Robin, a seasoned loophole technocrat from Sherwood Forest and his jolly band of renegades, makes the argument political subdivisions are exempt from all federal taxation. If so then it must follow all political subdivisions such as school districts, cities and counties are exempt from Affordable Care Act (ACA) federal tax penalties.
Continue reading Are Political Subdivisions Exempt From ACA Federal Tax Penalties?
The American health care finance system is a government controlled utility requiring strict adherence to hundreds of onerous government mandates policed by an army of over 85,000 armed IRS agents. Failure to abide whether intentional or not subjects plan sponsors to punishing government sanctions.
SOURCE: Internal Revenue Service
Continue reading Employer ACA Shared Responsibility Provisions
SOURCE: Keenan Blog
The Internal Revenue Service (IRS) has announced the 2024 indexing adjustment for the percentage used under the Affordability Safe Harbors under the Affordable Care Act (ACA) for plan years beginning in 2024. The percentage that should be used for 2024 plan years is 8.39% (which is down from 9.12% in 2023).
Continue reading 2024 Rate for ACA Affordability Calculations
As the largest marine insurance firm in the United States for many years, Atlantic Mutual Insurance Company became involved in some of the most famous shipwrecks in American history.
Continue reading Atlantic Mutual Insurance Company