Affordable Care Act Reporting Relief for Employers
On December 22, 2017, The Tax Cuts and Jobs Act was signed into law. The information in this article predates the tax reform legislation and may not apply to tax returns starting in the 2018 tax year. You may wish to speak to your tax advisor about the latest tax law. This publication is provided […]
Help Your Own Finances With These Essential Best Practices
As an entrepreneur, the urge to try to handle everything yourself when it comes to your business is a strong one. It’s also perfectly understandable – after all, that “can-do spirit” has gotten you incredibly far in life up to this point. Having said that, there are certain elements that you’ll need to release control […]
2015 Transition Relief under the Employer Shared Responsibility Provisions
On December 22, 2017, The Tax Cuts and Jobs Act was signed into law. The information in this article predates the tax reform legislation and may not apply to tax returns starting in the 2018 tax year. You may wish to speak to your tax advisor about the latest tax law. This publication is provided […]
Plan Ahead To Leave a Lasting Legacy
In the unfortunate event that you should pass away without an estate plan (or at the very least, a will) in place, a number of potentially distressing things can happen. Not only can it cause a lot of unnecessary stress during the grieving process, but it also requires a major time and financial commitment from […]
Penalty for Not Having Health Insurance Surprises Many
On December 22, 2017, The Tax Cuts and Jobs Act was signed into law. The information in this article predates the tax reform legislation and may not apply to tax returns starting in the 2018 tax year. You may wish to speak to your tax advisor about the latest tax law. This publication is provided […]
Why It’s Never Too Early to Start a Savings Account for Your Children
Parents – especially new ones – are always looking for new ways to improve the lives of their children. Surprisingly, one of the most effective opportunities that people also often overlook has to do with starting a savings account for that child as early as they’re capable of doing so. On the one hand, no […]
Understanding the Health Insurance Mandate
As of 2014, the Affordable Care Act imposed the new requirement that all people in the United States, with certain exceptions, have minimum essential health care insurance or they will be subject to a penalty. How this affects your family will depend upon a number of issues. Penalty ends after 2018. Already InsuredIf you have […]
Financial Planning for All Ages
Are you wondering where the world economy is going and how your personal finances will stand up to the changes? If so, you are not alone. Part of the fun of being on this planet is planning for the future even when it’s not clear what will happen tomorrow or next week. If you’re old […]
Hardship Exemption Rules for Not Having Health Insurance Eased
Article Highlights: Shared Responsibility Payment Executive Order Hardship Exemption Exemption Certification Number The Affordable Care Act (Obamacare) included a “shared responsibility payment,” which in reality is a penalty for not having health insurance. Along with this penalty came a whole slew of exemptions from the penalty, including some that were designated as “hardship” exemptions. However, […]
The Curious Case of the Hole-in-One: Tax Ramifications and Legal Wranglings Unfold
In a tale that could rival even the most gripping golf tournament dramas, a recent event in Central Florida saw a hole-in-one winner denied her coveted prize – a brand-new Mercedes-Benz. Linda L. Chen’s remarkable feat on the 11th hole at Isleworth Golf & Country Club in Windermere on May 22 was met with disbelief […]