March 2013 Archives

At the recent Capital Area Franchise Association meeting in Washington D.C, jointly produced with the IAFD, we had a great round-table on how to comply with the new ACA/Obamacare regulations.

Some great ideas, and much discussion.

Obviously, much more practical work needs to be done before October, 2013.  

Looking forward to you joining us providing some answers for the franchise community.  

More round-tables like this need to happen.

Practical Solutions to ACA/Obamacare - Follow Up Papers

Affordable Care Act (ACA) Update: Full-Time Status Determination Rules - Courtesy of Co-Sponsor ADP This article was originally featured in our ADP Eye on Washington update. On December 28, 2012, the Internal Revenue Service (IRS) issued a proposed regulation 1 regarding the Affordable Care Act (ACA) Shared Responsibility provisions, which affect large employers (generally those with at least 50 full-time equivalent employees).     [continue...]     Myth vs. Fact- Myth #1: All Businesses Will Be Required to Provide Health Insurance to All of Their Employees | SBA.gov     Myth vs. Fact- Myth #1: All Businesses Will Be Required to Provide Health Insurance to All of Their Employees As a business owner, it's important to understand how the Affordable Care Act can affect your business. However, with so many misconceptions about how the Affordable Care Act works, this can be difficult.     [continue...]     Questions and Answers on Employer Shared Responsibility Provisions Under the Affordable Care Act     December 28, 2012 Basics of the Employer Shared Responsibility Provisions 1. What are the Employer Shared Responsibility provisions? Starting in 2014, employers employing at least a certain number of employees (generally 50 full-time employees and full-time equivalents, explained more fully below) will be subject to the Employer Shared Responsibility provisions under section 4980H of the Internal Revenue Code (added to the Code by the Affordable Care Act).     [continue...]     PPACA: Play or pay? 7 reasons why 'pay' is not the easy answer     Today's guest post is from United Benefit Advisors CEO Thom Mangan, who offers up seven reasons that the decision to pay or play may not be as cut and dried as employers might think. Enjoy, and as always, share your thoughts in the comments. -Kelley M.     [continue...]     S Corporation Health Insurance Reporting > Yount Hyde & Barbour Co-Sponsor     In recent years, the Internal Revenue Service has made a point to crack down on the reporting of medical insurance premiums paid on behalf of greater than two percent shareholders of a Subchapter S corporation.     [continue...]     Akerman - Meeting Sponsor - Warren L. Lewis       [continue...]

Our US Supreme Court is wrestling with an issue that should have settled years ago.

The world is coming out of the closet, little by little, kicking and struggling, but coming out none the less. Recognition and acceptance of gay and lesbian culture grows constantly as people become educated to the plain and simple fact that we are all as God made us and not all alike in many important respects.

Being who you are is no longer thought of as a sin, except in the minds of those who refuse to accept truth in its unvarnished obviousness. The franchise industry is no exception.

Given the positive trend, there remain questions about capability, suitability, style, business methods, liability issues, vetting for suitability taking lifestyle issues into account where that is an important consideration in the ability of a business to function and succeed, and how to deal with furthering progress in positive attitude adjustment in the business world generally and in franchising in particular.

Inasmuch as franchising as a business concept and business model embraces dozens of legal specialties and calls them into specific focus, there should be a central locus of reference where assistance may be found to sort out how all these variations relate (if at all) to businesses operated by gay-lesbian owners and to franchising companies owned/operated/managed by gay-lesbian officers and employees.

Up until now, gay and lesbian business issues have been dealt with primarily from a perspective of civil rights issues.

It is time to move beyond that and to deal with the fact that there is absolutely no reason on earth why gay and lesbian business people should not be able to achieve business success in the franchise model just like any other capable operator.

We bring to the table consultative assistance in the facilitation of making your company accessible for investment purposes to all qualified franchisees, regardless of life style. In fact, we can assist you to achieve sufficient insight that lifestyle itself is not an issue at all.

Similarly, there is no reason on earth why any gay-lesbian business that has positive attributes to become a franchised model should not move in that direction. We bring to the table consultative assistance to get you there if that is what you think you might like to do with your business.

We will show you how to take the courageous steps that should be taken to overcome the remaining barriers to economic success in the franchise world.

The time is now for you to make your preparations for complying with the Affordable Care Act/ObamaCare.

Please join our expert panel for a ground-level interactive discussion that will certainly help you with your business planning.

Garry L. Wilson Panelist,  Gregory Plotts Panelist  Warren Lee Lewis Moderator 

And remember Open Enrollment begins October 1, 2013  Please feel welcome to invite your franchising friends and colleagues.

Tuesday, March 19, 2013, from 11:45 - 2pm;

Registration 11:45 - 12:15 - Lunch 12:15 - 12:45 - RoundTable 12:45-2:00

The Tower Club

8000 Towers Crescent Drive,  Suite 1700
Vienna, VA 222812