Power of Attorney: What you need to know to enjoy your time away

It’s everyone’s favorite time of the year: the school year! The kids are back in the swing of things and, as a result, you’re ready to start planning a kids-free getaway. But before you send the children off for a fun-filled vacation at Grandma’s or leave them with a family friend while you enjoy a relaxing getaway, there is one essential document …

Read more

Final 2015 ACA Reporting Forms and Instructions Released

Today the IRS released the much anticipated final 2015 forms and instructions for Code Sections 6055 and 6056 reporting. Click on the links below to access these final forms and instructions: 

1094-B and 1095-B instructions 
1094-C and 1095-C instructions 

We will follow up with additional detail on these final Affordable …

Read more

Will You Play or Pay in Your Next Deal?

Considerations Under the Employer Mandate and ACA Information Reporting for Employers Involved in Corporate Transactions
With some companies becoming subject to the Affordable Care Act’s (ACA) employer mandate and new reporting requirements for the first time in 2015, corporate transactions, such as a merger or acquisition, will now require addit…

Read more

Updated IRS Guidance on ACA Reporting: Draft 2015 Forms and Instructions Released by IRS

The IRS recently issued draft 2015 Forms 1094-B, 1095-B, 1094-C, and 1095-C. Along with these forms, the IRS issued draft 2015 instructions for completing these forms (which can be accessed here and here). Smith Haughey also previously issued a client alert on the 2014 final forms, which can be found here. The draft instructions and forms are simil…

Read more

Smith Haughey Supreme Court Victory Ends Decade Long Legal Uncertainty

When a medical malpractice plaintiff files a complaint before the expiration of the mandatory notice-waiting period, the filing is ineffective, does not initiate tolling of the statute of limitations, and must be dismissed. That was the unanimous ruling of the Michigan Supreme Court yesterday in the much-anticipated decision of Tyra v Organ Procure…

Read more