Wednesday, December 5, 2012

IRS Proposed Regulations on Obamacare

CCH Explanation:
http://www.cchgroup.com/wordpress/index.php/tax-headlines/federal-tax-headlines/irs-releases-proposed-regulations-answers-questions-on-net-investment-income-tax-and-additional-medicare-tax-nprm-reg-130507-11-nprm-reg-130074-11-notices/

New 3.8 Percent Tax on Investment Income
http://www.parkertaxpublishing.com/public/REG-130507-11.pdf

0.9 Percent Additional Medicare Tax
http://www.parkertaxpublishing.com/public/REG-130074-11.pdf

2.3% Excise Tax on Medical Device
http://www.irs.gov/pub/irs-drop/n-12-77.pdf

Rules Relating to Additional Medicare Tax
https://www.federalregister.gov/articles/2012/12/05/2012-29237/rules-relating-to-additional-medicare-tax

http://www.irs.gov/uac/Affordable-Care-Act-Tax-Provisions

Disclosure of tax return information on eligibility requirements for health insurance affordability programs
http://www.irs.gov/pub/irs-drop/reg-119632-11.pdf

Additional Requirements for Charitable Hospitals
http://www.irs.gov/pub/irs-drop/reg-130266-11.pdf

Here is a link to the IRS web site on its various news releases and guidance on Obamacare:
http://www.irs.gov/uac/Affordable-Care-Act-of-2010:-News-Releases,-Multimedia-and-Legal-Guidance