The Affordable Care Act – Developments and Implications for Public Sector Employers and Employees. Sw / wc Summer leadership conference ALEXANDRIA, MN July 18-19, 2013. Introduction. The 2,000-page Patient Protection and Affordable Care Act (ACA) was passed on March 23, 2010
The Affordable Care Act – Developments and Implications for Public Sector Employers and Employees
Sw/wc Summer leadership conference
ALEXANDRIA, MN July 18-19, 2013
Letter from James P. Hoffa, International Brotherhood of Teamsters, and other union leaders to Pelosi and Reed (on or about July 12, 2013).
See Merline, John. “Local Governments Reeling under Obamacare Costs.” Investors Business Daily 19 Jun 2013.
1.Make someone responsible
2.Determine applicable large employer status
3.Identify all common law employees
1/12 of $2,000 X (# Full Time Employees - 30)
1/12 of $3,000 X # Full Time Employees who enroll on exchange and receive tax credits or cost-sharing reductions
* This assumes that all 15 accept the offer
To comply with certain Internal Revenue Service ("IRS") rules, we must inform you that any U.S. federal tax advice contained in this presentation, including handouts or verbal explanation, is not intended or written to be used, and cannot be used, by any person for the purpose of avoiding any penalties that may be imposed by the IRS. Under IRS rules governing tax advice, a taxpayer may rely on professional advice to avoid federal tax penalties only if that advice is provided in a tax opinion that conforms with extensive federal requirements. We understand that you do not intend to use or refer to anything contained in this presentation to promote, market, or recommend any particular entity, investment plan, or arrangement.
DISCLAIMER: This presentation is intended for general information purposes only. It does not create an attorney-client relationship and should not be construed as legal advice or legal opinions on any specific facts or circumstances.