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Freed Maxick Service Delivery Update

We have implemented a phased approach for returning to our offices that allows us to modify our approach to service delivery as situations change without any service disruptions. In the meantime and in the interest of public health and the safety of our community, our teams will continue working remotely whenever possible to provide the same high-quality service you have come to expect. Utilizing state-of-the-art technology, we are committed to meeting all of your assurance, tax, and advisory needs to help you navigate a business environment filled with challenges and opportunities. To discuss a specific need that can’t be handled remotely, please contact your Freed Maxick representative directly.

Special Report: Timeline of 2013–2018 Tax Changes in Health Care Reform Legislation

By Freed Maxick on May, 30 2013
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Freed Maxick

Freed Maxick provides accounting, auditing, tax and consulting services and serves public and private companies, not-for-profits and municipalities to enhance profitability, save taxes, improve accountability and preserve wealth.

Thomson Reuters- President Obama’s signature on the Health Care and Education Reconciliation Act of 2010 completed a massive overhaul of the U.S. health care system that was started with the enactment of the Patient Protection and Affordable Care Act, which contained the bulk of the health reform law. The sweeping changes in these two new laws affect nearly all taxpayers, many employers, and many elements of the health care industry.

The centerpiece of the health care reform legislation is the mandate for most residents of the U.S. to obtain health insurance. This mandate carries with it a host of new tax rules, such as new penalties for individuals who choose to remain uninsured, tax credits, and other sweeteners for participating in new insurance coverage, and new penalties for larger employers that don’t provide insurance (or provide coverage deemed inadequate or unaffordable).

Get the Special Report HERE

 

Healthcare Reform Tax Changes
You can also check out our recent webinar for more information. 

Topics that were covered include:

  • Which employers are affected?

  • Which employees are considered?

  • How is the tax calculated, assessed, and reported?

  • What are the salient aspects of the tax and health insurance to address?

If you would like to watch the webinar please click the link HERE.

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