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Michigan Business and Professional Assoc. Offers Health Reform Compliance Tools, Tax Credit Esti

Michigan Business and Professional Association Offers Health Reform Compliance Tools, Tax Credit Estimator

 
PRLog - Feb. 25, 2013 - With the 2014 deadline for full implementation of the federal Affordable Care Act (ACA) looming, the Michigan Business and Professional Association (MBPA) recently created two new compliance tools to assist business owners. MBPA members have access to an online Health Care Tax Credit Estimator to help them determine whether or not they are eligible for a tax credit of 25 to 35 percent that is available based on criteria spelled out in the Act.  A special Small Business Health Care Reform Guide (http://michbusiness.org/procs/requests/small-business-guide) is available for anyone who submits his/her contact information on the organization’s website at www.michbusiness.org.

“We thought it would be useful to create a special online tool to help our members determine if they are eligible for a tax credit under the new law so we created the Health Care Tax Credit Estimator that calculates eligibility for small business and tax exempt employers based on the number of employees, total wages and health care contributions they enter into the tool,” said Jennifer Kluge, the organization’s president and CEO.  

Kluge explained that the Small Business Health Care Reform guide is intended to provide general information that helps business leaders get started with the process of implementing the ACA, but it does not address provisions that uniquely apply depending on the size and complexity of each business. “After putting the Guide together, we decided that we would offer the publication to anyone as a public service,” she continued.  

According to Kluge, the new tools are the latest installment of the special MBPA benefit established last year to help members navigate the complexities of health care reform. Called Health Care Reform Connect,™  it includes a series of webinars, online resources and tools, a special monthly newsletter with the latest information about implementation and links to additional resources. The standard Health Care Reform Connect™ tools are augmented by MBPA experts who provide custom answers to specific compliance questions through the member hotline.

Information about Health Care Reform Connect™ is available at http://michbusiness.org/

The Association also just announced that it is hosting a Health Care Reform Conference, on Tuesday, April 9, 2013 from 8:30 a.m. until 1:00 p.m. at the Troy Marriott. For more information, call (586) 393-8800.

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Source:MBPA
Country:United States
Industry:Business
Tags:michigan, Business, professional, association
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