Health Care Reform Complicates Business and Estate Planning
The only thing that seems certain about health care reform is that it will continue to be challenged as it is rolled out (or rolled back). As late as July, tax experts were still not sure whether or not the new investment tax would go into effect on January 1. In an effort to help consumers puzzle through this bewildering maze, the Texas Department of Insurance maintains an eNews page providing a timeline of changes, answers to frequently asked questions, and links to many other sources of information. However, learning about the new investment tax or employer’s Medicare tax changes is one thing. Planning on how to adjust your business or estate plans in light of these changes is quite another. The attorneys at McCleskey will continue to monitor the evolution of health care reform and are available to help clients find answers to their health care reform questions.