Affordable Care Act

The number of taxpayers is anticipated to increase under Obamacare. The law requires Americans and legal residents to have insurance or have an exemption. Proof of insurance must be shown on the tax return. Without proof, taxpayers pay a tax penalty. Obamacare has added at least 5 new tax forms, complex calculations for partial year insurance coverage, and general confusion for taxpayers. Already more than half of all individual taxpayers have their taxes done by a professional. As tax penalties increase annually, more taxpayers are likely to pay a tax preparer to do their taxes. They may also seek help from health insurance agents.

Liberty Tax Service understands this game changer. Our franchisees have seamlessly added health insurance to their portfolio to increase their revenue and their client base.

Contact us today to learn more about our franchise opportunities.

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The Proof