IRS Launches New Website for Obamacare

The IRS has devoted a website to the Affordable Care Act or otherwise known as Obamacare. The purpose of the website is to “educate individuals and businesses on how the health care law may affect them.” Obamacare is expected to be fully implemented by 2014.

Those looking for information on how Obamacare will benefit them can visit the new IRS Obamacare website. One of the most important features of the website is the Help & Resources section. The live assistance available on weekdays makes it convenient for people to get questions about Obamacare answered by the IRS.

Topics covered on the website include tax credits for individuals, new benefits and responsibilities for employers, tax provisions for certain kinds of businesses, and news and legal guidance. All the information is divided into three sections: Individuals and Families, Employers, and Other Organizations.

As the IRS is trying to make the provisions of Obamacare clear to Americans, Obamacare itself is facing stiff criticism. There are indications that many employers have already found ways to avoid providing health insurance to employees, including reducing their work hours under the full-time work limit. If this trend picks up, it could affect millions of Americans.

Jason Furman, an economist and Chairman of President Obama’s Council of Economic Advisers (CEA), said, “We are seeing no systematic evidence that the Affordable Care Act is having an adverse impact on job growth or the number of hours employees are working.”

The purpose of Obamacare will be defeated if many remain untouched by its benefits. It is such loopholes that the government must find a fix for in time. 2014 is coming, when the affects of Obamacare will become evident, indicating its success or failure.

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