{"id":2536,"date":"2015-09-15T12:07:56","date_gmt":"2015-09-15T16:07:56","guid":{"rendered":"http:\/\/gtm.com\/business\/?page_id=2536"},"modified":"2026-05-07T17:23:54","modified_gmt":"2026-05-07T21:23:54","slug":"affordable-care-act-reporting-solutions","status":"publish","type":"page","link":"https:\/\/gtm.com\/business\/what-we-offer\/affordable-care-act-reporting-solutions\/","title":{"rendered":"Affordable Care Act Reporting Solutions"},"content":{"rendered":"<div class=\"et_pb_section_0 et_pb_section et_section_regular et_block_section\"><div class=\"et_pb_row_0 et_pb_row et_block_row\"><div class=\"et_pb_column_0 et_pb_column et_pb_column_3_4 et_block_column et_pb_css_mix_blend_mode_passthrough\"><div class=\"et_pb_text_0 et_pb_text et_pb_bg_layout_light et_pb_module et_block_module preset--module--divi-text--default\"><div class=\"et_pb_text_inner\"><p><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-2096\" src=\"https:\/\/gtm.com\/business\/wp-content\/uploads\/HealthcareReform.jpg\" alt=\"affordable care act reporting solutions\" width=\"243\" height=\"183\" \/>GTM understands the complexity behind this health care legislation, and through our payroll software, our Affordable Care Act (ACA) reporting solutions include new reports and tools to ensure our clients\u2019 compliance with the ACA requirements.<\/p>\n<p>GTM\u2019s ACA Reporting Package makes it easy to determine the impact the ACA will have on your business with these three main features:<\/p>\n<p><strong>1.\u00a0 Determining whether your company is an ALE (Applicable Large Employer)<\/strong><br \/>\nThis is made easy with single and multi-client reports that determine whether your company is an ALE based on your full time and full time equivalent (FTE) employees.<\/p>\n<p><strong>2.\u00a0 Healthcare Eligibility for your employees<\/strong><\/p>\n<ul>\n<li>The ACA Eligibility Analysis Report makes it simple to determine which employees are eligible for healthcare.<\/li>\n<li>Inactive Employee Report shows employees that have been inactive for a period of time, including suspended employees, those on leaves of absence, and those serving in the military.<\/li>\n<li>The ACA Rule of Parity Report determines which employees can be treated as new hires or must keep their current healthcare plans when rehired.<\/li>\n<\/ul>\n<p><strong>3.\u00a0 Compliance Reporting<\/strong><\/p>\n<ul>\n<li>The 1095 ACA Preview Report ensures your records are accurate by allowing you to review the necessary 1095 form information before processing.<\/li>\n<li>Annual report information on IRS forms 1095 and 1094 (B or C) streamlines managing dependent information with our payroll software enrollment process.<\/li>\n<\/ul>\n<p><strong>Pricing<\/strong><br \/>\nGTM\u2019s ACA Reporting Package includes both a monthly monitoring program and the annual 1095\/1094 IRS forms using the reports listed above.<\/p>\n<p><strong>Cost:<\/strong> Competitive pricing, contact us for more information.<\/p>\n<p><strong>Penalties<\/strong><br \/>\nIf your business is an ALE, failure to comply with the ACA reporting requirements could result in financial penalties, including:<\/p>\n<ul>\n<li>$100 per return for failure to file information returns, with a yearly maximum penalty of $1,500,000 for 2015.<\/li>\n<li>$250 for each failure to provide returns required to be filed <span style=\"text-decoration: underline;\">after<\/span> December 31, 2015, with a yearly maximum of $3,000,000.<\/li>\n<li>$100 for each failure to provide a correct payee statement, with a yearly maximum of $1,500,000 for 2015.<\/li>\n<li>$250 for each failure to provide a correct payee statement required to be provided <span style=\"text-decoration: underline;\">after<\/span> December 31, 2015, with a yearly maximum of $3,000,000.<\/li>\n<\/ul>\n<p><strong>For more information or to sign up for this service, please contact your GTM Account Manager or Sales Representative, or call (518) 373-4111.<\/strong><\/p>\n<\/div><\/div><\/div><div class=\"et_pb_column_1 et_pb_column et_pb_column_1_4 et-last-child et_block_column et_pb_column_empty et_pb_css_mix_blend_mode_passthrough\"><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":2859,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"folder":[],"class_list":["post-2536","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/pages\/2536","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/comments?post=2536"}],"version-history":[{"count":4,"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/pages\/2536\/revisions"}],"predecessor-version":[{"id":18521,"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/pages\/2536\/revisions\/18521"}],"up":[{"embeddable":true,"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/pages\/2859"}],"wp:attachment":[{"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/media?parent=2536"}],"wp:term":[{"taxonomy":"folder","embeddable":true,"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/folder?post=2536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}