Thursday, September 06, 2012

ObamaTax News

Almost a half century ago, Supreme Court Justice Potter Stewart observed that "hard-core pornography" was hard to define, but that "I know it when I see it." Now, this post isn't about pornography, but the point holds: how do you define a full-time employee?

If you answered "I'll know one when I see one," you may not be far off:

"Employers can take up to 12 months to determine whether workers are full-time employees for purposes of applying the new federal "play or pay" health benefits rules."

Which becomes an interesting game of chicken with that potential 50th employee.

Regular readers may recall that the so-called "play or pay" rule, aka Employer Mandate, requires companies with 50 or more employees to provide group health insurance. This has the net effect of reducing employment opportunities at a time of record unemployment numbers. Not to mention, what if you're employee #50? How secure are you feeling right now?

Never fear, though, because your boss can apparently take up to a year to decide whether or not you (or your replacement) are worth it.

Don'tcha just love the warm fuzzies?
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