Supreme Court's health care decision affects many tax provisions

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The Supreme Court's decision upholding the individual mandate in the health care law had a surprisingly large number of tax ramifications. Because much of the health care law was enacted through the Internal Revenue Code, the court's decision to let the law stand means that numerous tax provisions will take effect over the next few years. Many of those provisions involve health care, but some, such as the 3.8% tax on net investment income and the codified economic substance doctrine, don't, and may surprise taxpayers. To read the details click the link.  Supreme Court upholds health care law
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ABA Tax AccountingAmare Berhie, Senior Tax Accountantamare@abataxaccounting.comDirect 612-282-3200Toll free 866-936-0430http://abatax81.blogspot.com