Affordable Care “Tax”

A Guide to Obama Care (The Aca) for the Individual Tax Payer

Business & Finance, Accounting, Taxation, Finance & Investing
Cover of the book Affordable Care “Tax” by Joseph A. Gabra CPA, LifeRich Publishing
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Author: Joseph A. Gabra CPA ISBN: 9781489703927
Publisher: LifeRich Publishing Publication: January 21, 2015
Imprint: LifeRich Publishing Language: English
Author: Joseph A. Gabra CPA
ISBN: 9781489703927
Publisher: LifeRich Publishing
Publication: January 21, 2015
Imprint: LifeRich Publishing
Language: English

The Affordable Care Act is now a reality, and it holds implications for all Americans. If you dont obtain minimum essential coverage, youll find yourself penalized when you file a tax return, and there are other rules you need to follow regarding income tax. In this guidebook to understanding the ACAalso known as Obamacarecertified public accountant and insurance agent Joseph A. Gabra walks you through what you need to know to make an informed decision about the costs and benefits of obtaining insurance coverage. Theres important information for people trying to make decisions about health care, for insurance agents seeking to provide wise counsel to clients, and for those who are self prepare their own tax return. Learn how to: understand the tax penalty calculation and its exemption; calculate the true cost of health insurance; keep more money in your pocket without breaking any laws. With a glossary of key terms, practical case studies in a question-and-answer format, and key insights about a misunderstood law, this guidebook helps you make critical decisions about some of the most important things in life: your health, the health of your loved ones, and your money.

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The Affordable Care Act is now a reality, and it holds implications for all Americans. If you dont obtain minimum essential coverage, youll find yourself penalized when you file a tax return, and there are other rules you need to follow regarding income tax. In this guidebook to understanding the ACAalso known as Obamacarecertified public accountant and insurance agent Joseph A. Gabra walks you through what you need to know to make an informed decision about the costs and benefits of obtaining insurance coverage. Theres important information for people trying to make decisions about health care, for insurance agents seeking to provide wise counsel to clients, and for those who are self prepare their own tax return. Learn how to: understand the tax penalty calculation and its exemption; calculate the true cost of health insurance; keep more money in your pocket without breaking any laws. With a glossary of key terms, practical case studies in a question-and-answer format, and key insights about a misunderstood law, this guidebook helps you make critical decisions about some of the most important things in life: your health, the health of your loved ones, and your money.

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