By Ben Kinsey, CPA
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| Image courtesy Blue Diamond Gallery |
It’s been said that the
only things in life that are guaranteed are death and taxes. Well, I’d like to add another codicil to that
tenet called Healthcare Reform. I say this
because ever since the so-called Affordable Care Act was signed into law back
in 2010, it has been kicked around like the mother of all political
footballs. Even as 2019 had barely
begun, US District Court Judge Reed O’Conner declared the ACA unlawful. He ruled the mandate requiring the American
public to buy health insurance was unconstitutional. Back in 2012, the Supreme Court ruled that
the law fell under the Senate’s taxation powers, rendering it
constitutional. As the football and the
buck is being passed back and forth while the issue is being decided by the
Fifth Circuit Court of Appeals. I thought I’d take the time to write about
what’s in store for businesses in the coming year.
