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Wednesday, February 26, 2014

IRS Warns: Obamacare Tax Must Be Paid with Tax Return

IRS Warns: Obamacare Tax Must Be Paid with Tax Return
President Obama’s Internal Revenue Service today quietly released a series of Obamacare “Health Care Tax Tips” warning Americans that they must obtain “qualifying” health insurance – as defined by the federal government – or face a “shared responsibility payment” when filing their tax returns in 2015. The term “shared responsibility payment” refers to the Obamacare individual mandate tax, one of at least seven tax hikes in the healthcare law...

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