◼ Monday, March 23, 2015, marks the fifth anniversary of the passage of Obamacare. Buried in its hundreds of thousands of pages is a mandate that every American must acquire and maintain qualified health insurance. Taxpayers who fail to comply and do not qualify for an exemption will be penalized. - Mike Patton/Forbes
Taxpayers who fail to comply and do not qualify for an exemption will be penalized. This penalty has been dubbed a “shared responsibility payment.” Whatever moniker you choose, this provision is sure to increase the burden on a number of individuals and families, especially those who are struggling financially. Therefore, it is crucial to learn more about this portion of the law. at the link.
