Thanks to the tax reform, beginning in 2019, the penalty for not having adequate health insurance, which the government refers to as the “individual shared responsibility payment,” will no longer... read more →
The Affordable Care Act (Obamacare) included a “shared responsibility payment,” which in reality is a penalty for not having health insurance. Along with this penalty came a whole slew of... read more →
Article Highlights: Increased Standard Deduction Tax-Exempt Income Impairment-Related Work Expenses Financially Disabled Earned Income Tax Credit Child or Dependent Care Credit Special Medical Deductions Qualified Medicaid Waiver Payments ABLE Accounts... read more →
About BNS Accounting
Since 1981, we have delivered a complete range of accounting, bookkeeping, tax prep and consulting services to help businesses and individuals achieve their financial goals. Our personalized service, high standards and specialized staff create a world of difference between our outstanding performance and results and other tax firms.