Course Information
Course No:
9521219
Course Name:
Healthcare Reform: The Affordable Care Act Tax Provisions
Field of Study:
Taxation
Course Description:
TThe landmark legislation known as the Patient Protection and Affordable Care Act (PPACA), signed
into law in 2010, is likely to affect virtually every person and institution in the United States in some way. It imposes
healthcare-related requirements on health plans, health insurers, employers and individuals.
In addition to imposing various tax increases to increase revenue, the PPACA uses a carrot and stick approach to ensure
compliance with its provisions, offering tax credits for compliance and imposing tax penalties for non-compliance. This
course will review the principal provisions of the law and will examine its tax impact on individuals and businesses.
Learning Objectives:
After completing this course you will be able to:
- List the principal healthcare provisions of the PPACA;
- Identify the tax credits for which small businesses may be eligible when sponsoring employee health plans;
- Recognize the shared responsibility requirements for applicable employers regarding employee health coverage;
- Compute the tax penalties imposed under the PPACA for an employer’s failure to meet the applicable shared responsibility requirements; and
- Calculate the tax credits and tax penalties designed to help ensure that individuals meet the requirement to maintain minimum essential coverage.
Course Material:
Online Material
Program Level:
Overview
Prerequisites:
General understanding of federal income taxation.
Advance Preparation:
None
Type of Delivery Method:
QAS Self Study
Recommended CPE Credits:
4
Final examination expiration date:
The program participant will have one year from the date of purchase to complete the course and final examination.
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