What Tax Practitioners Need to Know About Medicare Webcast [MEDC]

Sep 17, 2021
Time: 12:30pm - 2:15pm



Credit Hours:



Member: $75.00
Non-member: $112.50

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Discussion Leader:

Susan Smith, CPA    more info

Susan Smith manages her own firm specializing in tax planning for individuals and business owners and is also a frequent speaker at tax conferences. Smith was a Senior Manager in the tax departments of Price Waterhouse and Peat Marwick (the predecessor of KPMG). While at Price Waterhouse, she also held the national specialist designation for the real estate and partnership tax practices. During her time at Peat Marwick, Smith led the real estate and tax practices locally. She was an associate adjunct professor at Widener University in the master’s taxation program. Her ratings have consistently exceeded 4.8 on a scale of 5.0. Smith is a four-time recipient of the James L. McCoy Discussion Leader of the Year Award for excellence in teaching. And in 2015, 2016, and 2018, she received the Surgent Outstanding Discussion Leader Award because of her consistently high evaluations for knowledge and presentation skills. Smith earned her Bachelor of Business Administration degree with an accounting concentration, from the University of Toledo.

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Website registration for this course closes on September 16, 2021. To register after this date please contact the society at akcpa@ak.net or 907-562-4334.

Full Description

What Tax Practitioners Need to Know About Medicare Webcast (MEDC)

September 17th, 2021

When the first cohort of Baby Boomers turned age 65 several years ago, tax advisors began to be bombarded with 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.

Major Topics Covered:
-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 Acts impact on Medicare
-Current and late breaking legislative and regulatory developments

Learning Objectives:
-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

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

CPE Credits: 2, Taxation

Level of Knowledge: Basic

Prerequisite: An understanding of the tax rules relating to individual income tax.

Acronym: MEDC

Discussion Leader: Susan Smith, CPA