As you may know, the Michigan Business and Professional Association (MBPA), along with its sister organization, the Michigan Food & Beverage Association (MFBA) supports passage of Proposal 1 — also known as Safe Roads Yes! on the May 5 statewide Michigan ballot. We are urging you to please vote YES on Proposal 1. Under Proposal […]
In its second year of existence, another 68,366 Michigan residents signed up for health insurance through the federally run website set aside for those in the individual market, according to numbers released today by the U.S. Department of Health and Human Services (HHS). Michiganders enrolled in the Health Insurance Marketplace is now at 340,905, up […]
The Michigan Liquor Control Commission (MLCC) has been doing a knock-out job, under the direction of Chairman Andy Deloney, in getting more information on its website and making the licensing and regulatory process for businesses more efficient and clear, which was much needed. Please see below for some information the MLCC has posted to […]
Notice 2015-9 Purpose This Notice provides limited relief for taxpayers who have a balance due on their 2014 income tax return as a result of reconciling advance payments of the premium tax credit against the premium tax credit allowed on the tax return. Specifically, this Notice provides relief from the penalty under § 6651(a)(2) of […]
By Larry Grudzien Attorney-At-Law February 9, 2015 IRS has issued final copies of the Affordable Care Act forms for employer shared-responsibility (ESR) and minimum essential coverage (MEC) reporting for 2014. Final instructions for these forms were also released. Remember, Forms 1094-B and 1095-B and Form 1094-C and 1095-C are not required to be […]
By Larry Grudzien Attorney-At-Law February 26, 2015 The IRS issued Notice 2015-16 which is intended to initiate and inform the process of developing regulatory guidance regarding the excise tax on high cost employer-sponsored health coverage under § 4980I of the Internal Revenue Code (Code). Section 4980I, which was added to the Code by the […]
This chart explains how the Health Care Law affects your tax return. Use this chart to see how the law will affect you. Download a pdf here.
Register Today and Join us March 17th for a Complimentary Webinar on the Healthy Michigan Plan. The Michigan Business & Professional Association is offering a free webinar focused on the Healthy Michigan Plan on Tuesday, March 17th, 2015 at 9AM EST. On September 16, 2013, Governor Rick Snyder signed into law Michigan Public Act […]
The Centers for Medicare and Medicaid Services (CMS) has issued a new “special enrollment period” for individuals who attest they first learned of the individual mandate to have health insurance after the open enrollment had concluded and they learned of the tax upon completion of their taxes. The individual mandate applies to all people with […]
You may receive questions from groups inquiring about contraceptive benefits or how to remove contraceptive benefits from their plan. Blue Cross Blue Shield of Michigan wants you to know: • What needs to happen to change a group’s contraceptive coverage • How you can assist groups wanting to make those changes Note: The effects of […]
