Passed in 2010, the Affordable Care Act overhauls the U.S. healthcare system and affects nearly all taxpayers, many employers and various elements of the healthcare industry.
The Act represents the most significant change to our healthcare laws since the passage of Medicaid and Medicare in 1965. The new law will be phased in over multiple years spanning 2009 to 2018, with the individual mandate taking effect Jan. 1, 2014. The new healthcare law uses the tax code and tax return in many respects to implement its measures.
Intuit® recently hosted a webinar presented by Mike D’Avolio on the Act.