How Health Care Reform Affects Your Taxes. How will the Patient Protection and Affordable Care Act (aka “ACA”) affect your taxes? How are you classified? Businesses are effectively divided into three broad categories..
For Construction Pros
In July, the U.S. Supreme Court ruled on the major constitutional issue posed by the Patient Protection and Affordable Care Act (“ACA”), finding that the statute’s “individual mandate” requiring most U.S. citizens to purchase health insurance is constitutional. The Supreme Court upheld the new law by deeming its “penalty” to be, effectively, a “tax.”
An Expanding Market: The already vast market for rented equipment is expected to grow dramatically over the next several years. The North American rental market is expected to reach $51.7 billion by 2016 (an increase of 50% over 2012).