ACA Compliance for Construction Companies: Building a Strong Foundation
The construction industry operates with a diverse and dynamic workforce, often involving temporary, seasonal, and variable-hour employees. Managing ACA compliance in this environment requires precision and adaptability. ACA-Track offers a tailored solution designed to simplify compliance for construction companies, enabling them to focus on their projects while staying compliant.
Challenges of ACA Compliance in Construction
Construction companies face specific challenges when managing ACA compliance, such as:
- Tracking hours for employees working across different projects, locations, and schedules.
- Monitoring healthcare eligibility for a constantly changing workforce.
- Preparing and submitting accurate Forms 1094-C and 1095-C within IRS deadlines.
These challenges demand a robust and reliable compliance solution tailored to the industry’s needs.
How ACA-Track Supports Construction Companies
ACA-Track provides a range of features specifically designed for construction businesses:
- Comprehensive Data Integration: The platform consolidates data from payroll systems, project management tools, and manual records to ensure accurate tracking for all employees.
- Proactive Monitoring: ACA-Track provides real-time alerts for employee eligibility thresholds, allowing timely compliance management.
- Automated IRS Reporting: The platform simplifies the creation and e-filing of IRS forms, reducing administrative effort and minimizing errors.
- Error Detection and Resolution: Built-in tools identify and resolve data inconsistencies, ensuring compliance accuracy and reducing risks.
Dedicated Support for Construction Companies
ACA-Track assigns dedicated account managers to guide construction companies through every step of the compliance process. From data uploads to resolving IRS corrections, ACA-Track ensures a smooth and efficient experience.
The platform’s user-friendly dashboards and real-time analytics empower administrators to monitor compliance data effectively and make informed decisions.
Secure and Scalable Solutions
ACA-Track ensures data security with encrypted storage and compliance with SSAE 16 SOC 2 standards. Its scalability makes it suitable for construction companies of all sizes, supporting growth and evolving compliance needs.
ACA compliance doesn’t have to hinder your construction projects. With ACA-Track, you can simplify your processes, reduce risks, and focus on building success. Learn more about how ACA-Track can support your construction company today.
