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
“Business Insurance Coverages: Protecting Both Your and Your Company’s Wealth”
Incorporating or electing to conduct business in another statutory business form, such as a limited liability company, can do much to protect your personal assets from being called upon to satisfy a company liability. However, the limitation of liability afforded by...
Bankruptcy Abuse Prevention and Consumer Protection Act of 2005
As you may already have read, or at least heard, Congress enacted legislation which substantially revised the Bankruptcy Code. The new law is generally effective as to bankruptcy cases filed on or after October 17, 2005. The Bankruptcy code is divided into Chapters....
Employee’s Duty of Loyalty
A few months ago, the Missouri Supreme Court issued its latest opinion concerning the duty of loyalty that an employee owes an employer. The case is Scanwell Freight Express STL, Inc. vs. Chan. Scanwell continues the long progeny of cases which commenced with National...
New 2005 Missouri Legislation
The following article deals with selected pieces of legislation passed by the Missouri Legislature at its session just ended in May, 2005 and signed into law as of July 14, 2005 by Governor Blunt. More information on these selected and other legislative topics may be...
