Tax & Employee Benefits Law

Health Care Reform Requires Employers to Give New Notices to Employees Beginning October 1, 2013

Health Care Reform Requires Employers to Give New Notices to Employees Beginning October 1, 2013

Under the Patient Protection and Affordable Care Act (PPACA or Affordable Care Act), employers that are subject to the Fair Labor Standards Act are required to provide a new notice to employees.  Notice to Employees of Exchange Coverage Options   A “Notice to Employees of Exchange Coverage Options” must be given to inform employees of health care coverage options that…

Large Employers Receive Additional Year to Implement Employer Mandate Provisions of Affordable Care Act

The Obama Administration made a surprise announcement yesterday that implementation of the new employer and insurer reporting requirements under the Affordable Care Act (ACA) has been postponed. Planned to commence on January 1, 2014, implementation of the large employer penalty and related employer mandate have been pushed back one year. This means that employers and/or employer groups with 50 or…

Healthcare Reform Resources

KDDK attorneys Steven M. Theising and Ashley R. Bess today gave approximately 75 local business representatives a “reality check” as deadlines related to the Patient Protection and Affordable Care Act approach. Among many key topics addressed were coverage changes, the individual mandate, health insurance exchanges, the employer mandate, and taxes, credits and fees for individuals and employers.  The Kaiser Family…

FREE SEMINAR:  “Healthcare Reform in Indiana: A Reality Check as Deadlines Approach”

FREE SEMINAR: “Healthcare Reform in Indiana: A Reality Check as Deadlines Approach”

Deadlines related to healthcare reform in Indiana are rapidly approaching.  Is your business ready?  (Are you sure?)  If not, there’s still time to register for a FREE business seminar re: the Patient Protection and Affordable Care Act presented by KDDK attorneys Steven M. Theising and Ashley R. Bess. Sponsored by WorkOne Southwest and the Gibson County Chamber of Commerce, the…

Fiscal Cliff Avoidance- American Taxpayer Relief Act

Washington has avoided the Fiscal Cliff for the time being with the passing of the American Taxpayer Relief Act (“Act”).  While this Act addresses various tax issues, the below focuses on several key issues of the Act: The top marginal income tax rate will increase from 35% to 39.6% for individuals with taxable income above $400,000 and married taxpayers filing…

Fast-Approaching “Fiscal Cliff” Could Mean Higher Taxes for Most Taxpayers

In the wake of the recent Presidential election, the focus of many politicians in Washington has turned to the fast-approaching “fiscal cliff,” a combination of federal spending cuts and tax increases designed to combat the growing federal deficit.  While it is still uncertain as to whether Congress will enact subsequent measures to avoid the “fiscal cliff,” it is important for…

Indiana Tax Sale Notice Statute Ruled Unconstitutional

On July 16, 2012, the Indiana Court of Appeals issued an opinion in  M & M Investment Group, LLC v. Ahlemeyer Farms, Inc. and Monroe Bank declaring the pre-sale notice provisions of the tax sale statute to be unconstitutional.  In this case Monroe Bank challenged the constitutionality of Indiana Code section 6-1.1-24-3(b), which provides that a county auditor only has…

Individuals – The Effect of the Patient Protection and Affordable Care Act

With the Supreme Court recently upholding the Patient Protection and Affordable Care Act (PPACA) employers and individuals need to be prepared to comply with PPACA.  The following summarizes some of the key provisions and effective dates relating to individuals: Beginning in 2014, individuals will be required, with some exceptions, to maintain minimum essential health insurance coverage, or pay a penalty…

Employers and Businesses – Compliance with the Patient Protection and Affordable Care Act

With the Supreme Court upholding the Patient Protection and Affordable Care Act (“PPACA”), employers and individuals need to be prepared to comply with the PPACA.  The following summarizes some of the key provisions and effective dates relating to businesses: For months beginning after December 31, 2013, large employers may be subject to a “shared responsibility payment” if any full-time employee…