SBCA

Supporting favorable federal tax & employee benefit laws for small businesses & their owners


June 28, 2017 SENATE VOTE ON ACA REPEAL/REPLACE BILL DELAYED Yesterday, we were preparing to report to you on Senate Republican’s plans about how they would handle amendments and vote on their newly unveiled ACA repeal/replace bill – the Better Care Reconciliation Act (BCRA) – by the end of this week.  Then news came from the Hill that the Republican leadership has decided to delay any floor action on the BCRA until after the Senate’s...

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June 13, 2017 In This Alert: AHCA Meets Senate Scrutiny Too Many Cooks in the Kitchen on Tax Reform? House Votes to Repeal Most of Dodd-Frank What We’ve Been Up To Congress now has less than thirty days in session before both chambers are scheduled to adjourn for August recess.  When Congress comes back into session after Labor Day, most of the attention will immediately turn to the budget for fiscal year 2018 (which starts on October...

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May 24, 2017   The American Health Care Act: Pre-Existing Conditions, State Waivers & High Risk Pools A number of questions have been raised with respect to the last minute amendments that were made to the House Republican’s Affordable Care Act repeal and replace bill (the American Health Care Act or AHCA) before it was passed by the House earlier this month.  In particular, there has been a lot of public discussion about,...

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There is considerable discussion concerning the revision or replacement of the Affordable Care Act (ACA). One of the revisions is to allow an insurance company to get a policy approved in any state and then sell it in any other state without having to meet any of the requirements imposed by the other state. The proponents assert this will lead to more competition, which will lead to lower premiums for health care services. Although...

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Issues continue to crop up on the regulatory front.  The most recent example of this is IRS’s newly issued proposed regulations on valuation discounts which would make broad changes to Internal Revenue Code Section 2704.   While highly technical in nature, it is clear after a careful review of these proposed regulations, that if adopted as final in their current form, they would virtually eliminate or greatly diminish all...

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With less than two months until November 8, it is no secret that most of the nation’s political attention and energy is focused on the upcoming elections. As we have previously reported, the political dynamics of the coming two years will be shaped significantly by which party emerges from the elections with control of the Senate (the House is expected to stay in Republican control).  The fact that both parties’ presidential...

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