Bad Medicine - Healthcare Watch Dog Page with Current News and Developments in the New Healthcare Bill - July 12, 2010
As the original 2700 pages of Obama’s new health plan gets digested, business owners are beginning to get just a glimpse of what the next several thousand pages will say.
The “How the new healthcare reform Will Affect Your Business & Employee Benefits” seminar, put on by The Henahan Company, highlighted many of the current issues, but also pointed to what the bureaucrats will be adding before the bill is implemented. Emily Murry, spoke to this issue at the seminar. Read More Here
U.S. Business Faces Burden From New IRS Rules - July 7, 2010
An Internal Revenue Service watchdog warned Wednesday the paperwork burdens on small businesses may outweigh the benefit of tax collections generated as part of the new health-care law.
Starting in 2012, about 40 million businesses, charities and other entities will be required to report to the IRS payments they make to suppliers and service providers, the IRS Taxpayer Advocate Service said in its midyear report to Congress. Read More Here
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