Phoenix Accounting | ACA Exemptions When filing a tax return this, many tax payers are left scrambling trying to figure a way out of paying the shared responsibility payment for not maintaining minimum essential coverage throughout 2014. The Affordable Care Act...
Phoenix Business Accountant | Obamacare Tax Problems With its implementation, the Affordable Care Act brought with it tons of potential related income tax issues for CPAs and individuals who file their own income tax returns. Employer Shared Responsibility Effective...
Phoenix Business Accountant | ACA and Taxes No doubt you have heard on the news or read in the paper that you are now required to have health insurance or you face a penalty when you file your 2014 income tax returns. But how does this really affect the average tax...
Phoenix CPA | Small Business Health Care Premium Tax Credit The news has been flooded with information on the Affordable Care Act lately, but little has been mentioned regarding the Small Business Health Care Premium tax credit. For tax year 2015, the maximum credit...