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Showing 1 post tagged Treasury Department.

Coalition Sues Treasury to Stop IRS Tax Penalties Under ACA

In one of at least seven current lawsuits involving the Affordable Care Act, a coalition of 12 businesses and individuals has filed suit against the Department of the Treasury seeking to halt implementation of ACA tax penalties in states that haven't set up health insurance exchanges. The IRS issued new tax rules in 2012 in anticipation of the health care law, and the coalition claims some of the rules directly contradict Congress's intent. More >

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