Affordable Care Act Compliance
Since its inception, the ever-changing requirements of the Affordable Care Act (ACA) has likely complicated managing your business’s workforce. According to the ACA, employers with more than 50 full-time equivalent (FTE) employees must meet the demands of mandated reporting requirements to remain compliant and avoid steep penalties.
DM Payroll Solutions’ ACA compliance features can help you stay compliant by:
- Managing your pre-tax payroll health care coverage deductions
- Tracking average hours worked by employees
- Calculating your FTE employee headcount from month-to-month
- Alerting you of employee eligibility for ACA benefits
- Preparing 1094-C and 1095-C forms for regulatory filings and distribution to employees
ACA compliance can be tricky, so it’s important to play it safe and partner with a payroll company that’s familiar with the regulations. DM Payroll Solutions’ automated tools will proactively manage and simplify your ACA compliance efforts. To learn more, contact us today.