Payroll: ACA Reporting - Revision history

Pmorey: /* Introduction */

2024-12-05T13:24:18Z

Introduction

Pmorey: /* Introduction */

2024-12-05T13:19:16Z

Introduction

Pmorey: /* Introduction */

2024-12-05T13:18:17Z

Introduction

Pmorey at 01:27, 1 December 2022

2022-12-01T01:27:05Z

Chanson: /* How it Works */

2022-01-13T14:13:45Z

How it Works

Chanson at 14:10, 13 January 2022

2022-01-13T14:10:12Z

Chanson at 14:09, 13 January 2022

2022-01-13T14:09:31Z

Chanson at 15:53, 17 December 2021

2021-12-17T15:53:05Z

Pmorey: /* Introduction */

2021-02-06T18:20:54Z

Introduction

Chanson at 18:18, 7 January 2021

2021-01-07T18:18:48Z

@@ Line 4: / Line 4: @@
 <span style="color:#FFFFFF; background:#FF0000; font-size:30">Preliminary Notes for 2020 ---- Wait for notification before processing</span>
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-<span style="color:#FFFFFF; background:#FF0000; font-size:30">Keystone 4.7.6+ supports 2024 ACA e-filing through Nelco ---- ACA files may be uploaded after 12/12/2024</span>
+<span style="color:#FFFFFF; background:#FF0000; font-size:30">2024 ACA filing requires Keystone 4.7.6 or higher ---- files may be uploaded to the web portal after 12/12/2024</span>
 <span style="color:#FFFFFF; background:#FF0000; font-size:50">ACA Fines for Late Filing are Severe -- Do Not Procrastinate!</span>

@@ Line 21: / Line 21: @@
 </p>
-<span style="color:#FFFFFF; background:#FF0000; font-size:50">Keystone updates for 2022 ACA 1094-C/1095-C filing require version 4.3.1 or higher.</span>
+<span style="color:#FFFFFF; background:#FF0000; font-size:50">2024 ACA 1094-C/1095-C filing requires Keystone version 4.7.6 or higher.</span>
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@@ Line 4: / Line 4: @@
 <span style="color:#FFFFFF; background:#FF0000; font-size:30">Preliminary Notes for 2020 ---- Wait for notification before processing</span>
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 <span style="color:#FFFFFF; background:#FF0000; font-size:50">ACA Fines for Late Filing are Severe -- Do Not Procrastinate!</span>

@@ Line 20: / Line 20: @@
 </p>
-<span style="color:#FFFFFF; background:#FF0000; font-size:50">Keystone updates for 2021 ACA filing require versions 4.1.0 and above.</span>
+<span style="color:#FFFFFF; background:#FF0000; font-size:50">Keystone updates for 2022 ACA 1094-C/1095-C filing require version 4.3.1 or higher.</span>
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@@ Line 116: / Line 116: @@
 *Finish processing following the online options.
 *E-File services let you preview and adjust data before filing.
-:When filing 1095s (and optionally W2s) you can choose either or both of 2 options:
+:When filing 1095s (and optionally W2s) you choose the option E-File as well as Print and Mail Services.  Keystone does not print 1095 forms.
 :With the Print and Mail services your 1095s are printed and mailed directly to employees.  In addition an email is sent to each employee with an option to preview forms online.
 *Verify that E-Filing has been accepted by the IRS.  '''NOTE:''' 1095 filing is much more prone to rejection than W-2 filings.  The most common issue is TIN (SSN) mismatches due to small errors with name spellings.

@@ Line 7: / Line 7: @@
 <span style="color:#FFFFFF; background:#FF0000; font-size:50">ACA Fines for Late Filing are Severe -- Do Not Procrastinate!</span>
 <b>Keystone supports 2020 State (CA, DC, NJ, RI) and Federal E-Filing of 1094-C/1095-C ACA forms using our 3rd party provider.</b>
 ===Starting 2020===
 <p>
@@ Line 15: / Line 17: @@
 *When using the new Offer Codes (1L, 1M, 1N, 1O, 1P, 1Q) you MUST specify the following on the ACA tab in Employee Maintenance:
 **Employee Age
-**Emp Zip Code
+**Employee Zip Code
 </p>
-<span style="color:#FFFFFF; background:#FF0000; font-size:50">Keystone updates for 2021 ACA filing are not yet released - Stay Tuned!</span>
+<span style="color:#FFFFFF; background:#FF0000; font-size:50">Keystone updates for 2021 ACA filing require versions 4.1.0 and above. - Stay tuned for updates!</span>
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-Keystone has the ability to print 1095-C forms and e-file 1094-C/1095-C information for both regular and self-insured employers. This page will provide assistance with entering the required ACA information into Keystone. It is your responsibility to gather this information and to assure that it is accurate. You should consult your accountant before filing ACA information.
+Keystone uses our third party vendor to print 1095-C forms and e-file 1094-C/1095-C information for both regular and self-insured employers. This page will provide assistance with entering the required ACA information into Keystone. It is your responsibility to gather this information and to assure that it is accurate. You should consult your accountant before filing ACA information.
@@ Line 29: / Line 31: @@
 '''NOTE:''' This is part of the complete [[Payroll: Year End]] Process.
 ====Your 1095 Filing Options====
@@ Line 38: / Line 41: @@
 *Must purchase, print and distribute forms to employees
 *Must file paper forms with government agencies
-|'''Web Services E-File'''
+||}
-With this premium service, use Keystone to prepare and upload data to our online service.  For a small per-employee fee have all 1095s printed and mailed to employees and E-Filed to government agencies.   This option does '''not''' require registration with government agencies. <b>This is the only option for ACA 1095 E-File.</b>
+-->
 *No need to purchase, print and mail 1094 and 1095 forms
 *No registration with government required
@@ Line 46: / Line 53: @@
 *Option for employer to re-print forms online
 *A per-form fee is charged for this service - see chart below
 Use this chart to determine if you need to file 1095s. (See: https://www.healthcare.gov/shop-calculators-fte/)
 [[File:ACA Decision Tree.jpg|500px]]
 =Paper Only 1095s=
@@ Line 63: / Line 71: @@
 Keystone does not print 1094-C forms. You should prepare this form manually.
 '''Note:''' Keystone uses a Web Based E-Processing service that includes an option to handle all printing and mailing services.  This new process eliminates the challenging process of registering with the IRS and offers several other advantages.  There is a per employee cost for this new process.
 ==Prepare for  E-File==
@@ Line 89: / Line 101: @@
 Use this link to determine whether you must file 1095-C forms electronically
 https://www.irs.gov/Affordable-Care-Act/Employers/Information-Reporting-by-Applicable-Large-Employers
 =About Web Services=
 Keystone supports electronic filing of year-end forms built right into our software. No more stuffing envelopes, no more printing! Electronically file W-2, 1095, 1094 (Affordable Care Act) forms, and more to the IRS/SSA or state in minutes!
 ==How it Works==

@@ Line 1: / Line 1: @@
 =Introduction=
 <span style="color:#FFFFFF; background:#FF0000; font-size:30">Preliminary Notes for 2020 ---- Wait for notification before processing</span>
-<span style="color:#FFFFFF; background:#FF0000; font-size:50">ACA Fines for Late Filing are Severe -- Do Not Procrastinate!</span>
+<span style="color:#FFFFFF; background:#FF0000; font-size:30">NEW for 2020</span>
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@@ Line 12: / Line 25: @@
 Keystone has the ability to print 1095-C forms and e-file 1094-C/1095-C information for both regular and self-insured employers. This page will provide assistance with entering the required ACA information into Keystone. It is your responsibility to gather this information and to assure that it is accurate. You should consult your accountant before filing ACA information.
-<b>Keystone will support 2020 ACA 1094/1095 filing in a future release. Please check this page periodically for updates.</b>
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