Usually, Doug Paton is the guy with the answers. His Boca Raton-based tech support firm, Flagship Solutions Group, employs about 30 people, many of them ex-IBM Corp. engineers, hired to keep other firms’ networks humming.
But recently, as Paton began looking into the business requirements of the Affordable Care Act, he was the one who felt out of his depth.
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HEALTH CARE FOR SMALL BUSINESS
• Small businesses with fewer than 50 employees can buy on the SHOP side of Healthcare.gov starting Nov. 1, and qualify for tax credits worth up to 50 percent of premiums.
• Large businesses can face penalties of up to $2,000 per worker for not offering insurance, but that penalty has been delayed until 2015.
• All businesses will be required to report to the IRS the details of employees’ health plan costs beginning in 2015, if they offer insurance.
Source: U.S. Department of Health and Human Services.