Join our SyncStream team as we will discuss - How to Avoid Painting an IRS/ACA Penalty Target on Your Client's Back
Our breakout session speaker include :
Shannon Scott, Chief Executive Officer, Trak Capital & SyncStream Solutions
Stacy Barrow, Chief Legal Counsel, SyncStream Solutions
Michelle Kershner, Sales Vice President, SyncStream Solutions
JoAnne Jones, America's Back Office
During this session, Shannon Scott will provide an overview of Trak’s HR Compliance Suite of tools while highlighting our PrismHR integrated ACA compliance solution: SyncStream Solutions. Stacy Barrow, SyncStream’s Chief Legal Counsel, and Michelle Kershner will discuses ACA Hot Topics, introduce our ACA PodCast series & introduce Client Testimonial from PrismHR PEO client: America’s Back Office.
SyncStream is the only ACA reporting tool that insures clients from ACA penalties:
Made possible by a data sharing partnership with PrismHR,
Tim Pratte | PrismHR President of HRO Business Unit
ACA compliance can be overwhelming, but it doesn't have to be.
Let the experts at SyncStream handle it for you so you can focus on what you do best: running and growing your PEO or Staffing Company.
PEOS NEED ACA COMPLIANCE: According to the Internal Revenue Service (IRS), many entities classified as applicable large employers (ALEs) use a third party — such as a PEO or staffing company — to handle part of their payroll and tax responsibilities. When considering the pros and cons of PEOs, many companies hesitate to make the investment because ACA requirements change often. To ensure ongoing compliance, employers want to know their compliance is in the hands of experts. Working with SyncStream gives your PEO access to our team, expertise, and technology for complete peace of mind.
STAFFING COMPANIES NEED ACA COMPLIANCE:
The majority of staffing firms qualify as large employers. Large employers are subject to a non-deductible excise tax if at least one full-time employee qualifies for subsidized coverage from a public health insurance exchange. Tracking hours for employees you pay directly is crucial. Unfortunately, not all staffing agencies stay up to date on tracking their employees’ hours, which leads to unforeseen hiccups. No one wants to find themselves scrambling for information right before it’s time to file. This can be especially problematic if you’re a staffing agency. To avoid potential pitfalls, make sure you track the number of your full-time equivalent employees to see if you’re an ALE and properly record the hours worked by full-time, part-time, and seasonal employees. Learn more about how to stay on top of ACA regulations
Partner with SyncStream to Protect Your Streamline ACA Reporting
SyncStream's team of certified compliance experts provide your employers with periodic compliance reviews, a dedicated account representative, and comprehensive coverage for those employers onboarding/offboarding your PEO.
Streamlined Filing
SyncStream's solutions make it easy for employers to meet ACA compliance requirements by providing a streamlined workflow that combines employer data with ACA analytics.
Ease of Use for PrismHR PEO
& Staffing Companies
Direct access to clients’ information, analytics, and reports, at your fingertips through the Admin Dashboard.
Dedicated Account Representative
You will be assigned a dedicated account representative. The account representative will provide weekly/monthly touch points and detailed training.
SyncStream's Full-Service Total ACA ™ solution offers the complete toolset needed to properly track, manage, file and defend your Affordable Care Act compliance.
Total ACA includes tracking and reporting of variable hour employee tracking, managing plan information and enrollment data, and populating codes.
Total ACA’s team of Compliance Experts guides you through the year-end process of printing and mailing of 1095 forms and E-Filing of 1094/1095 forms to the IRS.
Resources
SyncStream Solutions, LLC is recognized by SHRM to offer Professional Development Credits (PDCs) for SHRM-CP® or SHRM-SCP® recertification activities.
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