Stacie's More Tax Tips

Employer-Provided Health Coverage Informational Reporting Requirements: Questions and Answers

Published on 2011-10-10 09:02:06

Here is a reminder about the W2 reporting requirements attached to the Affordable Care Act and employer sponsored group health plans. Starting in tax year 2011, the Affordable Care Act requires employers to report the cost of coverage under an employer-sponsored group health plan. To allow employers more time to update their payroll systems, Notice [...]

Tax Tips – What Employers Need to Know About Claiming the Small Business Health Care Tax Credit

Published on 2011-10-08 09:55:23

Many small employers that pay at least half of the premiums for employee health insurance coverage under a qualifying arrangement may be eligible for the small business health care tax credit. This credit can enable small businesses and small tax-exempt organizations to offer health insurance coverage for the first time. It also helps those already [...]

HeLp fOr PeOpLe iN DiSaStEr SiTuAtIoNS

Published on 2011-10-07 09:40:00

Reprinted from the IRS Tax Relief for Victims of Aug. 30 Wildfires in Texas Updated 9/29/11 to include Anderson, Caldwell, Fayette, Henderson, Hill and Rusk counties. Updated 9/27/11 to include Harrison, Smith and Upshur counties. Updated 9/20/11 to include Cass and Marion counties. Updated 9/19/11 to include Gregg, Grimes, Montgomery, Walker and Waller counties. Updated [...]