Author: Vern Hoven

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.

You can view the on-demand webcast at your own pace (using fast forward and rewind controls). In addition, supporting materials are available for download. You can view the program at any time and as often as you like. You have access to the recording for one year from date of purchase.

Designed For
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
On-demand webcast

Instructional Method
Self-Study

NASBA Field of Study
Taxes (4 hours)

Program Prerequisites
None

Advance Preparation
None