benepay onetouch aca reporting solution 2016
TRANSCRIPT
![Page 1: Benepay OneTouch ACA Reporting Solution 2016](https://reader035.vdocuments.us/reader035/viewer/2022062503/587e1b1c1a28abbc2e8b60a7/html5/thumbnails/1.jpg)
![Page 2: Benepay OneTouch ACA Reporting Solution 2016](https://reader035.vdocuments.us/reader035/viewer/2022062503/587e1b1c1a28abbc2e8b60a7/html5/thumbnails/2.jpg)
Be IRS compliant with the ACA
How much did your
organization
struggle to be ACA
compliant this year?
![Page 3: Benepay OneTouch ACA Reporting Solution 2016](https://reader035.vdocuments.us/reader035/viewer/2022062503/587e1b1c1a28abbc2e8b60a7/html5/thumbnails/3.jpg)
2016 ACA REPORTING
REQUIREMENTS
![Page 4: Benepay OneTouch ACA Reporting Solution 2016](https://reader035.vdocuments.us/reader035/viewer/2022062503/587e1b1c1a28abbc2e8b60a7/html5/thumbnails/4.jpg)
2016 1095C FORM CHANGES
• Line 14 Codes were
expanded
• The Plan Start Month
had been added in 2015
but remains option for
2016.
![Page 5: Benepay OneTouch ACA Reporting Solution 2016](https://reader035.vdocuments.us/reader035/viewer/2022062503/587e1b1c1a28abbc2e8b60a7/html5/thumbnails/5.jpg)
2016 1094C FORM CHANGES
1. Removal of the option for “Qualifying Offer Method
Transition Relief”
2. The box for “Section 4980H Transition Relief”
remains as some non-calendar year plans may
qualify for this relief for some months in 2016
![Page 6: Benepay OneTouch ACA Reporting Solution 2016](https://reader035.vdocuments.us/reader035/viewer/2022062503/587e1b1c1a28abbc2e8b60a7/html5/thumbnails/6.jpg)
WHAT WORK DOES HR NEED TO DO?
1. Determine the status of each employee, every month2. Record these statuses every month3. Get the status onto the form4. Verify your work5. Mail the form to all current and former employees by
Jan 31st
6. File the summary report with the IRS by Feb 28th or electronically if over 250 forms generated.
![Page 7: Benepay OneTouch ACA Reporting Solution 2016](https://reader035.vdocuments.us/reader035/viewer/2022062503/587e1b1c1a28abbc2e8b60a7/html5/thumbnails/7.jpg)
FILING & DELIVERY DEADLINES
• Deliver Paper 1095 forms to employees by January 31st, 2017
• Deliver Paper 1094C Forms to the IRS by February 28th 2017
• Electronic Submittal of 1094C forms to the IRS by March 31, 2017
![Page 8: Benepay OneTouch ACA Reporting Solution 2016](https://reader035.vdocuments.us/reader035/viewer/2022062503/587e1b1c1a28abbc2e8b60a7/html5/thumbnails/8.jpg)
THE ONETOUCH
ACA REPORTING SOLUTION
![Page 9: Benepay OneTouch ACA Reporting Solution 2016](https://reader035.vdocuments.us/reader035/viewer/2022062503/587e1b1c1a28abbc2e8b60a7/html5/thumbnails/9.jpg)
HOW IT WORKS…
Employee/Dependent eligibility statuses are maintained in the ACA Dashboard.
OneTouch identifies 1095C code parings based on elected statuses.
1095C forms are generated and mailed by BPT BPT transmits 1094C and 1095C data electronically
to the IRS by March 31st , 2017.
![Page 10: Benepay OneTouch ACA Reporting Solution 2016](https://reader035.vdocuments.us/reader035/viewer/2022062503/587e1b1c1a28abbc2e8b60a7/html5/thumbnails/10.jpg)
FUNCTIONALITY OF THE
ACA DASHBOARD
![Page 11: Benepay OneTouch ACA Reporting Solution 2016](https://reader035.vdocuments.us/reader035/viewer/2022062503/587e1b1c1a28abbc2e8b60a7/html5/thumbnails/11.jpg)
TRACK ACA ELIGIBILITY STATUSES
![Page 12: Benepay OneTouch ACA Reporting Solution 2016](https://reader035.vdocuments.us/reader035/viewer/2022062503/587e1b1c1a28abbc2e8b60a7/html5/thumbnails/12.jpg)
EASILY EDIT EMPLOYEE ELIGIBILITY
![Page 13: Benepay OneTouch ACA Reporting Solution 2016](https://reader035.vdocuments.us/reader035/viewer/2022062503/587e1b1c1a28abbc2e8b60a7/html5/thumbnails/13.jpg)
PREVIEW & PRINT 1095C FORMS
![Page 14: Benepay OneTouch ACA Reporting Solution 2016](https://reader035.vdocuments.us/reader035/viewer/2022062503/587e1b1c1a28abbc2e8b60a7/html5/thumbnails/14.jpg)
MANAGE 1094C/1095C DATA SETTINGS
![Page 15: Benepay OneTouch ACA Reporting Solution 2016](https://reader035.vdocuments.us/reader035/viewer/2022062503/587e1b1c1a28abbc2e8b60a7/html5/thumbnails/15.jpg)
MANAGE EMPLOYEE AND DEPENDENT INFORMATION
![Page 16: Benepay OneTouch ACA Reporting Solution 2016](https://reader035.vdocuments.us/reader035/viewer/2022062503/587e1b1c1a28abbc2e8b60a7/html5/thumbnails/16.jpg)
GETTING STARTED
![Page 17: Benepay OneTouch ACA Reporting Solution 2016](https://reader035.vdocuments.us/reader035/viewer/2022062503/587e1b1c1a28abbc2e8b60a7/html5/thumbnails/17.jpg)
WE MAKE IT SIMPLE
![Page 18: Benepay OneTouch ACA Reporting Solution 2016](https://reader035.vdocuments.us/reader035/viewer/2022062503/587e1b1c1a28abbc2e8b60a7/html5/thumbnails/18.jpg)
AFFORDABLE ACA COMPLIANCE
![Page 19: Benepay OneTouch ACA Reporting Solution 2016](https://reader035.vdocuments.us/reader035/viewer/2022062503/587e1b1c1a28abbc2e8b60a7/html5/thumbnails/19.jpg)
NEXT STEPS….
• Complete a Needs Analysis
• Get a Proposal for ACA Services
• Sign a OneTouch ACA Service Agreement
• Attend a Implementation Welcome Call
• Get Trained on your ACA Dashboard
![Page 20: Benepay OneTouch ACA Reporting Solution 2016](https://reader035.vdocuments.us/reader035/viewer/2022062503/587e1b1c1a28abbc2e8b60a7/html5/thumbnails/20.jpg)
TO LEARN MORE….
•Contact:–Chris McMillan –EVP of Sales–(616) 575-8701–[email protected]
•Or request more info at:–http://www.benepaytech.com/aca-reporting-solution
![Page 21: Benepay OneTouch ACA Reporting Solution 2016](https://reader035.vdocuments.us/reader035/viewer/2022062503/587e1b1c1a28abbc2e8b60a7/html5/thumbnails/21.jpg)
THANK YOU!