If you have 50 or more full-time and full-time equivalent employees, you’re an Applicable Large Employer (ALE). As such, you must offer affordable coverage to your full-time staff, their spouses, and employees or pay a penalty (the penalty is waived for ALEs with 50 to 99 workers in 2015). The IRS has a new landing page to provide information to ALEs.
No need to wait — the help you need for preparing your 2015 tax return and year-round tax planning is here! Yes, the NEW tax books are available now — find the 2016 edition of J. K. Lasser’s Small Business Taxes 2016, and 1001 Deductions and Tax Breaks 2016 on Amazon!
