It’s Taxes From A to Z (2017)! A is for Affordable Care Act Reporting. With repeal looming, do you have to report health care coverage? Pay the NIIT? Pay the individual mandate penalty? Here’s what you need to know.
Would you pay more for food if the money was supposedly earmarked to pay health care premiums for employees? One franchise is putting that question to a test.
How does ACA change your tax picture? And vice versa? The answers are surprisingly hard to find.
Now that we’re into 2014, it’s worth taking a moment to consider what’s different this year from a tax perspective. Congress has made some changes for 2014 including adding a few new provisions and letting some existing tax breaks expire. So what’s different?
The IRS has finally released proposed regulations relating to the requirement to maintain minimum health care insurance coverage under the terms of the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of 2010, as amended (“ACA”). Under the terms of ACA, there is a “shared responsibility to reform and…
Submitted by ORAYNAB MOHAMAD Although our elected leaders have agreed for years that health care reform is inevitable, they are either unwilling or unable to agree on a comprehensive bill. This gridlock has persisted after the passage of the Patient Protection and Affordable Care Act (PPACA) in 2010. Though the Supreme Court has ruled…
Days before the Congressional Budget Office (CBO) released its revised figures for the Affordable Care Act (ACA, or the health care act), the spin had already started. Depending on what you read, your take was either that we were approaching the end of the world wherein President Obama and the Supreme Court (SCOTUS) had bankrupted…