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TOP 6 PAIN POINTS OF
ACA COMPLIANCE
IMPORTING DATA
FILING
SECURITY
Complexity of data collection and
validation from multiple sources.
Difficult to translate error codes and
how to correct those errors
Low visibility to understand and then
correct data errors
Flexible import tool gathers data
from multiple sources into a
single platform.
Keeping track of and deciphering filing
status including identifying if there are
errors and how to correct them.
Ensuring sensitive data and personal
information is secure
Thomson Reuters ONESOURCETM
provides a TCC code which
eliminates the need to get one
from the IRS.
ONESOURCE helps you file
on-time to avoid any late filing
penalty whether you have 5,000
forms or 500,000 forms.
Web environment protected by
multiple firewalls and additional
security controls such as
Whitelisting and Federated Single
Sign-On (SSO) to ensure user
authentication. Your data is safe
with our ISO 27001-Certified
Information Security Management
System, in a data center supported
by more than 500 engineers.
Our world-class reporting and
compliance solution was built for
the country’s top financial
institutions and professional
service firms.
Detailed reporting that includes all
forms accepted with errors including
the “TIN validation error” with error
code AIRTN500.
ONESOURCE provides Name-TIN
solicitation service to obtain the
correct information from
employee/insured individuals. The
process is designed to fully comply
with IRS requirements for information
solicitation. We maintain a detailed
audit trail for each solicitation action
that can be used to show good-faith
effort to IRS. We also correct the
records and file the corrections with
the IRS.
ONESOURCE helps with timely
correction and replacement filing to
reduce exposure to filing penalties.
ERROR
CORRECTION
HOW ONESOURCE HELPS
HOW ONESOURCE HELPS
HOW ONESOURCE HELPS
FORM CREATION
& DELIVERY
Creating and importing batch data with
the same accuracy and ease as creating
individual forms.
Creating one form is simple, but creating
thousands – even tens of thousands-
requires a different level of efficiency.
Tracking and printing large volume and
individual print jobs.
Gathering electronic consent and
electronic delivery.
Our system, combined with our
experienced service managers, is
equipped to create, distribute, track
and print individual forms and
batch jobs
HOW ONESOURCE HELPS
HOW ONESOURCE HELPS
To learn more, visit tax.thomsonreuters.com/aca
ONESOURCE, in connection with our industry
partners, offers custom, integrated ACA compliance
solutions for employers of all sizes. We provide
comprehensive ACA reporting and compliance
solutions to keep you prepared, and prevent filing
inaccuracies and penalties so you can continue to
ensure your company’s good reporting health.
Lack of knowledge and awareness of
compliance or regulatory guidelines
and updates
Fear of missing pertinent information
or corrections
Resource constraints and lack of training
KNOWLEDGE
HOW ONESOURCE HELPS
Manage the IRS system interface
changes and regulatory changes.
Backed by 25 years of experience, we
have the financial strength and tax
reporting experience to stand
behind you.
Thomson Reuters writes the Definitive
Health Care Guide (by EBIA).
Regulatory and practical compliance
experience to assist firms with their
ongoing compliance responsibilities.
Access to a network of partners that
can help with determination of
coverage, simplify tracking, and
calculate affordability.

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ACA_pain Points infographic

  • 1. TOP 6 PAIN POINTS OF ACA COMPLIANCE IMPORTING DATA FILING SECURITY Complexity of data collection and validation from multiple sources. Difficult to translate error codes and how to correct those errors Low visibility to understand and then correct data errors Flexible import tool gathers data from multiple sources into a single platform. Keeping track of and deciphering filing status including identifying if there are errors and how to correct them. Ensuring sensitive data and personal information is secure Thomson Reuters ONESOURCETM provides a TCC code which eliminates the need to get one from the IRS. ONESOURCE helps you file on-time to avoid any late filing penalty whether you have 5,000 forms or 500,000 forms. Web environment protected by multiple firewalls and additional security controls such as Whitelisting and Federated Single Sign-On (SSO) to ensure user authentication. Your data is safe with our ISO 27001-Certified Information Security Management System, in a data center supported by more than 500 engineers. Our world-class reporting and compliance solution was built for the country’s top financial institutions and professional service firms. Detailed reporting that includes all forms accepted with errors including the “TIN validation error” with error code AIRTN500. ONESOURCE provides Name-TIN solicitation service to obtain the correct information from employee/insured individuals. The process is designed to fully comply with IRS requirements for information solicitation. We maintain a detailed audit trail for each solicitation action that can be used to show good-faith effort to IRS. We also correct the records and file the corrections with the IRS. ONESOURCE helps with timely correction and replacement filing to reduce exposure to filing penalties. ERROR CORRECTION HOW ONESOURCE HELPS HOW ONESOURCE HELPS HOW ONESOURCE HELPS FORM CREATION & DELIVERY Creating and importing batch data with the same accuracy and ease as creating individual forms. Creating one form is simple, but creating thousands – even tens of thousands- requires a different level of efficiency. Tracking and printing large volume and individual print jobs. Gathering electronic consent and electronic delivery. Our system, combined with our experienced service managers, is equipped to create, distribute, track and print individual forms and batch jobs HOW ONESOURCE HELPS HOW ONESOURCE HELPS To learn more, visit tax.thomsonreuters.com/aca ONESOURCE, in connection with our industry partners, offers custom, integrated ACA compliance solutions for employers of all sizes. We provide comprehensive ACA reporting and compliance solutions to keep you prepared, and prevent filing inaccuracies and penalties so you can continue to ensure your company’s good reporting health. Lack of knowledge and awareness of compliance or regulatory guidelines and updates Fear of missing pertinent information or corrections Resource constraints and lack of training KNOWLEDGE HOW ONESOURCE HELPS Manage the IRS system interface changes and regulatory changes. Backed by 25 years of experience, we have the financial strength and tax reporting experience to stand behind you. Thomson Reuters writes the Definitive Health Care Guide (by EBIA). Regulatory and practical compliance experience to assist firms with their ongoing compliance responsibilities. Access to a network of partners that can help with determination of coverage, simplify tracking, and calculate affordability.