NCCPAP has been invited to testify before the House Small Business Committee on December 4, 2013.
The hearing will focus on the business aggregation rules (controlled group rules under section 414 of the tax code) and how they impact small firms when determining their employee count and size. This is important because of the penalties that would apply if the combined entities do not offer health insurance and the combined total employee count exceeds 50 full time equivalent employees.
Have you or any of your clients had any experience with this issue?
Contact Steve Mankowski directly either by email (QMS.TAX@VERIZON.NET) or phone (215.682.7366)
Thanks,
Steve