In 2010 the Affordable Care Act (ACA), often referred to as “Obamacare,” was signed into law, providing more Americans with health insurance coverage that is affordable and meets a minimum value. Beginning in 2015, the ACA generated additional reporting responsibilities for employers and insurance carriers pursuant to IRC Section 6055 & 6056. The IRS ACA reporting requirements apply to employers with 50 or more full-time employees.
Each client is assigned a dedicated account representative who is fully trained on all aspects of the requirements of the ACA. Our highly trained professionals will conduct a comprehensive assessment of your company’s health plan and employee workforce to truly understand your reporting needs. We provide a highly secure portal with robust proprietary software that will code the complex 1094-B, 1095-B, 1094-C, and 1095-C to meet the IRC 6055 and IRC 6056 reporting obligations. SPS/GZ’s ACA experts will thoroughly review the data prior to form creation, including a specific review for penalty triggers. SPS/GZ accepts imports from all major payroll and HRIS systems. Clients can upload exports directly to our secure portal, and SPS/GZ will compile the necessary information to create, print, mail and file the applicable forms.