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ACA Subsidy Cliff 2026: How Exceeding 400% of Poverty Can Trigger Premium Tax Credit Repayment Why a Small Income Miscalculation Could Trigger a Big Tax Bill For several years, the Affordable Care Act (ACA) marketplace included a safety feature that helped taxpayers avoid catastrophic repayment of health insurance subsidies. That protection is scheduled to expire after 2025, meaning the original ACA rules return beginning in 2026. For taxpayers who carefully manage their income to qualify for premium subsidies, this change matters more than most people realize. And unfortunately, we see the consequences every year in tax season. Clients often receive advance premium credits based on income estimates provided during enrollment. If those estimates turn out to be wrong, the IRS reconciliation process can produce an unexpected tax bill. Starting in 2026, the risk becomes significantly larger.

What Everyone Should Know Wouldn't it be nice to have a source of nontaxable income? You may be more fortunate than you realize. Listed here are a number of income items that the IRS does not tax.

You've got it all planned out. Your retirement savings accounts are full, you have started receiving Social Security benefits and your pension is ready to go. Everything is planned. What could go wrong? Here are five surprises that can turn your plan on a dime.

Want money when you retire? Here are some tips. Here are five common retirement planning tips and what you can do to take advantage of them. The key is retirement planning starts today, not decades from now when you are reaching retirement age.

There are many tax benefits built into home ownership. Here's a summary of the most common.It may be worth a quick review to ensure you are maximizing your home ownership tax benefits.