While it’s true the Federal government did away with the #HealthInsuranceMandate, California kept the show rolling with the California #HealthCareMandate effective tax year 2020. Beginning January 1, 2020, all California residents must either:(1) Have qualifying health insurance coverage, or (2) Obtain an exemption from the requirement to have coverage, or (3) Pay a penalty when […]
2015 Affordable Care Act Open Enrollment Starts November 1st
Open Enrollment Period for Affordable Care Act insurance plans is November 1, 2015 – January 31, 2016. In ObamaCare TAX TALK here are some things you should expect to be different on your 2015 income tax return: The fee (penalty) for not having health coverage in 2016 will be the higher of these two amounts: […]