Health Care Tax Tip for The Individual Shared Responsibility Payment (Affordable Care Act)

The Individual Shared Responsibility Payment Beginning in 2014, the individual shared responsibility provision of the Affordable Care Act requires each individual to:  Maintain a minimum level of health care coverage – known as minimum essential coverage , or Qualify for an exemption , or Make an individual

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IRS Responds to Taxpayer Expectations for More Online Services

In response to the ever-increasing number of taxpayers wanting online services, the IRS continues to develop online tools to interact with the taxpayers online, Commissioner John Koskinen said on April 2. Speaking at the National Press Club in Washington, D.C., Koskinen added that adequate funding is critical for

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