by Mark Holloway | January 15, 2013 | Compliance Services, Cost of Living Adjustments
Following passage of the American Taxpayer Relief Act of 2012 (the Act)–the legislation that seals the “fiscal cliff” deal–the IRS has issued its final 2013 cost of living adjustments to incorporate the latest tax rates. A couple of these adjustments...
by Mark Holloway | January 4, 2013 | Co-Op Plans, Cost of Living Adjustments, Insurance Exchanges, Misc Health Reform, Tax Issues
President Obama signed into law on Wednesday the American Taxpayer Relief Act of 2012, a last minute compromise by federal lawmakers that pulled the nation away from the “fiscal cliff.” The law makes permanent numerous federal tax provisions scheduled to expire on...
by Mark Holloway | December 13, 2012 | Health Reform
On Friday, December 7, 2012 the U.S. Supreme Court agreed to hear a case on the constitutionality of the Defense of Marriage Act (DOMA) and a case concerning the 2008 ballot measure in California that banned same-sex marriage. The cases will be heard by the Court in...
by Mark Holloway | November 7, 2012 | Compliance Services, State and Local Issues
Same-sex marriage was on the ballot yesterday in four states – Maine, Maryland, Minnesota and Washington. With results in from three of the four states, it appears that proponents of same-sex marriage have won historic victories. Voters in Maryland and Maine...
by Mark Holloway | September 17, 2012 | Health Reform
Last year, Michigan followed the lead of several other states (e.g., New York, Massachusetts, and Vermont) and levied a one percent tax on the value of all claims paid by every insurance carrier and third party administrator for medical care rendered in Michigan to a...