In E-filing Approval for Affordable Care Act Returns, Integrity Data a Step Ahead
Integrity Data, a software firm specializing in payroll and human resources technology, announces it is the first software company to pass all
This discovery of early success with a new
"Initially, we learned that we were only the third organization to get this approval," Doolin said, referring to a phone call that
"We since learned that the organizations ahead of us are an insurance company and a software company. When we cross-referenced transmission records, we learned we are that software company, too," Doolin said, referring to error-free submissions Redfern previously sent under
The wow factor in discovery of such a first resonates as anxious U.S. employers and insurers prepare to comply with the intricate
"We compete with over 300 software vendors who also claim they can help employers fill out the most cumbersome forms the
"This achievement underscores Integrity Data's credibility and the thoroughness of our ACA offering," Strudeman said. "In successfully navigating the AIR system so soon, we stand by our word – and above the crowd."
The Affordable Care Act Information Returns Assurance Testing System (AATS) opened
At the center of the ACA compliance concern is the new 1095 series of year-end forms: the 1095-C for employers and the 1095-B for insurers. Both must be produced for individual recipients by
• All ACA-affected employers must give every full-time employee a 1095-C. This form will breakdown – in meticulous monthly detail – whether health insurance was offered and, if so, its attributes. Insurers must give a 1095-B to everyone who has one of their health plans.
• Copies of these forms must then be filed with their transmittals, Form 1094-C and Form 1094-B, to the
"Employers we talk to worry enough about filling out these forms. Uploading their files to a brand-new
In the exacting format that the AIR system accepts – XML, not Excel-based nor PDF – Integrity Data's ACA form-generation software has been approved both for the returns that employers must submit and also for those that insurers must submit. As a transmitter, Integrity Data is approved for 1095-C/1094-C returns and for 1095-B/1094-B returns.
When the AIR system opens in November for voluntary testing of Tax Year 2014 data, Integrity Data will be uploading the files of customers who want to double-check their forms for proper formatting.
Learn more about Integrity
ABOUT INTEGRITY DATA
Integrity Data is a longstanding leader in development of software that improves businesses processed centered on payroll and human resources data. Headquartered in
Corporate Headquarters
Integrity Data
125 N. Kickapoo
http://www.integrity-data.com
info(at)integrity-data(dot)com
888.786.6162
Read the full story at http://www.prweb.com/releases/2015/10/prweb13024674.htm
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News