Individual Insurance Mandate Held Unconstitutional Again
News:
A second federal district court has held that the individual insurance mandate in the health care reform legislation is unconstitutional
Published on February 03, 2011
Employee Health Insurance Safe Harbors Expanded
News:
The IRS expanded and revised optional safe harbors on which applicable large employers may rely in complying with requirements starting in 2014 to provide health insurance coverage to their full-time employees
Published on September 10, 2012
Draft Form 8941 Health Insurance Credit for Small Businesses
News:
The IRS issued a draft form for businesses to use in figuring and claiming the new small business health insurance credit
Published on May 13, 2013
Federal Court Rules Health Care Insurance Mandate Unconstitutional
News:
A federal district court has held that the health care reform legislation’s mandate that individuals obtain health insurance is unconstitutional
Published on January 28, 2011
Final Regs. Explain Allocation of Deduction for Prepaid Mortgage Insurance Premiums
News:
The IRS issued final regulations governing the allocation of prepaid mortgage insurance premiums for periods after Dec. 31, 2010
Published on May 04, 2012
Final Regs. Issued on Health Insurance Premium Tax Credits
News:
The IRS issued final regulations governing the Sec. 36B health insurance premium tax credit enacted by 2010’s health care legislation
Published on May 21, 2012
AICPA Proposes Revenue Ruling on S Corp Shareholder Health Insurance Deductions
Comment Letter:
December 27, 2006. Is a shareholder-employee of an S corporation allowed an above-the-line deduction under section 162(l) of the Internal Revenue Code for health insurance premiums paid with respect to a policy purchased in the shareholder's own name? The AICPA has issued a response to IRS Headliner Volume 163, published
Published on March 01, 2010
Health Care Premium Credit Rules Proposed
News:
The IRS released proposed regulations implementing the health insurance premium tax credit, which is effective starting in 2014
Published on August 16, 2011
AICPAs Testimony on Small Business Health Insurance Tax Credit - November 12, 2011
Testimony:
...on Oversight, Committe on Ways and Means, U.S. House of Representatives, for a hearing on November 15, 2011 on the implementation and effectiveness of the small business health insurance tax credit. The credit was enacted
Published on April 05, 2012
Grandfathered Health Plans (under the Patient Protection and Affordable Care Act), June 17, 2010
Tools:
Part II: Group Health Plans and Health Insurance Coverage Relating to Status as a Grandfathered Health Plan Under the Patient Protection and Affordable Care Act; Interim Final Rule and Proposed Rule. Issued by the Department of the...
Published on September 27, 2012
Witnesses Tell Congressional Subcommittee Small Business Health Tax Credit Is Too Complicated
News:
A tax credit enacted to encourage small businesses and tax-exempt organizations to provide health insurance coverage for employees is too complicated and is not meeting its goal, witnesses told a congressional panel on November 15
Published on November 17, 2011
Senate Approves Tax Cut Extender Bill
News:
The Senate voted 81–19 in favor of the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010
Published on January 28, 2011
Congress Sends Tax Cut Extension Bill to President
News:
The House of Representatives late on December 16 by a vote of 277–148 passed the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010
Published on January 28, 2011
January 10, 2011 Tax E-Alert IRS Releases Notice Addressing Non-Signing Preparers in CPA Firms
Newsletter:
This newsletter contains information regarding: Non-Signing Preparers, Tax Practice Guides and Checklists, Energy Property Credit, Unemployment Insurance Reauthorization, and Job Creation Act Of 2010, Representing Your Interests
Published on February 28, 2012
2011 and Later Deaths and Portability
Overview:
For practitioners with 2011 and later years estate clients, the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 included a portability provision for the applicable exclusion amount ($5 million for 2011 and 2012
Published on April 09, 2013