On March 30, President Obama signed the Health Care and Education Reconciliation Act, the companion law to the Patient Protection and Affordable Care Act of 2010. The new Act reflects the House and Senate's changes to the original bill.
Because of the size and complexity of these new laws, I thought it would be helpful to highlight some of the key provisions that may affect your business or impact your personal tax situation. I found an excellent summary written by Schenck's Tax Team.
Click here to learn about:
CHANGES IN EMPLOYER PROVIDED HEALTH CARE PLANS
INCREASED MEDICARE TAXES
INCREASED INFORMATION REPORTING BY BUSINESSES
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