Affordable Care Act: Employer Rights and Responsibilities

  • Credits: 4
  • Format: Self-Study eBook
  • Field of Study: Federal Tax Law
  • Author/Speaker: Paul J. Winn, CLU, ChFC
Course ID: Advanced Preparation: Experience Level:
EWTFM-T-01681-21-S | 6233-CE-0411 None Overview
Published Date: Program Prerequisites: Other Course Formats:
© April 2021 General Understanding of Taxes Self-Study eBook
COURSE DESCRIPTION:

The Patient Protection and Affordable Care Act (PPACA) has brought about the most significant change in healthcare since the passage of the 1965 legislation that authorized Medicare. It imposes healthcare-related requirements on health plans, health insurers, and employers.

Eligible small employers may receive tax credits for providing health insurance coverage to their employees, and large employers may find themselves subject to tax penalties for failing to provide such employee coverage. This course will review the principal coverage provisions of the law and will examine its tax impact on employers.

Topics Covered:

Chapter 1 – Overview of PPACA Coverage Provisions

Chapter 2 – Employer Credits and Requirements

Learning Objectives:

After reading the course material, you will be able to:

  • List the principal coverage provisions of the PPACA;
  • Recognize the shared responsibility requirements for applicable employers with respect to employee health coverage;
  • Compute the potential tax penalties that may be imposed under the PPACA for an employer’s failure to meet the applicable shared responsibility requirements; and
  • Calculate the tax credits for which a small employer may be eligible for providing employee health insurance coverage.

Who Should Attend:
  • All Certified Public Accountants (CPAs)
  • Enrolled Agents (EAs)
  • Tax Return Preparers (TRPs)

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:
NASBA
IRS
CTEC