Friday, January 6, 2017

Penalty for not Maintaining Minimum Essential Health Coverage


Welcome, 2017! As the New Year rolls around, it's always a sure bet that there will be changes to current tax law and 2017 is no different. From health savings accounts to tax rate schedules and standard deductions.

For calendar year 2017, the dollar amount used to determine the penalty for not maintaining minimum essential health coverage is $695.

If you would like to schedule a Free Initial Consultation to learn more about the tax preparation and tax planning & compliance services we offer to businesses and individuals, send us an e-mail or call Amare Berhie today at 651-300-4777 to schedule a convenient time.
Amare Berhie, Senior Accountant          
CEO, ABA Tax Accounting
651-300-4777


We are licensed in All States. We are affordable, experienced, and friendly. We are an Authorized IRS e-file Service Provider.

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