Divorce can be a long and complex process, with various emotional, practical, and financial implications for spouses and children who may be affected. It can be easy to overlook the...
Posted by Abundant Wealth Planning LLC on 12/18/2021
With the Affordable Care Act, there are many new healthcare coverage options for millions of citizens previously uninsured. Even though you might decide not to purchase health insurance,...
Posted by CORE PERFORMANCE on 08/30/2021
The employer shared responsibility requirements under the Patient Protection and Accessibility of Care Act (PPACA or ACA) include the employer's mandate - paid or play- and the...
Posted by James Financial Services Inc on 02/17/2021
If you request a medical exemption, you will need to complete IRS Form 8965 when filing for federal income tax. This form helps you comply with the Affordable Care Act's rules...
Posted by Dennis Jao on 02/16/2021
If you've ever taken time to look at your earnings statement from a job, you've probably noticed some tax withholding. As part of its general payroll taxes, the federal government...
Posted by Abundant Wealth Planning LLC on 02/12/2021
There has been a lot to be done about the Affordable Care Act: from passing the law under President Obama to repealing the law under President Trump. This has left many people confused...
Posted by Pat Raskob on 01/19/2021
The Additional Medicare Tax has been enacted since 2013, which affects taxpayers that make more than 200,000 USD or 250,000 USD as married couples. This set of people will pay an extra...
Posted by Tiffany Gaskin on 01/13/2021
People that do not have health insurance in 2020 will not be subjected to a penalty. Taxpayers need not report their health insurance on their return except either you or a member...
Posted by Abundant Wealth Planning LLC on 01/07/2021
What is Form 1099-H?Form 1099-H, the advance Health Insurance Tax Credit, is a series of Internal Revenue Service (IRS) "1099" forms used to report various unpaid payments...
Posted by Unifirst Financial & Tax Consultants on 11/30/2020
