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.
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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.
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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.
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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.
