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Wednesday, February 18, 2015

Tips for Navigating a Changing Tax Landscape (@nytimes)

Jan M. Rosen of The New York Times presents some helpful tips for this tax season, with a special focus on how The Affordable Care Act (Obama Care) affects different tax payers.

Full article at The New York Times

"What’s new this tax season? In a word: Obamacare. That’s the answer given by many tax professionals. People who overcame the challenges of Healthcare.gov and succeeded in buying health insurance under the Affordable Care Act last year now face a new set of hurdles in the form of daunting tax forms. So do business owners who offer coverage to employees under the law’s Small Business Health Options Program. But the good news for both is that they may receive a tax credit that reduces taxes dollar for dollar."



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