Affordable Care Act: Employer Rights and Responsibilities 2022 (ebook)

  • Credits: 5
  • Format: Self-Study eBook
  • Field of Study: Federal Tax Law
  • Author/Speaker: Paul Winn
Available Formats:  
Advanced Preparation: None
Experience Level: Overview
Program Prerequisites: General Understanding of Taxation
Course ID: EWTFM-T-01917-22-S | 6233-CE-0683
Published Date: Jan 2022

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 include:
  • Chapter 1 – Overview of PPACA Coverage Provisions
  • Chapter 2 – Employer Credits 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 concerning 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
  • 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)
  • Other Tax Return Preparer (OTRP)

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