Obamacare: Should You Hire Employee Number 51?
Plenty of people, including small-business owners, predict that some businesses will opt not to grow so they can avoid employer mandates in the Patient Protection and Affordable Care Act, also known as Obamacare, that will become effective in 2014.
The major issue is the 50-employee threshold. Businesses with more than 50 full-time employees, as defined by the law, will have to supply them with affordable and well-designed insurance, or face fines.
Read more to learn how this might affect you and your small business.