With the Affordable Care Act rolled out and in full swing, millions of Americans will find themselves filling out their taxes a bit differently this year. Those who have entered the government marketplace to purchase independent healthcare policies will be reporting this through their tax filings and those who haven’t gotten around to the task yet might find themselves paying a penalty instead.
The easiest way for the federal government to keep track of those who are adhering to or trying to circumvent the Affordable Care Act is through tax returns, which means it’s time for private citizens to take a look at what situation they’re faced with before the upcoming tax season. If you’re someone who hasn’t been purchasing healthcare through the government marketplace, it might be time to consult with a tax accountant in Melbourne, FL about what you can do to get on the right track and avoid paying penalties.
At Singer Tax Service, we’re fully up to date and knowledgeable on the Affordable Care Act and all of the ramifications that come with it when filing your taxes. If you’re looking for a tax accountant in Melbourne, FL who can help you resolve a messy taxation situation before it occurs relating to healthcare-incurred penalties, we’re the place to call!
Consult with one of our experts today by calling 321-474-1922 and we’ll help make sure your 2016 tax return doesn’t turn into a debacle!