Affordable Care Act

Affordable Care Act Tax Credits or PenaltiesThe Affordable Care Act (ACA) changes the rules for health insurance.  Everyone can now buy coverage.  However, the law has a tax penalty for people who do not have health insurance. Coverage may also get cheaper.  Many people will qualify for a new tax credits.  These credits will help pay for their health insurance.  Others may qualify for free coverage. The rest may not be affected at all, but you need to know how the Affordable Care Act impacts your taxes.

To receive these benefits, though, you generally have to file your taxes.  That is why we at EZ Tax Service say that April 15th is now the most important day in health care! We are here to help you determine how your taxes are affected by the Affordable Health Care Act.

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