As lawyers in the field know, a boutique tax firm has many of the same kinds of issues as their fellow professionals -- in the medical field. That's right, a firm that specializes in criminal law will, they fervently hope, never have to deal with criminal acts in their own house. But much like a doc with high blood pressure, a tax firm is often going to have to take its own advice. The new ACA ALE requirements are great examples.
As tax legal professionals also know, advising your clients on changes brought about by the ACA is crucial. As they might be slightly less aware, ACA changes are also crucial for their own business if they fall within the definition of an "applicable large employer" (ALE) under the Act. For 2016, boutique tax firms with more than 50 full time employees are going to have to advise clients wisely and then take their own medicine. Fortunately, a new special report from Thomson Reuters Checkpoint can help. (Disclaimer, Thomson Reuters is the parent company of FindLaw.)