Affordable Care Act – Individuals    

New IRS Publication Helps You Find out if You Qualify for a Health Coverage Exemption Taxpayers who might qualify for an exemption from having qualifying health coverage and making a payment should review a new IRS publication for information about these exemptions. Publication 5172, Health Coverage Exemptions, which includes information about how you get an…

IRS Releases Obamacare Draft Forms

Leaves No Doubt About Your Increased Reporting Responsibilities If you had any doubts about the impact of the Affordable Care Act on your upcoming tax season, the IRS has laid that to rest with the release of EIGHT draft forms for Obamacare compliance. The release includes the following:   Form 1094-B, the draft form for…