June 26, 2015
The Supreme ruled yesterday (June 25) in a 6-3 decision that health insurance subsidies are legal in the 34 states that are using the federal marketplace. Therefore, approximately 6 million people who reside in those states will continue to receive the subsidy for the remainder of 2015 and all future years.
This also means that there will be no changes to the way the Affordable Care Act is administered by the IRS and Health and Human Resources for 2015 and beyond.
For more detail see:
2018 Depreciation Changes
October 18, 2018
2018 Tax Law Changes that are Directly Reported on Form 1040
October 3, 2018
IRS Tax Transcripts Changes
September 27, 2018
Revised 2018 Schedule A due to Tax Cuts and Jobs Act Changes to Itemized Deductions
August 29, 2018
2018 Expansion of Preparer Due Diligence Requirements
August 8, 2018
IRS Accepting Renewal Applications for ITINs Expiring at End of 2018
July 25, 2018