Obamacare’s Impact on Small Businesses

The following is reprint of a press release from the New Jersey Society of Certified Public Accountants:

Obamacare’s Impact on Small Businesses

 NJSCPA Invites Reporters to a FREE Webinar

ROSELAND, N.J. – Clearly, there is much confusion regarding changes to health care as a result of the Patient Protection and Affordable Care Act (aka Obamacare), particularly for small businesses:

  • What is considered a small business?
  • What are the health care exchanges?
  • Do small business owners receive a penalty for uninsured workers?
  • Is it cheaper to take the penalty than offer employees coverage?
  • What are the tax implications to small businesses?

To help editors and business reporters cover the issues important to their readers, as well as uncover some unusual slants for articles, the New Jersey Society of Certified Public Accountants (NJSCPA) is holding a free webinar on Monday, November 4, from 11:15am to noon. Interested journalists can register for free at https://cc.readytalk.com/cc/s/registrations/new?cid=eywxjklzve6t.

The webinar will be presented by NJSCPA member Tony Novak. Mr. Novak is an accountant and adviser serving individual and small business clients. He has taught financial planning at Delaware Valley College; hosted a radio show covering various financial planning topics; and written the Employer’s Guide to Health Reimbursement Arrangements and the Small Business Owner’s Guide to Employee Benefit Plans. Mr. Novak is a member of the NJSCPA Health Care and Personal Financial Planning interest groups. He has an M.B.A. from Temple University and a Master’s In Taxation from Villanova University.

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The New Jersey Society of Certified Public Accountants, with more than 15,000 members, represents the interests of the accounting profession and advances the financial well-being of the people of New Jersey. The NJSCPA plays a leadership role in supporting the profession by providing members with educational resources, access to shared knowledge and a continuing effort to create and expand professional opportunities.

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