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Elimination of the Federal Health Insurance Penalty

Elimination of the Federal Health Insurance Penalty

The Tax Cuts and Jobs Act has eliminated the federal shared responding health insurance penalty for tax year 2019. The penalty was previously imposed on individuals and families who did not maintain health insurance coverage for all twelve months of the tax year....
Working Through the New Tax Laws

Working Through the New Tax Laws

The 2019 changes are really slight adjustments from the major changes enacted in 2018 by the Tax Cuts and Jobs Act. The main takeaway is to use this information to set your withholding tax, tax estimates, and tax planning in the right direction for 2019. The New 2019...
New Jersey Health Insurance Market Preservation Act

New Jersey Health Insurance Market Preservation Act

Beginning January 1, 2019, New Jersey will require its residents to maintain health insurance. The law requires you and your family to have minimum essential health coverage throughout 2019 and beyond, unless you qualify for an exemption. Failure to have health...