Tax Talk

Online S.H.O.P. enrollment has been delayed for one year. Here are 5 things small businesses will want to know concerning group health care plans.

On November 27, the White House released a statement delaying online enrollment for the S.H.O.P. portion of the Affordable Care Act (ACA, also known as Obamacare) for one year. Eligible small businesses, particularly those with fewer than 25 employees should review what this means to them. Here are things you will want to know: 1. […]

Posted in Business Tax Tips, IRS Updates Tagged Affordable Care Act, Harrodsburg, health insurance, KY Tax Reform, ObamaCare, Tax Credits Leave a comment

Protect your babies and your great-grandmother ~Get a flu shot.

I often hear adults say. “I don’t have time for a flu shot.” or “The flu shot makes me feel bad.” But did you know that if you get a flu shot, you protect others around you from getting the flu? If you don’t bring the flu home, they’ll be less likely to be exposed […]

Posted in CPA in Harrodsburg, KY, Preparedness Tagged ACA, Affordable Care Act, health insurance, medical, ObamaCare Leave a comment

Why Provide Written Notice about the Health Insurance Marketplace

Yes, there has been a lot of hype about the requirement for ALL employers to provide written notice about the Health Insurance Marketplace. Much of this hype has been promoted by companies wanting to sell you the “correct” wording and method to meet the requirement. But is that really necessary? Yes, if you are subject […]

Posted in Business Tax Tips, CPA in Harrodsburg, KY, CPA near Danville, KY, CPA near Lexington, KY Tagged Affordable Care Act, employee notice, Harrodsburg, health insurance, ObamaCare, Play or pay, Small Business Taxes, W-2 Leave a comment

One thing you need to know about Obamacare if you have a kid age 18 – 25 (or if you are that kid).

November and December are open season for most health insurance plans.  It is important to consider now whether you need to cover your young adult in your family plan.  Your employer should notify you of open season for the employer plan.  If your employer does not offer a plan or you do not have insurance […]

Posted in CPA near Lexington, KY, Tax Tips Tagged Education, health insurance, insurance, medical, ObamaCare, Play or pay, under age 26 Leave a comment

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