NASE Health Blog

Advice and information on small business health insurance coverage.

Monday, July 08, 2013
The NASE has created to two page brief that highlights the Affordable Care Act and its impact on America's smallest Businesses.  It is a great tool that breaks down the complicated legislation and makes it easier to understand. Click here for the Affordable Care Act in Brief PDF file
Monday, June 18, 2012
Posted by Keith Hall (NASE National Tax Advisor) - I have been fortunate enough over the last 10 years or so to travel all over the United States talking to small-business owners. We have conducted hundreds of seminars and webinars helping thousands of small-business owners with just one more question. We learned that most of the questions fall into one of four categories, Taxes, Access to Credit, Getting more customers, and How can I save on health care. This last group of questions may seem to be the odd man at the table, but the affordability of health care continues ...
Tuesday, April 10, 2012
Posted by Keith Hall (NASE National Tax Advisor) - For most of us tax time is not the most rewarding time of the year and is typically ranked right up there with visiting the dentist. Statistics would indicate that our commitment to flossing is only evident in the few weeks right before that dentist appointment. And likewise our commitment to tax planning is most likely limited to the few weeks right before the return is due. Unfortunately, in both cases, by that time it is already too late to make any real difference.    Most tax planning strategies end with the ...
Tuesday, February 14, 2012
Q: I set up an HRA 105 for my wife, who is employed by me in my home office. My understanding is that both her and my qualified medical expenses from the HRA can be deducted but cannot find a suitable category on TurboTax to enter this amount. Please advise where this amount is entered. A: If I can be so bold, let me change your terminology a bit as it relates to your HRA 105 plan.  You DID NOT set up an HRA 105 plan for your wife, but instead your Company adopted an HRA 105 plan for the benefit ...
Thursday, October 20, 2011
Q: Today, I read [NASE President] Kristie Arslan's testimony to the Senate Committee on Small Business & Entrepreneurship regarding extending the Small Business Jobs Act of 2010. I am curious to know what the difference is between the Small Jobs Act of 2010 and the HRA 105 benefit? I do not fully understand the Act but I do have a pretty good grasp on the HRA 105 and to me, they sound very similar. A: The Small Business Job Act of 2010 was a comprehensive act that affected many more areas than just health care costs but I assume you are interested in ...
Wednesday, August 31, 2011
Q: I am doing my 2010 taxes and told my tax preparer about the one-time business deduction for health insurance premiums for 2010. However, she still records it as an adjustment to income. How do I convince her that this is okay for 2010? A: The IRS accounted for the new deductibility differently than most people expected. The deduction for federal income tax is still accounted for in the same way as in previous years, by including the qualified premiums on page one of Form 1040, Line 29. This is an adjustment to income as you mentioned and is indeed the same as ...
Monday, July 18, 2011
Posted by Mike Beene - Exchanges are perhaps the most appealing feature of the health care reform law to those on both sides of the debate. Many believe that exchanges will survive even if the law does not. There were broad calls for reform to the market for people who buy their own coverage long before the Patient Protection and Affordable Care Act (PPACA) was born. And exchanges are not a new creation. Several states had them before the PPACA was even written. An exchange as envisioned by the PPACA is a marketplace where individuals and small businesses can shop ...

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