Affordable Care Act in the Real World

Study Level: Basic
Delivery Method: Online self-study
Provider of Record: APlusCPE, a service of WebCE
Field of Study: Taxes
Number of CE Hours: 4
Prerequisite: None

Course Description:

This course is enhanced with video.

This video-based course, presented by well-known author and presenter Larry Gray CPA, provides a comprehensive overview of the issues surrounding the implementation of the Affordable Care Act and its impact on individual taxpayers during the filing season. Supported by numerous examples and draft copies of new reporting forms, topics include:
  • Premium Assistance Credit
  • Shared Responsibility Provision
  • Exemptions
  • Information Reporting
Learning Objectives:

After completing this course students will be able to:
  • Identify taxpayers who are liable for the Net Investment Income Tax and Additional Medicare Tax;
  • Identify taxpayers who are eligible for Premium Assistance Credit;
  • Given different taxpayer scenarios, determine whether a shared responsibility payment  is due and correctly calculate the amount; 
  • Identify taxpayers who may be eligible for statutory or hardship exemptions from the insurance coverage mandate; and 
  • Identify the information reporting forms that are issued to taxpayers as evidence of their health insurance coverage.