Tax credits reduce tax liability dollar-for-dollar, making them particularly valuable. One of them might not be available after 2017.
Editor’s Note: There have been substantial changes in the ACA law since we published this post. See our current newsletter for updated information. The Cliff Notes version (detailed explanation below) 2010 – 2011 Small business tax credit Adult dependent insurance coverage Return information disclosure Restrictions on use of HSA and FSA funds 2012 Information reporting…healthcare, obamacare, Timeline