ILLMAS Posted December 12, 2014 Report Share Posted December 12, 2014 From ATX: http://go.cchsfs.com/l/17842/2014-12-11/g3nmy Quote Link to comment Share on other sites More sharing options...
mcb39 Posted December 13, 2014 Report Share Posted December 13, 2014 The IRS speakers told us that at the seminars. 1 Quote Link to comment Share on other sites More sharing options...
Jack from Ohio Posted December 13, 2014 Report Share Posted December 13, 2014 The IRS speakers told us that at the seminars. You are absolutely correct. This information has been available, as well as training to become proficient with the new laws for over 18 months. I am dismayed and a bit concerned at the lackadaisical attitude about learning this that seems to be the normal amongst the preparer community. The laws and necessary steps to incorporate them are convoluted, confusing, sometimes contradictory and very extensive. Learning will not be a "webinar or two and I will have it." I have had 4 more hours directly concerning the ACA in the past three weeks. Two different seminars. At each one I learned even more things that all my previous training had not provided. This will truly be the "Worst Tax Season in 30 Years" for those who are going in unprepared. I believe there will need to be a separate forum for ACA related questions as I predict a massive amount of them to be asked on this site. Rant Over. 4 Quote Link to comment Share on other sites More sharing options...
Pacun Posted December 13, 2014 Report Share Posted December 13, 2014 An ACA forum might be in order. This year will be the worst so i have been taking some classes and seminars. I wonder how hard it will be to get the information from our clients. Also, not many people will be able to file before Jan 31st. So your income influx will be delayed this year if you had clients in January. Quote Link to comment Share on other sites More sharing options...
jklcpa Posted December 13, 2014 Report Share Posted December 13, 2014 One of the problems mentioned in an overview-type seminar I took recently that will be a problem of missing information is that people may know that they are exempt, or think they are, but they will not have obtained the exemption number from the marketplace for 2014. That number is required entry on the form 8965. 1 Quote Link to comment Share on other sites More sharing options...
Eric Posted December 13, 2014 Report Share Posted December 13, 2014 Anyone else think an ACA forum may be necessary, much like the software issues forum we had before? Maybe wait and see if the ACA questions start piling up? Quote Link to comment Share on other sites More sharing options...
jklcpa Posted December 14, 2014 Report Share Posted December 14, 2014 Anyone else think an ACA forum may be necessary, much like the software issues forum we had before? Maybe wait and see if the ACA questions start piling up? It might be wise to set it up now in anticipation of the numerous questions to come rather than to wait and move them later. If there isn't much in the way of activity, it could always be merged back in. 1 Quote Link to comment Share on other sites More sharing options...
Pacun Posted December 14, 2014 Report Share Posted December 14, 2014 I think we need it now to have post quesstions and solutions. I am ready to put some questions now and I know some people have the answers. I like to give credit to whomever deserves credit. If you want to get your CPE credits without learning a lot, go to www.apluscpe.com and the credits are not expensive BUT there is one course called "Affordable Care Act in the Real World" which is EXCELLENT and you should buy it. This course is a video course and it is for Tax Preparers. They have about 3 other courses regarding ACA but this one is the best and I recommend it. 3 Quote Link to comment Share on other sites More sharing options...
jklcpa Posted December 14, 2014 Report Share Posted December 14, 2014 Pacun, thanks for the recommend. I *liked* your post above, and the part below gave me a good chuckle. Yes, I know that is not what you really meant to say, it struck me funny though. ... get your CPE credits without learning a lot.... 1 Quote Link to comment Share on other sites More sharing options...
Pacun Posted December 14, 2014 Report Share Posted December 14, 2014 After reading it a second time, it is funny.... what I meant was that if you are behind in getting your credits, that website will be your best friend because it is inexpensive and the exams are not tricky which can be passed without studying the material. About 3 years ago I went to my country and on December 30 and Dec 31st, I passed several courses and I was happy that I could do that. BUT that one course about ACA in the real world is very informative and they pull out form 1040 and the new forms. 4 Quote Link to comment Share on other sites More sharing options...
Pacun Posted December 17, 2014 Report Share Posted December 17, 2014 MAS took the class and found it interesting Quote Link to comment Share on other sites More sharing options...
ILLMAS Posted December 17, 2014 Author Report Share Posted December 17, 2014 That's correct, the "Affordable Care Act in the Real World" CPE training gives you a couple of examples of people that purchased health insurance through the market place, employer provided and no health insurance (how to calculate the penalty) or how to calculate premium assistance credit PAC. Recommended if you already have the theory but want some hands on training. MAS 1 Quote Link to comment Share on other sites More sharing options...
Eric Posted December 17, 2014 Report Share Posted December 17, 2014 My immediate reaction to seeing this article on the ATX/CCH site was that the title should have read Get Ready For “The Worst Tax Season Since 2012” 6 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.