ACA Compliance for Ohio Businesses
Staying compliant with ACA (Affordable Care Act) regulations can be complex, especially when managing a diverse workforce across multiple systems. Whether you’re tracking hours for part-time workers, calculating full-time equivalents (FTEs), or navigating the nuances of benefits eligibility, ACA-Track simplifies the process and ensures your business stays compliant. With ACA-Track, Ohio businesses with 50 or more full-time employees can confidently manage ACA compliance and reporting.
Tracking Hours for Part-Time and Variable Hour Employees
In Ohio, as in the rest of the country, ACA compliance requires accurate tracking of employee hours. ACA-Track integrates with your payroll and HR systems to collect actual hours worked for all employee types, including part-time, variable-hour, and substitute workers. This data is essential for determining FTE status, tracking eligibility for healthcare coverage, and ensuring you meet ACA reporting requirements.
Understanding Full-Time Equivalent (FTE) Calculations
The ACA requires businesses to calculate FTEs to determine if they are subject to the Employer Mandate. ACA-Track automatically calculates FTEs based on the hours worked by your employees. With tools like the ACA Full-Time Employee Calculator, you can quickly determine your full-time employee count and assess your compliance obligations. No need to manually calculate, ACA-Track does it for you.
Employee Benefit Eligibility Alerts
Tracking employee benefit eligibility is vital to remain compliant with ACA regulations. ACA-Track offers automatic alerts for employees who exceed eligibility thresholds, ensuring you never miss a key compliance deadline. These alerts allow you to proactively manage benefits enrollment, avoid penalties, and stay on top of changes in employee status.
Accurate 1094-C and 1095-C Reporting
Filing the 1094-C and 1095-C forms is a crucial part of ACA compliance, and ACA-Track ensures you meet these requirements with ease. ACA-Track generates accurate Form 1095-C and Form 1094-C reports, calculates the necessary IRS codes, and offers both PDF delivery and full-service print/mail options. With ACA-Track’s comprehensive reporting, you can file directly with the IRS, reducing the risk of errors and audits.
Waiver Tracking and Compliance Reporting
Waiver tracking is essential to ensure employees who opt out of coverage are properly documented. ACA-Track’s waiver tracking feature keeps a record of waivers for each employee, ensuring compliance with ACA’s reporting requirements. Additionally, the system allows for real-time tracking of any changes in employee status, including new hires, terminations, or changes in coverage status.
IRS Error Resolution and Audit Support
In the event of an IRS audit or penalty, ACA-Track provides robust support. Our dedicated account managers help with error corrections and resubmissions, ensuring that all ACA reporting is accurate. ACA-Track proactively identifies errors and allows you to resolve them quickly, avoiding penalties. Additionally, our software includes error notification and real-time correction features, so you don’t have to navigate IRS errors alone.
Multiple EINs and Complex Compliance Made Easy
If your Ohio business operates under multiple EINs, ACA-Track can handle the complexity. Our system ensures that data is uploaded under the correct EIN, preventing costly mistakes. Whether you have multiple entities or are tracking employees across different states, ACA-Track simplifies your ACA compliance across all your business units.
Dedicated Support for ACA Compliance
One of the key benefits of ACA-Track is our dedicated account manager support. From data issues to IRS corrections, your dedicated account manager is with you every step of the way. No call menus, no automated systems—just direct access to an expert who knows your business and can assist with any ACA compliance question or concern. We’re here to make ACA compliance easy, so you can focus on growing your business.
Why ACA Compliance is Critical for Ohio Employers
As an Ohio business with 50 or more full-time employees, ACA compliance is not optional—it’s a legal requirement. Non-compliance can result in costly penalties, audits, and legal challenges. With ACA-Track, you ensure that your business meets all the ACA regulations, reducing the risk of penalties and increasing operational efficiency.
Learn more about how ACA-Track can simplify your compliance process and ensure you meet all federal and state reporting requirements. Explore our ACA Tracking and Reporting Services or get answers to your questions on our FAQ page.
Discover how ACA-Track can make your ACA compliance easy and stress-free. Learn more about ACA-Track and how our solutions can help your business stay compliant and efficient.
