Employers still need to find reporting solutions and are still unclear about their ACA reporting strategy
Livonia, Michigan (PRWEB) January 14, 2016
Employers subject to the Affordable Care Act’s (ACA) 2015 reporting requirements now have extra time to file. The IRS extended these reporting deadlines roughly two months from the original dates. However, the IRS is encouraging employers to file “as soon as they are ready,” even as early as January. Attendance on Demand, Inc. has launched a new product for ACA reporting – VisualACA. VisualACA eliminates the guesswork, calculates the data, and connects you to a hassle-free printing and filing service to meet IRS reporting requirements under the Affordable Care Act.
“Employers still need to find reporting solutions and are still unclear about their ACA reporting strategy,” said Beth Baerman, Director of Communication at Attendance on Demand, Inc. “VisualACA can help remove the burden of ACA reporting. It also automates status determination, and ongoing evaluation of variable hour employees.”
VisualACA has a Guidance feature that looks at the employee’s service hours in the measurement period and then calculates a Guidance value--the number of hours the employee can work going forward each week or month to maintain the desired ACA status. Companies can be liable for benefit or penalty costs under ACA when part-time employees become full-time.
VisualACA assists companies in all industries with managing compliance for the Affordable Care Act. It works either with Attendance on Demand or as a standalone system.
About Attendance on Demand
Attendance on Demand supports the labor management needs of thousands of companies and more than three-quarters of a million employees across North America. Launched in 2006, Attendance on Demand is a rapidly deployed, cloud-based solution that minimizes a company's risk and technology investment while providing advanced features for securely managing labor data—calculating pay rules, scheduling employees, budgeting labor, automating recordkeeping for labor law compliance and managing employee status and reporting for the Affordable Care Act. With standard uptime over the industry average of 99.995% and above average customer retention rates, Attendance on Demand removes the worry of maintaining expensive infrastructure. An extensive North American distribution network helps organizations use Attendance on Demand to reduce labor expenses and improve decision making.