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Tag Archives: penalty/tax
Rube Goldberg – What ObamaCare means for your taxes | Fox Business Video. Watch the latest video at &lt;a href=”http://video.foxbusiness.com”&gt;video.foxbusiness.com&lt;/a&gt;
Affordable Care Act Creates a Trickier Tax Season – WSJ. The law’s requirement that most Americans carry health insurance means all filers must indicate on federal tax forms whether they had coverage last year and got tax credits to help … Continue reading
Liberty Tax Service Rings in 2015 Tax Season With Food, Festivities and Free ACA Advice – Yahoo Finance. Liberty Tax Service will ring in the 2015 tax season with Taxapalooza, a grand opening celebration on January 7 at more than … Continue reading
New health care law complicates tax filing season for many in NC | National Politics | NewsObserver.com. NOTHING in this article is restricted to North Carolina, the problems and challenges described are NATIONWIDE issues. The purpose of subsidies is to … Continue reading
CMS (Center for Medicare and Medicaid Services) has come out with a helpful document titled: 3 Tips About Marketplace Coverage & Your Taxes The tips are: Watch your mail for Form 1095-A. It will help you file your 2014 federal … Continue reading
Tax Facts | How Big is the ACA Tax Penalty?. (<– click to access calculator) The Affordable Care Act (ACA) requires most Americans to have health insurance starting in 2014. People who don’t comply have to pay a penalty, the … Continue reading
Obamacare Penalty 2015: Deadline Fines For No Health Insurance Makes For Lousy New Year’s Resolutions. The 2015 Obamacare penalty is where the rubber really starts to hit the road. All Americans must report on their IRS income tax documents their … Continue reading
TurboTax – Exemption Check – TurboTax Health.
Obamacare Unleashes IRS on Americans | Policy Paper | Senate Republican Policy Committee. The Penalty: Early next year, the IRS will begin collecting revenue from Obamacare’s individual mandate tax penalty. Americans who fail to obtain insurance … Continue reading
Obamacare WILL bring a paperwork feast – For tax preparers, PPACA may bring a paperwork feast | LifeHealthPro. Only the sun coming up tomorrow morning is more certain. At this point, Liberty Tax is predicting the PPACA form business will … Continue reading
Affordable Care Act’s Tax Effects Now Loom for Filers. For most taxpayers, this will simply mean checking a box on a tax return indicating they had insurance for the full year. But millions of others will have to grapple with … Continue reading
ObamaCare fines loom for uninsured | TheHill. Consumers face a Feb. 15, 2015, deadline to buy insurance, after which those without coverage could be hit with fines of $325 per adult or 2 percent of family income, whichever is higher. … Continue reading
Do you wish to avoid the Obamcare penalty? You can apply/declare a hardship exemption using this form: Application for Exemption from the Shared Responsibility Payment for Individuals who Experience Hardships. You can view the form below:
Be careful out there – Americans for Tax Reform : IRS Warns: Obamacare Tax Must Be Paid with Tax Return.