New eBook Helps CPAs Understand Key Tax Provisions of the ACA
Zane Benefits, the #1 Online Health Benefits Solution, announced today the publication of a free eBook “The CPA's Guide to Health Care Reform”. The new eBook helps CPA's understand the key tax provisions of the Affordable Care Act (ACA), and ensure clients make the right tax decisions.
The primary shift in the role of CPA's centers on assisting business and individual clients in determining:
The size of the business based on full-time equivalent employees (FTEs) vs. annual revenue, and
The amount of tax credits and subsidies available - and whether or not that outweighs the tax penalties and costs of offering qualified group health insurance.
For example, CPA's are now required to help clients consider whether it is more valuable for them to go to a state exchange or a private insurer based on how many FTEs they have.
Additionally, CPA's are now required to help clients understand the financial and tax benefits of new health insurance solutions such as Defined Contribution Health Plans.
The new 55-page eBook is available for free download at the zanebenefits.com website and covers the following topics:
The key tax provisions of the Affordable Care Act (ACA)
How state health exchanges impact corporate and personal taxes
The different tax penalties and tax credits
How the tax credit for an individual is calculated
Why many small businesses are dropping coverage
About Zane Benefits, Inc.
Zane Benefits, Inc., a software company, helps employers, insurance brokers, and accountants take advantage of new defined contribution health benefits via its proprietary SaaS defined contribution software ("ZaneHealth"). Zane Benefits does not sell insurance. Using Zane’s platform, insurance professionals and accountants offer their clients a custom defined contribution plan. Learn more at www.zanebenefits.com.