Streamline ACA Compliance: How ACA-Track Helps Your Business Stay On Track

Ensuring ACA compliance is a critical responsibility for businesses, but it doesn’t have to be a complex, time-consuming process. With ACA-Track, businesses can streamline the ACA compliance process, automate key tasks, and significantly reduce the risk of errors, all while staying on track with reporting deadlines and IRS regulations. Here’s how ACA-Track helps businesses stay ahead of their ACA compliance requirements.

The Growing Complexity of ACA Compliance

The Affordable Care Act (ACA) imposes a range of requirements on businesses, particularly those with 50 or more full-time equivalent employees (ALEs). These requirements include tracking employees’ hours worked, monitoring their eligibility for health benefits, and submitting IRS forms such as Form 1095-C and Form 1094-C. As businesses grow and their workforce becomes more diverse, the complexity of tracking eligibility, working hours, and health coverage also increases.

Staying compliant with these complex regulations requires more than just manual tracking; it demands an automated, accurate, and scalable system. Without the right tools, businesses can easily fall behind, resulting in late filings, incorrect data submissions, and costly IRS penalties. ACA-Track eliminates these challenges by providing businesses with an efficient, automated system for managing ACA compliance tasks with ease.

Key Features That Make ACA-Track a Powerful Compliance Tool

ACA-Track is packed with advanced features that help businesses stay compliant with ACA regulations, reduce administrative burden, and automate time-consuming tasks. These features include:

• Automated Eligibility Tracking: ACA-Track tracks employee eligibility for health coverage in real-time, identifying full-time employees who qualify for benefits under ACA guidelines. The platform also monitors changes in employee status, such as when a part-time worker becomes full-time or when a variable-hour employee hits the 30-hour threshold, ensuring that no employee’s eligibility goes unnoticed.
• Customizable Reporting: ACA-Track allows businesses to generate customizable reports based on specific employee groups, coverage plans, or reporting periods. Whether you need to track hours worked, full-time equivalent (FTE) calculations, or eligibility status, ACA-Track provides the flexibility to tailor reports to your needs, saving you time and ensuring accuracy in your reporting.
• Real-Time Alerts: With ACA-Track’s proactive alert system, you’ll receive notifications for key compliance milestones—whether it’s when an employee’s eligibility status changes, when a reporting deadline is approaching, or when a form requires review. This ensures that your team is always on top of ACA obligations and deadlines.
• Accurate IRS Form Generation: ACA-Track automates the generation of IRS-required forms, including 1095-C and 1094-C, pre-populating the forms with accurate employee data. The platform checks for common errors before the forms are submitted, ensuring that your reports are error-free and compliant with IRS regulations.
• Automated Filing with the IRS: Once your forms are generated, ACA-Track allows you to electronically file them with the IRS directly through the platform. This eliminates the need for manual submission and helps ensure that your forms are filed on time, reducing the risk of penalties.

Minimize Errors and Avoid Penalties

One of the most significant challenges in ACA compliance is minimizing the risk of errors. Even small mistakes—like incorrectly categorizing an employee or misreporting hours worked—can lead to costly penalties from the IRS. ACA-Track eliminates this risk by performing automatic error-checking throughout the reporting process.

The platform validates all employee data before submission, ensuring that missing hours, incorrect codes, or other discrepancies are flagged for review. If any errors are detected, ACA-Track alerts you immediately, giving you the opportunity to correct the information before submitting it to the IRS. This proactive error-checking feature is essential for reducing the risk of penalties, audit issues, and compliance setbacks.

Scalable for Growing Businesses

As your business grows, managing ACA compliance becomes more complex. ACA-Track is designed to scale with your business, making it easy to handle an increasing number of employees, multiple EINs, and diverse coverage plans. Whether your business is just starting out or has multiple locations and subsidiaries, ACA-Track is flexible enough to handle your unique needs.

For larger organizations, ACA-Track can manage multiple employee classifications, track different measurement periods, and generate detailed reports for each subsidiary or location. The platform’s scalability ensures that as your business expands, ACA compliance remains straightforward and manageable.

Audit-Ready Reports for Peace of Mind

In the event of an audit, businesses must be able to provide accurate and complete records to the IRS. ACA-Track helps ensure that your business is always audit-ready by storing all ACA-related data in one secure location. With ACA-Track, you can easily retrieve historical reports, track changes over time, and provide all necessary documentation for an audit.

The platform’s detailed reporting and audit support features make it easy to respond to audit inquiries promptly, ensuring that your business remains compliant and minimizes the risk of penalties. ACA-Track’s audit-ready reports also give you peace of mind knowing that you have complete and accurate records at your fingertips whenever needed.

Expert Support for Ongoing Compliance

At ACA-Track, we understand that ACA compliance is an ongoing responsibility. That’s why every client is assigned a dedicated account manager who provides ongoing support and guidance. Whether you need help with troubleshooting, interpreting ACA regulations, or ensuring that your system settings are up to date, ACA-Track’s expert team is available to assist you at every stage of the compliance process.

In addition to personalized support, ACA-Track offers ongoing software updates and training to ensure that your team stays informed about the latest ACA requirements and best practices. With ACA-Track, you can rest assured that your business will continue to meet its ACA obligations year after year, without the stress and uncertainty that often accompany compliance management.

Start Simplifying Your ACA Compliance Today

ACA compliance doesn’t have to be overwhelming or time-consuming. With ACA-Track, businesses can automate data collection, monitor eligibility, generate accurate IRS forms, and stay on top of deadlines with ease. The platform’s advanced features, scalability, and expert support make it the perfect solution for businesses looking to streamline their ACA compliance efforts and minimize risk.

Ready to simplify your ACA compliance process? Visit ACA Compliance Services to learn more about how ACA-Track can help your business stay compliant and ensure long-term success.