Category Archives: Healthcare

Affordable Care Act (Obamacare) Guidance is Coming to Employers

Employers who employ generally 50 full-time employees will have some guidance to the new tax act in regards to their new shared responsibility.  Code section 6056 requires large employers to file information returns that contain: Name Date FEIN Certification as … Continue reading

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Obamacare and the Mixed Up World of Small Business

“If I had a world of my own, everything would be nonsense. Nothing would be what it is because everything would be what it isn’t. And contrary-wise; what it is it wouldn’t be, and what it wouldn’t be, it would. … Continue reading

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CPA Reminder: 2012 Self-employed Healthcare Credit

Yes, I know.  Health insurance is very high and a drag on the small business.  So, lessen the pain by taking the healthcare credit if you qualify.  Here are the facts: Starting in tax year 2011, you take the credit on Form … Continue reading

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Congress Gives Small Businesses a 1099 Reporting Break

Congress is sending a tax bill to the President that will ease up the 1099 reporting requirements created by the Health Bill.  The 1099 provision required businesses, charities and state and local governments to file a 1099 form with the Internal … Continue reading

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Breaking Tax News: IRS Provides Relief for Employer Healthcare Reporting

Under the Affordable Care Act employers are required to report the cost of employer-provided health care coverage on the Form W-2. Notice 2010-69, issued last fall.  The initial act required employers to report this for 2011, and issued on W-2s … Continue reading

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Healthcare Reform: If It Walks Like a Duck and Quacks Like a Duck…We’ll Call it a Toad

 I just returned from a great informative panel on healthcare reform presented the by the LA chapter of the Association of Strategic Planning.  I was surprised to learn that many large and smaller companies are trying to use the independent … Continue reading

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Health Care Act Tax Credit: The Problems of Misclassifying an Employee as an Indepedent Contractor

Health Care Act Tax Credit share: Blog this! Bookmark on Delicious Digg this post Recommend on Facebook Share on Linkedin Share with Stumblers Tumblr it Tweet about it Subscribe to the comments on this post Print for later Bookmark in … Continue reading

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Rick Norris CPA

This is the first post of the Rick Norris CPA blog. Feel free to visit our home page for more information! Enjoy the five new categories. Personal Finances Business Finances Strategic Planning Healthcare Tax Plannng share: Blog this! Bookmark on … Continue reading

Posted in Business Finances, Healthcare, Personal Finances, Strategic Planning | 9 Comments