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Employers and Coverage Providers: 11 Facts About Health Care Information Forms

Under the Affordable Care Act, insurance companies, self-insured companies, and large businesses and businesses that provide health insurance to their employees must submit information returns to the IRS and individuals reporting on health coverage. Taxpayers can use the information...

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  • January 7, 2017

A Series of Yes-or-No Questions help you Determine Eligibility for the Premium Tax Credit

A Series of Yes-or-No Questions help you Determine Eligibility for the Premium Tax Credit The premium tax credit – also known simply as PTC – is a credit for certain people who enroll, or whose family member enrolls, in...

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  • December 8, 2016

What to Do if You Get a Letter about the Premium Tax Credit

Some taxpayers will be receiving an IRS letter about the premium tax credit; this letter is also known as a 12C letter. Be sure to read your letter carefully and respond timely. Here are answers to questions you may...

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  • May 5, 2016

Here’s the 4-1-1 on Calculating an Individual Shared Responsibility Payment

The Affordable Care Act requires you and each member of your family to have minimum essential coverage, qualify for an insurance coverage exemption, or make an individual shared responsibility payment for months without coverage or an exemption when you...

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  • April 5, 2016

Can’t Pay Taxes On Time? Here Are Five Tips

The IRS urges you to file on time even if you can’t pay what you owe. This saves you from potentially paying a penalty for a late filed return. Here is what to do if you can’t pay all...

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  • April 5, 2016

What to Do if You Don’t Receive Your Health Care Information Forms

This year, you may receive one or more forms that provide information about your 2015 health coverage; these forms are 1095-A, 1095-B and 1095-C. The IRS does not issue these forms and cannot provide you with a copy of...

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  • March 9, 2016

This year, you may receive one or more forms that provide information about your 2015 health coverage. These forms are 1095-A, 1095-B and 1095-C. This tip is part of a series that answers your questions about these forms. Form...

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  • February 25, 2016

Here’s What You Need to Do with Your Form 1095-A

This year, you may receive one or more forms that provide information about your 2015 health coverage. These forms are 1095-A, 1095-B and 1095-C. This tip is part of a series that answers your questions about these forms. Form...

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  • February 25, 2016

How to Determine if You Can Claim the Premium Tax Credit

The premium tax credit is a credit for certain people who enroll, or whose family member enrolls, in a qualified health plan offered through a Marketplace. Claiming the premium tax credit may increase your refund or lower the amount...

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  • February 9, 2016

Six Tips on Whether to File a 2015 Tax Return

Most people file a tax return because they have to, but even if you don’t, there are times when you should. You may be eligible for a tax refund and not know it. Here are six tips to help...

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  • January 24, 2016

Eight Facts about New ACA Information Statements

Many individuals will receive new ACA information statements for the first time in 2016: • Form 1095-B, Health Coverage • Form 1095-C, Employer-Provided Health Insurance Offer and Coverage Here are eight facts about these forms: • While the information...

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  • December 29, 2015

Four Things to Know about Advance Payments of the Premium Tax Credit

When you enroll in coverage through the Marketplace during Open Season, which runs through Jan. 31, 2016, you can choose to have monthly advance credit payments sent directly to your insurer. If you get the benefit of advance credit...

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  • November 20, 2015

Top 10 Tax Tips about Filing an Amended Tax Return

We all make mistakes so don’t panic if you made one on your tax return. You can file an amended return if you need to fix an error. You can also amend your tax return if you forgot to...

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  • September 4, 2015

Your Health Insurance Company May Ask for Your Social Security Number

Your health insurance company may request that you provide them with the social security numbers for you, your spouse and your children covered by your policy. This is because the Affordable Care Act requires every provider of minimum essential...

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  • August 31, 2015

Premium Tax Credit Brings Changes to Your 2014 Income Tax Returns

When filing your 2014 federal income tax return, you will see some changes related to the Affordable Care Act. Millions of people who purchased their coverage through a health insurance Marketplace are eligible for premium assistance through the new...

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  • January 22, 2015

New IRS Publication helps you understand the Health Care Law

There is a new publication that will help you learn about how the Affordable Care Act affects your taxes. IRS Publication 5187, Health Care Law: What’s New for Individuals and Families is now available on IRS.gov/aca. While the health...

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  • January 2, 2015

ASY are Small Business Accountants that treat me like family.

Bookkeeping • Payroll • Tax Preparation • Government Correspondence From small business to non-profit (501(c)(3))… from new business to established… we handle the numbers so you can concentrate on the business! AS of York caters to small business owners....

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  • August 29, 2009

ASY are Small Business Accountants that treat me like family.

Bookkeeping • Payroll • Tax Preparation • Government Correspondence From small business to non-profit (501(c)(3))… from new business to established… we handle the numbers so you can concentrate on the business! AS of York caters to small business owners....

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  • August 28, 2009