News Headlines Article

New Health Care Law Tax Surprise
NBC Bay Area

The US Treasury Inspector General for Tax Administration says that the IRS needs to do more to educate American taxpayers about the implications of the new Federal Affordable Care Act that will extend health care coverage to millions of uninsured Americans beginning in 2014.

J. Russell George says he’s concerned that the Internal Revenue Service is making plans to implement the new changes but hasn’t adequately informed the general public about what’s coming and how it could directly affect them, especially potential tax returns uninsured taxpayers might be due.