Washington Alert-Part I

…IRS has announced the launching of its new Affordable Care Act Tax Provisions website. (IRS Health Care Tax Tips 2013-01) The information on the site pertains to individuals and businesses, the agency said. The home page of the site has sections for individuals and families, employers, and other groups (such as insurers and tax-exempt and government organizations). “The site provides information about tax provisions that are in effect now and those that will go into effect in 2014 and beyond,” IRS said. Among the topics covered are the following: premium tax credits for individuals, new benefits and responsibilities for employers, and tax provisions for insurers, tax-exempt organizations and certain other business types. The website can be accessed here.

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