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Individual’s Health Care Requirements – Final Rules Issued | David Knoble, CPA, PLLC

David Knoble, CPA, PLLC

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Individual’s Health Care Requirements — Final Rules Issued

The IRS has now released the final reg­u­la­tions gov­ern­ing the require­ments for indi­vid­u­als to carry health care insur­ance.  There has been leg­is­la­tion and edi­to­r­ial mat­ter daily since the orig­i­nal act was passed.  The end result is the leg­is­la­tion will help some and hurt oth­ers.  One of the keys to under­stand­ing these IRS reg­u­la­tions is to grasp the def­i­n­i­tion of excluded indi­vid­u­als.  If you fall into this cat­e­gory, the rest does not apply.

See this excel­lent arti­cle from the AICPA in their Tax Advisor.

© 2013, david.knoble
by David Kno­ble, CPA, PLLC
Serv­ing Non-Profits, Busi­nesses & Indi­vid­u­als
Rock Hill, SC

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