NEWS
Taxlink by Andy Biebl
Andy Biebl DTN Tax Columnist
Mon Feb 24, 2014 10:57 AM CST

The 2010 Affordable Care Act (ACA) has created havoc with the ability of small employers to assist employees with health care costs. These new rules are effective for health plan years beginning in 2014, and the sanction, a penalty of $100 per day per employee, is so severe that all employers, even the smallest, must carefully adhere.

EMPLOYER-PROVIDED INSURANCE

In the past, many employers paid some or all of an employee's individual health insurance premiums. This was a tax deduction to the employer and tax-free to the employee. But those arrangements now violate the "market reforms" of the ACA and ...

Quick View
  • Betting on Shorter Beans Researchers at the University of Nebraska and Purdue University have pinpointed a gene that produ...
  • Farming on the Mother Road - 5 Chris Clayton has been continuing his trip looking at the state of agriculture along historic Rou...
  • Farmers Pivot Back After Storms The majority of center pivots damaged by severe weather earlier this summer in Nebraska are up an...
  • Pick Contingency Plans - 3 As crop prices and insurance coverage swoon, farmers may need to supplement incomes with federal ...
  • Weathering the Drought Parts of the panhandle and western Oklahoma are still considered as being in extreme or exception...
  • AFBF Appeal The American Farm Bureau Federation asked a federal appeals court to reverse a lower court's Sept...
  • Pick Contingency Plans - 2 Commodity payments are largely capped at $125,000 per person. People must also report under $900,...
  • Ask the Vet What can I do to prevent the spread of facial warts in my herd?
Related News Stories
View From the Cab
Pick Contingency Plans - 2
Farming on the Mother Road - 4
Farming on the Mother Road - 5
Pick Contingency Plans - 3
View From the Cab
Pick Contingency Plans - 1
Woodbury: Family Business Matters
View From the Cab
Study Your Farm Bill Options