ObamaCare Taxes for Businesses: What You Need to Know!

Taxes, Fees & Penalties in the Affordable Care Act

A Guide to the 14 taxes, fees & penalties affecting businesses & employers

Who Should Read This Book?

Anyone looking for a fairly comprehensive guide for each tax-related item of ObamaCare affecting businesses and employers:

• Small business owners
• Accountants
• Corporate executives
• Business consultants
• Healthcare experts

Benefits of Reading This Book

This book provides the reader with an understanding of how an Affordable Care Act tax issue may affect businesses and employers. It explains who may suffer financially, specifies the related calculations, and gives examples.

• You will learn the dates a tax, penalty or fee will go into effect or has gone into effect.
• You can follow the book's sources of information to the text of legislation, related IRS rules and regulations, and other published government information.
• If you need professional assistance, you can use this book as a guide for discussions with your tax adviser.

Learn about 14 items in ObamaCare affecting many employers

Some items apply to almost all businesses. Some apply to specific industries. And some items apply only to the health industry. The cost of most of the items will be passed on to consumers in one form or another.

Of particular interest is the controversial Employer Mandate Tax, which officially is known as the Employer Shared Responsibility Payment. Of the many new requirements imposed by the Affordable Care Act on employers, none may be more important or costly than the employer shared responsibility payment statute.

Find out how the following items may affect a business:

• Application of the Economic Substance Doctrine
• Excise tax on Cadillac Health Insurance Plans
• Annual fee on Health Insurance Providers
• National Per Capita Reinsurance Contribution
• Patient-Centered Outcomes Research Institute Fee
• Elimination of the Retiree Drug Subsidy
• Medical Device Excise Tax on manufacturers and importers

Bonus Material - 2 Items Not Generating Revenue for the Government

• Small business health care tax credit - find out if you qualify for this much-publicized tax credit.
• Reporting employer provided health coverage in Form W-2 - learn about the new requirement to report health coverage to employees and the IRS.