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Showing 2 posts tagged Treasury Department.
Businesses – Loans and Tax Relief for the COVID-19 Crisis Are Available
After the passage of the CARES Act stimulus package, there are more than a few current items of relief available to businesses impacted by the crisis, outlined below. More >
Coalition Sues Treasury to Stop IRS Tax Penalties Under ACA
Posted In Corporate and Business Tax
In one of at least seven current lawsuits involving the Affordable Care Act, a coalition of 12 businesses and individuals has filed suit against the Department of the Treasury seeking to halt implementation of ACA tax penalties in states that haven't set up health insurance exchanges. The IRS issued new tax rules in 2012 in anticipation of the health care law, and the coalition claims some of the rules directly contradict Congress's intent. More >