What is a “Grandmothered” Healthcare Plan?
Right before January 1, 2014, when the Affordable Care Act (ACA) was to go into effect for SMALL BUSINESSES, President Obama’s administration announced a transitional relief program that would let states and insurance companies allow these small group policies to… Read more→
Draft Instructions for Employer Reporting of Health Coverage Released
On Aug. 28, 2014, the IRS released draft instructions for 6055 & 6056 reporting. Draft versions of forms for 6055 & 6056 reporting were released in July 2014. These instructions are draft versions only, and should not be relied upon… Read more→
Three Important Questions about the Impact of Healthcare Reform on Small Businesses
Question: I have heard that because my business employs fewer than 50 full time employees that the new healthcare law does not apply to us. Is that true or false? Answer: The new healthcare law, The Affordable Care Act (ACA),… Read more→