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New IRS Penalty Relief for Small Employer Health Insurance Premium Payment Plans

Monday, April 20, 2015

[fusion_text]Business owners nationwide have been scrambling to find ways to adhere to the rules and regulations set forth in the Affordable Care Act (ACA),which was enactedin 2010. Of course, many of the provisions regulating small businesses and theirowners did not come into effect until 2015, although thisstill presented significant challenges for many. Specifically, one of […]

IRS Issues Private Letter Ruling Benefitting Investor-Owned Hospitals and Other Companies that Manage Professional Practices

Tuesday, February 3, 2015

The Internal Revenue Service (IRS) issued a private letter ruling in December2014(PLR 201451009) that has gotten the attention of professional management companies and investor-owned hospitals that have managerial interests in captive professional corporations (PCs). The IRS ruled that captive PCs may be members of an affiliated group which includes the management company or investor-owned hospital […]