The Tax Exchange
Tax discussions for the business leader
The IRS intends to start assessing large employers with shared responsibility payments if their health plans are not compliant with the Affordable Care Act (ACA). The IRS expects to send letters before Dec. 31, 2017, to assess payments for 2015. Review any assessments carefully.
As new tax bills are proposed and debated, U.S. companies may want to explore the effect on their expatriate workforce, particularly with respect to global mobility.
Effective Nov. 1, 2017, the District of Columbia Office of Tax and Revenue has revised the Qualified High Tech Company (QHTC) sales and use tax compliance process as part of the District’s overall tax modernization efforts.
One of the standout changes enacted by Ohio's House Bill 49 was a new election to participate in the Ohio Department of Taxation’s central administration of municipal net profits tax returns beginning in 2018. How do you decide whether to participate?
On Oct. 12, 2017, President Trump issued an executive order regarding three types of healthcare arrangements: association health plans (AHPs), short-term limited duration health insurance policies, and health reimbursement accounts.
Illinois' Invest in Kids Act provides favorable corporate and individual income tax credits for qualified contributions to scholarship granting organizations—including nonprofits that use at least 95 percent of the contributions for scholarships to lower income elementary or high school students.