SyncStream Simplifies ACA and EEOC Compliance

The Affordable Care Act's (ACA) employer mandate requires Applicable Large Employers (ALEs) offer affordable health insurance that provides minimum value to 95% of full-time employees and their dependents. These companies must submit 1094 and 1095-C tax forms about their provided health benefits to the Internal Revenue Service (IRS). This mandated filing is extremely complex and can require a significant amount of your employees' effort and time. Not to mention that noncompliance leads to significant financial penalties. Simarily, the Equal Employment Opportunity Commission (EEOC) requires employers that employ 100 or more employees to submit annual workforce data using the EEO-1 form. With SyncStream you get industry leading expertise and unmatched customer service.

We simplify compliance by combining...

Cutting Edge Technology

Subject Matter Expertise

World Class Customer Service

Who we serve...

Employers

Payroll Vendors

Benefit Systems

Advisors

TPAs

PEOs

SyncStream is not a one-size-fits-all solution. We handle complex and custom filing situations. Bring our latest compliance tools and expertise to your business by contacting us today. Simplify your compliance with SyncStream. Our solutions are easy to integrate, user-friendly, and have the complex laws built right into the logic taking away the risk of noncompliance. Our products can also be white-labeled for resale.

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SyncStream has many software solutions available for tracking, reporting and filing. Each program has different features to meet employer's particular needs. We also support state level filings that have recently become mandated, such as the New Jersey ACA filing and the Washington DC ACA filing.

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Learn more about SyncStream's technology solutions today — fill out our contact form or call us at 877-291-9256.

Read our most recent Blog entries!

How the ACA Affects Multiemployers and What to Do About It

Written by Arthur Tacchino, J.D., Chief Innovation Officer on Monday, 12 October 2020

Some group health plans are established by more than one employer. This is the case with multiemployer plans. These plans are commonly labeled as health and welfare plans, as they may include health care, life insurance and disability insurance benefits. Most plans are indemnity plans, meaning payments are made for services provided.

Are you an HR manager or admin of a medium to large business that has implemented a multiemployer health plan? At SyncStream, we handle Affordable Care Act (ACA) reporting for multiemployer health plans and can provide the compliance solutions you need.

California Enacts Expanded Pay Data Reporting

Written by Arthur Tacchino, J.D., Chief Innovation Officer on Monday, 05 October 2020

On September 30^th California signed a law that expands employer pay data reporting. The reporting requirement mirrors that of the EEOC’s Component 2 reporting requirements, which since has not been renewed by the EEOC. SB 973, requires that private employers with 100 or more employees must annually report to the state detailed pay data categorized by gender, race, and ethnicity. Employers will report to the Department of Fair Employment and Housing (DFEH) by March 31, 2021 and every March 31 thereafter.

ACA Compliance: Full-Time, Part-Time and Temporary Employees

Written by Arthur Tacchino, J.D., Chief Innovation Officer on Wednesday, 26 August 2020

Navigating reporting with multiple different types of employee working hours can be quite challenging. Since the enactment of the Affordable Care Act, questions and debates have arisen about the impact of this law on third-party staffing arrangements. Many companies offer temporary and part-time employees lower-tiered benefits, if any. If you have employees working a variety of hours, how can you ensure your business is ACA-compliant?

We have developed this guideline to ACA compliance for full-time, part-time and temporary employees to help you understand the definitions of different employees and navigate ACA compliance.

ACA Reporting for 2020 Just Got More Complicated!

Written by Arthur Tacchino, J.D., Chief Innovation Officer on Wednesday, 15 July 2020

This year has been an odd one to say the least. We have seen one unprecedented situation unfold after another and it is unclear if there is an end in sight. For employers that are struggling to decide whether to lay off employees, comply with state and local ordinances that change from week to week, and possibly how to fund the next payroll cycle Affordable Care Act (ACA) compliance may not seem like a real concern, or just a minor one in the back of an employer’s mind. However, if gone unaddressed ACA noncompliance could produce a knockout blow (financially speaking) just at a time where employers may be getting back on their feet financially.

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