Top court to rule on PPACA issue — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily

Top court to rule on PPACA issue

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in Small Business Tax,Small Business Tax Deduction Strategies

The U.S. Supreme Court has agreed to hear a case (King v. Burwell, 759 F.3d 358, CA-4, 7/22/14) challenging the availability of premium tax credits provided to individuals under the Patient Protection and Affordable Care Act (PPACA). These tax credits subsidize the cost of health insurance plans, an essential component of PPACA.

The issue: whether credits will be allowed in 36 states that do not have their own health insurance exchanges.

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