top of page
CarAndBike_2023.jpg

Let's face it.  There's a BIG difference among 1095/1094 vendors and most employers don't know the difference until it's too late.  You can buy "the bike" and yes, it's better than walking, or you can buy "the car" which is much faster, safer and more comfortable.  Wouldn't you prefer a car over a bicycle?  Please allow us to explain.

The bicycle can in fact get you from Point A to Point B with a lot of pedaling assuming you have the time to bike (not to mention a high likelihood of getting lost and getting soaked in a downpour).  Metaphorically speaking, that translates to you having to figure out which Line 14 offer of coverage code and which Line 16 employee status code goes in each month for each recipient.  It also leaves too much to chance, particularly since the IRS did away with "transitional good faith relief" last year and thousands of employers recieved IRS penalty letters.  

 

The car on the other hand when equipped with GPS gets you to your destination with less work and saves so much time!    The GPS actually figures out all the hard stuff so you don't have to.  More good news, our solution has been in production since 2015 and we've processed more than 1,000,000 recipients.  Oh and by the way, if you prefer a "limo" (ACA consulting, data management, call center, return-to-sender handling, and fully outsourced processing), we provide those services too.

1095 and 1094 Audits

1) Are you concerned about prior year filings?

2) Would you like assurance your 2022 reporting year forms and filings are accurate?

3) Are you 100% confident you accurately calculated eligibility for hourly and variable hour employees?

 

Said another way, if you want to mitigate IRS penalty risk please contact us and one of our audit specialists will be happy to discuss your situation.

Please contact us now at 201.891.8010 to learn more.

bottom of page