Category: ACA

by: Kevin Stedman Our original post on the Affordable Care Act was written in September 2015 and covered many FAQ’s and scenarios for businesses that may have to comply.  The following is an update to that post: Beginning this month, Internal Revenue Code (IRC) Section 6056 requires Applicable Large Employers (ALEs) to file information returns […]

by: Franco DiLiberto, CPA Taxpayers are receiving a bundle of early Christmas gifts as Congress has avoided a shutdown by passing a major $680 billion tax bill that will extend and also make permanent several tax breaks. The following are the major tax provisions that have been made permanent, providing taxpayers with relief and a […]

Wondering what all the buzz is about regarding the “Cadillac Tax”? Will the Cadillac Tax affect you? We break it down for you right here: What is the Cadillac Tax? The Cadillac Tax will be levied on employers who offer high-cost health benefits to their employees. The main purpose behind the Cadillac Tax is to […]

The federal government granted a reprieve in 2015 for certain-sized employers from many of the mandates of the Affordable Care Act (ACA). It didn’t, however, free them from others. Given the potentially confusing nature of these changes, we sat down with John Foster, CPA to talk through the key regulator changes to the ACA, and […]