Affordable Care Act—Employer Mandate

Overview

The Patient Protection and Affordable Care Act (PPACA) has brought about the most significant change in healthcare since the passage of the 1965 legislation that authorized Medicare. It imposes healthcare-related requirements on health plans, health insurers and employers.

Eligible small employers may receive tax credits for providing health insurance coverage to their employees, and large employers may find themselves subject to tax penalties for failing to provide such employee coverage. This course will review the principal coverage provisions of the law and will examine its tax impact on employers.

Learning Objectives

Upon completion of this course, students should be able to:

  • recognize the principal coverage provisions of the ACA affecting employers
  • recognize the shared responsibility requirements for applicable large employers with respect to employee healthcare coverage
  • compute the potential employer tax penalties for a large employer’s failure to meet the shared responsibility requirements
  • calculate the tax credits for which a small employer may be eligible for providing employee health insurance coverage

Tax Year: 2022

Designed For

CPAs, EAs, and other tax professionals

Advanced Preparation

None

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License or Certification

Regulator

Type