Can Employers Obtain Tax Advantages Complying with the Affordable Care Act?

Mertens - Law of Federal Income Taxation - Development & Highlights, 2013

8 Pages Posted: 27 Jan 2016  

William Byrnes

Texas A&M University School of Law

Date Written: October 2013

Abstract

It has been three years since President Obama pushed the Patient Protection and Affordable Care Act of 2010 (the "ACA"), which is a health care overhaul aimed at providing millions of American with health insurance, through Congress. According to the White House, the goal of the ACA is to improve health security by: (1) creating comprehensive health insurance reform that provides more ways to hold insurance companies accountable, (2) lowering health care costs, (3) guaranteeing more health care options, and (4) enhancing the overall quality of the American health care system. As many American, corporations and small businesses are aware, the gateway to an improved healthcare system will commence on October 1, 2013 with the implementation of the exchange system. However, some may not be aware of the potential tax benefits awaiting employers. This highlight will specifically address the tax incentives that may be available to both large and small businesses as the deadlines for implementation of the ACA draw near.

JEL Classification: H25, K34

Suggested Citation

Byrnes, William, Can Employers Obtain Tax Advantages Complying with the Affordable Care Act? (October 2013). Mertens - Law of Federal Income Taxation - Development & Highlights, 2013. Available at SSRN: https://ssrn.com/abstract=2720612

William H. Byrnes, IV (Contact Author)

Texas A&M University School of Law ( email )

1515 Commerce St.
Fort Worth, TX Texas 76102
United States
(817) 212-3969 (Phone)

HOME PAGE: http://www.linkedin.com/in/williambyrnes/

Paper statistics

Downloads
11
Abstract Views
484