By Stephanie Armour and Louise Radnofsky | The New York Times
The first year of the Affordable Care Act is in the books, and now comes a tricky tax-filing season for millions of Americans.
The law’s requirement that most Americans carry health insurance means all filers must indicate on federal tax forms whether they had coverage last year and got tax credits to help pay for it. Those who didn’t have coverage could face a fine, although reduced staffing at the Internal Revenue Service and certain changes to the law mean the so-called individual mandate is expected to be lightly enforced this year, tax preparers say.
If you’d like to discuss employment or health care law, contact David Weissman, dweissman@roselawgroup.com
