CPE Scheduled Webinars

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COURSE DESCRIPTION

This course is designed to help Understand the purpose of ASU 2016-14, describe the history and changes that brought forth the publication of ASU 2016-14, and understand the effective date of ASU 2016-14. ASU 2016-14 was issued as
a result of FASB 117 and follows prior work set forth by FASB 117. Let’s back up – before FASB 117 the only guidance for NFPs was a mish-mash of several AICPA audit guides. Which caused Major differences in NFP financial reporting,
lack of comparability, the difficulty for creditors, donors, and users to fully understand NFP. This led to the creation of FASB 117.

Wait, we're talking about ASU 2016-14. Yes, there is a history as to why we are at ASU 2016-14, but to fully understand it we have to look at the history, what has changed and where we are now. this course will provide some needed
background for the folks, but more importantly, provide a solid foundation for the implementation of ASU 2016-14. Let's get started.

Who Should Attend:

• All Certified Public Accountants (CPAs)
  

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:

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COURSE DESCRIPTION

The seminar will discuss the Employee Retention Credit. It will focus on provisions set forth by The CARES Act of 2020, The Taxpayer Certainty and Disaster Relief Act 2020, The COVID-Related Tax Relieve Act of 2020 as well as The American
Rescue Plan Act of 2021. The course hopes to be a practical guide to interpreting the above Acts as well as guidance in IRS Notice 2021-20 and IRS Notice 2021-23.

Learning Objectives:

After reading the course material, you will be able to:

• Identify who is a Qualified Employer.
• Identify who are Qualified Employees.
• Discuss the qualifying factors of the Employee Retention Credit.
• Analyze the different parameters of each Act.
• Describe the procedures for claiming the Employee Retention Credit.
• Describe how to amend payroll tax returns to claim the Employee Retention Credit.

Who Should Attend:

• All Certified Public Accountants (CPAs)
• Enrolled Agents (EAs)
• Other Tax Return Preparer (OTRP)

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:

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COURSE DESCRIPTION

This course will discuss the taxation of Medical and Recreational Marijuana as well as Industrial Hemp. We will look at the limitations imposed by I.R.C. §280E and navigate through the Cost of Goods, cost allocations, and inventory.
Also discussed will be relevant Federal Case Law and some new legislative efforts affecting the industry.

This course will discuss the taxation of the Cannabis Industry and provide a general overview of relevant Internal Revenue Code (I.R.C.) sections, Chief Counsel guidance as well as pertinent Court Cases.

Topics include:

• Historical view of U.S. Taxation
• Distinguish between Industrial Hemp and Marijuana
• Review Income as defined by the I.R.C.
• Apply restrictions and limitations of §280E
• Examine the state marijuana laws
• Discuss the challenges of cash-intensive business
• Analyze Federal Court Cases

Who Should Attend:

• All Certified Public Accountants (CPAs)
• Enrolled Agents (EAs)
• Other Tax Return Preparer (OTRP)

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:

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COURSE DESCRIPTION

This course will discuss Circular 230 and preparer due diligence related to assisting taxpayers in the Cannabis industry. Federal Case Law, Board of Accountancy, and IRS Office of Professional Responsibility standards will also, be
discussed.

Who Should Attend:

• All Certified Public Accountants (CPAs)
• Enrolled Agents (EAs)
• Other Tax Return Preparer (OTRP)

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:

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COURSE DESCRIPTION

SAS 117 Compliance Audits Supersedes SAS No. 74. This is applicable to auditors engaged to perform a compliance audit in accordance with generally accepted auditing standards, standards for financial audits under Government Auditing
Standards, and a governmental audit requirement that requires an auditor to express an opinion on compliance.

Who Should Attend:

• All Certified Public Accountants (CPAs)
  

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:

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COURSE DESCRIPTION

The Yellow Book standards are used by auditors who examine the federal government, including the Government Accountability Office, various offices of Inspectors General, and others. Many local government performance auditors also use
yellow book standards. In addition, CPA firms who perform local government financial audits that include an A-133 "single audit" must follow yellow book standards.

In addition to financial audits, the Yellow Book standards cover Performance Audits, which evaluate the performance of a program or project against defined objectives, such as objectives for efficiency and effectiveness.

Who Should Attend:

• All Certified Public Accountants (CPAs)
  

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:

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COURSE DESCRIPTION

This course is designed for tax professionals who have one-person business owners, or 1099 independent contractor, clients. It will provide a detailed introduction to Self-Directed Solo 401(k) retirement plans so that you can: recognize
when a client might benefit from adopting a plan, gain solid background knowledge to answer clients’ most common questions, and learn about important information regarding applicable tax implications and filing requirements.

As your clients’ most trusted advisors, they come to you asking for ways to reduce/defer their income tax liability. Advising your clients on the strategy of implementing a retirement plan, such as a Self-Directed Solo 401(k), maybe
one of the best, cost-effective, and tax-efficient optimization strategies available for them.

Learning Objectives:

After reading the course material, you will be able to:

• Gain an understanding of the Self-Directed Solo 401(k)’s eligibility requirements, contribution limits, investment options, features, and provisions.
• Discover tax-planning opportunities that can help your clients have a tax-efficient and compliant savings strategy for today and in retirement.
• Learn the pitfalls that could result in adverse tax consequences and penalties.
• Obtain important tax filing information and learn about the reporting requirements for the plan.

Website for Hyperlinking:

www.nashionalsd.com

Who Should Attend:

• All Certified Public Accountants (CPAs)
• Enrolled Agents (EAs)
• Other Tax Return Preparer (OTRP)

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:

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COURSE DESCRIPTION

The aim is to provide guidance and rules to all members in the performance of their professional responsibilities, elevate non-authoritative standards, and broaden existing guidance. Independence Standards Board issued an exposure
draft for a new framework for auditor independence, this Includes concepts and principles in future standards. Why Now? Confusing and contradicting guidance related to independence rules and regulations makes it applicable to public
companies and their auditors, and most interpretations resulted from “firefighting”.

Who Should Attend:

• All Certified Public Accountants (CPAs)
  

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:

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COURSE DESCRIPTION

The Offer in Compromise program is available to taxpayers that have a tax debt so large that they could never pay it. In many cases, they “go off the grid”. They take jobs that pay in cash, work as subcontractors, and don’t have a
bank account. By not working “on the books” the IRS can’t garnish their paycheck or levy their self-employed income. If they have a regular job they leave and find another one as soon as the IRS garnishes their paycheck. By not
having a bank account the IRS can’t levy their bank accounts. In many instances, they also have no assets in their name that could have a Federal Tax Lien filed against it. Through this program, they can “come clean” and settle
their tax debts, reestablish their credit, and get the trauma out of their life.

Topics include:

• Effective Tax Administration
  
• Doubt as to Liability
• Doubt as to Collectability

Learning Objectives:

After reading the course material, you will be able to:

• Identify the three types of offers
  
• Determine which offer best serves your client
• Familiarize yourself with the different forms used in filing

Who Should Attend:

• All Certified Public Accountants (CPAs)
• Enrolled Agents (EAs)
• Other Tax Return Preparer (OTRP)

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:

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COURSE DESCRIPTION

This course is designed for practitioners in their first through fifth years of practice. This course provides a critical discussion of tax preparation with a theoretical and practical study of Form 1040 and certain accompanying schedules. 

Some topics are discussed more in-depth to clarify issues related to those selected topics. This course will also familiarize practitioners with Ethical dilemmas, with careful consideration of EITC Due Diligence.

Learning Objectives:

After reading the course material, you will be able to:

• Determine Preparer Rules and Responsibilities
• Be familiar with tax-specific terminology.
• Establish a taxpayer’s filing requirements and status.
• Determine who is eligible to be claimed as a dependent.
• Recognize and report different types of income and adjustments to income.
• Understand legislation passed in response to COVID-19 Pandemic affecting taxpayers.
• Compare itemized deductions and the standard deduction.
• Describe several nonrefundable and refundable income tax credits.
• Determine documents required for EITC Due Diligence.
• Understand Confidentiality, Privacy, and Disclosure Policies.

Who Should Attend:

• All Certified Public Accountants (CPAs)
• Enrolled Agents (EAs)
• Other Tax Return Preparer (OTRP)

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:

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Course Description:

The legal process of administering and distributing property (both real and personal) of a Decedent's Estate. For State purposes, it is a legal entity established at the instance of death to protect and to preserve all probate assets
until the probate assets can be distributed to the individuals or entities having a beneficial interest therein For Federal purposes, it is the total of all assets owned or controlled by a decedent valued at their highest and best
use (IRC "2031") Internal Revenue Code (Gross Estate) IRC "2033" includes in the gross estate all probate assets IRC "2034 " 2044 includes in the gross estate all non-probate assets "2034" Dower and courtesy rights "2035" Transfers
in contemplation of death (3-year rule) "2036" Gratuitous transfers with a retained right to income or control of beneficial enjoyment "2037" Gratuitous transfers conditioned on surviving the decedent "2038" Gratuitous transfers
with retained right to revoke "2039" - Annuities "2040" Jointly held property with the right of survivorship Between spouses Between non-spouses "2041" General Powers of Appointment "2042" Life Insurance the death benefit in which
the decedent is insured and possesses an incidence of ownership "2044" Assets in a trust with respect to which a QTIP election was made by the estate of a prior spouse.

Who Should Attend:

• All Certified Public Accountants (CPAs)
• Enrolled Agents (EAs)
• Tax Return Preparers (TRPs)

Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:

COURSE DESCRIPTION

Trust, Trust, Trust! It can’t be emphasized enough. This 1-hour OnDemand webinar goes to the very heart of practitioner-client relationships. We’ll discuss trust in the context of clients, scenarios, and common experiences that breathes
life into the expression “CPA, most trusted adviser”.

Learning Objectives:

After reading the course material, you will be able to:

• Recall the perception clients have of practitioners and ways we can enhance those perceptions.
• Identify various value-added services which strengthen the bonds of trust with clients.
• Recall tips CPAs can use to facilitate client transitions and obtain referrals from clients.

Who Should Attend:

• All Certified Public Accountants (CPAs)

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:

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COURSE DESCRIPTION

In this course, we will define ethics and provide you with reasons you should be encouraged to continue educating yourself to achieve the highest standards of ethical conduct as a CPA.

The course will then discuss ethical reasoning and its application to common dilemmas that you may experience.

Learning Objectives:

After reading the course material, you will be able to:

• Recognize the meaning of ethics.
• Identify steps that you can take to resolve ethical dilemmas.
• Identify the core values of the CPA profession (integrity, objectivity, and independence).

Who Should Attend:

• All Certified Public Accountants (CPAs)
• Enrolled Agents (EAs)
• Other Tax Return Preparer (OTRP)

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:

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COURSE DESCRIPTION

Every year brings new challenges. Changes in the Code – sometimes hidden in legislation with deceptive names – Court decisions affirming the value or assuring the risk in the advice we gave three years ago – Complex transactions requiring
application of old law to new circumstances – All the sort of things we cover in this advanced-level program.

Highlights include:

• Federal income tax consequences of:
• Insolvency – Code Section 108 and Bankruptcy Code
• Late elections – Regulation 301.9100-2 and 3
• Change in Accounting methods – Code Section 446 and 481
• Net Operating Loss calculation, carryovers, and limitation – Code Sections 172, and 382

Who Should Attend:

• All Certified Public Accountants (CPAs)
  

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:

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COURSE DESCRIPTION

Identity theft affects 9 million per year impacting individuals and businesses by draining accounts and damaging credit often leaving people and businesses with unpaid bills. The “Red Flags” rule was established in January 2008, requiring
businesses and organizations to implement a written Identity Theft Prevention Program. The goal is to detect warning signs “red flags” of identity theft in day-to-day operations, prevent crime, mitigate the damage inflicted through
a Proactive approach.

Who Should Attend:

• All Certified Public Accountants (CPAs)
  

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:

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COURSE DESCRIPTION

The accounts payable function is changing at a dizzying pace. What worked yesterday may not work today. Given the current economy, mounting regulatory pressures, and the increased visibility and importance of the accounts payable function,
best practices are something with which every professional needs to be conversant. Unfortunately, keeping up to speed these days can be like herding cats. While some best practices remain steadfast, others simply no longer work
and are being replaced by new practices just now appearing. The talk will include a discussion of the newest best practice every organization should implement to ensure crooks don't get their hands on money or sensitive information.
This is one session you might want to invite your colleagues in accounting, auditing, and payroll to so they implement appropriate best practices and are not bamboozled by some of the newest frauds.

The truth is that companies ignore accounts payable best practices at their peril and the impact is felt on your bottom line. It's that simple—yet some organizations continue to turn a blind eye to the leakage that occurs due to the
poor or inefficient processes in their AP operations. Don't be one of them!

Who Should Attend:

• All Certified Public Accountants (CPAs)
  

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:

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COURSE DESCRIPTION

Please join us for an introductory course on the fundamentals of preparing and filing an individual federal income tax return. We will cover topics such as what the federal income tax is and how it is computed. This course is ideal
for CPAs, CFPs, EAs, and other tax preparers.

Learning Objectives:

After reading the course material, you will be able to:

• Identify how the federal income tax differs from other types of federal taxes.
  
• Determine the steps in computing a taxpayer's federal income tax liability.
• Differentiate tax consequences for terms commonly used for the federal income tax, such as "adjusted gross income," “qualifying child,” “tax credits,” “filing status,” and “kiddie tax.”
• Recognize how an individual's standard deduction is determined.
• Explain differences in the tax for ordinary income, capital gains, and qualified dividend income.
• Discuss the difference between the cash and accrual method, and the correct period in which taxpayers must recognize income and/or deductions.
• Identify deadlines for filing income tax returns and estimated taxes and how to obtain an extension of time for filing a return.

Who Should Attend:

• All Certified Public Accountants (CPAs)
• Enrolled Agents (EAs)
• Other Tax Return Preparer (OTRP)

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:

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COURSE DESCRIPTION

What is Abuse? As soon as you hear the words “accounting abuse” how many companies or people come to mind? News stories constantly tell us of another occurrence of abuse. U.S. Chamber of Commerce estimates occupational fraud/abuse
cost over $50 billion annually. 1/3 of business failures are directly related to employee theft. 75% of all employees have stolen from their employers at least once and half of these employees have stolen repeatedly.

During this course we will discuss the different types of abuse found in businesses, and what you can do to Identify and deter employees from committing.

Who Should Attend:

• All Certified Public Accountants (CPAs)
  

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:

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COURSE DESCRIPTION

The discrepancy between pay for government employees versus the private sector occasionally rationalizes the misappropriation as compensation to make salary “equal”. A manager uncovered the fraud when his bookkeeper unexpectedly missed
a few days of work and he opened a bank statement.

While looking through canceled checks from the statement he was shocked, made a few phone calls, and ended his upbringing as a forensic accountant. What type of fraud is this? How does fraud like this occur? What actions could have
been used to stop this fraud? How could this have been detected during an audit? These are just a few of the questions we are going to look at and answer.

Who Should Attend:

• All Certified Public Accountants (CPAs)
  

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:

COURSE DESCRIPTION

It appears that there will be a multitude of tax law changes in 2021. Practitioners need to be aware of any potential changes so that they may advise their clients accordingly. Now is the time to contemplate potential changes as well
as develop strategies so that your client can successfully deal with these potential changes in the law. This course provides the practitioner with ideas to help a client “roll with the punches”!

Topics include:

• Income shifting strategies
• Installment sale strategies
• Proper use of an ESBT
• Proper use of a QSST
• Strategy changes using a Charitable Remainder Trust
• Strategy changes using a Charitable Lead Trust
• Strategy changes using a Family Limited Partnership
• Qualified Small Business Trust issues
• Portability issues
• GST issues
• Strategy changes using a GRAT
• Strategy changes using an Intentionally Defective Grantor Trust (IDGT)
• Strategy changes using a Domestic Asset Protection Trust

Learning Objectives:

After reading the course material, you will be able to:

• At the end of this course, the student will be able to both understand potential tax law changes and be able to assist a client in creating successful strategies to deal with such potential changes

Who Should Attend:

• All Certified Public Accountants (CPAs)
• Enrolled Agents (EAs)
• Other Tax Return Preparer (OTRP)

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:

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COURSE DESCRIPTION

A long, long time ago we would simply call, email, or poke our head into someone’s workspace to collaborate. Now? The options are endless, somewhat confusing, and ever-shifting. During this session, we’ll cover ways to connect, what
works well, what doesn’t, and more importantly how to maximize our communication efforts.

Learning Objectives:

After reading the course material, you will be able to:

• Recall synchronistic and asynchronistic ways of connecting remotely.
  
• Identify best practices for communicating with colleagues virtually.
• Recall the benefits of collaborative workspaces.

Who Should Attend:

• All Certified Public Accountants (CPAs)
  

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:

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COURSE DESCRIPTION

There are times when a taxpayer agrees they owe the IRS, but they simply cannot pay the balance due to their current financial situation. If the IRS agrees the taxpayer cannot pay their back taxes and their reasonable living expenses,
they may place the account in Currently Not Collectible status. In this course, we’re going to learn what currently not collectible (CNC) means, who is eligible, and what the process is to get this status.

Topics include:

• Who is Eligible
• What is the Process
• Documents to Submit
• Completed Sample Forms
• What Happens Next

Learning Objectives:

After reading the course material, you will be able to:

• Determine Eligibility.
• Identify forms required for submission.
• Familiarize yourself with the different forms used in filing.
• Provide sound advice to your clients and set expectations.

Who Should Attend:

• All Certified Public Accountants (CPAs)
• Enrolled Agents (EAs)
• Other Tax Return Preparer (OTRP)

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:

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COURSE DESCRIPTION

Workplace culture continues to rise in poll after poll as one of the most important considerations graduates look at when choosing an employer. During this session, we’ll look at culture and examine those qualities that top companies
share and ways your organization can benefit.

Learning Objectives:

After reading the course material, you will be able to:

• Recall which elements factor into a company’s attitudes, behaviors, and culture.
  
• Identify key statistics in connection with hiring and retention trends.
• Recall helpful tips that foster the development of company culture.

Who Should Attend:

• All Certified Public Accountants (CPAs)
  

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:

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COURSE DESCRIPTION

This course presents an overview of blockchain and the tax implication of cryptocurrency transactions. The IRS has provided some recent guidance, but potentially conflicting pronouncements by other regulatory agencies have created
uncertainty on reporting issues. This course will help the practitioner understand when a taxable transaction has occurred, what reports to file to satisfy IRS requirements, and identify tax traps for the unwary.

Topics include:

• Blockchain basics.
• Classification of cryptocurrency.
• IRS Notice 2014-12.
• Tax implications of airdrops, mining, hard forks, margin trading, purchasing of goods or services with cryptocurrency.
• Gift tax rules for donating, gifting, or bequeathing cryptocurrency.
• Traps for the unwary.

Learning Objectives:

After reading the course material, you will be able to:

• Discuss what constitutes blockchain and the various types of cryptocurrency it supports.
• Determine whether a cryptocurrency transaction creates a taxable event.
• Be able to identify the IRS forms needed to report cryptocurrency transactions.
• Develop a working knowledge of possible reports due to other regulatory agencies.
• Discuss the traps that cryptocurrency traders can encounter which could unexpectedly increase the trader’s tax liability.
• Become knowledgeable of current enforcement actions employed by the IRS.

Who Should Attend:

• All Certified Public Accountants (CPAs)
• Enrolled Agents (EAs)
• Tax Return Preparers (TRPs)
• This course is suitable for Corporate tax and finance executives, directors, managers and staff, CPAs, Enrolled Agents, accountants, attorneys, and business/financial advisors who work with and advise individuals or businesses
  that use or invest in cryptocurrency. All in-house and public practice professionals involved with tax compliance and planning will benefit from this timely and insightful seminar.

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:

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COURSE DESCRIPTION

This is an online course that examines tax preparer conduct standards. It addresses the issues of confidentiality, accuracy, conflict of interest, taxpayer omissions, and return of client records. The ethical rules governing these
issues are discussed. A final examination covering the course material is administered.

Who Should Attend:

• All Certified Public Accountants (CPAs)
• Enrolled Agents (EAs)
• Other Tax Return Preparer (OTRP)

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:

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COURSE DESCRIPTION

Certain entities are created for planning purposes. These entities are separate and apart from individuals or businesses. This course deals with both the planning issues for client needs (estate, financial, and asset protection) as
well as the basics of fiduciary income tax compliance

Topics include:

• Introduction Definitions
  
• The Basics of Compliance
• Subchapter J of the internal revenue code
• Compliance
• Advanced Issues

Learning Objectives:

After reading the course material, you will be able to:

• Define Estate for state purposes
  
• Define Estate for Federal Purposes
• Define Probate
• Define Executor
• Define Trusts
• State when to file form 1040
• State the tax considerations in trusts
• Identify the 1041 Tax rate schedule
• Identify the benefits of an §645 Election
• State the charitable issues
• Determine the Mechanical calculation of DNI

Who Should Attend:

• All Certified Public Accountants (CPAs)
• Enrolled Agents (EAs)
• Other Tax Return Preparer (OTRP)

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:

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COURSE DESCRIPTION

This course is designed to help Understand the purpose of ASU 2016-14, describe the history and changes that brought forth the publication of ASU 2016-14, and understand the effective date of ASU 2016-14. ASU 2016-14 was issued as
a result of FASB 117 and follows prior work set forth by FASB 117. Let’s back up – before FASB 117 the only guidance for NFPs was a mish-mash of several AICPA audit guides. Which caused Major differences in NFP financial reporting,
lack of comparability, the difficulty for creditors, donors, and users to fully understand NFP. This led to the creation of FASB 117.

Wait, we're talking about ASU 2016-14. Yes, there is a history as to why we are at ASU 2016-14, but to fully understand it we have to look at the history, what has changed and where we are now. this course will provide some needed
background for the folks, but more importantly, provide a solid foundation for the implementation of ASU 2016-14. Let's get started.

Who Should Attend:

• All Certified Public Accountants (CPAs)
  

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:

*Content Preview

COURSE DESCRIPTION

The seminar will discuss the Employee Retention Credit. It will focus on provisions set forth by The CARES Act of 2020, The Taxpayer Certainty and Disaster Relief Act 2020, The COVID-Related Tax Relieve Act of 2020 as well as The American
Rescue Plan Act of 2021. The course hopes to be a practical guide to interpreting the above Acts as well as guidance in IRS Notice 2021-20 and IRS Notice 2021-23.

Learning Objectives:

After reading the course material, you will be able to:

• Identify who is a Qualified Employer.
• Identify who are Qualified Employees.
• Discuss the qualifying factors of the Employee Retention Credit.
• Analyze the different parameters of each Act.
• Describe the procedures for claiming the Employee Retention Credit.
• Describe how to amend payroll tax returns to claim the Employee Retention Credit.

Who Should Attend:

• All Certified Public Accountants (CPAs)
• Enrolled Agents (EAs)
• Other Tax Return Preparer (OTRP)

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:

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COURSE DESCRIPTION

This is not a class on what is an IRA. As a CPA, Enrolled Agent, Attorney, or tax preparer you already know what an IRA is. Most of you think of an IRA as an Individual Retirement Account, I want you to think of it as an Individual
Retirement Arrangement. So what's the difference? You can have multiple IRA accounts in multiple locations, banks, and brokerage houses. You can have it set up as a traditional, non-deductible, or even as a Roth IRA all of which
is completely acceptable. But when we look at contributions as an example it's not a contribution to a specific account it's the total contribution to the arrangement. So why would I do all of these IRAs when I can set up a qualified
plan that allows me greater contributions. Qualified plans include full-time employees and after the Secure Act, the calculations for determining full-time employees have changed. Join us as we travel across the traps and pitfalls
to success in determining which one is the best for your unique situation.

Learning Objectives:

After reading the course material, you will be able to:

• State the difference between an IRA and a qualified Plan.
  
• Identify how much I can put into an IRA
• Identify the pitfalls of early withdrawals.
• Identify the traps of Roth Conversion.

Who Should Attend:

• All Certified Public Accountants (CPAs)
• Enrolled Agents (EAs)
• Other Tax Return Preparer (OTRP)

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:

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COURSE DESCRIPTION

This program has the information and sources of authority you need to understand complex transactions and advise your clients about what works and what does not to assure they pay what they owe, but no more, and preserve wealth for
families.

Highlights include:

• Be prepared to discuss popular tax shelters, explaining why one works and another does not. In addition to COVID 19 compliance, and understanding phase-in, phase-out limitations on high-income individuals, some planning ideas.
  What are some safe “tax shelters” often overlooked?
• Taking advantage of various opportunities for income tax deferral
• Income splitting
• Section 1202 Stock
• Cash gifts to Uniform Gift to Minors accounts
• Qualifying children for IRA accounts
• Building cash values in Life Insurance policies
• GRITS, GRATS, and CRUTS and why they are not popular right now

Who Should Attend:

• All Certified Public Accountants (CPAs)
• Enrolled Agents (EAs)
• Other Tax Return Preparer (OTRP)

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:

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COURSE DESCRIPTION

The Unexpected is just that – unexpected, but that does NOT mean you can’t prepare. Establishing an emergency fund and reviewing current insurance gaps is a small piece of the plan. Together we will look at steps you can take to help
get you through a disaster such as a hurricane, Illness, Accident, or fire. The organization is key and checking your emotions will help you proactively prepare for the next emergency.

Who Should Attend:

• All Certified Public Accountants (CPAs)
  

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:

COURSE DESCRIPTION

There is no single topic that affects accounting professionals with such ferocity as sustained overtime.  Work/life nirvana has been the goal of our profession for decades, yet we continue to face mounting hours despite countless
advances in technology.  During this course, we’ll unpack this topic, discuss the negative impact of sustained overtime and propose strategies to tame this monster.

Learning Objectives:

After reading the course material, you will be able to:

• Recall key trends and statistics associated with overtime in the accounting profession.
• Identify key attributes concerning social anxiety and work addiction.
• Recall proven strategies to reduce number of hours spent working overtime.

Who Should Attend:

• All Certified Public Accountants (CPAs)

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:

COURSE DESCRIPTION

The cost of fraud is growing rapidly and affects not just the victims but all of us. For example, fraud is responsible for 10% of all health care expenses, the cost to consumers is $75 - $130 billion each year, 13% of credit card sales
result in fraud loss, 200 million shoplifting incidents each year cost $12 billion, food stamp fraud costs $240 million each year, telephone fraud exceeds $10 billion/yr., and telemarketing scams exceed $40 billion/yr.

Who Should Attend:

• All Certified Public Accountants (CPAs)
• Enrolled Agents (EAs)
• Tax Return Preparers (TRPs)

Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:

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COURSE DESCRIPTION

What qualifies a child for a tax credit, education credit, earned income credit? This being a fairly easy question, isn't always easy to answer. Just because they live with you doesn't mean they qualify. Now we have to look at many
factors such as age, school, are the parents married or divorced, who is supporting them, are they claiming themselves, emancipated. During this course, we will look at what qualifies a child under the new TCJA and how it will
impact your tax return.

Topics include:

• Who are the children of today?
• Form 8332
• Definition of a Qualified Child
• Support Test
• Credits
• Kiddie Tax
• Gift Tax
• Working Children
• Retirement for a Child
• Health Insurance

Who Should Attend:

• All Certified Public Accountants (CPAs)
• Enrolled Agents (EAs)
• Other Tax Return Preparer (OTRP)

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:

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COURSE DESCRIPTION

This course will discuss the taxation of Medical and Recreational Marijuana as well as Industrial Hemp. We will look at the limitations imposed by I.R.C. §280E and navigate through the Cost of Goods, cost allocations, and inventory.
Also discussed will be relevant Federal Case Law and some new legislative efforts affecting the industry.

This course will discuss the taxation of the Cannabis Industry and provide a general overview of relevant Internal Revenue Code (I.R.C.) sections, Chief Counsel guidance as well as pertinent Court Cases.

Topics include:

• Historical view of U.S. Taxation
• Distinguish between Industrial Hemp and Marijuana
• Review Income as defined by the I.R.C.
• Apply restrictions and limitations of §280E
• Examine the state marijuana laws
• Discuss the challenges of cash-intensive business
• Analyze Federal Court Cases

Who Should Attend:

• All Certified Public Accountants (CPAs)
• Enrolled Agents (EAs)
• Other Tax Return Preparer (OTRP)

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:

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COURSE DESCRIPTION

This course will discuss Circular 230 and preparer due diligence related to assisting taxpayers in the Cannabis industry. Federal Case Law, Board of Accountancy, and IRS Office of Professional Responsibility standards will also, be
discussed.

Who Should Attend:

• All Certified Public Accountants (CPAs)
• Enrolled Agents (EAs)
• Other Tax Return Preparer (OTRP)

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:

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COURSE DESCRIPTION

SAS 117 Compliance Audits Supersedes SAS No. 74. This is applicable to auditors engaged to perform a compliance audit in accordance with generally accepted auditing standards, standards for financial audits under Government Auditing
Standards, and a governmental audit requirement that requires an auditor to express an opinion on compliance.

Who Should Attend:

• All Certified Public Accountants (CPAs)
  

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:

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COURSE DESCRIPTION

The Yellow Book standards are used by auditors who examine the federal government, including the Government Accountability Office, various offices of Inspectors General, and others. Many local government performance auditors also use
yellow book standards. In addition, CPA firms who perform local government financial audits that include an A-133 "single audit" must follow yellow book standards.

In addition to financial audits, the Yellow Book standards cover Performance Audits, which evaluate the performance of a program or project against defined objectives, such as objectives for efficiency and effectiveness.

Who Should Attend:

• All Certified Public Accountants (CPAs)
  

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:

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COURSE DESCRIPTION

This course is designed for tax professionals who have one-person business owners, or 1099 independent contractor, clients. It will provide a detailed introduction to Self-Directed Solo 401(k) retirement plans so that you can: recognize
when a client might benefit from adopting a plan, gain solid background knowledge to answer clients’ most common questions, and learn about important information regarding applicable tax implications and filing requirements.

As your clients’ most trusted advisors, they come to you asking for ways to reduce/defer their income tax liability. Advising your clients on the strategy of implementing a retirement plan, such as a Self-Directed Solo 401(k), maybe
one of the best, cost-effective, and tax-efficient optimization strategies available for them.

Learning Objectives:

After reading the course material, you will be able to:

• Gain an understanding of the Self-Directed Solo 401(k)’s eligibility requirements, contribution limits, investment options, features, and provisions.
• Discover tax-planning opportunities that can help your clients have a tax-efficient and compliant savings strategy for today and in retirement.
• Learn the pitfalls that could result in adverse tax consequences and penalties.
• Obtain important tax filing information and learn about the reporting requirements for the plan.

Website for Hyperlinking:

www.nashionalsd.com

Who Should Attend:

• All Certified Public Accountants (CPAs)
• Enrolled Agents (EAs)
• Other Tax Return Preparer (OTRP)

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:

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COURSE DESCRIPTION

The aim is to provide guidance and rules to all members in the performance of their professional responsibilities, elevate non-authoritative standards, and broaden existing guidance. Independence Standards Board issued an exposure
draft for a new framework for auditor independence, this Includes concepts and principles in future standards. Why Now? Confusing and contradicting guidance related to independence rules and regulations makes it applicable to public
companies and their auditors, and most interpretations resulted from “firefighting”.

Who Should Attend:

• All Certified Public Accountants (CPAs)
  

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:

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COURSE DESCRIPTION

The Offer in Compromise program is available to taxpayers that have a tax debt so large that they could never pay it. In many cases, they “go off the grid”. They take jobs that pay in cash, work as subcontractors, and don’t have a
bank account. By not working “on the books” the IRS can’t garnish their paycheck or levy their self-employed income. If they have a regular job they leave and find another one as soon as the IRS garnishes their paycheck. By not
having a bank account the IRS can’t levy their bank accounts. In many instances, they also have no assets in their name that could have a Federal Tax Lien filed against it. Through this program, they can “come clean” and settle
their tax debts, reestablish their credit, and get the trauma out of their life.

Topics include:

• Effective Tax Administration
  
• Doubt as to Liability
• Doubt as to Collectability

Learning Objectives:

After reading the course material, you will be able to:

• Identify the three types of offers
  
• Determine which offer best serves your client
• Familiarize yourself with the different forms used in filing

Who Should Attend:

• All Certified Public Accountants (CPAs)
• Enrolled Agents (EAs)
• Other Tax Return Preparer (OTRP)

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:

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COURSE DESCRIPTION

This course is designed for practitioners in their first through fifth years of practice. This course provides a critical discussion of tax preparation with a theoretical and practical study of Form 1040 and certain accompanying schedules. 

Some topics are discussed more in-depth to clarify issues related to those selected topics. This course will also familiarize practitioners with Ethical dilemmas, with careful consideration of EITC Due Diligence.

Learning Objectives:

After reading the course material, you will be able to:

• Determine Preparer Rules and Responsibilities
• Be familiar with tax-specific terminology.
• Establish a taxpayer’s filing requirements and status.
• Determine who is eligible to be claimed as a dependent.
• Recognize and report different types of income and adjustments to income.
• Understand legislation passed in response to COVID-19 Pandemic affecting taxpayers.
• Compare itemized deductions and the standard deduction.
• Describe several nonrefundable and refundable income tax credits.
• Determine documents required for EITC Due Diligence.
• Understand Confidentiality, Privacy, and Disclosure Policies.

Who Should Attend:

• All Certified Public Accountants (CPAs)
• Enrolled Agents (EAs)
• Other Tax Return Preparer (OTRP)

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:

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Course Description:

The legal process of administering and distributing property (both real and personal) of a Decedent's Estate. For State purposes, it is a legal entity established at the instance of death to protect and to preserve all probate assets
until the probate assets can be distributed to the individuals or entities having a beneficial interest therein For Federal purposes, it is the total of all assets owned or controlled by a decedent valued at their highest and best
use (IRC "2031") Internal Revenue Code (Gross Estate) IRC "2033" includes in the gross estate all probate assets IRC "2034 " 2044 includes in the gross estate all non-probate assets "2034" Dower and courtesy rights "2035" Transfers
in contemplation of death (3-year rule) "2036" Gratuitous transfers with a retained right to income or control of beneficial enjoyment "2037" Gratuitous transfers conditioned on surviving the decedent "2038" Gratuitous transfers
with retained right to revoke "2039" - Annuities "2040" Jointly held property with the right of survivorship Between spouses Between non-spouses "2041" General Powers of Appointment "2042" Life Insurance the death benefit in which
the decedent is insured and possesses an incidence of ownership "2044" Assets in a trust with respect to which a QTIP election was made by the estate of a prior spouse.

Who Should Attend:

• All Certified Public Accountants (CPAs)
• Enrolled Agents (EAs)
• Tax Return Preparers (TRPs)

Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:

COURSE DESCRIPTION

Trust, Trust, Trust! It can’t be emphasized enough. This 1-hour OnDemand webinar goes to the very heart of practitioner-client relationships. We’ll discuss trust in the context of clients, scenarios, and common experiences that breathes
life into the expression “CPA, most trusted adviser”.

Learning Objectives:

After reading the course material, you will be able to:

• Recall the perception clients have of practitioners and ways we can enhance those perceptions.
• Identify various value-added services which strengthen the bonds of trust with clients.
• Recall tips CPAs can use to facilitate client transitions and obtain referrals from clients.

Who Should Attend:

• All Certified Public Accountants (CPAs)

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s: