It’s time to review and acknowledge your ACA reporting!
11/02/23
Author: ADP Admin/Tuesday, October 31, 2023/Categories: Bulletin News
We want to remind you that as an applicable large employer*, it is important to review and acknowledge your ACA reporting. Here’s how to do it in three simple steps:
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- Step 1: Go to My TotalSource®.
- Step 2: Click on the 2023 ACA Reporting Tool (ART) button.
- Step 3: Follow screens to acknowledge & submit for each FEIN in your Control Group.
After you’ve acknowledged your reporting, ADP TotalSource® will:
· Make any necessary updates to your Forms 1095-C and 1094-C based on year-end payroll and benefits data.
· Furnish the 1095-C forms to your employees.
· Transmit the required information directly to the IRS on your behalf under your unique company FEIN.
To assist with your review, please see the following resources below:
· ACA Reporting Tool (ART) Data Entry Guide
· Forms 1095-C Coding Guide
· Insights & Solutions Newsletter
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Don’t want ADP TotalSource filing the forms for you?
If you do not want your Forms 1095-C and 1094-C to be automatically acknowledged and sent to the IRS, you must select the “I do not authorize” radial button in ART prior to Jan. 31, 2024, to ensure reporting is not completed.
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As the ACA reporting deadline gets closer, we will keep you informed and provide you with the support needed to ease your compliance burden and avoid costly penalties.
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