Health Care Thoughts: Small Business, Obamacare, Tax Credits ...

Posted by Dan Crawford (Rdan) | 5/31/2012 08:14:00 AM

by Tom aka Rusty Rustbelt


Health Care Thoughts: Small Business, Obamacare, Tax Credits


I am still struggling to get my arms around whether or not small businesses will dump employees into health exchanges rather than continue health care coverage. And still looking at related issues.
So what to make of the AP tax credit story today?
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There are arguments about design, about complexity, about the tilt toward low wage employers, but whatever arguments we like or dislike, the program isn't working very well.
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CPAs may well be baffled on how to advise clients, and may find themselves doing a lot of calculations that are for nought.
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Any thoughts welcome. Reference materials follow:
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AP Story: http://news.yahoo.com/obamas-health-care-aid-small-firms-disappoints-070352794.html
IRS Form: http://www.irs.gov/pub/irs-pdf/f8941.pdf
IRS Form Instructions:http://www.irs.gov/pub/irs-pdf/i8941.pdf

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