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Tuesday, September 26, 2023 Live Webcast

What Tax Practitioners Need to Know About Medicare (E2309112)

11:00 AM - 12:40 PM EDT

Registration: 10:30 AM EDT

webcast

Vendor Platform

2 CPE Credits in TX

OVERVIEW

Tax advisors often receive questions concerning all facets of Medicare. How does Medicare work? How do I apply? How much does it cost? Is Medicare optional or required? This program provides a basic introduction to the Medicare program and covers many of the areas of the Medicare program that clients are most interested in. If you, or some of your clients, have questions relating to Medicare, this program is a must for you.

This course features a live instructor and has been specifically designed for the NJCPA.

DESIGNED FOR

Tax practitioners who currently advise or who anticipate advising clients with respect to Medicare enrollment and/or Medicare coverage issues

BENEFITS

  • Understand who is eligible for Medicare
  • Determine whether an individual will have to pay a surtax for Medicare Part B and Part D coverage
  • Ascertain whether private or spousal insurance options are preferable to Medicare

HIGHLIGHTS

  • Eligibility for Medicare
  • How to apply for Medicare
  • Introduction to Parts A, B, C, and D of Medicare
  • Payments for Parts B and D of Medicare: the higher costs imposed on higher income beneficiaries
  • Late enrollment penalties
  • Medicare Advantage in lieu of original Medicare
  • The Affordable Care Act’s impact on Medicare
  • Legislative and regulatory developments

COURSE LEVEL

Basic

PREREQUISITES

An understanding of the tax rules relating to individual income tax

ADVANCE PREPARATION

None

INSTRUCTOR

Arthur Auerbach

Arthur Auerbach, CPA, CGMA
(4.6)

Arthur Auerbach, CPA, CGMA is an independent tax consultant located in Atlanta, Georgia, specializing in tax consulting and estate and financial planning for individuals and closely held businesses. He is affiliated with the Asbury Law Firm as a team member and special consultant. He is a member of the Georgia, Virginia, New York, and Greater Washington CPA societies and licensed in each jurisdiction. Art was appointed to the AICPA Tax Executive Committee for a three-year term in 2018. In May 2021, Art was appointed to be a member of the AICPA Tax Practice and Procedure Committee, and in 2024, he became the vice-chair of the committee. He is scheduled to be the Chair effective May 2025. He is a life member of the American Institute of CPAs. He serves on the Georgia Department of Revenue Commissioners Advisory Group, the Financial Literacy Task Force, and Leadership Council, in addition to being the immediate Past Chair of the GSCPA Federal State Tax Task Force. He is also a former member of the Virginia Society’s Tax Committee. He has served as an advisor to the District of Columbia Office of Tax and Revenue and the Tax Commissioners Advisory group in Virginia. Art is a nationally recognized speaker on a variety of tax topics offered for continuing education for CPAs and financial planners. He has authored several publications and articles.