Tax Resources › Affordable Care Act Information Center

Obamacare or, more officially, the Affordable Care Act (ACA) along with its health insurance premium subsidies available from insurance marketplaces, premium tax credit (PTC), and penalty for not being insured, is going to affect just about every taxpayer in one way or another.

It is important for everyone to understand that new, substantial, and sometimes complicated reporting requirements have been added to the 2014 tax return to facilitate the ACA insurance mandate. As a result, taxpayers need to be prepared for a variety of new forms they will be receiving starting in January 2015 from their insurance companies, employers, and the marketplace that they will need in order to prepare their tax returns.

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To find out more about how the new healthcare law will affect your taxes, check out our ACA primer on our blog, and please feel free to contact us at (781) 849-7200 or via the Get Started button below.

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