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  • Be aware of the individual penalty in the health care reform law

    Are you familiar with the individual shared responsibility payment? This penalty for not obtaining and maintaining a minimum level of health insurance is scheduled to begin in 2014, and is due with the tax return you'll file in 2015. That's a long way off, so why think about it now? One reason: Today's decisions will [...]

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  • Health Savings Accounts: An option worth considering

    While the way you shop for a health insurance policy may be changing, the tax rules for combining your policy with a savings account remain in place. The combination of a high-deductible health policy and tax-advantaged savings is called a Health Savings Account (HSA). To qualify for an HSA, you or your employer must first [...]

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