ACA - Reporting (Form 1095-C): A Review and What is New as the Deadline looms

Date: Wednesday, November 30, 2016
Time: 12:00 PM ET / 11:00 AM CT / 10:00 AM MT / 09:00 AM PT [Prevailing Time]
Presenter(s): Timothy Goodman, Partner, Dorsey & Whitney LLP and Rebecca Smith, Tax Director, CliftonLarsonAllen LLP
Learning Objectives:
In 2015 employers need to prepare for new IRS reporting and the Supreme Court will rule in another case. This session will look at developments and deadlines to provide an overview of the current state of the ACA and potential risks.
Field of Study: Business Law
Program Level: Basic
CPE Credit: 1 Credit Hour
Delivery Method: Group Internet-based
Prerequisite(s): No advanced preparation or prerequisites are required for this course.
IMPORTANT NOTE:
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Course Description

This one-hour session is designed to help familiarize attendees in ACA compliance and the challenges that companies are facing.

Presenter and Moderator Bios
Tim Goodman's practice focuses on assisting employers with executive compensation,
health insurance, and employee benefit plans. Tim assists a broad array of employers, with a special focus on assisting cooperatives, agribusiness companies and tax-exempt organizations (primarily hospitals and health care entities). This includes assisting employers on health care reform, wellness plans, and other welfare issues and welfare plan matters (including cafeteria, dependent care, education assistance, health FSAs, HRAs, HSAs, parking, and tuition plans), and severance. With respect to health care reform, Tim advises employers on the new fees imposed on employer health plans (the patient-centered outcomes research (PCOR) fee, the transition reinsurance fee, and the employer shared responsibility (play or pay) fee); and the requirements ranging from coverage of adult children and the summary of benefits coverage to essential health benefits.

Rebecca Smith has an extensive background providing tax planning and compliance for privately held companies, serving primarily cooperatives and the agribusiness industry as well as manufacturers. She has worked directly with clients on federal and state strategic tax planning, ASC740 calculations, FIN48 compliance, and provided representation before the IRS and other state taxing authorities. Rebecca has also assisted with private letter rulings for cooperatives regarding the Section 199 Manufacturing Deduction and has assisted clients understanding the Affordable Care Act and how it impacts their business. Rebecca has more than 16 years of tax experience in public accounting and has held various tax leadership roles throughout her career. Rebecca has spoken to various local and national organizations on technical tax topics such as the Affordable Care Act, tax planning, and various state tax matters.

Cost
$56.00 for NSAC Members / $70.00 for Non-Members

Delivery System

  • All programs are delivered using the Zoom platform.
  • Confirmations will include log-in instructions.
  • Participants are able to participate using any device with an Internet connect (if the device does not have speakers, the participant can also dial-in) or they can participate with audio only by dialing in.
  • All registrants will receive a link to the CLN’s recording by email within 48 business hours of event’s conclusion.
  • There will be assistance available to help with technical and connectivity issues up to 10 minutes prior to the start of the presentation.

Registration

All registration is done on-line and each guest must provide their name and email address to participate. All NSAC members may register for free. Non-members may register for a nominal fee.

Refund Policy

NSAC will not issue refunds for CLNs. If a registrant is unable to participate in the CLN and provides notification to info@nsacoop.org 48 hours prior to the session, a credit will be provided for a future CLN. Alert the NSAC staff member monitoring the CLN if technical difficulties are encountered and technical support will be provided to eliminate problems with future CLNs.

Additional Information

Live participation is required for CPE credit and polling questions must be answered to document your active participation. All registrants will receive an email following the session with links to the slides and/or handouts, and a link to the CLN recording (unless otherwise stated). If you are unable to participate in the live session, you can still watch the recorded session, but you will not be eligible for CPE credits. Those eligible for credits will receive their certificate by email with 7 business days.

For more information regarding NSAC CLNs or administrative policies such as complaint and refund, contact the NSAC Headquarters, 7946 Clyo Road, Suite A, Centerville, OH 45459, 937-222-6707, or info@nsacoop.org.