The IRS and Treasury Department are seeking feedback from small business owners who employ at least 50 full-time staff members on the Affordable Care Act. The Affordable Care Act requires employers of 50 full-time workers or more to help pay for the cost of government-run health insurance to their employees. If you are such an employer, the portion you have to pay is called your ‘shared responsibility’ payment and this provision in the Act comes into effect in 2014.
This notice seeks views on several issues that will be included in future guidance for employers on how to comply with the provisions of the Act. For example, one of the views sought is the criteria to determine who is a full-time employee.
Please see full article below for more information.
Firefox recommends the PDF Plugin for Mac OS X for viewing PDF documents in your browser.
We can also show you Legal Updates using the Google Viewer; however, you will need to be logged into Google Docs to view them.
Please choose one of the above to proceed!
LOADING PDF: If there are any problems, click here to download the file.
Health Law Updates, Insurance Updates, Labor & Employment Law Updates, Tax Law Updates
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
© Darrin Mish, Tampa Tax Attorney, The Law Offices of Darrin Mish, P.A. | Attorney Advertising