Key Tax Provisions of the Obamacare Repeal Bill

Forbes contributor and tax expert Ryan Ellis summarizes some of the key provisions outlined in the legislation released today by the House Ways and Means Committee. The highlights include: Nearly all Obamacare taxes repealed. Individual mandate and employer mandate retroactively repealed. “Cadillac plan” tax deferred until 2025. New tax credit to purchase health insurance. CLICK HERE to …

Ways and Means Republicans Release Legislation to Repeal and Replace Obamacare

As part of House Republicans’ American Health Care Act, House Ways and Means Committee Chairman Kevin Brady (R-TX) released legislation today to repeal and replace Obamacare through a budget process known as reconciliation. The Ways and Means Committee has scheduled a markup of this legislation on Wednesday, March 8, at 10:30 a.m. To read the full press release, …

Explaining the Healthcare Tax Credits

Tax expert Ryan Ellis tackles questions surrounding the refundable tax credit for individuals to purchase health insurance that is part of the House GOP plan. Some have labeled this tax credit a “new Republican entitlement,” but Ryan explains how that is not necessarily the case. CLICK HERE to read the article.