This partnership will enable TaxSlayer’s preparers to confidently meet both challenges.
(PRWEB) November 08, 2014
TaxSlayer, LLC has announced a new partnership with insurance brokerage, VelaPoint Insurance. Designed to address the issues facing Americans during the first tax season post-health insurance reform, this relationship will provide TaxSlayer’s preparers with a trusted resource that can assist their clients who are facing insurance coverage questions.
As individuals and families attempt to file their taxes for the year, many will be confronted with questions they’ve never before had to answer. This will be particularly true for low- and middle-income individuals, who are most affected by the reforms brought about by the Patient Protection and Affordable Care Act (ACA). Issues regarding Minimum Essential Health Coverage, tax penalties, premium subsidies and more will inevitably arise.
Preparers will also be facing a new set of challenges when, for the first time ever, they may be assisting clients who are facing a tax penalty for failing to enroll in qualified health insurance. Preparers will also need to educate these clients on the intricacies of the ACA, how to avoid penalties, providing the necessary documentation from insurance companies and employers, navigating the various exchanges and more. In addition, this year will involve utilizing a brand new set of tax forms that Americans will be unfamiliar with.
For over 40 years, TaxSlayer has provided its customers with advice they can trust at a great value, and by partnering with VelaPoint Insurance, this service can continue seamlessly in a post-reform world. The knowledgeable tax professionals at TaxSlayer, paired with the licensed insurance experts at VelaPoint, will provide customers with a complete and robust resource this tax season.
“By examining trends in the industry, we’ve predicted that the 2015 tax season will present new, potentially confusing issues for millions of Americans,” said Jimmy Rhodes, president of TaxSlayer. “In order to properly equip our preparer partners to meet these new demands, we wanted to partner with a resource that is fully committed to the goal of helping consumers find the right health insurance coverage and navigating health reform. Enter VelaPoint Insurance.”
Uniquely positioned to offer carrier-agnostic guidance, estimate subsidies and shop federal and individual state marketplaces, VelaPoint’s licensed insurance brokers will be on hand to provide expert advice to any preparer’s clients who have insurance-specific questions during the preparation of tax returns.
“We’re very excited to be working with the tax professionals at TaxSlayer,” said Aaron Goddard, president of VelaPoint Insurance. “We know that the two biggest challenges most Americans will be facing due to health reform are how to find the right coverage that meets the complex requirements of the ACA and feeling assured that their taxes are being filed correctly under the new guidelines. This partnership will enable TaxSlayer’s preparers to confidently meet both challenges.”
While providing the same level of service that its customers have come to expect through this challenging tax season, TaxSlayer’s preparers can also confidently recommend VelaPoint Insurance as a knowledgeable and trusted resource as the next step on the health insurance journey for millions of Americans. By working together, TaxSlayer and VelaPoint have created one of the most vigorous tools available to Americans seeking insurance and tax guidance.
TaxSlayer is an established firm with a solid reputation and over 40 years in the tax preparation business. TaxSlayer has the full expertise of a professional tax service behind it. TaxSlayer has provided professional tax software to professional tax preparers for over 20 years and focuses on providing affordable and reliable tax software offering unlimited 1040, all states and free e-file. TaxSlayer is proud to assist you in preparing and e-filing taxes professionally.
About VelaPoint Insurance, LLC
VelaPoint Insurance, located in Beaverton, OR, is one of the nation’s premier insurance brokerages. Wholly owned by National General Insurance Company, VelaPoint is redefining the way Americans elect their insurance coverage. Through its relationships with the top insurance carriers, VelaPoint has served over 1.5 million customers since the company’s founding in 2006. For more information, please visit ww.velapoint.com and follow @velapoint1.