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 Hazards of Bowling
One would presumably think that bowling is one of the safest sports around, there being no physical contact, and the bowler handling the equipment. But injuries do occur in bowling, and sometimes completely unusual and certainly uncontemplated ones at that. The rule...
“Missouri’s Trade Secret Act”
Missouri’s Trade Secret Act is a version of what is known as the Uniform Trade Secrets Act (“UTSA”), a statute that has been adopted in one version or another by most other states and the District of Columbia. The Missouri Trade Secret Act defines “trade secret” as...
American Jobs Creation Act of 2004
Overview for Individuals and Owners of Small or Closely-Held Businesses We hope that the following explanation of some of the significant provisions of the “American Jobs Creation Act of 2004” gives you a broad overview of this new tax law, that Congress passed on...
