New line of business

[ILLMAS]

Anyone else thinking of helping their clients comply with affordable care act as a new line of business?

[jshtax]

I just do it as part of my business. If the client ask a question I try to answer. If I feel it is beyond the scope of what I do I will let them know there might be an additional hourly fee.

[taxxcpa]

I'm not planning to get involved an anything related to insurance other than entering things required on tax returns.

[Guest Taxed]

Same here. I answer question based on public domain information and direct them to the state site for our own exchange called the Health Connecter.

[jklcpa]

I'm not getting into helping with the insurance either. I'll deal with the tax aspects and answer general questions, or I'll point them to the sites that will answer their question. I also have several insurance offices that deal solely in health insurance products whose names I'll pass along.

[Jack from Ohio]

I had originally considered becoming a Navigator. I have since come to my senses and will NOT. I will advise my clients about the tax implications and requirements, but when it comes to giving them advice about who, where and what to purchase for health insurance, I will opt out.

Three reasons:

1. The entire new system was broken when it was designed and is a total train wreck now.

2. I will not take on the liability of advising someone about those issues.

3. As I learn more about the ACA, I totally understand why so many states opted out of having exchanges. The liability now falls on the Federal Government when the system implodes and fails.

[JJStephens]

I did a couple free small biz employer seminars--both were well attended.

In response to numerous requests, I also offered my client base (mostly churches & religious ministries) the option of sponsoring a consumers' seminar ($189 for unlimited attendance) for their constituents. So far only two have made tentative inquiries about it. Oh well.