Surgent's What Tax Practitioners Need to Know About Medicare

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:

• 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
  
• Current and late breaking legislative and regulatory developments

Level: Basic

Instructor: Mike Tucker, Ph.D., LL.M., J.D., CPA

CPE Credits: 2

Area of Study: Taxes (2)

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