GRAND RAPIDS, Mich., Nov. 16, 2016 /PRNewswire/ -- With last year's introduction of reporting requirements for the Affordable Care Act (ACA), it's important to note the lessons learned in order to better prepare for the upcoming 2016 reporting season. As businesses enter into this busy time, healthcare benefits providers have a number of options to ensure their clients are compliant in ACA reporting.
Like a real-life game of telephone, the communication of personal information from tax systems AND health insurance benefits information increased the need for extra security measures for benefits providers last year. While looking forward to navigating this year's reporting season, these companies can rely on the knowledge gained so they can provide the best possible solutions for clients.
Greatland Corporation, one of the country's leading providers of W-2 and 1099 products for businesses and an expert in ACA reporting, recognizes that benefit providers deliver a number of services to their clients, especially when it comes to tax season, making it vital to find a cost effective, trustworthy and experienced solution to handle ACA reporting.
There are a number of ways that healthcare benefits providers can help their clients succeed, including:
- One option is to complete filings for clients. This includes directly inputting sensitive information to alleviate stress and remove this extra step, assuring that data is accurate and protected.
- Providers can refer clients to a third-party reporting provider, such as Greatland's Yearli software, which leads filers through the process step-by-step while offering ACA support the entire time. Support staff is available for questions and to help users avoid penalties.
- Additionally, providers can recommend for clients to partner with an ACA reporting company, such as Nelco, to develop a custom solution that gives filers a turnkey platform to include in their software that offers direct access to track required information for the 2016 reporting season.
For more information on ACA reporting and to learn more about Greatland's ACA reporting services and tools, visit: aca.greatland.com.
Greatland (www.greatland.com) is the W-2 and 1099 specialist, focused on providing information, products, and solutions for small to mid-size businesses and accountants. Greatland helps customers navigate annual reporting changes, including extensive expertise about ACA reporting. Through Greatland's subsidiaries – Greatland, Nelco, and Broker Forms – the company offers an extensive array of specialized products for businesses: W-2 forms, 1099 forms, 1095 forms, business checks, presentation materials, income tax preparation supplies, and mortgage forms. Greatland also offers Yearli, a comprehensive W-2, 1099, and 1095 reporting software and online filing platform. Greatland is an employee-owned company with locations in Grand Rapids, Mich. and Green Bay, Wis. Greatland has an extensive W-2 & 1099 fact center located on its website with answers to many of the top filing questions. Follow us on Facebook or Twitter: @GreatlandCorp
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SOURCE Greatland Corporation