by mariettacp | Jul 11, 2012 | Money Tips
A qualified health plan offered through a health insurance exchange is a qualified benefit under a cafeteria plan of a qualified employer. (Effective 2014.)
by mariettacp | Jul 10, 2012 | Money Tips
Threshold for the itemized deduction for unreimbursed medical expenses is increased from 7.5% of adjusted gross income (AGI) to 10% of AGI for regular income tax purposes. (Effective 2013 generally, 2017 for certain taxpayers.)
by mariettacp | Jul 9, 2012 | Money Tips
#1- Filing System Our definition of a filing system is “Make sure you can find it later.” All paper work related to your business (i.e. invoices, sales tickets, deposit receipts, expense receipts, etc.) must be organized and filed in a way that it can be found easily,...
by mariettacp | Jul 9, 2012 | Money Tips
Sec. 6055): Requires insurers (including employers who self-insure) that provide minimum essential coverage to any individual during a calendar year to report certain health insurance coverage information to both the covered individual and to the IRS. (Effective...
by mariettacp | Jul 6, 2012 | Money Tips
Program administered by the Department of Health and Human Services that will foster the creation of qualified nonprofit health insurance issuers to offer health insurance.