Penalty Relief for ACA Tax Credits for Overpayments of Estimated Tax Credits
Many customers of ACA Exchanges may find they have no 2014 refund … and may be in dire need of ACA Penalty Relief.
Beginning in 2014, an eligible individual or family member covered under a qualified health plan through a Health Insurance Marketplace (Exchange) is allowed Continue reading Penalty Relief for ACA Tax Credits→
This year, there are some Affordable Care Act Changes to Tax Forms. Along with several new lines on existing forms, there are also two new forms that Continue reading Obamacare Changes to Tax Forms→
I have addressed certain components of the Affordable Care Act in previous posts alerting readers to some of the highly discriminating new taxes targeting high earners, which were Continue reading Your Taxes and Obamacare→
Whether you’re self-employed or run a small business, here’s a quick look at what you need to know about the Affordable Care Act.
Self-Employed
If you run an income-generating business with no employees, then you’re considered self-employed. You can get coverage through the Healthcare Marketplace and use it to find coverage Continue reading Small Business and Obamacare→
The Patient Protection and Affordable Care Act of 2010 resulted in several changes to the U.S. tax code that affect individuals purchasing health care insurance through the health care exchanges. Let’s take a closer look at what it all means for you.
Certain taxpayers may be subject to the Net Investment Income Tax, which went into effect last year, in 2013. You may owe this tax if you have income from investments and your income for the year is more than certain limits. Here are four things that you should know about this tax:
With all of the heat surrounding the “Patient Protection and Affordable Care Act,” or Obama Care, I fear some of the very distinct “business winners” are completely unaware of these potential savings they can claim. I know the Pharmaceutical companies in Cambridge know they will pay, but my fear is that many small “Mom and Pop” operations do not understand these potential credits available for them to claim. Any small business providing Health Care Coverage for low-income workers should read this very carefully!
If you did not claim these windfalls, amended returns can always be filed. Call me and we can discuss!