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Home > Blog > Progressive Management Associates, LLC Blog Page 11
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Progressive Management Associates, LLC Blog Page 11

View the latest blog posts from Progressive Management Associates, LLC.

THURSDAY, OCTOBER 11, 2012

SR22 and FR44 Filings in Virginia and FR19 Filings in Maryland

October 11, 2012

We have lots of people asking about filings on their auto insurance, and yes we can help with it! Please give us a call at our office to make sure your coverage is right for you.

To meet your insurance needs, we offer Safeco, Travelers, Hartford, Kemper Preferred, Progressive, Victoria, MetLife, GMAC, and Allied to name a few!

Posted 4:18 PM  View Comments


THURSDAY, JUNE 2, 2011

Justice Department, Virginia Say Panel Can Decide Health Reform Case.

Trying to keep up with all the Healcare Reform news, I saw in Bloomberg toady, "Lawyers challenging and defending the constitutionality of the Obama administration's health-care plan urged a federal appeals panel not to drop its review after the court voiced concern that federal law may bar its involvement." The panel of three judges from "the US Court of Appeals in Richmond, Virginia, considering two lower-court rulings on the health-care law, questioned whether the Anti-Injunction Act, which generally blocks decisions on tax law before taxes are collected, prevents the court from ruling on a challenge to the statute's requirement that most Americans buy health insurance." But, both the Justice Department and Virginia assured the panel that it does have the necessary authority to decide this case.

Posted 4:20 PM  View Comments


WEDNESDAY, JANUARY 19, 2011

Forms and Additional Guidance Now Available on Small Business Health Care Tax Credit

The Internal Revenue Service (IRS)has released final guidance forsmall employers eligible to claim the new small business health care tax credit for the 2010 tax year.

The release includes a one-page form and instructions small employers will use to claim the credit for the 2010 tax year. New Form 8941, Credit for Small Employer Health Insurance Premiums, and newly revised Draft Form 990-T are now available on IRS.gov. The IRS also posted on its website the instructions to Form 8941 and Notice 2010-82, both of which are designed to help small employers correctly figure and claim the credit.

 What is the small business health care tax credit?

 Included in the Affordable Care Act enacted in March, the small businesshealth care tax credit is designed to encourage both small businesses and small tax-exempt organizations to offer health insurance coverage to their employees for the first time or maintain coverage they already have. In general, the credit is available to small employers that pay at least half of the premiums for single health insurance coverage for their employees. It is specifically targeted to help small businesses and tax-exempt organizations that primarily employ moderate- and lower-income workers.


Posted 3:21 AM  View Comments


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