Following up on a recent announcement, on July 9, 2013 the IRS issued Notice 2013-45 to establish a one-year delay in the implementation of the employer mandate tax and related reporting requirements adopted under the Patient Protection and Affordable Care Act (PPACA). … Continue Reading
As reported in Health care reform: The implications of Supreme Court’s decision for employers, “the heart of the law requires that ‘large employers’ offer a medical plan that provides ‘minimum essential health benefits’ to their full-time employees or pay a tax effective Jan. 1, 2014.” So which employees are full-time employees? The Patient Protection and … Continue Reading
Today in a landmark decision, the United States Supreme Court decided that the Patient Protection and Affordable Care Act (PPACA) is constitutionally permissible. In a closely divided 5 – 4 decision, the Court ruled that the so-called “individual mandate” was constitutional as a tax. Based upon the Court’s ruling, the PPACA will continue. Although some of … Continue Reading
