Category Archives for "Taxes"

Obamacare Information for your tax return

By Chuck Bentley You will need to report your healthcare arrangements to the IRS as one of the consequences of Obamacare, or else: Failure to comply can result in a reduced tax refund and penalties. First, there’s the coverage issue. Under Obamacare’s individual shared responsibility provision, you must let the IRS know when you file […]

Obamacare and Your Taxes

By Chuck Bentley I hope you know that a key part of the Affordable Care Act (ACA) requires that taxpayers have qualifying health care coverage. Those without will need to qualify for an exemption or pay a penalty. This “Individual Shared Responsibility” provision applies to both individuals and families. If you, your spouse, and everyone […]

Government giving gets Robin Hood all wrong

By Chuck Bentley—WashingtonTimes.com—Monday, December 24, 2012 Killing incentive to give will hurt the poor, not the rich. A fundamental misunderstanding of the Robin Hood legend in the current discussion of tax policy undergirds a mistaken idea, too rarely evaluated—that hurting the “rich” helps the “poor.” Right now, this is played out in proposals to reduce […]