Legislation

On February 11, the Treasury Department rolled out a new round of changes to the Affordable Care Act (ACA). The changes will affect medium and large employers, as well as some teachers and volunteer workers. Here are the highlights:

It won’t affect your 2013 tax return, but the National Society of Accountants (NSA) points out that the ACA will soon increase the complexity of tax filing with new rates and regulations that you – and your tax preparer – must know.

A stampede of applications for medical pot dispensaries could end up on the desks of state officials starting today.

With about a month to go before the open enrollment period for Obamacare ends – the official deadline is March 31, 2014 – the federal government continues to tweak the rules for the landmark healthcare legislation.

According to a new report prepared on behalf of the Urban Institute for the Robert Wood Johnson Foundation, the impetus for covering more taxpayers under Obamacare could come from an intriguing source: Tax return preparers.

The recent decision to postpone the employer mandate to provide affordable health care coverage to full-time employees under Obamacare (the “play or pay rules”) is welcome news to certain mid-sized companies.

The burgeoning marijuana industry yesterday hailed a new road map the Obama administration gave banks for doing business with legal pot sellers without getting into trouble, but some financial institutions said it still leaves them in a difficult position.

In the wake of a new report from the Congressional Budget Office (CBO) assessing the impact of Obamacare on employment, Republicans in Congress are renewing some objections to the controversial legislation and modifying others.