If You Received an Obamacare Subsidy, the 2021 Covid Relief Bill Changed How You File Your Taxes – And May Cost You Some Money

Obamacare Subsidy

If you received a subsidy to purchase health insurance through Covered California in 2021, you have to report that on your federal and state taxes due on April 18, 2022.  But take note – the subsidy system completely changed in May 2021 when the American Rescue Plan Act (ARPA) went into effect in the middle […]

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How the Tax Bill Affects Your Healthcare

The Tax Cuts and Jobs Act is a Presidential signature away from becoming law. What’s in it that impacts your healthcare? Here is a rundown…

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Senate Republicans mull tax on employer-based health insurance

Senate Republicans set on reworking the Affordable Care Act are considering taxing employer-sponsored health insurance plans, a move that would meet stiff resistance from companies and potentially raise taxes on millions of people who get coverage on the job. Under longstanding tax law, compensation in the form of health insurance isn’t treated as income for […]

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