Back in 2014, when the Affordable Care Act took effect, the IRS required businesses to start counting their employees in a very different way than they had ever been required in the past. Businesses kept submitting these counts every month and year, but didn’t hear much from the Feds about the numbers. Read more
Last fall, the President signed an executive order that REQUIRES three federal agencies to formalize some Affordable Care Act (ACA) escape routes. The agencies recently started to issue final rules on those orders, and I have some thoughts on these things now that they are more concrete. Let me Straighten this out a bit…
Sometimes we get emails and communications from our members that project a ton of uncertainty and fear. Like this one:
Early in 2009, my boss directed me to become an expert on the ongoing negotiations in Washington, D.C. that eventually became the Patient Protection and Affordable Care Act (ACA), signed into law on March 23, 2010.
As I sit here in mid-April, I can’t help but think of all the times in the past four years I’ve been confronted by folks who got HUGE tax bills at the end of the year because they bought their health insurance on healthcare.gov, made some errors computing their income and got hit with a surprise bill. This is a great time to review how the Advanced PremiumTax Credits on healthcare.gov work and how to avoid getting nailed with a huge tax bill at the end of the year.