Tags » Health Care Tax

Penalty Relief: Overpayment of ACA Tax Credits

Beginning in 2014, an eligible individual or family member covered under a qualified health plan through a Health Insurance Marketplace (Exchange) is allowed a premium tax credit. 654 more words

Personal Taxes

The Health Care Law and Taxes: Reporting Coverage, Exemptions and Payments

Under the Affordable Care Act, you will need to report minimum essential coverage, report or claim a coverage exemption, or make an individual shared responsibility payment when you file your 2014 federal income tax return. 200 more words

Tax Return

Ohio Attorney General sues over health care law tax

COLUMBUS, Ohio (AP) – Applying a tax aimed at helping keep premiums affordable under the federal health care law to state and local governments is unconstitutional, Ohio Attorney General Mike DeWine claimed in a lawsuit filed Monday. 281 more words


Affordable Care Act Tax Provisions for Individuals and Families

The Affordable Care Act (ACA) requires each and every member of every family to have qualifying health insurance; sometimes referred to as Minimal Essential Coverage.  You can be exempted from this requirement (for religious or other reasons), or else make a shared responsibility payment when you file your federal tax return. 349 more words

Stephen J. Ganns

Year-End Tax Planning for Individuals

Once again, tax planning for the year ahead presents more challenges than usual, this time due to the numerous tax extenders that expired at the end of 2013. 3,330 more words


Information for Employers about Their Responsibilities Under the Affordable Care Act

If you are an employer, the number of employees in your business will affect what you need to know about the Affordable Care Act (ACA). 481 more words


New Medicare Surtax Affecting Business Owners

As part of the Affordable Care Act, a new tax was created. It is the 3.8% Medicare Surtax. It was included in the Act to help cover the cost of the credit given to people with lower incomes to help with health insurance expense. 237 more words

Tax Advice