Affordable Care Act
The Patient Protection and Affordable Care Act, also known as the Affordable Care Act (ACA), or colloquially as “Obamacare,” was signed into law in March of 2010 with the goal of increasing the quality and affordability of health insurance for millions of Americans.
While the Act’s employer shared responsibility payments will not apply until 2015, and in some cases, not until 2016, there are provisions and safe harbors to consider and decisions that can be made now that may help businesses, employees and a business’s bottom line. Further, there are many unintended consequences arising out of the ACA that business owners, both large and small, need to consider when administering health care arrangements.
We are carefully following the developments associated with the roll-out of ACA and are providing counsel to business owners and other professionals, helping them to address compliance issues, evaluate exposure to penalties and other tax issues as well as planning strategically for the future.
Affordable Care Act Articles
Piercing the Corporate Veil (Again): Even a Company’s Bankruptcy Couldn’t Protect Owners From Personal Liability
Facts always make the case, and in a particular case across the state in Kansas City, the facts, when applied to the law, found the owners of a construction company liable to a building owner not only for the full contract amount but also for punitive damages. The...
Limited Liability Companies: How Much Protection Do They Truly Afford?
Limited liability companies offer the protections of a corporation without the strict and burdensome formalities. As such, they have become extremely attractive to small-business owners in recent years. Aside from the administrative and tax benefits they afford, one...
Employee With No Fixed Work Site May Impact FMLA Obligations
Under the Family Medical Leave Act (FMLA), to be eligible for leave, an employee must be at a location where 50 or more employees are employed within 75 miles of that location. Generally, the "worksite" analysis is fairly straightforward. The FMLA defines a worksite...
Can Jimmy John’s Sandwich Employees With an Enforceable Non-Compete Agreement?
A recent article in the St. Louis Post-Dispatch focused on a lawsuit involving sandwich maker Jimmy John's and a two-year, non-compete agreement barring a former assistant manager from working for a sandwich-making rival within three miles of a Jimmy John's store. The...