Business & Tax Articles

With the release of Notice 2018-83, the IRS has announced the cost-of-living adjustments for pension plans and other related items for the 2019 tax year.

In addition to various Federal requirements such as the Health Insurance Portability and Accountability Act (HIPAA) that impose obligations on entities to disclose the occurrence of data breaches involving personal information, Pennsylvania law imposes breach notification requirements.

The Internal Revenue Service has announced that it will begin issuing letters regarding potential pay or play penalties to Applicable Large Employers (“ALE”) for the year 2015. Indications are that employers will begin receiving the letters in December 2017 – Happy Holidays!

With the release of Notice 2017-64 the IRS has announced the cost of living adjustments for pension plans and other related items for the 2018 tax year.

What Forest Landowners Need to Know About Estate Planning and Forest Preservation from a Legal Perspective

The IRS has announced (IR-2016-62) the cost-of-living adjustments for pension plans and other related items for the tax year 2017. The following table shows the 2017 dollar limitations in comparison to 2016.

The IRS has announced (IR-2015-118) the cost-of-living adjustments for pension plans and other related items for the tax year 2016. The following table shows the 2016 dollar limitations in comparison to 2015.

The Affordable Care Act (“ACA”) imposes a forty percent (40%) tax on the amount by which the cost of the insurance benefit exceeds an applicable dollar limit. This is referred to as the “Cadillac tax” and is effective for tax years beginning after 2017.

This Article identifies some of the continuing legal challenges to the ACA and identifies actions that employers should consider regardless of pending litigation or possible legislative action.

Highlights of the Opinion regarding King v. Burwell and the Affordable Care Act.

Under the Patient Protection and Affordable Care Act, providers of minimum essential coverage during a calendar year must report certain coverage information to the Internal Revenue Service and to covered individuals. Following are some frequently asked questions regarding this reporting responsibility.

On May 1, 2015, the U.S. Small Business Administration (SBA) announced plans to expedite the implementation of the sole source authority provision in the Women-Owned Small Business (WOSB) Federal Contracting Program and changed the deadline to study which industries are underrepresented by WOSBs.

April 15th has come and gone, but what should you do if you receive a letter from the IRS? A recent "Tax Tip" from the IRS discussed recommendations for taxpayers who receive a notice or letter from the IRS. We share their recommendations with you here.

Under the Patient Protection and Affordable Care Act, providers of minimum essential coverage during a calendar year must report certain coverage information to the Internal Revenue Service and to covered individuals. This article provides an overview of the reporting requirements and responsibilities.

The question presented to the Supreme Court in King v. Burwell (U.S. Supreme Court No. 14-114) is whether the IRS may permissibly promulgate regulations to extend tax-credit subsidies to coverage purchased through exchanges established by the federal government under the ACA.