ACA Compliance in Maryland: Simplifying Tracking and Reporting for Employers
ACA compliance can be overwhelming for businesses in Maryland, especially when it comes to tracking employee hours, Full-Time Equivalent (FTE) status, and ensuring timely and accurate reporting. As the complexity of managing benefits eligibility, 1094-C, and 1095-C forms increases, ACA-Track provides a streamlined, user-friendly solution that ensures you’re always compliant, avoiding costly penalties.
ACA-Track simplifies compliance by automating the collection, monitoring, and reporting of all employee hours worked, including part-time, variable-hour, full-time, paraprofessional, and substitute employees. You can easily integrate data from any payroll system or HRIS to track employee eligibility and benefits. ACA-Track will help you monitor eligibility thresholds and send advance alerts to avoid surprises.
Track Part-Time and Full-Time Employees with Precision
Managing a diverse workforce is no small feat, but with ACA-Track, keeping track of part-time and full-time employees has never been easier. Our system tracks hours worked across multiple systems—whether through timekeeping software, mobile apps, or manual time sheets—ensuring your reports are always accurate. The software calculates Full-Time Equivalent (FTE) status, keeping you on top of ACA eligibility for employees of all types.
FTE and Benefits Eligibility Monitoring
ACA-Track makes monitoring eligibility thresholds seamless. You’ll receive alerts whenever an employee exceeds the necessary hours to qualify for benefits, ensuring timely decisions and helping you avoid ACA penalties. This proactive approach gives you peace of mind, knowing that your company is meeting its ACA obligations on a continuous basis.
Efficient 1094-C and 1095-C Reporting
Generating the required 1094-C and 1095-C forms for ACA compliance is a breeze with ACA-Track. The software automatically calculates the necessary codes for both forms, generates reports, and provides options for e-filing directly with the IRS using your Transmitter Control Code (TCC). You can also opt for a full-service print and mail option for Form 1095-C delivery, making ACA compliance even more convenient.
Waiver Tracking and IRS Error Remediation
Waiver tracking is essential to ACA compliance, and ACA-Track makes this process easy to manage. The platform tracks waiver eligibility, ensuring that your employees’ decisions are in line with ACA requirements. Additionally, if you encounter IRS reporting errors, ACA-Track allows you to review, correct, and resubmit files directly through the software, eliminating the back-and-forth typically involved in error resolution.
Data Integrity and Reporting
Data integrity is critical when it comes to ACA compliance, and ACA-Track excels in this area. With real-time data integrity checks during each data load, the software ensures that your reports are accurate and error-free. Detailed compliance reports help you keep track of employee statuses and provide insights into key metrics, so you’re always prepared for an IRS audit or state healthcare exchange request.
Dedicated Support for Maryland Employers
In Maryland, ACA compliance can be a complex process, but with ACA-Track, you’ll have a dedicated account manager who understands your business. Our client support ensures that you never navigate the complexities of ACA compliance alone. From data issues to IRS error remediation, our team is available to guide you every step of the way.
Secure and Seamless Integration
ACA-Track integrates seamlessly with any payroll system or HRIS, providing you with a simple, secure platform to manage ACA compliance. The system is SSAE 16 SOC 2 Type 1 compliant and uses encrypted data transfers to ensure your information is always protected. You can rest assured knowing your employee data is secure and managed in compliance with all regulations.
Discover More About ACA-Track
Whether you’re a small business with 50 full-time employees or a larger organization in Maryland, ACA-Track simplifies ACA compliance and eliminates the risk of penalties. Our solution is flexible, secure, and designed to grow with your business. Learn more about how ACA-Track can help your business stay compliant by visiting the following links:
