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    Still accepting clients for 2019 ACA and NJ filings!

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  • Affordable Care Act E-filing due March 31st! Noncompliance is more costly in 2019 than in any other prior year! Contact us to learn about special offers!
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SyncStream Simplifies Compliance

Click here to better understand the cost of ACA noncompliance!

ACA Compliance:

The employer mandate of the Affordable Care Act (ACA) creates complex compliance obligations for Applicable Large Employers (ALEs).  They must track the hours of service worked by their variable hour workers and determine their ACA full-time status.  In addition, employers must report information to the employee and the Internal Revenue Service (IRS) using the 1094 and 1095-C forms.  Failure to comply can lead to significant penalties.  SyncStream simplifies the most complex ACA tracking and reporting obligations.  Our software eliminates the risk of noncompliance by having ACA regulations and logic built directly into the system.  It also creates efficiencies for employers that allow their employees to focus on more value based work for the company.  

SyncStream's cloud-based ACA solutions are designed to aggregate employer tracking, plan and coverage information, populate the IRS ACA reports, and prepare for e-filing to the IRS. CLICK HERE TO LEARN MORE 

We also offer solutions that track workforce data and populate the EEO-1 form, which employers submit to the Equal Employment Opportunity Commission (EEOC) on an annual basis.  EEO-1 Comply has a survey management tool to gather employee-reported data, and then compiles with wage information to populate the EEO-1 report. CLICK HERE TO LEARN MORE

Four Stages of ACA and EEOC Compliance

  • Stage 1: Struggle with complex compliance requirements...

    Employers struggle to handle the complex compliance obligations of the Affordable Care Act and EEO-1 reporting.
  • Stage 2: Employer seeks a solution and finds SyncStream!

    The inefficiencies and struggles of manual compliance efforts often lead employers to seek out technology solutions that can streamline compliance.
  • Stage 3: Implementing SyncStream technology...

    SyncStream offers user friendly, simple to integrate solutions that create efficiency and ensure compliance.
  • Stage 4: Save time, achieve compliance, and unlock strategic focus!

    By choosing SyncStream you are saving time, achieving compliance, and allowing your employees to focus on valuable strategic focused work!

Read our most recent Blog entries!

ACA Penalties have no statute of limitations!

ACA Penalties have no statute of limitations!

We are neck deep in the current ACA reporting cycle and while the main focus of employers should be meeting their fulfillment and e-filing deadlines, it is important they take note of a clarification recently made by the Internal Revenue Service.  The IRS has stated that penalties for noncompliance with the Employer Shared Responsibility Tax have no statute of limitations on when the IRS can impose them.  This means that employers are never “safe” or “out of the woods” from receiving penalty letters, even from the very first reporting season, which happened in the spring of 2016.  This clarification came from the Chief Counsels Office at the IRS, and the entire memorandum can be read here: https://www.irs.gov/pub/irs-lafa/20200801f.pdf

Read more

Fifth Circuit Rules Individual Mandate Unconstitutional: However, case gets one step further from the Supreme Court

Fifth Circuit Rules Individual Mandate Unconstitutional: However, case gets one step further from the Supreme Court

On Wednesday, December 18th, The Fifth Circuit Court of Appeals ruled in a 2-1 vote that the individual mandate of the Affordable Care Act was unconstitutional.  As a refresher, the individual mandate required U.S. citizens to purchase healthcare coverage or pay a penalty.  However, the penalties were zeroed out as part of the 2017 Republican Tax Reform bill.  The zeroing out of the penalties is what initially started the legal process that the Fifth Circuit ruled on yesterday. 

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IRS Grants 2019 ACA Reporting Relief

On December 2nd the Internal Revenue Service (IRS) released Notice 2019-63, which provides three sets of relief for the upcoming Affordable Care Act (ACA) reporting year.  This an early Christmas gift for employers and health insurers that are subjec to ACA reporting.  Two types of relief are very familiar if you have any experience with ACA reporting.  The third type of relief is new to this reporting cycle and only applies to health insurers that are required to provide the B Series forms, so it is somewhat irrelevant to employers in their compliance journey.

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How to remain ACA compliant during an acquisition

Affordable Care Act (ACA) compliance is likely the last thing on anyone’s mind during an acquisition.

But that would be a mistake.

Even when everything looks and feels similar after one company purchases another – the same employees, the same company name – that’s not true about their ACA reporting.

Read more