The individual tax penalty

By now it is not news that starting 2014 every American is expected to have Health Insurance or pay a penalty, called the individual shared responsibility penalty. Lets go through the What?  Who?  Where?  When?  How?  And Why? What is the penalty? The penalty...

Year-By-Year Timeline

Below are major provisions of the Law effective 2012 – 2018. 2012 Non-Discrimination requirements; guidance to be issued  Uniform explanation of coverage; plan year beginning after September 23rd 2012  W2 reporting of health care cost 2013 FSA contributions limited to...