by Leif Jensen | Apr 25, 2010 | General |
The IRC (Internal Revenue Code) S4375 imposes a fee on each specified health insurance policy. The fee is imposed upon the average number of lives covered on the policy. Starting fee is $2 ($1 in policy years ending during fiscal year 2013).
by Leif Jensen | Apr 25, 2010 | General |
Now as part of health care overhaul businesses have to send 1099’s to the world. How long will it take for the government to force individuals to do the same? I can see it happening on the next bill where they next increase the age to collect social security. So...
by Leif Jensen | Apr 25, 2010 | General |
Beginning after December 31, 2010 employers will be required to include the the value of each employee’s health insurance coverage sponsored by the employer. I believe the purpose of this is for determining those whom have Cadillac insurance plans (additional future...
by Leif Jensen | Apr 25, 2010 | General |
The Patient Reconciliation Act also imposes a 10% tax on the amounts paid for indoor tanning services. Apparently our government is planning on implementing new taxes on every odd aspect of our lives. I can’t wait to see the 100% pizza delivery and eating...
by Leif Jensen | Apr 17, 2010 | General |
Ok, we have some fun things coming down the road for all those evil people that make too much money according to the government. Our government will soon make sure that they pay their fair share and a bit more. In 2013 there will be a new Medicare tax on gross...
by Leif Jensen | Apr 16, 2010 | General |
A business plan can be one of the most useful tools for a new business. But how many businesses actually have one in any form? I instruct my clients to start with a sentence or two of what you want to do and for whom; a brief mission statement. Once you have the...
