LAW OF THE LAND: Small business health care tax credit

William L. "Bill" Martin III Issues

The Affordable Care Act, popularly, or unpopularly, known as “Obamacare,” includes a small business health care tax credit, which can benefit small employers who provide health coverage to their employees. The small business health care tax credit applies to employers who: have fewer than 25 full-time equivalent employees pay an average wage of less than $51,600 a year pay at …

LAW OF THE LAND: Taxpayer Bill of Rights: The Right to Be Informed

William L. "Bill" Martin III Issues

In response to a number of issues, the Internal Revenue Service adopted a “Taxpayer Bill of Rights” (TBOR) in 2014. In all, the TBOR spells out 10 rights for Taxpayers. This article explores the first of those rights – “The Right to Be Informed.” Under The Right to Be Informed, taxpayers have the right to know what they need to …

LAW OF THE LAND: Medicare Part B and TRICARE for life – why you need to pay attention

William L. "Bill" Martin III Issues

Title XVIII of the Social Security Act (Act) provides for federal health insurance for the aged and disabled under Hospital Insurance (Part A) and Supplementary Medical Insurance (Part B) programs. Generally, individuals are eligible to enroll in the Part B program when they reach age 65 and are either citizens or resident aliens continuously living in the United States for …