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Follow on Google News | Health Care Reform, Taxes, Explained by Traverse City’s Frank EllisIn a new article published on Examiner.com, Ellis discusses the facts about health care reform and its impact on 2015 tax returns being filed in 2016.
By: Best IRS Tax Refund Frank Ellis provides information to taxpayers who may be uncertain about the new law. The various details provided help one understand if their situation will change. First, he explains that all citizens must have insurance at the start of 2014. Those who are insured or fall under a couple of exceptions are not affected, the author says in more detail. The Health Insurance Marketplace is also explained. It allows for plan comparisons. Ellis reveals until when people have to purchase through this online system, and the potential for a tax fine should they not get insured. In addition, he discusses how someone might qualify for monetary support to pay for their insurance. This comes in the form of a tax credit which is further explained. The author also discusses how TurboTax online software (http://www.examiner.com/ To learn more about health care reform and its effect on individual taxes, visit http://www.examiner.com/ About Frank Ellis Frank Ellis is a Traverse City Tax Preparation Planner and published author. He has written tax and finance related articles (http://www.examiner.com/ Contact Information Frank Ellis Best IRS Tax Refund 945 East 8th Street Suite A Traverse City, Michigan 49686 Website: http://bestirstaxrefund.com/ End
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