Health Care

How to Calculate ObamaCare Penalties

Beginning in 2014, individuals without health insurance for up to three consecutive months will face a penalty on their income tax return. Here's how to calculate it.

New for 2013: Additional Medicare Tax

The Additional Medicare Tax went into effect this year and will be levied on wages, other compensation, and self-employment income paid after the start of the year.

Tax Rules of Hiring a Caregiver

The tax rules surrounding the employment of a caregiver can be confusing--not to mention costly if a mistake is made.