05/2009 – New COBRA Subsidy

S.R. Snodgrass, A.C.

Certified Public Accountants
and Consultants

05/2009 – New COBRA Subsidy

By S.R. Snodgrass Tax Group

The American Recovery and Reinvestment Act of 2009 (the “Act”) made changes tot he COBRA rules, allowing qualifiied individuals to pay 35 percent of his/her COBRA coverage and have it treated as the full amount.

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S.R. Snodgrass, A.C. is an expert auditing and accounting firm offering audit, business consulting, outsourcing/internal audit, tax preparation and planning, and information technology services. Specialties include: preparation of bank, credit union, and other industry accounting/preparation of financial statements; assistance with regulatory compliance; development of strategic planning; guidance with tax decisions; assistance with Sarbanes-Oxley Section 404 implementation and monitoring; and review of general computer controls environment.

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