Tax Treatment of Sickness and Injury Plans

Tax Treatment of Sickness and Injury Plans is an online course that addresses the tax treatment of plans designed to provide benefits upon the sickness or injury of a taxpayer. It examines the tax treatment of contributions to and benefits received under, health insurance, health savings accounts (HSAs), Archer medical savings accounts (MSAs), health reimbursement arrangements (HRAs), disability insurance and long-term care insurance. Revision Date: June 2017
$45.00
Prerequisites

Prerequisites are not necessary to participate in this course and no advance preparation is needed.

Course Description

Tax Treatment of Sickness and Injury Plans is an online course that addresses the tax treatment of plans designed to provide benefits upon the sickness or injury of a taxpayer. It examines the tax treatment of contributions to and benefits received under, health insurance, health savings accounts (HSAs), Archer medical savings accounts (MSAs), health reimbursement arrangements (HRAs), disability insurance and long-term care insurance.

Upon completion of this course, you should be able to:

  •          Identify the tax treatment of premiums for and benefits from health insurance policies;
  •          Apply the rules governing health savings accounts and Archer medical savings accounts;
  •          Recognize the tax treatment of health reimbursement accounts;
  •          Compare the tax treatment of employer-paid and individually-paid disability income insurance policies;
  •          Apply the tax rules governing business-related disability coverage; and
  •          Identify the tax treatment of long term care insurance.
Affiliation* CPE Awarded Delivery Method Field of Study Course ID Sponsor ID
CPE Facts
NASBA 3 Self-Study Taxes N/A 103137
CTEC 3 Self-Study Federal Tax Law 3038-CE-0167 3038
IRS 3 Self-Study Federal Tax Law FQTGU-T-00235-18-S FQTGU
Texas State Board of Accountancy 3 Self-Study Taxes 100196 002921
Pennsylvania State Board of Public Accountancy 1.5 Self-Study (Non-Interactive) Taxes N/A

* Individuals with other professional credentials should check with their state licensing board or accrediting organization to determine if this program meets their continuing education requirements.

Affilliation

 

Drake Software is an IRS-qualified sponsor of continuing professional education.

 
 

Drake Software is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website, www.learningmarket.org

Drake Software has been approved by the California Tax Education Council to offer Tax Treatment of Sickness & Injury,
CTEC #3038-CE-0167, which provides 3 hours of federal credit and 0 hours of state credit towards the annual continuing education requirement imposed by the State of California. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA 95812-2890, at (877) 850-2832, or at www.ctec.org.

 

Drake Software is registered with the Texas State Board of Public Accountancy as a CPE sponsor. This registration does not constitute an endorsement by the Board as to the quality of our CPE program.

Course Policies

Send cancellation requests to Support@DrakeCPE.com. Requests must be made within 30 days of purchasing the course. To be granted a full refund, you must not have completed and earned continuing education for the course. No refunds will be issued after the course expiration date. For more information regarding the refund policy or to address concerns or complaints regarding courses, contact the DrakeCPE support team at Support@DrakeCPE.com.

Other Details
Last Revision June 2017
Course Expiration The CPE portion of this course expires one year from date of purchase