Health Care Reform: Patient Protection & Affordable Care Act

Health Care Reform: Patient Protection & Affordable Care Act(Completed)

Date: Tuesday, May 25, 2010
Instructor: Vern Hoven

Begin Time:

12:00 pm Pacific Time
1:00 pm Mountain Time
2:00 pm Central Time
3:00 pm Eastern Time

CPE Credit:

3 hours for CPAs
3 hours Federal Tax Related for EAs and RTRPs

IMPORTANT NOTE: There is no teleconference (call in) option for this webcast. You will listen to the audio through your computer.

To improve your VOIP audio quality, we recommend using a headset since it will perform better with low audio settings. Make sure you close all of your applications, browser windows, e-mail applications, instant messaging programs such as Yahoo IM, MSN Messenger and Skype. These programs use Internet bandwidth and may affect your audio quality.

The Patient Protection and Affordable Care Act (P.L. 111 148), signed by the President on March 23, 2010, as amended by the Health Care and Education Reconciliation Act of 2010 (P.L. 111 152) and signed by the President on March 30, 2010, will implement fundamental health care reforms and require most of the 32 million uninsured individuals to obtain health care coverage or pay penalties. PPACA contains over $400 billion in revenue raisers and new taxes on employers and individuals.

Don't miss this live webcast featuring top national tax instructor Vern Hoven discussing the individual and business provisions covered by this Act and their effective dates.

Note: Program expanded to 3 CPE hours!

Who Should Attend
CPAs, enrolled agents, other tax professionals.

Topics Covered

Individual Provisions
Expansion Of Adoption Credit And Adoption Assistance Programs
Medical Benefits For Children Under 27
Additional Medicare Tax On Wages And Self-Employment Income For High Income Taxpayers
Penalty For Failing To Carry Health Insurance
Health Insurance Premium Assistance Refundable Credit
Establishment Of Health Insurance Exchanges
Procedures For Determining Eligibility For Exchange Participation, Tax Credits, And Cost Sharing Reductions
Contents Of Essential Health Benefits Package and Grandfathered Plans
Small Employer Health Insurance Credit
Simple Cafeteria Plans and Health Flexible Spending Accounts
Other Miscellaneous Provisions

Learning Objectives

Understand how this the Patient Protection and Affordable Care Act provisions will affect your clients.

Level
Update

Format
Live webcast

Instructional Method
Group: Internet-based

NASBA Field of Study
Taxes (3 hours)

Program Prerequisites
None

Advance Preparation
None