"Small Business" Posts

Eric Lee’s excellent article on the consequences of the Affordable Care Act (ACA) on married taxpayers is an outstanding examination of how this law affects a very select, but rather small portion of American taxpayers (approximately 2.9% of all married couples have taxable income of $250,000 or more). Businesses, additionally, making over $250,000 in profit must pay a .9% increase on the current Medicare part ‘A’tax on that portion of their income over that amount. The tax is split (.45% each) between the employer and employees making over $200,000 individual or $250,000 family.

About three quarters of all U.S. business …