by Action Tax | Tax Blog
President Obama has signed H.R. 5771, The Tax Increase Prevention Act. The bill contains a list of over 50 tax extenders that will give you more money to play with as of April 15th. Teachers, commuters, green home renovators and those who live in no-income tax states...
by Action Tax | Tax Blog
It’s possible that small employers that are either new or existing may be able to provide insurance to their employees because of the Small Business Health Care Tax Credit. For the 2014 tax year, the maximum credit is 50% of premiums paid for small business employers...
by Action Tax | Tax Blog
IRS Commissioner John Koskinen addressed hundreds of attendees at the AICPA National Tax Conference recently and noted that the 2015 tax season will be one of the most complicated tax seasons ever. This is, in part, because two new provisions introduced in the Patient...
by Action Tax | Tax Blog
Now that same sex marriage is recognized in 19 states, and imminent in the other 31, employers are finding they have to revise their benefit plans and policies to comply. Since the U.S. vs Windsor ruling last year, those fighting for same sex equality laws have been...
by Action Tax | Tax Blog
If you purchased insurance using the federal or state run insurance exchange, chances are you may have received a subsidy to offset your monthly payments. The purpose of this is to make your payments more affordable. Once you become a part of the exchange, it’s...