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- 1095 penalty
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For the employers missing out to file the past year’s 1095 forms, ACACompliance Solution Services, Inc. provides a strong team of experts offeringin-depth expertise in filing the 1095 forms or responding to the Letter 5699within 30 days to resolve the 1095 penalty. In this process,they offer holistic planning, data preparation, and IRS filing responseservices. During planning, they identify the compliance obligations of 1095forms, based upon the ALE status, and the possible penalties. They alsostrategize to respond to Letter 5699 in the most effective way possible. In thedata preparation, they enter the information in 1095 form by identifying,collecting, and coding all the essential data, after performing quality checks.Finally, they identify the IRS filing mode i.e. online or manual, along withgenerating a response to the Letter 5699.
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