Aca filing services
July 19, 2023 ⚊ 1 Min read ⚊ Views 46 ⚊ BUSINESS
The difficult process of ACA filing services is dedicatedly synchronized by ACA Compliance Solution Services, Inc., in which case they completely reduce the employers’ responsibilities. In this context, the Affordable Care Act (ACA) stipulates reporting obligations for all ALEs or applicable large employers employing 50 or more full-time equivalent employees working for at least 30 hours to submit the 1094-C and 1095-C ACA filings to the IRS (Internal Revenue Service) for the previous calendar year. The same reporting formalities are also required to be followed by the applicable small employers deploying less than 50 full-time equivalent employees through the submission of the Forms 1094-B and 1095-B (Parts I, III, and IV) for every annual tax session on the Minimum Essential Coverage provisions to the eligible employees.
