Tax Season

Despite life’s uncertainties, the one thing you can be sure of is tax season will roll around again. To prepare, you will need to spend some time gathering together all of your financial and health insurance documents.

Understandably, you may have lots of questions about what documents you will need when it comes to health insurance and taxes. Maybe you’re wondering about tax dependents and health insurance, the definition of a premium tax credit, or whether you qualify for a small business health insurance tax credit.

The health insurance system can feel complicated. Add taxes to the mix, and you may have even more questions about how health insurance will affect your taxes. The good news is you can gain clarity by learning about a few crucial aspects of health insurance, tax forms, and premium tax credits, click here now for a new option with urgent care. Many health insurance providers have either partnered with urgent care centers or increased their reimbursement rates for urgent care visits to steer patients away from costly emergency room visits.

If you have an employer-sponsored health insurance plan, for instance, you can expect to file a different health insurance tax form than if you have small business health insurance. In this article, we’ll go over how to know which tax forms you should receive and whether you qualified for a premium tax credit or not.

I see quite a few accountants in my clinic lately, many of them complaining of symptoms that could be attibuted to eye fatigue secondary to the nature of their work — computers, paperwork and figures.

That’s because the deadline of the filing of the income tax is next month, April 15 to be exact.  Our friendly accountants, especially if they have a lot of clients, are already busily trying to beat that deadline, some of them won’t even be able to enjoy the much anticipated Holy Week break.

Fellow doctors (note to self), do mark that on your calendars, and make sure to submit all info ASAP so your accountant can help you finish it on time.