What Changes Are There In This Year’s Tax Law?

What Changes Are There In This Year’s Tax Law?
Dr. Friday Tax Tips - One Minute Mo...

 
 
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Dr. Friday 0:00
Good day. I’m Dr. Friday, president of Dr. Friday Tax and Financial Firm. To get more info, go to www.drfriday.com. This is a one minute moment.

Not a whole bunch has been happening when it comes to tax law changes that we’ve seen from the Obamacare or from some of them. One I need to confirm Obama tax credit for health insurance is not on this year’s tax return. So if you did not have health insurance, that penalty is not going to exist. I will say, I don’t think people should probably be running around without health insurance. But sometimes you can’t choose what you can and can’t afford. And it shouldn’t be on your tax return as a penalty. But if you do owe from the past, there are ways of trying to get that disclaimed. Or make a payment plan so that you can eventually get out of debt with Uncle Sam.

Call me 615-367-0819

Announcer 0:52
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