Tag Archives: IRS

No health insurance? Penalties to rise in 2015


The cost of being uninsured in America is going up significantly next year for millions of people. It's the first year all taxpayers have to report to the Internal Revenue Service whether they had health insurance for the previous year, as required under President Barack Obama's law. Those who were uninsured face fines, unless they qualify for one of about 30 exemptions, most of which involve financial hardships.

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Team ACA punts on disclosure policy (access required)

Team ACA punts on disclosure policy

At a board meeting held to establish its policies on disclosure of the businesses that contribute money, Team ACA said its policy would simply be to comply with all legal requirements, though it’s unclear whether the identities of contributors would be open to the public.

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