Employers: Prepare now for looming health-care mandate

Employers: Prepare now for looming health-care mandate

It’s not too early for business owners to plan for the federal mandate that will require employers to provide to health insurance to workers. Although the deadline for smaller companies (50-99 employees) isn’t until 2016*, business owners may want to start planning early. Census year 2015 will be used as the calculation year for companies,

Business owners seek clarity on health insurance deadlines

Business owners seek clarity on health insurance deadlines

With several delays in the deadline for companies to offer health insurance to employees, owners may have questions about new rules under the Affordable Care Act (ACA). Chris Hennessey reviews the revised deadlines for small and large employers and the penalties they could face for failing to meet the mandate. Originally facing a deadline this

Don’t let the Medicare payroll tax surprise your clients

Don’t let the Medicare payroll tax surprise your clients

Before tax season begins, high-income clients may be seeking clarity on the new taxes introduced this year as part of the federal health-care reform law. Some clients may be subject to the new 3.8% surtax on net investment income as well as an additional 0.9% Medicare payroll tax. These taxes apply to individuals with income