Breaking Archive

April 25, 2016 – Last week, the Alabama Bankers Association hosted a very successful Legislative Day. A total of 288 students and chaperones representing 21 banks visited Montgomery for tours of the State Capitol, the State House, and the Department of Archives and History. ...Read More

IRS has published[1] the indexed affordable threshold for 2017 at 9.69 percent; up from 9.66 percent 9.56 percent for 2015. This is the multiplier used at the Exchange to determine if an applicant was offered “affordable” coverage by his/her employer. The Exchange operates under code §36B, ...Read More

April 5, 2016 – The Alabama Legislature returns to Montgomery today from their “spring break” week to begin the second half of the regular session. Many eyes will be watching the House of Representatives because of Rep. Ed Henry’s (R-Hartselle) indication that he will ...Read More

MONTGOMERY, March 29, 2016 – Without question, the last two weeks in Alabama politics have been, to say the least, eventful. But in the midst of all of the chaos involving the executive branch, the Alabama Legislature’s 2016 Regular Session crossed its actual (the 15th ...Read More

With the current focus on ACA reporting, we are observing[1] more employers giving close attention to common control issues and discovering that indeed they are members of an aggregated group of applicable large employers and must report such on their 1094-C filing. We see ...Read More

March 8, 2016 – The Legislature met for two days last week, Tuesday and Thursday, and held committee meetings all day Wednesday. After the multiple legislative sessions of 2015, constituents across the state implored their legislator to come back in 2016 and pass the Education ...Read More

The subject of this message concerns individuals who qualified for advance premium tax credits during 2015 when purchasing health insurance through healthcare.gov or their respective state-sponsored exchange. When those individuals file their 2015 tax return, they must complete and file IRS Form 8962, Premium ...Read More