Affordable Care Act
PayServ’s ACA Compliance Kit offers reporting and filing services that businesses need in order to remain compliant with the Affordable Care Act.
Helping You Navigate The ACA
A Full-Service Solution
The Affordable Care Act has changed the way we address workforce management solutions in today’s business world. The induction of the ACA has brought additional compliance risks, increased complexity in regulations and potential confusion for many business owners. Armed with the right knowledge, technology and regulatory expertise, PayServ can assist you with all your ACA concerns. We provide employers with a solution that helps manage crucial employer related elements of Health Care Reform, including ACA coverage, eligibility and compliance.
PayServ Systems will address your questions and give you streamlined reporting for all your business needs. We simplify processes around ACA compliance to help avoid steep penalties. By utilizing fully integrated cloud-based technology we can generate ACA Service Kits that will simplify your tax reporting. We provide year-end reports and monthly maintenance reports in order to assist you with remaining in compliance with the ACA. This provides you and your tax preparer unlimited access to this time saving compliance data.
Your Dedicated ACA Specialist can assist you with:
- IRS Filing: Assistance with generating and filing 1094-C and 1095-C forms as required by the IRS.
- Employee Forms: Assist with the preparation and printing of forms for all your employee needs.
- ACA Reporting: Our platform is an easy to use solution to access readily available reports such as: ACA Employee Information Report, ACA Employer Shared Responsibility Report, ACA Measurement Period/Stability Report and the ACA Small Business Health Care Tax Credit Report. See Definitions
- Live Support
Don’t forget! You may be eligible for a tax credit if you have less than 25 employees. Contact us today for details!
ACA Employee Information Report: Designed for HR maintenance and accurate employee data reporting. It includes date of hire, termination, rehire, first check, last check as well as number of weeks worked. It also includes those employees who have met the seasonal employee requirements.
ACA Employer Shared Responsibility Report: Generates full time equivalency (FTE) count for corporate tax filing. It has a minimum 6 month look back period. Your tax preparer will need this!
ACA Measurement Period/Stability Report: Utilizes date flexibility to measure new hires’ benefit eligibility. Designed to have a set look-back period and be delivered as part of the payroll process.
ACA Small Business Health Care Tax Credit Report: Calculates a full time equivalency (FTE) as it pertains to the SBHC tax credits for those small business owners who provide health coverage to their employees. It’s also designed to use a 1 year look-back period. Your tax preparer will need this!