Month: January 2015

IRS issues penalty relief related to premium tax credit recapture

  Millions of Americans will receive an unwanted surprise this tax season as a result of the Affordable Care Act (“ACA”). Section 1412 of the ACA provides that a taxpayer may receive assistance in paying premiums for coverage in a qualified health plan through advance payments of the premium tax credit. These advanced premium tax …

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Three sure signs you are about to enter into a bad deal

Entrepreneurs are constantly searching for business opportunities. However, this is not an easy task. Business opportunities come in many forms and shapes from the next big idea, to strategic alliances, to expansions. The hardest part is to find good deals; to separate the good deal from a bad deal. The problem is that a bad …

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