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Tax Tips & News: excise

The Affordable Care Act Includes a Tax on Medical Devices. Is That a Bad Thing?

4 minutes read

What’s The Big Deal About The Medical Device Tax?

Were one to listen to the bipartisan rhetoric that has been whipped up in the House against the Affordable Care Act’s 2.3% excise tax on medical devices, it’s easy to see how a relatively small tax can be enough to scare a whole lot of people. Everything from the claims of company closures to the threat of over 43,000 American jobs being shipped overseas is being blamed on this tax, so finding the truth can take a bit of digging past the...

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Tax Implications Of The Affordable Care Act

5 minutes read

Health Care & Taxes

The Supreme Court recently ruled that the Patient Protection & Affordable Care Act (PPACA) is constitutional.  So what does this mean for taxpayers?  A lot.  Almost every taxpayer–whether they currently have or do not have insurance–will be affected; assuming of course that the PPACA remains the law of the land. Below is a list that will impact taxpayers the most:

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