The good news is manufacturing helped lead the US economy with busier factories. Many manufacturing employers are seeing this growth first hand. A recent trend at trade shows is for exhibitors to display now hiring signs. This week, the U.S. Department of Commerce issued its advance report on durable goods orders for February 2013. Even though […]
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The Magic Number is 50
Your 2013 full time employee equivalents (FTEs) will determine whether you are a ‘large employer’ subject to the IRS ‘free rider’ payment provisions for 2014. The magic number is 50 FTEs. If you have at least 50 FTEs for 2013, you will be required to offer “affordable health coverage” providing a “minimum level of coverage” to your full-time employees, […]
Timeline of the Affordable Care Act – Ready, set, go?
In March 2010 the Affordable Care Act (“the ACA” or “ObamaCare”) became law. In June of 2012, in a closely watched decision, the U.S. Supreme Court found the ACA constitutional. The Supreme Court case also held that individual states have the ability to opt out of the Medicaid expansion elements of the law. The ACA […]