The Premium Tax Credit: History, Recent Developments, and Future Prospects
The premium tax credit (PTC) is a cornerstone of the Affordable Care Act (ACA), designed to make health insurance more affordable for middle-income Americans. As a refundable credit, the PTC helps individuals and families purchase health insurance through the Health Insurance Marketplace, directly impacting the affordability of healthcare coverage. This article explores the history of the PTC, recent developments, and future prospects, provid... Cody Adams, EA
Important Things to Know for Tax Year 2021 Returns
Infrastructure Investment and Jobs Act On November 5, 2021, Congress passed the Infrastructure Investment and Jobs Act (H.R. 3684), which President Biden is expected to sign into law. The new law addresses provisions rel... TheTaxBook