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California Reintroduces Health Insurance Mandate Enforced by New Tax Penalty

California Reintroduces Health Insurance Mandate Enforced by New Tax Penalty

Governor Newsom reintroduced the tax penalty for not carrying health insurance for 2020. California and a handful of other states have countered to the federal government with their own state-wide tax penalties to enforce the Affordable Care Act’s health...
Do you still need your 1095 form for 2019?

Do you still need your 1095 form for 2019?

As Tax Day approaches on April 15th, the 1095 form should already be mailed out to you. Your 1095 form is a medical statement used to show the IRS that you were enrolled in a qualified health insurance plan throughout the calendar year. You should treat your 1095...
Newsom Proposes New Health Insurance Mandate & Tax Penalty

Newsom Proposes New Health Insurance Mandate & Tax Penalty

On Governor Newsom’s first day in office, Newsom proposed reinstating the tax penalty for not having Affordable Care Act-compliant, comprehensive health insurance coverage. The proposal is in response to the recent removal of the federal tax penalty for not...