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

When is a receipt not a receipt?

It turns out, not all receipts are created (or printed) equally.  The Ninth Circuit Federal Court of Appeals recently joined the Seventh Circuit in holding that e-mailed receipts are not “electronically printed receipts” under the Fair and Accurate Credit Transactions...

read more

Missouri Supreme Court Ruling Clarifies Tax Sales Requirements

Benjamin Franklin once said, “there is nothing certain except death and taxes.” As the economy has declined, so has the ability of individuals to pay their real estate taxes. If an individual fails to pay their taxes for three consecutive years, their property is...

read more