Understanding the effects of the three repealed ACA taxes and fees. On December 20, 2019, the Trump administration signed the 2019 continuing spending resolution that repealed several Affordable Care Act (ACA) taxes. With these repeals coming into effect this year and next, it’s important for employers to understand how the repeals will affect their bottom lines. To keep you informed,
Here are some of the things you should ask your insurance agent about. As a business owner, you want to do everything in your power to protect your company. This is why it’s so important to have the right business insurance in Detroit, Michigan. Unfortunately, many business owners do not know enough about commercial insurance to make informed coverage decisions. This is
Don’t make these common mistakes with your workers compensation insurance. Workers compensation insurance is one of the only legally mandated forms of business insurance in Detroit, Michigan. Unfortunately, many small business owners are not familiar with this type of coverage, and they often make costly mistakes. To ensure that you aren’t violating your state’s insurance laws or overpaying for your
Why you should list snowmobiles, jet skis, and other toys for personal liability coverage. If you carry homeowners, renters, or condo insurance, then your policy provides personal liability coverage. This type of insurance is designed to protect your current and future assets in the event that you or a member of your household is accused of causing injuries or property
What IRS transition relief means for 2019 ACA reporting. On December 2, 2019, the IRS issued a notice that changes ACA reporting standards for employers. Notice 2019-63 comes as a result of the IRS recognizing that employers may need additional time to prepare the appropriate ACA documentation and paperwork. Curious to see what IRS transition relief means for you? Then