Wednesday, January 18, 2017

Hardship exemption from Obamacare tax

Notice 2017-14 provides that the hardship exemption from the individual shared responsibility payment under § 5000A, described by the Department of Health and Human Services, for an individual who is not enrolled in health insurance coverage that qualifies for the health coverage tax credit (HCTC) allowed by § 35 for one more months between July 2016 and December 2016, but who would have been eligible for the HCTC under § 35 if enrolled, may be claimed on a Federal income tax return without obtaining a hardship exemption certification from the Marketplace.

Wednesday, January 04, 2017

Florida's Minimum wage increases!

Florida’s Minimum Wage Increases

January 1, 2017
Many Florida workers will see a modest boost in their wages starting today as the state’s minimum wage rises a nickel to $8.10 an hour.
It is the first minimum wage increase since January 2015, when the hourly rate rose by 12 cents to $8.05. There was no increase in 2016.
Under a state constitutional amendment approved by voters in 2004, the wage is adjusted annually by the state Department of Economic Opportunity based on a consumer price index.
Tipped workers will earn at least $5.08 an hour.