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
The Presidential Directive Regarding Payroll Tax Deferral: Who’s Left Holding the Bag in 2021?
On Saturday, Aug. 8, 2020, President Donald Trump issued a presidential memorandum (not an executive order, as reported in the popular press) suggesting deferral of the employee portion of FICA taxes from Sept. 1, 2020, through the end of 2020. The full text of...
Resources for Navigating the Impact of the Coronavirus
These are trying times for employees and employers alike in just about every industry imaginable. Disrupted work, adjusting to work from home (for the lucky ones!), uncertainty about how long stay-at-home and social distancing orders will last, outright business...
Coronavirus and Your Community Association
While we often focus on disasters such as tornadoes or fires, COVID-19 (commonly referred to as the coronavirus) is a new threat that could have a dramatic impact on your common interest community, whether a condominium, subdivision clubhouse or other amenity, if...
Time Off for Voting In Missouri? Maybe, Maybe Not
All elections are important; it's just that some elections seem more important than others. Presidential election cycles always fall into that latter category, and thus this upcoming primary election, and then the general election in November, are of perceived, if not...
