Free ACA Webinar: The All Important 1094 Transmittal

Sovos
April 19, 2016

Does your ACA compliance application support the 100MB file split requirement? Does your application track the record IDs required for submitting corrected records? What version of the AIR schema does your application support? Do you have A2A integration with the AIR system? How does your system handle IRS xml error response files? What will you do about corrections several months after season? Does any of this make sense to you? Are you still struggling with any of these technical requirements? Do you still have questions about how to fulfill these complex ACA reporting components? Now that 1095 tax forms have been printed and mailed, organizations are focused on finishing  work for this year’s ACA reporting requirement. Transmitting the 1094 electronic file to the IRS is the next step. This transmittal creates a new set of challenges for organizations with its process and complexities . Organizations must be prepared to handle the complicated corrections process it sets in place. Whether you’ve decided to build a solution internally or are currently using a third-party vendor for reporting, this webinar is focused on helping you understand what’s occurring throughout the transmittal component of the ACA landscape, offers insights of our observations in the market, and share some learnings from testing with the IRS to send transmittal files on behalf of our clients. With over 30 years of experience dedicated solely to tax information reporting, this isn’t the first reporting requirement rollout Sovos has been through. Join us for this free webinar on April 26th at 2:00 pm EST to hear more about:

  • An ACA reporting overview and its obligations
  • This calendar year’s timeline and tax years going forward
  • The required print, transmittal, and corrections processes
  • A walkthrough of the 1094 transmittal and TCC application process
  • General best practices for tax information reporting

Register here for this complimentary, and we also encourage you to sign up for our blog to learn more about ACA news, events, and other important information.

Sign up for Email Updates

Stay up to date with the latest tax and compliance updates that may impact your business.

Author

Sovos

Sovos is a global provider of tax, compliance and trust solutions and services that enable businesses to navigate an increasingly regulated world with true confidence. Purpose-built for always-on compliance capabilities, our scalable IT-driven solutions meet the demands of an evolving and complex global regulatory landscape. Sovos’ cloud-based software platform provides an unparalleled level of integration with business applications and government compliance processes. More than 100,000 customers in 100+ countries – including half the Fortune 500 – trust Sovos for their compliance needs. Sovos annually processes more than three billion transactions across 19,000 global tax jurisdictions. Bolstered by a robust partner program more than 400 strong, Sovos brings to bear an unrivaled global network for companies across industries and geographies. Founded in 1979, Sovos has operations across the Americas and Europe, and is owned by Hg and TA Associates.
Share this post

North America ShipCompliant
April 17, 2024
3 Reasons Craft Beer Drinkers Want DtC Shipping

While only 11 states and D.C. allow direct-to-consumer (DtC) beer shipping, more than half of Americans ages 21+ (51%) would purchase more craft beer if they were able to have it shipped directly to their home. In this blog, we discuss the top three reasons why craft beer drinkers want beer sent directly to them […]

North America ShipCompliant
April 17, 2024
States Are Looking to Expand DtC Spirits & Beer Availability

2024 is shaping up to be a banner year for legislative efforts related to the direct-to-consumer (DtC) shipping of beverage alcohol. While these proposed laws span a range of legal issues, the primary driver of the bills is expanding access to the DtC market for beer and spirits producers. Currently, 47 states and D.C. permit […]

North America Tax Information Reporting
March 22, 2024
Market Conduct Annual Statement Reminders and More

On the second Wednesday of each month, Sovos experts host a 30-minute webinar, Water Cooler Wednesday, to share the latest updates on statutory filings. In March, Sarah Stubbs shared information about the many filings due after March 1, from Market Conduct Annual Statements to health supplements for P&C and life insurers writing A&H businesses and […]

North America ShipCompliant
March 21, 2024
How Producers Can Build a DtC Shipping Market

Direct-to-consumer (DtC) shipping has become one of the leading sales models for businesses of all sizes and in all markets. The idea of connecting directly with consumers is notably attractive, as it helps brands develop a personal relationship and avoid costly distribution chains. Yet, for all its popularity, DtC is often a hard concept to […]

North America ShipCompliant
March 20, 2024
Key Findings from the 2024 DtC Beer Shipping Report

This March, Sovos ShipCompliant released the fourth annual Direct-to-Consumer Beer Shipping Report in partnership with the Brewers Association. The DtC beer shipping report features exclusive insights on the regulatory state of the direct-to-consumer (DtC) channel, Brewers Association’s perspective and key data from a consumer preferences survey. Let’s take a deeper dive into some of the […]