2018 Tax Reform and the Premium Tax Credit
The Tax Cuts and Jobs Act eliminated the tax penalty for not having health insurance beginning January 1, 2019. However,… Read more
Health Care
Form 8962: Premium Tax Credit and Shared Policy Allocation
The Premium Tax Credit (PTC) is a refundable tax credit intended to help low to moderate income earners offset the cost of… Read more
What to do if client receives a Premium Tax Credit letter
Some taxpayers may receive a letter from the IRS requesting information on advance payments of the Premium Tax Credit.… Read more
Know the options for health insurance outside of open enrollment
Today, TaxSlayer brings you a guest blog from our partners at VelaPoint Insurance.
The Affordable Care Act—a… Read more
IRS Offers Guidance on Tax on ‘Cadillac’ Health Plans
The Internal Revenue Service has issued guidance on the potential approaches it may take in the future on proposed regulations… Read more
3 Tips About Marketplace Coverage & Your Clients’ Taxes
Your clients’ health coverage through the Health Insurance Marketplace may affect their taxes:
If anyone in your… Read more