Tax Preparer Warns Of Late Refunds If Delays Occur With ACA Tax Credit Reconciliation

An official with tax preparer company Jackson Hewitt says millions of consumers getting subsidized exchange plans this year could have their tax refunds delayed next year if the marketplaces do not send necessary documentation to those consumers by Jan. 31. The IRS late Thursday (July 24) released several draft versions of ACA-related tax forms, touching on the individual mandate, employer reporting requirements, reconciliation of premium tax credit amounts and claiming exemptions from the individual mandate. Individuals who are receiving premium...