Dan Yu, managing principal of EisnerAmper Personal Wealth Advisors, discusses what tax and personal finance documents individuals should make sure they have in place at the end of the year to ensure their financial house is in order.
Many people in the U.S. don't think the summertime is when you should begin worrying about tax season, but one expert says that right now is when you should start thinking about mid-year tax strategies.
https://turbotax.intuit.com/health-care What is the Affordable Care Act (Obamacare) tax penalty? Under the Affordable Care Act, if you can get health insurance and choose not to, and you aren’t exempt for any other reasons, you may have to pay a tax penalty. Find out more about the Affordable Care Act tax penalty, tax penalty rates for individuals and families, and how the tax affects your taxes with this informative video from TurboTax.
https://turbotax.intuit.com/health-care The Affordable Care Act Premium Tax Credit is a new refundable tax credit that can lower your monthly health insurance premiums. Find out who qualifies for the ACA Premium Tax Credit, how you can claim the tax credit and how the credit may affect your taxes with this helpful video from TurboTax.