IRS has fined some 8 million people and 1.4 million households are forecast to fall prey of fines due to ignorance on new healthcare law. Commonly criticized as the Obama Care Law, the new law instructs all Americans to go through insurance net. But mainly due to ignorance about mandatory submission of tax returns and moreover legally remain exempted from tax net, have fall victim to count fine for $210 each.
Breaking News
Subscribe to VCpost newsletter
Most Popular
- Donald Trump Allegedly Asks $1 Billion from Oil CEOs, Promising Them He'll End EV Incentives
- Donald Trump Net Worth Reaches an All-Time High After Truth Social Stock Jumps Over 10%
- Neuralink Co-Founder Implies He Left Elon Musk's Brain Implant Company Over Safety Concerns
- Federal Student Loan Forgiveness: Eligibility Guidelines for Working Individuals
- Boeing's Statements on Safety Practices Being Investigated by SEC After Side Panel Breaks Off Plane
- Taylor Swift Bill Signed Into Law by Minnesota Governor to Boost Protections for Online Ticket Buyers
- New York Is the World's Richest City, With Its Millionaires and Billionaires' Wealth Greater Than GDPs of Brazil, Canada, Italy
- Tennessee Cleaning Company Fined $650,000 for Illegally Hiring Children, Some as Young as 13, to Clean Dangerous Slaughterhouses