Affordable Care Act MAY Increase Tax Preparation Fees
Affordable Care Act “ACA” is a new addition to this year’s tax preparation
Knowing Where To Start
Key provisions of the Affordable Care Act (ACA or Obamacare) were implemented in January 2014, and many Americans remain unfamiliar with how it will affect their taxes this year. To help taxpayers and their tax preparers get educated on these changes, there are numerous resources available online.
Below is a list that should guide you in the right direction:
https://www.healthcare.gov/ – Federal Marketplace
https://www.coveredca.com/ – CA Marketplace
http://www.irs.gov/Affordable-Care-Act – IRS ACA website
Most of these resources are divided into tabs between taxpayers and tax professionals. Resources include blogs, videos, checklists and printable documents. Learn & Be Prepared!