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Business LAW | Business Blog - Page 5
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How Does the Affordable Care Act Impact Your Taxes?

The Affordable Care Act (ACA) is a healthcare law that requires individuals to obtain a minimum level of health insurance. For those who make less than 400 percent more than the poverty line, government subsidies can help lower the cost of coverage. However, getting a subsidy or foregoing coverage could have many consequences for people on their 2014 tax returns. There May Be a Fine Owed Those who are not i ...

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