The Patient Protection and Affordable Care Act mandates for the formation of a state based health insurance Exchange. These Exchanges will serve as a regulated insurance marketplace where all the transactions and health plans will be in accordance to the federal healthcare reforms. Initially the Exchange will only be open to individuals and small firms … Read more
Recently barred fast track resolution by the U.S. Supreme Court, opponents of the Affordable Care Act (ACA) have resumed their legal quest to derail the law through the traditional Circuit Court route. Twenty-six states last week filed a motion in the 11th Circuit Court of Appeals in Atlanta urging the court to strike down the … Read more
The Patient Protection and Affordable Care Act includes changes in the delivery of health insurance and several new income tax provisions. The implementation of these new rules over several years is a major focus oftax continuing education for Enrolled Agents and other tax professionals. Coverage Changes Starting in 2010, an adult child up to age … Read more