Knowledge of corporate and partnership taxation.

Course Description

The Affordable Care Act has had a major impact on small businesses. It is important for small employers to understand and comply with the new Patient Protection and Affordable Care Act. The discussion of this course centers on the 96% of the employers in America who have fewer than 50 employees. ACA and the Small Employer is a guide for how sole proprietors, partnerships/LLCs, and S Corporations are to implement the new law after years of providing health insurance in other ways and will also provide tax professionals with needed guidance to help their clients comply with the Affordable Care Act. 

This course has been updated to include the provisions of the Small Business Healthcare Reform Act (SBHRA) signed into law on December 13, 2016.


William Roos

William Roos has been in the tax business for over 37 years. His specialty is training tax preparers to produce quality tax returns. He has written numerous tax papers and produced various worksheets and preparer aids with the idea of making it easier for tax preparers to have accurate tax information available to them.

Bill writes self-study courses for Western CPE and is a tax webinar moderator for Western CPE. Bill also works with Vern Hoven and Sharon Kreider in producing the Federal Tax Update manual each year. As a result of his help during webcasts, he has established an extensive network of CPAs and EAs who use him as a resource person during the extended tax season.

Bill specializes in clergy taxation and is the church and clergy tax law consultant for the Montana Synod, Evangelical Lutheran Church in America. He’s also a financial steward coach for Luther Seminary in St. Paul, where he works with graduating seminarians by helping them negotiate their compensation packages and understand the unique clergy tax laws. He received his BA in business from the University of Minnesota, Mankato.

Course Specifics

Dec 14, 2017
Knowledge of corporate and partnership taxation.

Compliance Information

IRS Provider #: 0MYXB
IRS Course ID: 0MYXB-T-01075-16-S
IRS Federal Tax Law Credits: 3
CTEC Provider #: 2071
CTEC Course ID: 2071-CE-1039
CTEC Federal Tax Law Credits: 3
Qualifies for CA Fraud: No

Learning Objectives

Upon successful completion of this course, participants will be able to:

Chapter 1

  • List each of the rules for the self-employed health insurance deduction and explain the steps needed to properly enter this deduction on the tax return.
  • Explain the two required features that all group health insurance plans must have.

Chapter 2

  • Classify a small business into its proper entity and then explain the various health plans that can be used with that type of entity.
  • Identify steps that a client must go through in order to either change or implement a health plan in order to meet the guidance issued by the IRS.

Chapter 3

  • Cite the ground rules employers must use with each type of health insurance plan.
  • Differentiate the difference between a FSA and a HSA and when they should be used separately or can be used together.

Chapter 4

  • Identify health plans that meet the employer's goals but are consistent with the ACA market reforms.
  • Analyze all aspects of a chosen plan as to the costs, advantages and disadvantages, and administration problems it might present as per the case study in this chapter.

Chapter 5

  • Summarize the client's employee situation and determine whether he or she is eligible for the Small Business Health Care Tax Credit.
  • Identify the payroll information they will need to prepare Form 8941.

Choose Your Preferred Format

Online Access

Get immediate access to a robust collection of learning and reference materials, allowing you to dive deep into the information you need. Our self-study materials are authored by top-quality, industry experts who focus on helping you grasp concepts quickly using real-life examples. Download your CPE to any device, and take it with you so you can learn when and wherever you want. Complete your CPE with an online exam, and enjoy instant grading with the option to print your certificate immediately upon passing.

online access
Hard Copy

Our self-study materials are authored by top-quality, industry experts. You’ll receive a bound notebook of all the course materials, shipped to you within one business day. In addition, you’ll also have full online access. Each self-study package includes a robust collection of learning and reference materials to help you cover the information efficiently and put it into practice immediately.

hard copy
Self-Study Video

Experience high-quality instruction with our Self-Study Videos, available to you 24/7. With more than 80+ videos currently in the Western CPE Self-Study Video library, you can see and hear our expert instructors deliver the information you need in a dynamic way that allows you to immediately apply your learning. Unlike a live course or webcast, you can complete the course on your own time, playing and pausing as needed. Self-Study Videos allow you to complete your CPE requirements on your own time.

hard copy

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