everything looks okay, and transmit.
The ACAwise Full-Service Way
So, yeah, you could DIY your way through your ACA filing, or you can go big with full-service e-filing from ACAwise.
With Full-Service ACAwise, all you need to do to e-file your forms is input the personnel and health benefits details you already have, however you already have them, and we’ll take it from there.
We’ll generate the ACA codes necessary for your forms with the information you provide and input the rest of the information to completely create each form of your return. Then, we’ll send that data through a few error checks, like an IRS business rules validation.
Once your forms are nice and ready, we’ll let you know so you can review them before securely e-filing them directly with the IRS.
And when we say “full-service,” we mean FULL service: in addition to e-filing your forms with the IRS, we’ll also mail your recipient forms for you! Just indicate before you e-file that you’d like to include our postal mailing feature in your order, and we’ll print and mail them out by the next business day.
And if you have any questions at any point in your ACAwise process, we’re here to help! We offer free, round-the-clock customer support from right here in South Carolina, USA. You can give us a call (704-954-8420) or send us a live chat Monday through Friday, 9:00 a.m. to 6:00 p.m. EST, or send us an email anytime to [email protected]!