by churchshie | Sep 17, 2013 | Healthcare
Under the Affordable Care Act (“Obamacare”), a church may have to notify its employees about the state-run insurance exchanges that will debut sometime in 2014. This requirement applies to all employers who are subject to the Fair Labor Standards Act...
by churchshie | Aug 30, 2013 | Accounting, Healthcare, Tax
Is your church properly classifying its workers as employees or independent contractors? With the implementation of the Affordable Care Act the IRS will examine independent contractor classifications more carefully and the penalties and fees for mis-classification...
by churchshie | Jan 25, 2013 | Accounting, Economy, Healthcare
We get asked this question a good amount as the law goes into effect less than a year from now. The very first place we go to answer that question is to determine if the ministry is a “Large Employer” and therefore, likely subject to the law. To be considered a...
by churchshie | Nov 8, 2012 | Healthcare
We came across this article from Anthem BlueCross BlueShield about a changing perspective with regard to how we buy healthcare. We agree, simply paying more for health care doesn’t mean that you are getting better health care. Every employer’s health care situation...
by churchshie | Jul 11, 2012 | Accounting, Congress, Economy, Healthcare, Tax
One of the main provisions from the Patient Protection and Affordable Care Act (A.K.A. the healthcare bill, Obamacare) that will affect churches and ministries the most is the tax credit for eligible small businesses and small tax exempt organizations. The credit will...
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