ACAwise

Earlier, filing form 1095 C with the IRS is fairly easy for employers because of its usual format. But for the 2021 ACA reporting, the IRS added new lines and ACA codes related to the ICHRA plan effective from January 1, 2020, which makes it difficult for employers to understand and report their ACA information to the IRS on-time. Hence, to make it effortless and timely file the ACA  information to the IRS, ACAwise designed a 1095 software for employers. This helps employers to easily generate 1095 forms with ACA codes, print, and e-file unlimited forms 1095-C, 1094-C, 1095-B with the IRS on-time and make them stay ACA compliant forever!

The Best Features of 1095 Software

ACAwise designed a 1095 software in a way to make employers ACA reporting process an effortless one, below are its best features that make it stand out in the market.

Data Integration

Using this feature, employers can import their employee’s ACA data securely and quickly in any format and in multiple ways such as file upload, API, custom programming as per their convenience as possible. Our team of developers will convert it into an ACAwise system template format.

Data Validation

Once you import your data to us, we will conduct a pre-validation such as data integrity check and IRS Business Rules validations to ensure the data you share with us is accurate to IRS records. 

We also perform post validation processes like TIN Matching, IRS ACA XML Schema validations, USPS address validation to avoid form rejections from the IRS in the long run. 

1095 Form and Code Generation

One of the ACA reporting process’s crucial and difficult tasks is the generation of 1095 forms with the right ACA codes. It may be tough for even experienced filers.

When you choose our 1095 C software, you can stay relaxed. Once the validation process is completed from both the end, we will take care of generating the 1095 C form with ACA Codes based on the information you provide and e-file them to the IRS. 

Review Forms through Secure Portal

The process doesn’t end here. We will send the generated 1095 forms with codes for your review via email to get approval.

You and your applicable team members will have access to review the forms directly from your account in a pdf format

You also have the ability to review and make corrections to the forms offline by downloading them in an Excel format.

IRS and State E-filing

After the complete verification and we get approval from you, we will convert the generated 1095 C forms into an IRS acceptable format and electronically file your 1094 and 1095 information returns to the IRS via AIR system and with the states that have passed the State individual mandate within a deadline.

The state includes:

California

District of Columbia

New Jersey

Massachusetts

Rhode Island, and 

Vermont 

Recipient Copy Distribution 

The other important feature to help employers stay ACA complaint is that our 1095 C software handles distribution of 1095 form copies to enrolled employees within a deadline.

Besides, we also perform USPS address validations to ensure all your forms copies are mailed to the employee’s correct address. 

You can also opt for online access. This allows your employees to view and download their forms from the ACAwise secure online portal and save you from receiving unwanted ACA penalty letters.