It’s Benefits Enrollment Time – Know the difference between Health Care Accounts

Westchester NY accountant Paul Herman of Herman & Company CPA’s is here for all your financial needs. Please contact us if you have questions, and to receive your free personal finance consultation! Understanding the Differences Between Health Care Accounts Health care costs continue to be in the news and on everyone’s mind. As a result, tax-friendly ways to pay for these expenses are…

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Small Business Affordable Care Act Reporting Responsibilities

Extended deadlines, confusing terms for business sizes and hiccups in the Small Business Health Options Program (SHOP) Marketplace may have small business owners dreading the next steps for IRS forms and coverage reporting. Fortunately, only 4% of small businesses are subject to the Affordable Care Act (ACA) reporting requirements or the employer responsibility provision. The…

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