What is the Additional Medicare Tax?
As a result of the Affordable Care Act (ACA), the Additional Medicare Tax was added in 2013. Additional Medicare Tax rates are 0.9 percent and apply to highly compensated workers. Individuals are liable for Additional Medicare Tax if their wages, compensation, or self-employment income (together with their spouse’s income if filing a joint return) exceed […]
Medicare and Hearing Aids
It is your responsibility to cover the full cost of your hearing aids since Medicare does not cover hearing aids or hearing health services. In addition to the type of hearing aid you select, the price of your hearing aid will depend on whether you choose to bundle it with audiology services and the cost […]