URGENT! Healthcare Letters to Employees Due October 1

by Marie Jett, CPA and Brandon Cook, CPA | Members of the Tax Services Group Employers with 1 employee or more and revenue of at least $500,000 need to remember to issue their health insurance letter to all employees by October 1. The letters will inform employees of the health insurance marketplaces (formally known as exchanges), services provided ...

What You Need to Know Now to Comply with the 2013 Health Care Reform Rules

Please join us on May 2, 2013 at Greenwalt CPAs Education Center for a 2 hour seminar which will address the actions that your organization needs to take in 2013, and what you need to be aware of going forward. The rules, costs, and options associated with the Health Care Reform act are complicated and are not well understood. Wanza Schweiger, CEBS ...

Health Care Bill 2010 – Part 2 – Impact on Individuals

by Marie Jett, CPA | Manager, Tax Services Group and Member of the Manufacturing & Distribution Services Group In the last e-newsletter issue, we looked at the Health Care Bill and its affect on businesses. This time we are discussing the affect this legislation has on individuals and the many tax law changes this bill has brought about. Specifically ...

Health Care Bill 2010 – Part 1 – Impact on Businesses

by Marie Jett, CPA | Manager, Tax Services Group and Member of the Manufacturing & Distribution Services Group The recently enacted health care legislation bill requires applicable large employers (50 or more employees) to offer and contribute to their workers’ health insurance or pay a penalty. Small employers who offer health coverage may ...

The Patient Protection Act Includes Many Tax Provisions

Representing a sweeping overhaul of the U.S. health care system, the Patient Protection and Affordable Care Act was signed into law on March 23, and its companion reconciliation act was signed into law last week. Here’s a brief summary of the main tax provisions affecting individuals and businesses. Individual tax provisions Important tax provisions ...