Show navigation

Available in:

OnDemand Webinar
Audio & Reference Manual
MP3 Download

New COBRA Audit Guidelines

Are you prepared for a COBRA audit? The Consolidated Ombibus Budget Reconciliation Act of 1985 (COBRA) requires employers' group health plans provide certain employees and their family members the right to temporarily continue health coverage under the plan at group rates. This topic will help you comply with COBRA by understanding which of your employees are eligible for COBRA rights ('qualified beneficiaries'), when they become eligible for COBRA ('qualifying events') and what happens if an employee elects COBRA continuation coverage. Further, in March 2012, the IRS released a publication titled 'Audit Techniques and Tax Law to Examine COBRA Cases.' This publication signifies increased audit activity on COBRA compliance. This information will also help you identify and prepare for the areas of focus in an IRS COBRA audit. The topic will help you prepare for an IRS COBRA audit by explaining what you should be doing to comply with COBRA, how to respond to an auditor's document request, and what to expect if the auditor asks to interview you. This information is critical for employers to properly prepare for an IRS COBRA audit and avoid the significant penalties that may apply.


Runtime: 89 minutes
Purchase Options

More Program Information

Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

History of COBRA and Oversight Agencies

  • Consolidated Omnibus Budget Reconciliation Act of 1985

- Purpose of COBRA

- Qualified Beneficiaries

- Qualifying Events

- COBRA Continuation Coverage

- Notices

- Payments and Premiums

  • Internal Revenue Code and Internal Revenue Service
  • Employee Retirement Income Security Act (ERISA)
  • Public Health Service Act

IRS Audit Techniques and Law to Examine COBRA Cases

  • Initial IRS Screening of COBRA Cases
  • IRS Examiner's Documentation Request
  • Personnel Records
  • Auditor's Interview
  • IRS Penalties

- Liable Persons

- Maximum Penalty

- Minimum Penalty

- Special Rules

  • IRS Correction
  • Self-Reporting Requirement

Recommendations for Employers

Purchase Options

More Program Information

Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Webinar

This course was last revised on November 28, 2017.

Call 1-866-352-9540 for further credit information.

  • SHRM 1.25
     
  • Lorman Education Services is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for 1.25 PDC(s) for the SHRM-CP or SHRM-SCP. Please note: This program is considered self-paced. There is a 30 PDC maximum for self-paced programs. For more information about certification or recertification, please visit www.shrmcertification.org.
     

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Audio & Reference Manual

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

MP3 Download

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Purchase Options

More Program Information

Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Matthew R. Zischke

Matthew R. Zischke

Dykema Gossett PLLC

  • Attorney in Dykema Gossett PLLC’s Bloomfield Hills, Michigan office
  • Primary focus on providing employee benefit advice to publicly owned, nonprofit, private, and governmental employers
  • Focuses practice on providing ERISA, IRC, DOL, PPACA, COBRA and HIPAA compliance advice regarding pension plans, 401(k) plans, 403(b) plans, ESOP plans and other retirement and welfare plans
  • Has experience with representing clients before the IRS with respect to qualified retirement plan Voluntary and Self Compliance Programs, Letter of Determination Applications, and Private Letter Ruling Requests
  • Prior to joining Dykema, he provided advice to multiemployer defined benefit, defined contribution, insurance and welfare, supplemental unemployment, apprenticeship and retiree fringe benefit funds
  • Prior to attending law school, he worked for several years in the management of union and nonunion production facilities
  • Licensed to practice in Michigan and in the U.S. District Court for the Eastern District of Michigan. He is a member of the American Bar Association, Michigan Bar Association, Oakland County Bar Association, International Foundation of Employee Benefit Plans, and the Detroit Economic Club
  • J.D. degree, University of Detroit Mercy School of Law; M.B.A. and undergraduate degrees, Central Michigan University
  • Can be contacted at 248-203-0715 or [email protected]
Purchase Options

More Program Information

Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • Live Webinars
  • OnDemand Webinars
  • MP3 Downloads
  • Course Manuals
  • Audio Recordings*
  • Executive Reports
  • White Papers and Articles
  • Sponsored Live Webinars

Additional benefits include:

  • State Specific Credit Tracker
  • Members Only Newsletter
  • All-Access Pass Course Concierge

* For audio recordings you only pay shipping

Questions? Call 877-296-2169 to speak with a real person.

Sign Up Today
With This Course

Access to all training products for one year
$699/year

Unlimited Lorman Training

With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!

Easy Registrations

Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.

Invest in Yourself

You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.

Product ID: 400708
Published 2017
Purchase Options

Available in Multiple Formats

Purchase this course and learn on your schedule!