"How the Health Care Law is Effecting Tax Returns"

Saturday, February 14, 2015

I recently received a tax update from the IRS providing details on how the health care law is effecting the preparation of tax returns this year. Most are aware that the Affordable Care Act contains tax provisions that will affect your 2014 income tax return and most will be affected by the individual shared responsibility provision this tax season. Although cumbersome, it is important to understand your role in the correct preparation and presentation on your 2014 tax return.

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