Health Care Reform - 2014  

8 CPE Credits | Taxes | Basic | 1 day | $199-$219
This new eight-hour course provides comprehensive coverage of the Affordable Care Act otherwise known as Obamacare. We will examine what this new law means to you and your clients, and you will be provided with information that will enable you to proactively serve your clients and attract new business.

TOPICS INCLUDE:

Exchanges (Marketplace)
• What they are and how they work
• Platinum, Gold, Silver and Bronze plans
• What is the difference between state and federally run exchanges?
• Essential benefits
• Minimal essential coverage
• Review of the application

Grandfathered Plans
• Can you keep yours?

Self-Insured Plans
• Why small businesses may want one

Employers
• What all small employers need to know
• Traps small employers need to avoid
• Options for small employers
• DOL filing requirements
• How can employees be rewarded for healthy behaviors?
• Should my business clients renew their policies before January 1, 2014?
• Health care credit: what's new for 2014

Employer Mandate
• What employers are subject to the penalty?
• What is a large employer?
• What are the two penalties and when do they become effective?
• How are the penalties calculated?
• What are strategies to avoid the penalties?
• What is the importance of a skinny plan?
• How are the penalties paid and reported?
• How are employee hours measured?
• What are the options for measuring an employee's hours?
• Controlled groups, leased workers and independent contractors

The 0.9% Additional Medicare Tax
• Who has to pay it?
• How can you avoid it?
• How is it calculated?
• How is it reported?
• How is it paid?
• When must an employer withhold?
• What income is excluded?

The 3.8% Net Investment Income Tax
• Who is subject to this tax?
• How is it calculated?
• How do you avoid it?
• What deductions are allowed?
• What interest is not subject to the tax?
• How are passive activities impacted?
• What are the exceptions to the rule regarding rentals as passive?
• What does this mean for self-rentals?
• What does this mean for grouping elections?
• What must a real estate professional do to avoid the tax?
• How are active and passive S corp owners and partners impacted?
• What gains are subject to the tax?
• What special reporting is required for active pass-through owners?
• What income is exempt from both Medicare taxes?

The Individual Mandate
• How is it calculated?
• Who must pay it?
• Who is exempt?
• The short coverage gap period
• What is adjusted household income?
• How are undocumented workers treated?

Premium Assistance Credit
• What is the big surprise?
• Who qualifies?
• How is the calculation made?
• How is the credit paid?
• What is household income?

Other
• What your individual clients need to know
• What your business clients need to know
• What is the spousal trap?
• Various tax provisions
• What forms need to be filed
• What union workers need to know

Employers
• What must even small employers file/report this year?
• How does the 2.3% device tax impact you and your clients?