Description
EAs and Other Tax Preparers, after passing the exam you MUST click on the link “GET YOUR CERTIFICATE” to have your hours reported to the IRS.
By changing many of the rules traditionally applicable to health insurance and imposing healthcare-related requirements on virtually every individual, the Patient Protection and Affordable Care Act (PPACA) is likely to affect virtually every person in the United States in some way.
The Patient Protection and Affordable Care Act (PPACA) imposes various tax increases in order to generate revenue and uses a carrot and stick approach to ensure individuals comply with its provisions by offering tax credits for compliance and, until 2019, by imposing tax penalties for non-compliance. This course will review the principal provisions of the law affecting individuals and will consider the:
• Coverage-related provisions of the PPACA addressing –
o Plan grandfathering pursuant to which health coverage in force at the time of the law’s passage may be continued,
o The prohibition of pre-existing condition exclusions,
o The proscription of lifetime and annual benefit limits,
o The limitation of health coverage rescissions,
o The requirement for certain patient protections, and
o The requirement that plans covering children extend child coverage until age 26;
• Various personal income tax changes affecting taxpayers; and
• Tax credits authorized under the law to assist taxpayers by helping them purchase and maintain health insurance coverage.
Learning Objectives
Upon completion of this course, you should be able to:
• List the principal healthcare provisions of the PPACA affecting individuals;
• Identify those individuals who may be exempt from the individual mandate; and
• Calculate the tax credits designed to help ensure that individuals are able to purchase and maintain health insurance coverage.
To complete this course participants need to: Read the material provided and answer chapter review questions, successfully complete the qualified assessment with a minimum of 70% accuracy to receive your certificate. Clicking on the Certificate link will show the course as 100% Complete
A course evaluation form is provided for your feedback and participants have 1 year from the date of purchase/enrollment to complete this course. .
Our Refund policy can be found at: https://cpeprime.com/cancellation-and-refund/
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