Baird, Blackburn & Associates - CPAs

11/11/2013

Now is the time to get er done tax planning wise.

B2A is a full service tax, accounting and business consulting firm located in Bountiful, UT

10/10/2013

The Patient Protection and Affordable Care Act of 2010, in concert with the enactment of the Health Care and Education Tax Credits Reconciliation Act of 2010, resulted in a number of changes to the US tax code. As such there are a number of tax implications for individuals and businesses. With healthcare exchanges set to open on October 1, it's time to take a closer look at what it all means for you

http://www.bairdcpa.com/newsletter.php?date=102013 #1

B2A is a full service tax, accounting and business consulting firm located in Bountiful, UT

10/04/2013

Thought I would share some info on the new Affordable Healthcare Act from a weekly tax letter I read this morning (exciting I know). Several groups of people are exempted from the individual mandate: Individuals for whom coverage is too expensive. If an employee is eligible for coverage but his or her share of the premium exceeds 8% of the household's AGI the penalty tax doesn't apply. Ditto for folks who are ineligible for employer coverage if the cost of a basic bronze-level plan in an exchange, less any federal tax credit for buying insurance, exceeds 8% of the household's AGI. Members of households where total income is below the level needed to file a tax return are also expected as are members of religious groups opposed to private or public insurance.