Individual and business clients often go to tax practitioners for questions about health insurance issues and changes. This course explores the rules regarding when and what kind of health insurance large employers must offer, as well as optional small-business employer choices for offering insurance. Further, the program includes a discussion of pass-through entities providing health insurance to owners and employees.
BENEFITS
- Advise individual and business clients on matters related to health insurance
HIGHLIGHTS
- What penalties apply for not offering ACA compliant medical coverage
- How employers can offer guidance to employees about their options
- At what size a company is required to offer ACA compliant medical coverage
- Tax compliance associated with pass-through entities providing health insurance to owners
- When an individual should enroll in Medicare
- How the QSEHRA option compares to the newer HRA options
- HSA and FSA compliance and expansion of availability
- What’s new in health reimbursement arrangements (HRAs)
- The ongoing modifications in healthcare coverage to adapt to COVID-19 claims
PREREQUISITES
Basic familiarity with individual income tax rules