As different provisions of the Affordable Care Act (also known as “Obamacare”) continue to roll out and go into effect, our small business accountants in Raleigh would like to take this opportunity to remind you of some of the ways the new legislation will impact tax laws for 2013.
Although there are a number of important tax ramifications stemming from Obamacare, we anticipate that only a handful of changes will affect how our clients’ tax preparation. The issues we suggest paying the most attention to include the following.
The tax changes precipitated by the Affordable Care Act might affect the amount of estimated taxes you pay each quarter, your withholdings, or your overall tax liability for 2013, so it’s important to evaluate where you stand with regard to the new rules and regulations prior to making any payments or filling out any returns.
If you’re unsure as to whether or not the Affordable Care Act will affect either your personal taxes or your small business’s taxes, we can help. Our team of experienced and certified CPAs can take on the task of tax preparation so you can feel confident that they are done accurately and your payments are minimized as much as possible. Reach out to us today to set up a consultation and learn how we can save you time and minimize your tax burden by calling us at 919-420-0092 or fill out our contact form.