2 Day Virtual Federal Tax Update Individual & Business 2021

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Seminar is 8:00am to 4:00pm
Virtual Seminar
Speaker(s): Art Werner

Join Art Werner in a virtual Seminar as he presents you with this year's Business Federal Tax Update.

  • 7:30 am Sign-in begins / Speaker begins at 8:00 am.
  • 10:00 - 10:10 am: Ten-minute mid-morning break
  • 12:00 - 1:00 pm: One-hour lunch break (on your own)
  • 2:20 - 2:30 pm: Ten-minute mid-afternoon break
  • 4:00 pm: Lecture ends
  • You will have the opportunity to ask questions throughout the seminar. After the seminar, Art will continue to take questions and answers just in case you missed an opportunity during the seminar.

DAY ONE - Individual (credits: 8)

Individual Federal Tax Update Course Description
  • Prerequisites: Experience in preparing individual tax returns.
  • NASBA Category: Taxes
  • Delivery Method: Live Seminar / Group Internet Based (GIB)
  • Instructor: Art Werner
  • Advanced Preparation: None
  • CPE Credits: 8
  • Level: Update
Course Description:

This course is essential for the tax practitioner who wants to update their knowledge of individual income taxation. This course will provide a comprehensive review of Form 1040 and schedules A-F, SE, 2106, 1099, and 1098 complexities, including, updates of tax legislation and planning strategies to better assist your clients. Your hearing the rumors, we're seeing the changes in tax law. Yes, taxes are going up, what does this mean to your client? How can you better prepare your client next year? When filing what strategies can I take advantage of for my client? You have the questions, Art has answers for you. An update is an update, this class will give you much much more.

Learning Objectives:

To provide participants with both an update and instructions so that the participants will have the necessary knowledge to complete IRS Form 1040 for the tax season, and be able to offer tax planning strategies to their clients.

Highlights:
  • Review of essential IRC Sections
  • Review of new legislation
  • New credits, deductions, and tax relief
  • Alternative Minimum Tax issues
  • Individual retirement plan issues
  • Review of COVID Bills, Secure Act, and their impact
  • Required minimum distributions
  • Income and exclusions from cancellation of debt
  • Reporting foreclosures or repossessions of residences and other real estates

DAY TWO (Business)

Business Federal Tax Update Course Description

  • Prerequisites: Experience preparing tax returns.
  • NASBA Category: Taxes
  • Delivery Method: Live Seminar / Group Internet Based (GIB)
  • Instructor: Art Werner
  • Advanced Preparation: None
  • CPE Credits: 8
  • Level: Update
Course Description:

This year has already seen some changes in tax law and is going to see a lot more. This course is will be essential for the tax practitioner who wants to update their knowledge of business income taxation. This course will provide a comprehensive review of business income tax complexities, including updates of tax legislation and planning strategies to better assist your clients. We will look at all the changes made over the year and there is no doubt business taxes are going up this year, you will need this course for next year's tax preparations and planning ideas.

Learning Objectives:

To provide participants with both an update and instructions so that the participants will have the necessary knowledge to complete IRS Form 1041, 706, 1065, 1120, 1125 A, and 1125 E (business issues) and various business income tax returns for the tax season.

Highlights:
  • Review of essential IRC Sections
  • Review of new legislation
  • Schedule C and Schedule F issues
  • Schedule E Issues
  • Partnership issues
  • Corporation issues
  • LLC issues
  • Qualified retirement plan issues
  • IRC 280
  • 199A Pass-Through broken down
  • Business Affordable Care Act (“Obamacare / potential Bidencare”) issues

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

NASBA
IRS
CTEC