SyncStream Simplifies 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