One Big Beautiful Bill taxes: Key changes to your health insurance and tax benefits What’s New in the One Big Beautiful Bill: What You Need to Know The One Big Beautiful Bill, a tax reform passed in 2025, brings significant changes that impact both your health insurance and your tax obligations. Understanding these changes is…
SEP IRA: Savings for your retirement with tax benefits A SEP IRA allows employees and business owners to save for the future with tax advantages. Más info This plan is easy to set up, allows for tax-deductible contributions, and helps secure your retirement. It’s ideal for freelancers or small businesses. At Taxplus Insurance, we’ll advise…
Did you have health insurance in 2022-2023? Filing taxes is required to maintain subsidies. The CMS confirmed that those who received tax credits must file a tax return, even with low incomes. Más info To maintain eligibility for the Premium Tax Credit (PTC), you must file an annual tax return using Forms 1095-A and 8962.…
Do you owe the IRS? Avoid penalties by paying estimated taxes. If you think you’ll owe taxes this year, you can make quarterly payments to avoid late fees. Más info The IRS requires estimated tax payments from those who don’t have enough withholding from their paychecks or receive additional income, such as self-employment, rent, or…
IRS Urges Electronic Filing to Avoid Penalties During Tax Season The Internal Revenue Service (IRS) has issued an urgent call to taxpayers: use the electronic tools on IRS.gov to file your returns and make payments before April 15 Más info With the deadline approaching, the IRS highlights the efficiency and security of online options, which…