Articles

April 15th has come and gone, but what should you do if you receive a letter from the IRS? A recent "Tax Tip" from the IRS discussed recommendations for taxpayers who receive a notice or letter from the IRS. We share their recommendations with you here.

Under the Patient Protection and Affordable Care Act, providers of minimum essential coverage during a calendar year must report certain coverage information to the Internal Revenue Service and to covered individuals. This article provides an overview of the reporting requirements and responsibilities.

The question presented to the Supreme Court in King v. Burwell (U.S. Supreme Court No. 14-114) is whether the IRS may permissibly promulgate regulations to extend tax-credit subsidies to coverage purchased through exchanges established by the federal government under the ACA.

A properly drafted and executed Power of Attorney can offer untold protection and peace of mind when you or a loved one become incapacitated or need assistance in managing financial affairs. Let's review what has changed as of January 1, 2015.

The implementation of the Affordable Care Act (ACA) has significantly altered the landscape of employment and employee benefits, and new final regulations promulgated by the federal government continue that trend.

On February 12, 2014, the Internal Revenue Service issued final regulations with respect to the Affordable Care Act (ACA). This Part IV of a series of articles deals with the transition relief afforded to non-calendar year plans.

Purchasing life insurance is one of the most important decisions a person can make. However, this purchase can be undermined by lack of thoughtful planning regarding beneficiary designations. Below are five common errors to avoid when naming beneficiaries.

On February 12, 2014, the Internal Revenue Service issued final regulations with respect to the Affordable Care Act (ACA). Part I of this series of articles provides an overview of the Final Regulations and Part II addresses transitional relief from the “play or pay” penalties. Part III, below, deals with the monthly measurement method to identify the full time employees to whom minimum value coverage must be offered in order to avoid penalty.

On February 12, 2014, the Internal Revenue Service issued final regulations with respect to the Affordable Care Act (ACA). Part I of this series of articles provides an overview of the Final Regulations. Part II addresses the 2015 transitional relief from the “play or pay” penalties available to applicable large employers.

In our last article, we discussed why having a valid Power of Attorney is essential to your future well-being. While the responsibility of selecting a trustworthy agent to act on your behalf may seem overwhelming, there are options to consider when establishing your Power of Attorney that may make the decision easier.

On February 12, 2014, the Internal Revenue Service issued final regulations with respect to the Affordable Care Act (ACA). The regulations are effective for periods after December 31, 2014, but may be relied on at the present time. This overview will provide a summary of the regulations and subsequent articles will address specifics.

As employers begin to feel the impact of the Patient Protection and Affordable Care Act (“ACA”) on their health benefit costs, many small employers (100 or fewer employees) are searching for ways to avoid the shared responsibility penalty by providing affordable coverage for employees.

There is a television commercial for a large mutual fund company in which seemingly remote events influence unrelated outcomes around the world.

The American Taxpayer Relief Act (“ATRA”) signed into law by President Obama on January 2, 2013 made the concept of “portability” permanent.