A significant benefit of the Affordable Care Act is the opportunity to receive money-saving tax credits up front to cut the overall cost of health insurance, but now hundreds of thousands of consumers could owe back some of that money next April.
Those affected took advance payments of the premium tax credit for health insurance. Some married couples could owe $600 or $1,500 or $2,500 or even more. It might feel like a raw deal for some who are already suffocating under the escalating costs of health insurance.
"Health insurance is confusing enough, and now they're adding the complexities of the Tax Code," said Lorena Bencsik, a member of the Michigan Association of CPAs and owner of Prime Numbers in Ferndale.
When you file that 2014 tax return next year, the Internal Revenue Service will compare your actual income for the year with the amount you estimated when applying for exchange-based health insurance under the health insurance law.
The next open enrollment period begins Nov. 15. But notices were sent this week to some consumers whose incomes don't match up to such things as 2012 tax return information.
On Monday, the Centers for Medicare and Medicaid Services said at least 279,000 households reported incomes that still don't match what the government has on record. Supporting documents are needed by Sept. 30.
As of Saturday, there are 5 787's ready for delivery.
2 in Charleston, 3 in Everett.
2 are 787-9 for ANA and Air New Zealand.
3 are 787-8 for Air Canada, Air India and Qatar.
More should be ready on Monday.
CHICAGO, Sept. 20, 2014 /PRNewswire/ -- Boeing [NYSE: BA] and Ethiopian Airlines today announced an order for 20 737 MAX 8s. The order, previously unidentified on the Boeing Orders & Deliveries website, is worth more than $2.1 billion at list prices and also includes options and purchase rights for a further 15 737 MAX 8s. The order represents the largest single Boeing order by number of airplanes from an African carrier.
And another one:
JetBlue flight bound for New York's JFK Airport erupted in flames after one of the engines caught fire. Flight 704 had 186 passengers on board and six crew members when they had to evacuate the plane on the runway in San Juan, Aug. 10. The plane was taxing on the runway and ready to take off at San Juan’s International Airport with a destination of John F. Kennedy International Airport in New York City on Saturday when the engine exploded in flames. The evacuation occurred while jet was taxing on runway, according to the New York Daily News on Aug. 10.
JetBlue Airways (New York) flight 1416 from Long Beach to Austin, Texas today (September 18) declared an emergency after the number two engine failed 10 minutes into the flight. Flight 1416 returned to LGB and made a safe landing after smoke was detected in the cockpit and the cabin. The Airbus A320-232 N656JB (msn 3091) came to a safe landing on runway 30. The cockpit crew popped the chutes and the 147 passengers and crew members exited the aircraft. Four people reportedly suffered minor injuries exiting the aircraft.
The Boeing Co., St. Louis, Missouri, is being awarded a $14,764,403 modification to a previously awarded firm-fixed-price contract (N00019-14-C-0032) for aircraft armament equipment items in support of the F/A-18E/F and E/A-18G aircraft. The equipment being procured includes 342 station control units for the U.S Navy (245) and the government of Australia (97); six Ariel Refueling System (ARS) air probes, six ARS fuel probes, 12 ARS suspension lugs, 11 advanced launch system (ALR) -67 mounting bases, and 11 ALR-67 retainers for the U.S Navy; and 39 centerline feed thru plates for the U.S. Navy (24) and the government of Australia (15).
So far this month BA has delivered 34 planes
The 787 has been doing well. 4 have been delivered, 3 more are ready for delivery and 6 more are scheduled for delivery this month for a total of 13 for the month.
SEATTLE, Sept. 17, 2014 /PRNewswire/ -- Boeing [NYSE: BA] and leasing company Avolon have finalized an order for six 787-9 Dreamliners and five additional 737 MAX 9s, valued at more than $2.1 billion at list prices. Avolon announced a commitment to purchase the airplanes during the 2014 Farnborough Airshow in July. This marks Avolon's first order for the super-efficient 787 Dreamliner and will increase the lessor's 737 MAX portfolio to 20 airplanes.
ST. LOUIS, Sept. 17, 2014 – Boeing [NYSE: BA] received a $293 million performance-based contract from the Defense Logistics Agency (DLA) to provide aircraft parts and support that will enable DLA to provide essential logistics support to warfighters more quickly and effectively.
“Boeing proposed a holistic partnership and transformational approach that fundamentally changes the way DLA and Boeing do business,” said Julie Praiss, vice president of Tactical Aircraft & Weapons Support. “We have laid the groundwork to improve affordability and efficiency that will increase aircraft availability for the warfighter.”
Boeing will provide support for 11 different aircraft: the AH-64, AV-8, B-1, B-52, C-17, CH-47, E-3, E-6, F-15, F/A-18, KC-135 and ground support equipment. Work will be performed in Mesa, Ariz.; Fort Walton Beach, Fla.; Macon, Ga.; St. Louis; Heath, Ohio; Oklahoma City, Okla.; El Paso, Texas; and Puget Sound, Wash.
Under the agreement, multiple contracts will be awarded incrementally to Boeing during the next five years. DLA has a follow-on option for an additional five years.
The delivery picture has improved considerably.
With the month half over, BA has delivered 31 planes.
It appears they may hit 65+ deliveries to close out the month,
SEATTLE, Sept. 17, 2014 /PRNewswire/ -- Boeing [NYSE: BA] and leasing company Avolon have finalized an order for six 787-9 Dreamliners and five additional 737 MAX 9s, valued at more than $2.1 billion at list prices. Avolon announced a commitment to purchase the airplanes during the 2014 Farnborough Airshow in July.
WASHINGTON, Sept 16 (Reuters) - Boeing Co has won a large NASA contract to develop new "space taxis" that would fly astronauts to the International Space Station instead of relying on Russian spacecraft, an industry source said ahead of a NASA announcement expected on Tuesday.
The source said Boeing had received a full award for the multibillion-dollar contract, but financial details were not immediately available. NASA declined comment.
A new space race has begun. Boeing (NYSE:BA) is expected to receive a bid from NASA as early as Tuesday to build a space taxi, according reports, beating out Elon Musk's SpaceX.
According to the Wall Street Journal, Boeing will win a contract with NASA to build a rocket to transport astronauts to the International Space Station and back home, as Washington views Boeing's capsule as safer and likelier to be ready to transport astronauts to the space station in the next three years.
ODENSE, Denmark, Sept. 15, 2014 – Boeing [NYSE: BA] and Danish company Sky-Watch today signed an agreement that will enable Boeing to explore assisting the company in its development of a new type of unmanned aerial vehicle (UAV) under a project supported by the Danish National Advanced Technology Foundation. The goal of the “Smart UAV” project is to develop a new generation of vertical take-off and landing (VTOL) UAVs that will combine the advantages of existing rotorcraft UAVs with those of fixed-wing aircraft for longer range and endurance. Sky-Watch and the Technical University of Denmark’s National Space Institute and Department of Environmental Engineering are collaborating on the project, and Boeing will explore ways to assist Sky-Watch in the effort. Boeing and Sky-Watch signed the agreement today at an event at UAS Denmark, the unmanned aerial systems industry group based at the Hans Christian Andersen Airport in Odense. Boeing joined the group in 2013 and learned about fellow member Sky-Watch through UAS Denmark. “Today’s agreement is evidence that Danish companies like Sky-Watch are leading innovation that can attract the attention of global companies; that organizations like UAS Denmark are helping make valuable industry connections; and that a company like Boeing is well served by taking a diverse look at Danish industry in creating collaborations and technologies for the future,” said Susan Colegrove, Boeing’s director of International Strategic Partnerships for Europe. To achieve the goals of the “Smart UAV” project, Sky-Watch will contribute expertise from development of its HUGINN X1 quad-rotor UAV and from Sky-Watch Labs, the company’s research and development department. Boeing will contribute expertise in VTOL and fixed-wing technologies from its research and development organizations, as well as from Insitu, a Boeing subsidiary that is an industry leader in unmanned aerial system solutions.
Such aircraft could be used for a wide range of m
What projects were/are you working on an in what capacity (what work do you do)?
If Boeing can beat the low end delivery target for the year, it should have upside potential of 10-20%.
Short term (end of quarter) it should increase but have to wait to see how the delivery number progresses. Long term, it should do very well if the production and delivery increases match.
It appears that BA is slightly ahead of the deliveries in August But the 737 deliveries have picked up from the August number thru the 12th of the month, They have the potential to deliver at least 66 planes this month. And since this is the last month of the 3rd quarter, the need to close it out with very good numbers.
The 787 numbers should be good. And they have a number of 777 and 747's available to deliver.