Maintain ACA reporting compliance by staying on top of 1095-C print and mail deadlines with Trusaic’s ACA reporting solutions. Financial and legal consequences for late, inaccurate or non-submission of forms are at an all-time high. Failure to comply with IRS filing deadlines for 1095-C, or furnishing incorrect forms, will result in significant penalties for your organization.
We will prepare Forms 1094-C/1095-C, including enrolled data, and provide an electronic file of prepared forms in PDF or equivalent format.
We will distribute IRS Forms 1095-C disclosures to applicable employees by U.S. mail.
Unlike standard print and mail services, our approach goes beyond mere fulfillment. We understand the complexities of ACA reporting and the potential risks associated with inaccuracies in your IRS forms. That’s why we offer an advanced Penalty Risk Assessment (PRA) to identify any issues in your XML or CSV files before printing and mailing. This proactive approach helps mitigate the risk of IRS penalties and ensures compliance with reporting requirements.
Trusaic employs advanced technology and expertise to meticulously review your XML or CSV files for any inaccuracies or discrepancies. Our comprehensive penalty risk assessment process examines the data in your files to ensure compliance with IRS requirements. We utilize sophisticated algorithms and thorough validation checks to detect and rectify errors before proceeding with printing and mailing. By identifying and addressing potential issues upfront, we help minimize the risk of IRS penalties and ensure accurate reporting for your organization.
Which employers are responsible for furnishing and filing 1095-C forms? ExpandAll Applicable Large Employers (ALEs), which are employers with an average of 50 or more full-time employees, are required to offer full-time employees qualifying healthcare coverage. These employers are responsible for furnishing and filing 1095-C forms as well.
When is the 1095-C print and mail deadline? ExpandThe print and mail (paper) filing deadline for employers is Feb. 28, 2024 for the 2023 tax year. The IRS reduced the amount of paper filings that an organization can submit to 10, which significantly reduces the amount of employers eligible for paper filing.
How can I add the U.S. Mail Distribution service to my existing agreement with Trusaic? ExpandTo add the U.S. Mail Distribution service to your existing agreement, simply contact Trusaic and request the service. A separate amendment will be made to your agreement, detailing the terms of the service.
What does the U.S. Mail Distribution service entail? ExpandThe U.S. Mail Distribution service involves Trusaic mailing out Forms 1095-C to your applicable employees on your behalf. This add-on service is provided at an additional cost and is separate from the standard services outlined in your agreement with Trusaic.
Can I utilize Trusaic’s U.S. Mail Distribution service without additional services? ExpandIf you provide Trusaic with the necessary 1095-C data, we can assist you with our U.S. Mail Distribution service as a standalone offering. Simply reach out to us to discuss your needs and get started with the service.
Who files the 1095-C schedules and for what types of employees? ExpandThe Applicable Large Employers (ALEs) are required to file and furnish 1095-Cs for each of their full-time employees. In addition, if an employer has self-insured coverage, the employer must report on all individuals who were enrolled on the self-insured health plan, including individuals who were not full-time employees, and non-employee individuals (e.g. spouses/dependents). The employer has the option to complete information about non-employee individuals using either Part III of the 1095-C or by using form 1095-B.