by Eriksen Insurance | Nov 3, 2014 | Uncategorized
For individual/family plans, what is included in household income for subsidy determination? How do I know what to state for my income to determine subsidies? Household income includes incomes of the taxpayer, spouse, and dependents. In determining eligibility for...
by Eriksen Insurance | Oct 17, 2014 | Health Reform
Yahoo Finance reports: “Tens of millions of Americans without health insurance risk being fined by the IRS as part of the Affordable Care Act, which imposes a tax penalty on those who didn’t purchase medical insurance. But tax experts say up to 20 million people...
by Eriksen Insurance | Oct 3, 2014 | Insurance Reform
Accounting Today reports: “Internal Revenue Service commissioner John Koskinen told a congressional subcommittee about the IRS’s progress on the Affordable Care Act and the impact that tax subsidies will have next tax season. In a hearing before the House Ways...
by Eriksen Insurance | Sep 3, 2014 | Health Laws
The New York Times reports: “Anita Maina was working on an arts and crafts project she found on Pinterest — creating a table out of wood and cork — when she ripped off a fingernail while removing staples from a piece of wood. “It is one of those things that...
by Eriksen Insurance | Sep 3, 2014 | Group Health Insurance, Insurance Reform
Flexible Benefit reports: “The IRS and other agencies have issued three different sets of guidance making it clear that employers cannot give actively employed workers pre-tax dollars through a Health Reimbursement Arrangement (HRA) ,or any other type of...
