As a business owner, you must file a PCORI fee every year in July for all the insured lives as per the Affordable Care Act. The fee collected has been primarily funded for patient-centered comparative clinical effectiveness research(CER).
Why Filing the PCORI Fee is Important
1. Compliance:
The primary reason to file your PCORI fee is to stay
compliant with IRS regulations. Non-compliance can result in PCORI
penalties, which can add up and negatively impact your business.
2. Supports
Research:
Paying the PCORI fee supports valuable research that can lead to improved healthcare outcomes. As a business, we need to give back the society.
Why Choose
Simple720 for Filing Your PCORI Fee?
1. IRS
Authorization
We are an IRS-authorized 720 efile provider, which means it
meets the stringent requirements set by the IRS for security, accuracy, and data
privacy. This authorization gives you peace of mind knowing that your PCORI fee
filing is handled by a reliable service provider.
2.
User-Friendly Platform
Our 720 online portal is seamless. You can easily navigate
and file your PCORI Fee in a few
minutes. This can save you time and reduce the stress associated with tax
compliance.
3. Accurate
Calculations
We ensure all calculations related to your PCORI fee are
accurate. The platform uses the recent applicable PCORI fee(as per IRS
guidelines) to calculate the fee based on the number of covered lives,
minimizing the risk of errors.
Read our blog on PCORI Fee Reporting now.
4. Timely
Reminders
We provide timely reminders through emails to ensure that you never miss a filing deadline. This mail goes to regular filers who file form 720 with us.
5. Secure
Data Handling
We have been in the filing business since 2009. We respect everyone’s data. Data security is a top priority at Simple720. We use advanced technologies and processes to protect your data at all levels.
6.
Dedicated Support
We offer dedicated customer support to assist you with any concerns you may have while filing your PCORI fee in the online portal. Our expertized team can guide you at every step and resolve your queries immediately.
Conclusion