ACA Employer Mandate E-file Presenting Unforeseen Obstacles
Greenville, SC (PRWEB) May 15, 2016 -- Once an employer has created and then distributed they're forms 1095 C to the appropriate employees, they then have to file these forms with the IRS.
For employers with less than 250 employees, the option to physically mail these returns exists. For those who have over 250 forms, they will have to E-file using the IRS's new system.
Many employers are not yet aware of the difficulty that E-filing can pose. Currently approximately 70% of all submissions to the IRS under this new system for employer reporting, are being filed under the status "Accepted with Errors".
What this means is that as an employer, your requirement to file has been met, however there is still work to be done in order to correct the errors present. Depending on what vendor was used for ACA Reporting, this can prove to be a challenging task.
Recently ACA Reporting Service released a series of webinars addressing this as well as other hot button items such as Exchange Notices and Penalties.
By following the link above, you can access the webinar schedule directly from their website.
Trent Hiott, Aca Reporting Service, https://pro-acareporting.com/, +1 8442279883, [email protected]
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