The Internal Revenue Service yesterday issued a notice that provides limited penalty relief for taxpayers who have a balance due on their 2014 income tax return as a result of reconciling advance payments of the premium tax credit for eligible individuals and families purchasing coverage through the Health Insurance Marketplace. Specifically, the notice provides relief for the 2014 taxable year from the penalty for late payment of a balance due and the penalty for underpayment of estimated tax for taxpayers who meet certain requirements.

Related News Articles

Headline
The AHA and the Hospital Capacity Management Consortium will host a webinar Sept. 4 on the use of predictive analytics within hospital capacity management,…
Headline
The AHA Quest for Quality Prize honors hospitals and health systems committed to leadership and innovation in improving quality and advancing health. Learn how…
Headline
A JAMA study published Aug. 20 found that nearly 63% of all U.S. drug production facilities from 2019 through 2024 were in counties where a weather disaster…
Headline
The AHA’s Society for Health Care Strategy & Market Development Aug. 21 announced Donna Teach, chief marketing and communications officer for Nationwide…
Headline
The FBI Aug. 20 released an advisory warning of malicious activity by Russian cyber actors targeting end-of-life devices running an unpatched vulnerability in…
Headline
The Department of Health and Human Services and the Centers for Medicare & Medicaid Services Aug. 21 announced the creation of a Healthcare Advisory…