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
Baseball’s Perfect Warrior; Baseball’s Perfect Knight
May 13, 2008 Fifty years ago today, on a sunny day on Chicago’s North Side, Stan “The Man” Musial was called upon to pinch hit. Although Musial was supposed to wait for this moment until the team returned to Sportsman’s Park for a home stand, the team was behind 3-1...
Joint Tenancy Accounts and Safe Deposit Boxes: “Will Substitutes” or “Will They Substitute for a Will?”
You may be a party to a joint checking or savings account – most married people are and many seniors have children or other loved ones on one or more bank accounts. In choosing the type of account to have, you may have sat down with a bank officer who might have...
Thank You! Weiss Attorneys at Law Celebrates 20th Anniversary
2007 marked the 20th anniversary of Weiss Attorneys at Law, an accomplishment which was celebrated by friends and clients this past December 27th with a concert at The Roberts Orpheum Theater. Featuring London-born Sony recording artist Simon Mulligan, an audience of...
Weiss Attorneys at Law Celebrates 20 Years!
Weiss & Associates, P.C. celebrated 20 years of business by hosting a gala to thank clients and colleagues. View some of the photos from the event.
