Posts tagged as:

health care reform

New W-2 Reporting Requirements for Health Care Confusing Taxpayers (Already)

10 November 2011

I had prepped myself for the idea that taxpayers were going to be confused by the new health care reporting requirements ever since last year when the rumormongering about taxing health care benefits in 2011 started. I wasn’t expecting taxpayers to be in a dither quite so far ahead of tax season. Judging from the [...]

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IRS Asks for Input on Health Care Law

10 May 2011

The IRS is seeking input on the new health care law as it applies to large scale employers. Check it out by clicking here.

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Health Care Repeal Fails But Key Tax Issue Sails Through

3 February 2011

You know how when you go to the gym at the beginning of the year, you can’t get a spot on treadmill because all of the new folks determined to make a change? All filled with vim and vigor and the best of intentions? (They’re also the ones wearing Uggs on the treadmill and talking [...]

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No Vote on Health Care This Week

10 January 2011

There will not be a vote on health care reform (and related taxes) this week. Speaker of the House John Boehner (R-OH) has issued this statement: Good morning. The thoughts and prayers of the House and the nation are with Congresswoman Giffords and her family. We’re also praying for the families of Judge Roll and [...]

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Does Congress Understand Who Works in Small Businesses?

20 September 2010

Last month, I went on vacation and I saw America. No, I didn’t do some month long cross country trip (though with three kids and a dog in the car, it felt a little longer than it actually was) – just a few hours up the road to Maine. Along the way, we opted not [...]

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Repeal, What Repeal? We’ve Got Egos to Stroke! Special Interest Groups to Pacify!

31 July 2010

Remember those new reporting requirements for businesses that were tucked away inside the health care bill? “Unpopular” doesn’t even begin to describe the provision. So what’s a legislator to do in the midst of an election year? Repeal the very piece of legislation that you passed earlier in the year. Now you can take credit [...]

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No Tax on Health Care Benefits for 2010 or 2011 or…

10 July 2010

How can you tell it’s an election year? By the sheer number of scare tactics and outright lies being shuffled about. An email is making the rounds – again – suggesting that health care benefits will appear on forms W-2 and will be taxed. I was alerted to this fact on yesterday via reader email [...]

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Ask the taxgirl: Health Care Benefits and Taxes

3 June 2010

Taxpayer asks: My brother works for a company who pays $12K a year for his health insurance He is 64, single, no children, no ex-wife My brother understands starting in 2011 the government will treat the $12K as income and he will be taxed on it Also because it is over $8,000 a year it [...]

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New Rules About Forms 1099 Are Causing a Stir

6 May 2010

This week, the internet is abuzz about a provision included in The Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act that expands reporting requirements related to forms 1099. As per usual, there’s some good information out there and some bad… Let’s see if we can’t sift through it. The [...]

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IRS Issues More Info on Health Care Bill

29 April 2010

For months now, both sides have been firing shots in the health care reform debate. Despite the fact that we now have a signed bill, many of the details are yet to be worked out and that causes concern that the bill will either be overworked or under reaching; my best guess is that it’s [...]

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