Sponsored by Lane Powell

Penalty for not getting health insurance called a tax

| Print |  Email
Must Reads
Tuesday, November 19, 2013

Beginning in 2014, if you lack health coverage, you face an annual penalty deemed a tax by the U.S. Supreme Court.

The feds call the tax a shared responsibility payment. For ease of use, many of us in the media and readers have seized upon the penalty for singles - $95 for all of 2014 - as reason to forgo coverage that will cost more than $95 a month.

But it's not that simple, as Roberton Williams of the Tax Policy Center pointed out last week, for a number of reasons.

Your penalty will likely be more than $95. In fact, if you're single and make more than $19,650 next year, you'll owe more. And in future years, you'll owe considerably more, depending on your income.

Read more at OregonLive.com.

 

More Articles

Downtime with the director of Barley's Angels

May 2015
Monday, April 27, 2015
BY JACOB PALMER

Live, Work, Play with Christine Jump.


Read more...

Footloose

April 2015
Friday, March 27, 2015
BY LINDA BAKER

Founded 12 years ago, Keen Inc. likes to push the envelope, starting with the debut of the “Newport” closed toe sandal in 2003. Since then, the company has opened a factory on Swan Island and a sleek new headquarters in the Pearl District. The brand’s newest offering, UNEEK, is a sandal made from two woven cords and not much more.


Read more...

Short Shrift:The threat of just-in-time scheduling

May 2015
Monday, April 27, 2015
BY AMY MILSHTEIN

Companies can benefit when they use software to meet staffing requirements and address employees' family and life commitments.


Read more...

Much ado about data-driven organizations, for good reason

Contributed Blogs
Monday, April 13, 2015
bigdatathumbBY GRANT KIRBY | OP-ED CONTRIBUTOR

The mega-shift from technology-driven to data-driven organizations raises questions about Oregon’s workforce preparedness.


Read more...

Are wolves good for business?

Contributed Blogs
Friday, March 06, 2015
030615-wolf-thumbBY JEFF DELKIN | OP-ED CONTRIBUTOR

As a local business owner, I believe it’s important to build our economy on a platform of conservation values.  


Read more...

Epitaph for a Boondoggle

April 2015
Friday, March 27, 2015
BY JOE CORTRIGHT

The CRC is a cautionary tale about how we plan for, finance and invest in transportation infrastructure.


Read more...

The Good Hacker

May 2015
Friday, April 24, 2015
BY CHRIS HIGGINS

As digital security breaches skyrocket, a cybersleuth everyman takes center stage.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS