Tuesdays With Morey - Tax Tips®

In this episode, Morey and Macarena discuss Obamacare, FACTA and the importance of financial planning. Many insurance companies in the U.S. are refusing to foot the bill for the millions of unemployed and impoverished citizens who are currently under Obamacare coverage. They have decided to allow the government to bear the burden by way of increasing taxes. Penalties by the IRS are making this a damned if you do and damned if you don’t vicious cycle. The only way you can be prepared for the upcoming changes is to allow the professionals at Glazer Financial to take the reigns of your financial future.   Key Takeaways: [0:55] Visitors to foreign countries are finding it increasingly difficult to retrieve their money from the U.S. [3:05] Obamacare doesn’t really offer the impoverished proper insurance and it affects income tax. [6:37] The U.S. government will fine business owners who don’t supply health insurance to employees. [8:46] The political parties are considering a single pay system. [11:05] Insurance co