||General knowledge in individual/business income taxation and tax favored health care plans.
| Who should attend
|| Professionals in public or private practice in need of an in-depth training on the ACA income tax provisions.
The Member rate applies to LCPA members, reciprocal state society members, and non-CPA staff of LCPA members. To register online, use the ‘Register’ button above. To register by phone, call the LCPA Member Service Center at 800.288.5272 or 504.464.1040, Monday through Friday, 8am to 5pm.
Please note the time has changed for this course. The course was originally scheduled as a re-broadcast, but due to the significant number of recent changes, it will now be broadcast live at 10:30a Central.
The already complex and confusing income tax provisions enacted by the Affordable Care Act (ACA) are constantly being updated and modified by new guidance issued by the Treasury Department and IRS. This course will concentrate on the federal income tax issues of the ACA affecting both individuals and businesses. Each participant will receive a comprehensive reference manual on the federal income tax provisions of the ACA.
Note: At the request of the author, course materials for this program cannot be printed. Please be sure to save the materials to your desktop prior to the event. Adobe Reader Version XI is a prerequisite for downloading materials.
A printed course book can be purchased for $50 (including shipping and handling). Choose the option to purchase the book when registering for the course.
Book purchase must be made five or more business days prior to the presentation date to ensure it arrives in time. The book will be shipped directly to your preferred address.
The eBook will still be accessible via “My Events” on calcpa.org.
- Recognize many of the federal income tax provisions of the ACA impacting individuals and businesses and implement them in their public or private practice.
- Identify newly enacted guidance issued by the Treasury Department and IRS impacting the ACA income tax provisions.
- Determine required employer and insurer reporting of health insurance coverage (i.e., information returns).
- IRC Sect. 5000A: Shared responsibility payment penalty (i.e., individual health insurance mandate).
- IRS Sect. 36B: Premium assistance credit.
- IRS Sect. 1411: 3.8 percent net investment income tax.
- Additional 0.9 percent Medicare tax.
- Shared responsibility excise tax penalty for large employers.
- Application of the market reform provisions to group health plans.
- Group health plan nondiscrimination requirements and integration rules.
- SIMPLE Cafeteria plans.
- Annual patient-centered outcomes research institute (PCORI) and transitional reinsurance program fees for self-insured health plans.
- Excise taxes on medical devices and high cost employer-sponsored health coverage.