AFFORDABLE HEALTH CARE ACT AND WHAT IT MEANS FOR YOUR TAXES.
Did you know health care laws have undergone a recent change with The ACA - commonly known as Obamacare - swinging in motion? Stop by the nearest ATC office and sit down with an ATC Tax Professional to learn how your taxes will be impacted.
WHAT IS THE ACA (OBAMACARE)?
Before you head over to your local ATC office and file your tax return, lets take a deeper look at the basics of what the ACA is and how it could impact your taxes or your refund.
WHAT IS THE PREMIUM TAX CREDIT?
The premium tax credit is a refundable tax credit designed to help eligible individuals and families with low to moderate income better afford health insurance purchased through the Health Insurance Marketplace.
ACA AND ITS METALS
ACA comes with four distinct divisions that you can chose from – Bronze, Silver, Gold and Platinum. Get a basic understanding of what they stand for and learn the differences. Head to your nearest ATC office to understand which bracket suits you the best.