The IRS will be sending multiple forms for tax year 2015 for employers to fill out and return to the IRS. These forms are the key to determine if individuals or employees have to pay a penalty or if they are really eligible to receive premium tax credits from the online Exchange/Marketplace. Please contact your broker, first, to distinguish if you are truly an Applicable Large Employer (ALE). Continue reading
Prescription drug spending increased 13.1% in the United States last year, attributed partly to an increase in spending for specialty drugs, according to Express Scripts Inc. Continue reading
Taxes. It’s not the time of year small business owners look forward to. It’s complicated. It’s time consuming. And for some, it’s expensive. But, it doesn’t mean taxes need to be overwhelming. Continue reading
New York Times, Editorial Board, February 28, 2015
Senior Republicans in Congress are seeking … Continue reading
This year there will be new challenges for everyone that files taxes. There is a new employer reporting system for Health Plan Coverage that the IRS will need in order to collect data to see if we are eligible to avoid the individual penalty. Continue reading
By: Adam Liptak (New York Times) February 2015
WASHINGTON — The Supreme Court has … Continue reading
All over the nation, healthcare costs are hurting small businesses. So much so that only 54% of small and medium sized businesses offer traditional healthcare to their workers today. The cost of healthcare is a huge small business challenge, leaving owners desperate for ways to lower the cost while still providing a health benefit to employees.
Is there any silver lining? Yes. Compared to a decade ago, you have new options to lower healthcare costs. Continue reading
The Affordable Care Act’s second open enrollment period ended on Sunday. Well, almost. Some computer problems over the weekend have led the administration to give a one-week extension to people who tried and failed to sign up Continue reading
