THE AFFORDABLE CARE ACT: KNOW THE TERMS The Affordable Care Act: Know the Terms. Are you still unclear about your responsibilities as an employer under the Affordable Care Act (ACA)? Do you find the definition of ACA terms confusing? Here’s a plain English guide to selected terms employers are likely to hear. Applicable large employer… read more →

SUPREME COURT ISSUES RULING ON ACA SUBSIDIES Supreme Court issues ruling on ACA subsidies that could affect you. In June, the U.S. Supreme Court decided the fate of the premium tax credit under the Affordable Care Act (ACA). The main issue before the court was whether federal subsidies could be offered to people who purchased.. read more →

Are you exempt from the health insurance penalty? Are you exempt from the health insurance penalty? As you’re probably well aware, the requirement under the Affordable Care Act (ACA) for individuals to obtain at least minimal health insurance coverage went into effect in January 2014. If you didn’t purchase a health insurance policy, you may.. read more →

The Affordable Care Act & You The Patient Protection and Affordable Care Act of 2010 resulted in several changes to the U.S. tax code that affect individuals purchasing health care insurance through the health care exchanges. Let’s take a closer look at what  The Affordable Care Act & You  means for everyone. Individual Shared Responsibility.. read more →

Claiming an Elderly Parent as a Dependent Are you taking care of an elderly parent or relative? According to the U.S. Census Bureau, there were 43.1 million people age 65 and older in the United States in 2012, nearly 15 percent of the total population. Whether it’s driving to doctor appointments, paying for nursing home.. read more →

The Facts: Medical & Dental Expenses and Your Taxes   The Facts: How Medical & Dental expenses and Your Taxes work can be confusing.  If you, your spouse or dependents had significant medical or dental costs in 2013, you may be able to deduct those expenses when you file your tax return. Here are eight.. read more →

2014 HEALTH CARE LAW UPDATE  The Affordable Care Act (the ACA) – the health care law known as “Obamacare” – got off to a rough start. It was passed amidst contentious debate in Congress in 2010, faced legal challenges before the U.S. Supreme Court upheld it in 2012, and sputtered at the end of 2013.. read more →

Take the Uncertainty Out of Health Care Reform  If you’re not sure what the new health care law means to you, you’re not alone. A poll by the Kaiser Family Foundation revealed that just over a third of the public had tried to find out more information about the law—the Affordable Care Act—in recent months… read more →

2014 Affordable Care Act Update  The Affordable Care Act, the health care reform legislation passed in 2010, originally mandated health insurance coverage for everyone starting January 1, 2014. But the law’s complexity soon made it evident that the requirements would have to be revised. The first change was the one-year delay in the requirement that.. read more →

WHAT YOU NEED TO KNOW ABOUT THE NEW HEALTH CARE LAW Beginning in 2014, nearly everyone in America must either be covered by health insurance or pay a tax penalty. To facilitate this program, either your state or the federal government must provide a “Marketplace” (also known as the health insurance exchange) that enables you.. read more →