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- 1095 penalty
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For the employers missing out to file the past year’s 1095 forms, ACA Compliance Solution Services, Inc. provides a strong team of experts offering in-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 response services. During planning, they identify the compliance obligations of 1095 forms, basedup on the ALE status, and the possible penalties. They also strategize to respond to Letter 5699 in the most effective way possible. In the data 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 with generating a response to the Letter 5699.
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