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Tax Tips & News: shared responsibility provision

Understanding Obamacare: How The Affordable Care Act Will Affect Your Taxes

5 minutes read

How The ACA Affects Your Taxes

Certain provisions of the Patient Protection and Affordable Care Act (PPACA) are set to take effect in 2014, some of which may have an impact on taxpayers. The PPACA, more colloquially known as “Obamacare,” is the new healthcare law that sets up either a state or government run health exchanges. Along with the change in healthcare accessibility comes a change in taxes.

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