Legislation

ACA 1  54f8578d972bf

March 13, 2015 

Intuit Prepares Accountants for ACA Provisions

It’s the height of tax season and the Affordable Care Act is on everyone’s mind as they try to figure out what that means for their taxes. For many Intuit customers and their clients, there’s help.

Affordable Care Act 1  54d27fffcefff

March 4, 2015 

Are Your Clients ACA Ready?

Now that the Affordable Care Act is completely underway, some business owners have found that they are not prepared to ensure compliance, particularly as new changes go into effect and they prepare to file their 2014 taxes.

Taija Sparkman

recreational marijuana in colorado 9434820 87 1  54f4822c9de03

March 2, 2015 

AICPA to Host Webcast on Legalized Marijuana

As of last week, laws legalizing recreational marijuana use have gone into effect in four states, with nearly half of the states already having medical marijuana laws on the books. Professional service providers, including CPAs, are increasingly ...

 3 Ways Obamacare Affects Income Tax Returns

January 26, 2015 

3 Ways Obamacare Affects Income Tax Returns

Unless you’ve been way out of touch, you probably know that a key part of the Affordable Care Act (ACA), aka Obamacare, requires that taxpayers have qualifying health care coverage. Those without will need to qualify for an exemption, or pay a penalty.

IRS ACA regs 1  54986e2d4a781

December 22, 2014 

CBIZ Offers New Affordable Care Act Compliance System

The employee benefits provider and insurance advisory consultancy CBIZ has released CBIZ ACA CheckPoint, a platform offering the advanced availability of ACA reporting and compliance tools and expertise. The system was developed in conjunction with SyncSt

 Are Your Business Clients Really Ready for Obamacare?

December 12, 2014 

Are Your Business Clients Really Ready for Obamacare?

In March of 2010, when the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Acts were passed, the Individual Mandate seemed like a far off event that we didn’t need to worry about just yet.

 Marijuana and Accounting Revisited

November 25, 2014 

Marijuana and Accounting Revisited

Two years ago, in the wake of the election ballots legalizing recreational use of marijuana, I wrote a small blog post noting that as a new and rapidly-growing industry, there might be an opportunity for a new accounting practice area.

Dave McClure

Medical_Marijuana_Tax_28251526_1_.54638ff8305c6

November 12, 2014 

Legal Marijuana, Taxes and Accounting

It seems too early to make any sweeping financial generalizations based on such a short history. Nor am I interested in gauging the social impacts of marijuana legalization, which is both emotionally charged and unlikely to be resolved soon.

Dave McClure