Showing posts with label Day-fine. Show all posts
Showing posts with label Day-fine. Show all posts

Tuesday, September 10, 2013

Business Owners May Face $100-Per-Day Penalty Under ObamaCare

Small business owners who thought they were off the hook for ObamaCare regulations until 2015 may be in for an expensive wake-up call next month.

Beginning Oct. 1, any business with at least one employee and $500,000 in annual revenue must notify all employees by letter about the Affordable Care Act’s health-care exchanges, or face up to a $100-per-day fine.

The requirement applies to any business regulated under the Fair Labor Standards Act, regardless of size. Going forward, letters are to be distributed to any new hires within 14 days of their starting date, according to the Department of Labor.

Earlier this summer, the employer mandate, which states that every business with at least 50 or more full-time employees must offer workers acceptable coverage or face a $2,000 penalty per-worker, per-year, was pushed back until 2015.

But the Oct. 1 employee-notification deadline stands. Keith McMurdy, partner at FOX Rothschild LLP, says the $100 per-day fine has been “unfortunately overlooked” by many small businesses, and the dollar amount on the penalty comes from the general per-day penalty under the ACA. Read more >>
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Wednesday, August 15, 2012

Philadelphia woman faces $600-a-day fine for feeding needy neighborhood kids

A Pennsylvania woman who offers free lunch every day to low-income children in her neighborhood faces a $600-a-day fine next summer if she continues because she did not clear the food giveaway with township officials. Angela Prattis donates her time to distribute the meals -- supplied by the Archdiocese of Philadelphia -- and adheres to strict paperwork, like filling out weekly reports and being visited bi-weekly from a state worker, MyFoxPhilly.com reports.

"Angela saw it as a way to contribute to the community in a positive way," Anne Ayella, a member of the archdiocese, said. "There was nothing in it for her." Prattis laughed and said, "I don’t make a dime."

Prattis lived in the township for three years. She reportedly distributes the meals to the 60 or so children at a gazebo on her property during the summer months, when children are home from school.
The Delaware County Times reports that another resident alerted the council about the distribution a few weeks ago. The council investigated and ruled that the practice is not permitted without a variance, the paper reported. Read more >>