A Significant Benefit of the Affordable Care Act is the Opportunity to Receive Money
As you prepare to file your 2014 tax return, you will probably have some questions about the Affordable Care Act, better known as Obamacare, and its impact on your taxes. While the act will undoubtedly impact most tax payers to some extent the IRS has not yet developed procedures for the reporting of health insurance coverage or how to claim any exemptions that might be available to you.
The following links will take you to the IRS websites that provide detailed information regarding the Affordable Care Act.
General information on the Affordable Care Act provisions:
http://www.irs.gov/uac/Affordable-Care-Act-Tax-Provisions-Home
Information regarding individual taxpayers and the Affordable Care Act:
http://www.irs.gov/uac/Affordable-Care-Act-Tax-Provisions-for-Individuals-and-Families
Information regarding Affordable Care Act for Employers:
http://www.irs.gov/uac/Affordable-Care-Act-Tax-Provisions-for-Employers
Information regarding the Affordable Care Act Tax Provisions for Other Organizations:
http://www.irs.gov/uac/Affordable-Care-Act-Tax-Provisions-for-Other-Organizations
Small Business Alternatives continues to monitor the IRS website for updates. We anticipate changes to the information in the links provided above.
