Recently, ComplyRight took a big step toward offering ACA reporting forms to businesses. Its forms -- including the 1095-B, 1095-C and transmittal forms 1094-B and 1094-C– were fully approved by the IRS and deemed 100% compliant.
“This significant accomplishment required ongoing communication with the IRS and other industry experts,” says Richard Roddis, President. “We closely monitored all developments to ensure our forms were designed efficiently, correctly and according to strict government standards.”
Interestingly, ComplyRight forms differ slightly from the standard IRS versions. Although this may seem unusual, it’s not uncommon to have minor variations of the same tax form.
“We decided to modify the format of our ACA forms so they are compatible with standard double window envelopes,” Roddis says. “We felt this accommodation would be appreciated by employers who mail employee copies. Fortunately, the IRS agreed.”
In addition to manufacturing and distributing the forms and corresponding envelopes, ComplyRight has developed proprietary ACA reporting software with e-file capabilities. ComplyRight also will offer comprehensive print-and-mail services out of a SOC- and HIPAA-certified facility.
“Our print and mail outsourcing is a perfect solution for health plan providers, payroll service providers and employers seeking high-volume processing of ACA forms 1095-C,” Roddis says. “Plus, as an IRS-approved e-filer, we can file your form data electronically with government agencies for efficient, one-stop processing.”
Although the new ACA reporting laws are complex, ComplyRight is carving out a clear path. “Helping businesses navigate the complexities of regulatory compliance is our company’s number one priority,” Roddis says.