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Released: February 16, 2017
IRS won’t withhold tax refunds if Americans ignore ACA insurance
Source: Amy Goldstein, Washington Post (Paid Registration)
The Trump administration is taking its first steps to put its imprint on the Affordable Care Act, reversing plans to withhold tax refunds this year from Americans who flout an insurance requirement in the law while proposing a series of rule changes to encourage insurers to remain in ACA marketplaces.
The IRS said tax returns will be processed as always, even for individuals who do not provide the required information.
Read Full Article: IRS won’t withhold tax refunds if Americans ignore ACA insurance