Contact Paul +

Time limit is exhausted. Please reload CAPTCHA.

Affordable Care Act

IRS explains how to figure maximum HSA contribution in first Medicare year

IRS explains how to figure maximum HSA contribution in first Medicare year

Information Letter 2016-0003; Information Letter 2016-0004 IRS has issued two information letters that explain how to compute the maximum permissible health savings account (HSA) contribution in the first year an individual is enrolled in Medicare. Background. Eligible individuals may, subject to statutory limits, make deductible contributions to a health savings account (HSA). (Code Sec. 223) Distributions […]

Read the full article →

Post-debate roundup of the Presidential candidates’ tax positions

Post-debate roundup of the Presidential candidates’ tax positions

With the first round of debates behind us and a slightly smaller pool of candidates, pressure is increasing on those who are still in the game to move past vague references to tax reform and put out concrete proposals and ideas. Although not all of the candidates have released detailed tax plans, a number of […]

Read the full article →

Washington Alert – Judge ok’s lawsuit against ACA; U.S. St.Kitts, Nevus sign IGA; Yahoo loses PLR; IRS announces ‘Penalties at a Glance’

Washington Alert – Judge ok’s lawsuit against ACA; U.S. St.Kitts, Nevus sign IGA; Yahoo loses PLR; IRS announces ‘Penalties at a Glance’

A federal judge in Washington, D.C. on Sept. 9, in a memorandum opinion, ruled that the House of Representatives has standing to pursue certain constitutional claims regarding the Obama administration’s actions to implement the Affordable Care Act (ACA). (Civil Action No. 14-1967) As outlined in the opinion of Judge Rosemary Collyer of the U.S. District […]

Read the full article →

Washington Alert – CBO says FY 2015 Budget smaller; IRS sending letters delinquent taxpayers claiming ACA Premium Tax Credit; Tax Policy Center report on low- and moderate-income working families

Washington Alert – CBO says FY 2015 Budget smaller; IRS sending letters delinquent taxpayers claiming ACA Premium Tax Credit; Tax Policy Center report on low- and moderate-income working families

The fiscal year (FY) 2015 federal budget deficit “will be noticeably smaller” than what it projected in March due, in large measure, to unexpectedly high receipts, the Congressional Budget Office (CBO) said on Aug. 25. (An Update to the Budget and Economic Outlook: 2015-2025) The current FY will end with a budget deficit of $426 […]

Read the full article →

IRS issues Affordable Care Act information return electronic filing publications

IRS issues Affordable Care Act information return electronic filing publications

IRS has posted the following new publications on its website: (1) Publication 5164, Test Package for Electronic Filers of Affordable Care Act (ACA) Information Returns (AIR); and (2) Publication 5165, Guide for Electronically Filing Affordable Care Act (ACA) Information Returns for Software Developers and Transmitters. The publications are to be used in the 2015 processing […]

Read the full article →

Final regs clarify preventive services under ACA & exemption from contraceptive mandate

Final regs clarify preventive services under ACA & exemption from contraceptive mandate

T.D. 9726, 07/10/2015; Reg. § 54.9815-2713, Reg. § 54.9815-2713A, Labor Reg. 2590.715-2713, Labor Reg. 2590.715-2713A, 47 CFR 147.131 IRS, the Department of Health and Human Services (HHS), and the Department of Labor (DOL) (collectively, the Departments) have issued final regs on the coverage of certain preventive services under the Affordable Care Act (ACA).The regs finalize […]

Read the full article →

IRS Issues Revised 2014 and 2015 Calculation of Health Insurer Fee for Expatriate Plans

IRS Issues Revised 2014 and 2015 Calculation of Health Insurer Fee for Expatriate Plans

Notice 2015-29, 2015-15 IRB   In a Notice, IRS has provided a special rule for computing the annual health insurer fee imposed by § 9010 of the Affordable Care Act for the 2014 and 2015 fee years, so as to reflect a rule for expatriate health plans contained in 2014 legislation. The Notice is effective […]

Read the full article →

Obamacare Aims to Close Medicare ‘Doughnut Hole’

Obamacare Aims to Close Medicare ‘Doughnut Hole’

As reported in the news of the WS Journal, Obamacare Aims to Close Medicare ‘Doughnut Hole’ – There’s a Medicare prescription-drug coverage abyss that is playfully referred to as the “doughnut hole,” though there is nothing sweet or amusing about it. But thanks to the Affordable Care Act, which had a rocky launch last week, […]

Read the full article →

It’s Time for Medicare Open Enrollment

It’s Time for Medicare Open Enrollment

As reported in the WS journal, It’s Time for Medicare Open Enrollment – You Have From Oct. 15 through Dec. 7 to Choose Your 2014 Coverage. Medicare’s annual open-enrollment period starts Tuesday, and this year beneficiaries need to take a particularly close look at their options, many of which have been tweaked. You will have […]

Read the full article →

Get Ready for Enrollment in Health Exchanges

Get Ready for Enrollment in Health Exchanges

As reported in the WS Journal, Get Ready for Enrollment in Health Exchanges, sign-up starts Oct. 1, but consumers should start evaluating their needs now.  Here’s the article. In about six weeks, Americans will have a new kind of open enrollment to consider. Starting Oct. 1, people without health insurance can sign up for standardized […]

Read the full article →

IRS has posted on its website Publication 5093, “Healthcare Law Online Resources”

IRS has posted on its website Publication 5093, “Healthcare Law Online Resources”

IRS has posted on its website Publication 5093, “Healthcare Law Online Resources.” (e-News for Tax Professionals 2013-29) The publication is divided into two sections containing links to various government entities. The first section, which is devoted to individuals and families, has links related to the following subjects: healthcare coverage through the marketplace; health coverage and […]

Read the full article →

Health-insurance agents prepare for new law

Health-insurance agents prepare for new law

As reported in the OC Register, “Health-insurance agents prepare for new law,” as is the case with most of the complex, multitentacled Affordable Care Act, its impact on tens of thousands of licensed agents who sell health insurance is a subject of considerable controversy. Some agents are confident the state-run health-care exchange, Covered California, will […]

Read the full article →

Part-Time America – a better jobs report in June, except for the impact of ObamaCare

Part-Time America – a better jobs report in June, except for the impact of ObamaCare

As reported in the WS Journal, the U.S. labor market may be gaining a little more steam, judging by Friday’s June jobs report. Imagine how much better it might do if ObamaCare weren’t encouraging employers to hire so many part-time workers. The Labor Department’s survey of businesses found 195,000 net new hires in June, 202,000 […]

Read the full article →

Employer health care – Affordable Care Act mandate stalled 1 year

Employer health care – Affordable Care Act mandate stalled 1 year

As widely reported in the news, Orange County business leaders let out a giant sigh of relief following the announcement by the Obama administration Tuesday it would delay by one year the requirement that employers provide health coverage for their workers or pay penalties. The employer mandate, one of the central pillars of the Affordable […]

Read the full article →

Coming soon: The health care hard sell – options under the exchange and the Affordable Care Act

Coming soon: The health care hard sell – options under the exchange and the Affordable Care Act

As reported in the news of the OC Register, there are options about what to do regarding health care for individual coverage.  Here’s the article. Covered California brought its road show to Orange County this past week. Its executive director, Peter V. Lee, spent two hours before a standing-room-only crowd at a union hall in […]

Read the full article →

Aetna and Anthem Blue Cross agree with California to reduce some, but not all, health insurance premium hikes

Aetna and Anthem Blue Cross agree with California to reduce some, but not all, health insurance premium hikes

As reported in the OC Register, which seems to go hand in hand with the post “Extra Health Costs On The Way For Employers,” there is this bit of disturbing news – Aetna and Anthem Blue Cross agreed with California’s Dept. of Managed Health Care, to retroactive cuts in premium increases they had implemented on […]

Read the full article →

Extra health costs on the way for employers

Extra health costs on the way for employers

As reported in the OC Register, “Extra Health Care Costs On The Way For Employers,” the impact under the Affordable Care Act is felt (and passed) to all. As Orange County companies gear up to renegotiate health insurance plans for 2014, employers face the likelihood of additional costs in the form of a new fee […]

Read the full article →

Timeline of 2013 to 2018 tax changes in health care reform legislation

Timeline of 2013 to 2018 tax changes in health care reform legislation

Close to three years ago, Congress enacted legislation that overhauls the U.S. health care system and affects nearly all taxpayers, many employers, and many elements of the health care industry (The Patient Protection and Affordable Care Act (PPACA) P.L. 111-148, and the Health Care and Education Reconciliation Act of 2010 (HCERA) P.L. 111-152). The legislation […]

Read the full article →

Affordable Care Act’s cost may leave some saying ‘ouch’

Affordable Care Act’s cost may leave some saying ‘ouch’

As reported in the news in the OC Register, reporting from Bloomberg News, the Affordable Health Care Act’s Cost May Leave Some Saying ‘Ouch.’  Here’s the article. To Megan Hildebrandt, President Barack Obama’s Affordable Care Act means she can no longer be denied health insurance because of her lymphatic cancer.  There’s a big catch: Coverage […]

Read the full article →

Let’s go shopping – – for Medicare

Let’s go shopping – – for Medicare

Editor’s Note:  as published in the WSJ news, it’s time to shop for Medicare, food for thought for all of us.  Here’s the article. It’s shopping time for Medicare beneficiaries. For the second year, the federal program is starting its annual open-enrollment period earlier in the fall—running from Oct. 15 through Dec. 7. The new […]

Read the full article →
Page 1 of 212
Meet Paul Raymond

Meet Paul Raymond

Mr. Raymond is a sought after speaker in tax controversy law by many attorney, accountant, and business groups and at the request of the Internal Revenue Service, has presented programs at the IRS Nationwide Tax Forum, attended by tax professionals throughout the United States.

Additionally, he continues to be an active member in the Section of Taxation, American Bar Association, where he was the Past Chair of the Employment Taxes Committee.

Read More

Connect With Paul on Social Media

Practice Areas & Information

Certifications &
Associations
Member CA Bar Member Orange County Bar US Tax Court Attorney