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

Entrepreneurs of the Year—Day In and Day Out

Last week I had the distinct pleasure of accompanying one of our clients to Overland, Kansas for the Ernst & Young Entrepreneurs of the Year program for the Midwest region.  It was a black tie affair, befitting the accomplishments of the all of the honorary...

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The Truth, the Whole Truth and Nothing but the Truth

From the early episodes of the "Perry Mason" television series to the courtrooms at the Thomas Eagleton Federal Courthouse in downtown St. Louis, this familiar oath is required before a witness can testify at trial. The use of these 10 words in 2012 follows a...

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