Tax Treatment of Sickness and Injury Plans ON DEMAND

Overview

Health insurance is so central to the health and well-being of people that it may be hard for many Americans to believe it could ever have been a less important factor in helping to promote good health than it is today. In fact, health insurance as it is recognized today is a relatively recent development. Since the early development of health insurance coverage, many changes have occurred in the manner in which health care services are delivered and paid for. Among those changes is the emergence of various tax-favored health plans. This course will examine many of those tax-favored health plans.

Highlights

Health insurance coverage. Personally owned health insurance. Employer-paid health insurance. Tax favored health plans. Medical savings accounts. Health savings accounts. Disability and long-term care insurance coverage. Disability income policies. Qualified long term care insurance policies.

Prerequisites

None.

Designed For

CPAs.

Objectives

Identify the tax treatment of personally owned health insurance premiums and benefits. Compare the tax treatment of personally owned health insurance premiums paid by self-employed taxpayers and taxpayers who are not self-employed. Apply the rules governing the tax treatment of employer-paid health insurance premiums and benefits, and more.

Preparation

None.

Notice

None.