Weekly News Round Up: Tax Season ACA Questions; Health Premium Growth Slows; and Pharma M&A Heats Up
January 12, 2015
Welcome to the Weekly News Round Up from the SC&H Group blog. Each week, we showcase a series of news stories that span everything from government contracting to personal finance to state and local tax issues.
This week, we have complied a number of stories that focus on the Affordable Care Act and the 2015 tax-filing season, as well as how employer-provided health insurance premiums have slowed. In addition, 2015 will most likely be another big year in the in terms of M&A in the Pharma sector.
Treasury and HHS Prepare for Tax Season ACA Questions
The Treasury Department and the Department of Health and Human Services are getting ready for the 2015 tax-filing season and the onslaught of questions they anticipate about the Affordable Care Act.
Health Premium Growth Slows, Worker Burden Increases
The growth in employer-provided health insurance premiums has slowed significantly since passage of the Affordable Care Act, but a new study suggests that trend has not benefited U.S. workers.
Employers Cut Fewest Jobs in 17 Years in 2014
According to a new study, U.S. companies laid off 483,171 workers last year, a 5 percent decrease from 2013 and the lowest total since 1997.
IRS Offers Guidance on Mass Transit Benefit Exclusion
The Internal Revenue Service has issued guidance on the mass transit tax break that was recently extended by Congress late last month when it passed long-overdue tax extenders legislation.
CIOs See Modest Growth in IT Budgets
Almost two-thirds of chief information officers expect to increase spending on information technology this year by at least 2 percent, with security the top spending priority, according to a new survey.
Pharma M&A Hit Record High in 2014
According to the FiercePharma story, Pharma M&A in 2014 hit a record-breaking $234 billion in announced acquisitions.