ACA Compliance Solutions for Illinois Businesses
Struggling to manage ACA compliance requirements for your workforce in Illinois? With complex regulations, tracking employee hours, monitoring benefit eligibility, and preparing IRS filings can be a daunting task. ACA-Track is your trusted partner in simplifying ACA compliance, ensuring you stay ahead of regulations with minimal effort.
Why ACA Compliance Matters for Illinois Employers
Employers with 50 or more full-time employees (FTE) or full-time equivalents are required by the Affordable Care Act (ACA) to offer affordable health insurance to eligible employees and report coverage details to the IRS. Failure to comply can result in costly penalties, making accurate tracking and reporting essential for businesses of all sizes.
Tracking Hours for All Employee Types
Whether your workforce includes part-time, full-time, variable-hour, paraprofessional, or substitute employees, ACA-Track ensures precise hour tracking. The platform integrates seamlessly with any payroll system or HRIS, consolidating data from timekeeping systems, manual time sheets, automated time clocks, and mobile devices. You’ll have a complete view of your employees’ hours worked and their ACA eligibility status.
Use our ACA Full Time Employee Calculator to assess your compliance obligations.
Proactive Monitoring of Employee Benefit Eligibility
ACA-Track continuously monitors employee eligibility thresholds and provides advance alerts when thresholds are exceeded. This ensures you’re always aware of employees reaching full-time status, allowing you to offer benefits and avoid penalties. The platform also tracks events like benefit waivers, leave, and more for seamless compliance management.
1094-C and 1095-C Reporting Made Easy
ACA-Track simplifies federal and state reporting with automated generation of IRS Forms 1094-C and 1095-C. From calculating line codes to delivering forms in PDF format or via full-service print/mail, ACA-Track handles the complexities of ACA reporting. It also supports electronic filing directly with the IRS, including error correction and test file submissions.
Explore ACA Tracking and Reporting services.
Support for Part-Time and Variable-Hour Employees
Accurate tracking for part-time and variable-hour employees is critical for compliance. ACA-Track calculates FTE counts to determine your organization’s ACA obligations while preserving detailed records for every employee. The software’s snapshot feature ensures historical data accuracy for audits and compliance verification.
Data Validation and Error Correction
With ACA-Track, data integrity is a top priority. The platform detects and aggregates errors during data loads, allowing you to review and correct issues within the software. This eliminates back-and-forth adjustments and ensures error-free submissions. Additionally, ACA-Track provides direct notifications of IRS errors, making corrections straightforward and stress-free.
Comprehensive IRS Audit Support
ACA-Track stores all ACA-related data securely in one location, ensuring easy access during an IRS audit. With features like employee compliance summaries and detailed tracking reports, you’ll be well-prepared to respond to audit requests or state healthcare exchange inquiries.
Secure and Reliable Data Management
ACA-Track is built on a cloud-based platform certified under SSAE 16 standards, ensuring your data is protected. With encrypted personal information and secure data transfers, you can trust ACA-Track to maintain the privacy of your employees’ sensitive information.
Dedicated Account Manager and Expert Support
Every ACA-Track client receives a dedicated account manager who is your direct point of contact for any compliance concerns. From resolving data issues to assisting with IRS error corrections, your account manager ensures a smooth experience. ACA-Track’s proven expertise has helped organizations in Illinois and beyond confidently navigate ACA compliance.
Ready to simplify ACA compliance? Contact us today and let ACA-Track handle your tracking, reporting, and compliance needs with ease.
