President Trump signed into law on October 24 the SUPPORT for Patients and Communities Act (H.R. 6) (P.L. 115-271), which includes a provision providing a new religious exemption from the individual mandate under the Affordable Care Act (ACA, or Obamacare). The requirement to maintain basic health coverage is sometimes referred to as the “individual mandate.” The individual mandate has been eliminated after 2018. The exemption applies to individuals who are members of a religious sect or division which is not described in Section 1402(g)(1) of the ACA, who rely solely on a religious method of healing, and for whom the acceptance of medical health services would be inconsistent with their religious beliefs. The provision changes Code Sec. 5000A(d)(2)(A) and is effective for tax years beginning after Dec. 31, 2018.
More answers
Arkansas Waterways Investment Income Tax Credit Created
Arkansas Governor Sarah Huckabee Sanders has signed legislation providing a credit against income tax for the cost of making capital …
Payroll Congress: OCSE Addresses Child Support Questions
Debbie Tam, CPP PayrollOrg (formerly known as the American Payroll Association) held its 41st Payroll Congress in Denver, Colorado. During …
GOP Eyes Spending Bills as Vehicles for IRS Funding Clawbacks
Amid annual appropriation and Israel support negotiations now that the House speaker position has been filled, Republicans are seeking to …