ACA Recipient Copies Must Be Distributed By March 2, 2023; ACAwise Offers Full-Service ACA Reporting

ROCK HILL, SC / ACCESSWIRE / February 28, 2023 / The IRS requires Applicable Large Employers (ALEs), PEOs, TPAs, insurance providers, and all other mandated filers to distribute copies of Forms 1095-B/C to their employees and recipients. There are also a few states that require copies to be distributed to their residents. The IRS requires that these copies be distributed no later than March 2, 2023. When it comes to filing forms with the IRS, electronic filing is due by March 31, 2023.

ACAwise offers complete e-filing solutions and provides flexible options that remove the burden for businesses completing their ACA reporting in-house. The ACAwise team has the abilityto generate ACA forms and create form 1095-c line 14, and 16 codes as needed using the business’s existing payroll data.

Additionally, businesses and service providers can choose from customized features like postal mailing and online access for recipient copies, TIN Matching, and even State-Mandated ACA reporting.

With ACAwise, businesses can complete State-mandated ACA reporting with California, The District of Columbia, Massachusetts, New Jersey, and Rhode Island.

ACAwise services also include ICHRA reporting for employers who have offered ICHRA plans for the tax year 2022. This includes the generation of the ICHRA-specific codes. ACAwise is also equipped to handle tricky reporting scenarios such as COBRA, rehires, and terminations.

ACAwise, a full-service ACA reporting software is able to create solutions for businesses and organizations of all shapes and sizes. Businesses can choose from the following services based on the needs of their organization:

• ACA Core services are designed for those who have all the information required for ACA reporting and are seeking a complete solution for Form generation and e-filing with the IRS and any required state(s).
• ACA Elite services are designed for those who are not familiar with the Form 1095-C codes. The ACAwise team will generate and e-file the ACA forms complete with these codes. The codes are generated based on the business’s payroll records.

When asked about the upcoming ACA reporting deadlines, CEO and Co-founder of SPAN Enterprises, the parent company of ACAwise, Agie Sundaram stated, “In light of the upcoming deadlines, our team is here to remind businesses and service providers that we offer a simple, full-service ACA reporting solution. As the IRS plans to increase the ACA penalties once again for 2023, accurate reporting is crucial. Reach out to our expert team today to begin the process and get your organization’s reporting back on track.”

About ACAwise

Created in response to the Affordable Care Act, ACAwise is a full-service reporting provider. The experienced team at ACAwise is able to carry out the ACA reporting needs for organizations of any size. The ACAwise solution includes data validations, the generation and e-filing of accurate Forms 1094-B/C and 1095-B/C with the IRS and state, complete ACA code generation, recipient copy distribution, past-year filing, and more.

About SPAN Enterprises

Based in Rock Hill, South Carolina, SPAN Enterprises has been developing industry-leading software solutions for IRS e-filing and business management tools for over a decade.

The SPAN Enterprises portfolio of products includes ACAwise, TaxBandits, Tax990, ExpressExtension, 123PayStubs, and TruckLogics.

For any media inquiries, please reach out to Stephanie Glanville, Content Writer at [email protected].

Please direct all media inquiries to Stephanie Glanville, Content Writer, at [email protected].

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SOURCE: ACAwise