The CPA Desk

A Thought Leader Production by PKFTexas

Tag Archives: Affordable Care Act

How Well Do You Know Your Health Care Accounts?

There continues to be much uncertainty about the Affordable Care Act and how such uncertainty will impact health care costs. So it’s critical to leverage all tax-advantaged ways to fund these expenses, including HSAs, FSAs and HRAs. Here’s how to make sense of this alphabet soup of health care accounts. HSAs If you’re covered by… Continue Reading

Tax credits just for small businesses may impact your 2017 and 2018 tax bills

Tax credits reduce tax liability dollar-for-dollar, potentially making them more valuable than deductions, which reduce only the amount of income subject to tax. Maximizing available credits is especially important now that the Tax Cuts and Jobs Act has reduced or eliminated some tax breaks for businesses. Two still-available tax credits are especially for small businesses… Continue Reading

Afforable Care Act Webinar from Department of Labor – 8/29

The U.S. Department of Labor’s Employee Benefits Security Administration today announced an upcoming webcast. “The Affordable Care Act: How Will It Affect Me?” will take place Thursday, Aug. 29 from 1-2 p.m. EDT. EBSA staff will be joined on the webcast by colleagues from the Department of Health and Human Services. The webcast discusses the… Continue Reading

IRS creates “Healthcare Law Online Resources” site and Publication

IRS creates “Healthcare Law Online Resources” site and Publication The IRS has posted Publication 5093, Healthcare Law Online Resources, on its website. The page has a section for employers as well as individuals that has links to employer resources for information on health insurance, tax/legal responsibilities, and small business resources. The link to health insurance… Continue Reading

Affordable Care Act: Employer Responsibilities

Greg: This is PKF Texas, the entrepreneur’s playbook. I’m Greg Price, director of consulting solutions and I’m here again with Tina Winograd, a payroll specialist in our accounting department at PKF Texas. Tina, the last time you were here, you talked about some provisioning coming as it pertains to the Affordable Care Act. Is that… Continue Reading