ACA Compliance for Wisconsin Businesses: Simplified Tracking, Reporting, and Support
Staying compliant with the Affordable Care Act (ACA) can be a daunting task for businesses in Wisconsin, especially when it comes to tracking hours, managing eligibility, and submitting accurate 1094-C and 1095-C forms. With ACA-Track, you can simplify the entire process and ensure your business meets all ACA requirements without the headache of penalties or errors.
Track Employee Hours for Full ACA Compliance
In Wisconsin, ACA compliance hinges on correctly tracking employee hours across all categories, including full-time, part-time, and variable-hour employees. ACA-Track integrates seamlessly with your existing payroll and timekeeping systems, capturing actual hours worked from multiple sources such as time sheets, automated time clocks, and mobile device entries. With ACA-Track, tracking hours is hassle-free, whether your workers are full-time, part-time, or temporary.
Monitor Employee Eligibility with Alerts
Ensuring that your employees meet ACA eligibility requirements is critical. ACA-Track automatically monitors employee eligibility thresholds, sending advance alerts when an employee’s hours exceed the full-time threshold or when any changes in employment status occur. Whether you’re tracking hours worked for full-time equivalency (FTE) calculations or monitoring leaves of absence, ACA-Track provides real-time insights to keep you ahead of potential compliance issues.
Easy Tracking of Full-Time Equivalent (FTE) Employees
Calculating FTE status is essential for ACA compliance, particularly for businesses with 50 or more full-time employees in Wisconsin. ACA-Track simplifies the process by automatically calculating FTEs based on employee hours worked and maintaining accurate records for 1094-C and 1095-C reporting. Whether you’re adjusting for new hires, measuring stability periods, or tracking variable-hour employees, ACA-Track ensures your FTE calculations are always accurate.
Comprehensive 1094-C and 1095-C Reporting
When it comes to ACA reporting, businesses in Wisconsin must submit Forms 1094-C and 1095-C to the IRS. ACA-Track creates these forms electronically, calculates the necessary codes, and allows for seamless e-filing with the IRS. No more scrambling to meet deadlines or worrying about errors. Our software ensures that your forms are correctly completed, eliminating the risk of penalties or audit issues.
Benefit Eligibility and Waiver Tracking
Tracking employee benefits eligibility and managing waivers is a critical component of ACA compliance. ACA-Track allows you to monitor employee eligibility for health coverage and track waivers. Whether you offer a self-insured plan or use a third-party carrier, ACA-Track keeps all your benefit-related data organized and ready for IRS reporting. Plus, with our waiver tracking feature, you can easily manage employees who opt-out of coverage.
Data Integrity and IRS Error Correction
One of the most challenging aspects of ACA compliance is ensuring the accuracy of data submitted to the IRS. ACA-Track has a built-in error-checking system that flags potential issues and allows you to correct them before submission. If your business receives an IRS penalty or error notice, ACA-Track offers error remediation and direct support from a dedicated Account Manager to help you resolve issues quickly and minimize penalties.
Customized Support from Your Dedicated Account Manager
At ACA-Track, we understand that ACA compliance can be complex, especially for businesses managing multiple EINs, employee groups, or complex reporting needs. That’s why each ACA-Track client receives a dedicated Account Manager to guide them through the entire process. From data uploads and IRS corrections to ongoing compliance support, your Account Manager will be with you every step of the way, ensuring your compliance is seamless and stress-free.
Secure, Cloud-Based ACA Tracking
ACA-Track ensures the security and privacy of your data with a cloud-based infrastructure that complies with the latest SSAE 16 SOC 2 Type 1 standards. Your employee data, including personal identifiers, is encrypted to prevent exposure in the event of a data breach. All data transfers are conducted via HTTPS, ensuring the highest level of security for your ACA compliance data.
Get Started with ACA-Track Today
Whether you’re managing a single business or handling ACA compliance for multiple clients in Wisconsin, ACA-Track is the solution you’ve been looking for. Our user-friendly software is designed to make ACA tracking, reporting, and compliance as easy as possible. Learn more about our features and start simplifying your ACA compliance today.