Obamacare

The Supreme Court of the United States is expected to rule by the end of June on the latest challenge to the Affordable Care Act in the case of King v. Burwell.

Since its passage in 2010 with a number of deferred tax provisions, the Affordable Care Act has been a fertile source for new items of tax interest almost every year.

The House voted Thursday to repeal the medical device tax that was included in the Affordable Care Act.

The Centers for Medicare and Medicaid Services’ internal controls did not effectively ensure the accuracy of nearly $2.8 billion in financial assistance payments to insurance companies under the Affordable Care Act during the first four months that the payments were made, according to a new government report.

If the Supreme Court issues a ruling later this month that financial subsidies on the federal health care exchange are legal in King v. Burwell, it would be time to shift the conversation about the Affordable Care Act and focus on substance, the secretary of the Department of Health and Human Services said Thursday.

The House introduced legislation that aims to make it easier for individuals, employers, states and the federal government to determine who is eligible for premium tax credits under the Affordable Care Act.

The Internal Revenue Service did not receive much of the information it needed early this tax season from health insurance exchanges to verify taxpayers’ qualifications to claim tax credits to subsidize buying health coverage, according to a new report.

Chris Rush of ADP describes some of the latest products and services that ADP is offering for accountants, in an interview with Accounting Today editor-in-chief Dan Hood.

Chris Rush of ADP discusses the changing demographics, technology and regulation in the accounting profession and how firm leaders can deal with succession planning, recruitment, retention, cloud computing, and the Affordable Care Act, in an interview with Accounting Today editor-in-chief Dan Hood.

The head of a Senate investigative subcommittee said he plans to look into problems with the health insurance marketplaces set up for the Affordable Care Act that forced many taxpayers to owe some of the tax credit money they had received for buying health insurance.