- 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|
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.
Chapter 1 – Overview of PPACA Coverage Provisions
Chapter 2 – Employer Credits and Requirements
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)