e-newsletter client login
articles and presentations
financial calculators
record retention
tax news
useful site links

Join our mailing list

We publish an e-newsletter that includes the latest news and tax alerts. To subscribe, enter your email address below:

Affordable Care Act
Grossman St. Amour CPAs PLLC
February 2015

The Affordable Care Act requires individuals to have minimum essential health coverage – unless exempt – or make a shared responsibility payment.   Individuals with employer-provided coverage, or who obtain coverage through Medicare, Medicaid, TRICARE, the ACA Marketplace, and other government programs, generally will only have to check a box on their return indicating they had minimum essential coverage in 2014.

Individuals without minimum essential coverage in 2014 will need to calculate their payment. Before making that calculation, individuals should explore if they are eligible for an exemption. The Affordable Care Act provides for a number of exemptions, some based on economic hardship and others on personal situations. 

Our office can help you navigate the exemptions, see if you qualify for one, and if you do not, how to calculate the shared responsibility payment.   Click here to contact our office, or call 315.422.1391.

back to articles & presentations



Grossman St. Amour CPAs PLLC
110 West Fayette Street, One Lincoln Center, Suite 900 • Syracuse, NY 13202
T 315.424.1120   F 315.422.0829   info@gsacpas.com
Privacy Policy

| About Us | Our Team | Firm News | Community Involvement | Associations/Memberships | Client Testimonials | Accounting & Auditing Services | Audit & Attest Engagements | Financial Statement Preparation | Bookkeeping | Internal Control Review | Fraud Examination & Deterrence | Consulting Services | Business Formation & Valuation | Financial Benefits & Retirement Planning | Merger, Acquisition & Succession Planning | Management Consulting | Real Estate Planning | Technology Consulting | Tax Services | Income Tax Return Preparation | Payroll & Sales Tax Return Preparation | Tax Planning for Businesses | Tax Planning for Individuals | IRS and State Tax Audit Representation  | Industries Served  | Affordable Housing | Construction & Real Estate | Employee Benefit Plans | Equestrian Businesses | Fire Districts Government / Municipalities | Medical Practices & Healthcare | Not-For-Profit | Public School Districts | Manufacturing and Retail Distribution | Resources | Articles & Presentations | Financial Calculators | Record Retention Guidelines | Tax News | Useful Site Links | Career Opportunities | Benefits | Employee Testimonials | Contact Information | Directions