Tag Archives: Individual Mandate

Tax Requirements under the ACA’s Individual Mandate

Tax Requirements under the ACA Individual Mandate

Accountants and bookkeepers are gearing up for yet another tax season. This year marks the first year that the Affordable Care Act’s (ACA) individual shared responsibility provision will be enforced. Are you prepared for the new tax requirements when filing your 2014 federal income tax return? The individual mandate states that individuals of all ages […]

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What’s Next for the Affordable Care Act?

By Megan Cooney, Marketing Assistant Although the first open enrollment period for health insurance through the Marketplace officially closed at midnight on March 31, those who began applications that day will have until April 15 to finish the enrollment process. President Obama announced that over 7.1 million Americans applied for health insurance through the exchange […]

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What You Need to Know About the Affordable Care Act

If you are seeking health insurance through the Health Insurance Marketplace, the enrollment period deadline for coverage starting January 1, 2014 ends on Monday, December 23, 2013. However, the open enrollment period will remain open until March 31, 2014. Individual Mandate Penalty “As of January 1, all United States citizens will be required, on a […]

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