Draft rules for ACA tax credits are issued by the IRS

05/1/2013 | Hill, The

Draft regulations from the Internal Revenue Service aim to establish how income-based tax credits under the Affordable Care Act would be provided to Americans without a certain level of employer-provided health insurance. The draft rules include a "minimum value calculator" that would enable employers to determine whether their workplace coverage is adequate under the law and help individuals determine whether their household income qualifies them for a tax credit.

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Hill, The

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