Posted on 02/26/2015 2:44:08 PM PST by ThethoughtsofGreg
On February 20 the Centers for Medicare and Medicaid Services (CMS) announced the creation of a special enrollment period for taxpayers to avoid penalties for non-compliance with the Affordable Care Acts (ACA) individual mandate.
Open enrollment for 2015 officially ended February 15, and prior to the CMS announcement, those who failed to sign up for insurance and werent otherwise covered would have been subject to a fine (or shared responsibility payment) of the greater of $325 per adult, or two percent of taxable household income when they filed their tax returns in 2016. Because many people may not be aware of the individual mandate penalties until they file their 2014 tax returns this year, CMS extended the deadline to coincide with tax filing deadlines.
We recognize that this is the first tax filing season where consumers may have to pay a fee or claim an exemption for not having health insurance coverage, said CMS Administrator Marilyn Tavenner in a statement. Our priority is to make sure consumers understand the new requirement to enroll in health coverage and to provide those who were not aware or did not understand the requirement with an opportunity to enroll in affordable coverage this year.
(Excerpt) Read more at americanlegislator.org ...
yet another unauthorized change to the law?
So now every government department makes up the law as it goes along. No need for Congress any more. When do the impeachment hearings start ?
His goal is to fundamentally change us from a constitutional reublic to a dictatorship. All that needs to be done is absorb the powers of congress including the power to tax, and it will be completed.
Silly citizen. Liberals need no “laws”.
“... And in the news tonight: El Jefe temporarily suspended punishment of Rule 7.”
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