Top 5 Ways Questco helps with your ACA compliance

Top 5 Ways Questco helps our clients with the Affordable Care Act.
You are required to perform complex calculations to determine the size of your business for ACA compliance. Depending upon your assumptions, you could find yourself exposed to penalties for failing to provide adequate and affordable coverage to full-time employees. Questco is in a unique position to help with numerous compliance tasks

 

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Help With ReportingEveryone is talking about the new IRS reporting requirements for 2016, but just what does it all mean?

Reporting under the IRS Section 6055 will be sent out to individuals from health plan carriers via 1095-A and 1095-B forms
Employer reporting is captured under the IRS Section 6056 explaining that employees should receive 1095-C forms from employers
1094 forms are the batch transmittal to the IRS from the health plan carriers and employers directly to the IRS

Good News – Questco is making it easy for our employers by gathering the information to complete and send the employer required 1095-C forms to employees and the 1094-C forms to the IRS.

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