Recently, the IRS announced 2024 indexing adjustments to the applicable dollar amount used to calculate employer shared responsibility penalties under the AffordableCareAct(ACA). Although next year ...
... the AffordableCareAct(ACA) created the credit. The American Rescue Plan Act (ARPA), signed into law in March 2021, made several significant enhancements to the PTC. Although these changes expand access ...
... more of 10 targeted groups. The new law extends this credit through 2020. The medical device excise tax is repealed. The AffordableCareAct(ACA) contained a provision that required that the sale ...
... benefits. 1. Credit for paying health care coverage premiums The Affordable Care Act(ACA) offers a credit to certain small employers that provide employees with health coverage. Despite various congressional ...
... could potentially be subject to two taxes under the AffordableCareAct(ACA): 1) the additional 0.9% Medicare tax, and 2) the net investment income tax (NIIT). These taxes apply when certain income exceeds ...
Now that AffordableCareAct(ACA) repeal and replacement efforts appear to have collapsed, at least for the time being, it’s a good time for a refresher on the tax penalty the ACA imposes on individuals ...
... investment income tax (NIIT), and passive losses generally are deductible only against passive income, with the excess being carried forward. Of course the NIIT is part of the AffordableCareAct(ACA) ...
... that the NIIT is part of the AffordableCareAct(ACA), and lawmakers in Washington are starting to take steps to repeal or replace the ACA. So the NIIT may not be a factor in the future. In addition, ...
It seems like a simple question: How many full-time workers does your business employ? But, when it comes to the AffordableCareAct(ACA), the answer can be complicated. The number of workers you employ ...