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Federal Tax | Tax Planning Courses

$39.00 each Add to cart

Accounting for Income Taxes

  • Credits: 2
  • Format: OnDemand Webinar
  • Field of Study: Federal Tax Update
  • Author: Sam Monastra
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Available Formats:
Advanced Preparation:None
Experience Level:Overview
Program Prerequisites:General Understanding of Taxation
Course ID:EWTFM-U-02130-23-O | 6233-CE-0843 | SM-107.23-OD
Published Date:Aired Date: 3/2015 | Registered for 2023
COURSE DESCRIPTION

Corporations must file an income tax return following the guidelines developed by the IRS. Since GAAP and tax regulations differ in a number of ways, so frequently do pretax financial income and taxable income. In consequence, the amount that a company reports as tax expense will differ from the amount of taxes payable to the IRS.

This course covers the basic guidelines that companies must follow in reporting income taxes and the disclosure requirement associated with deferred taxes, reviewing some of the concepts and items discussed in ASC 740, Income Taxes.

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 sponsorships:
NASBA
IRS
CTEC

$79.00 each Add to cart

Advising the Individual Taxpayer with Complex Tax Affairs

  • Credits: 4
  • Format: OnDemand Webinar
  • Field of Study: Federal Tax Law
  • Author: Art Werner
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Available Formats:
Advanced Preparation:None
Experience Level:Overview
Program Prerequisites:General Understanding of Taxation
Course ID:EWTFM-T-02131-23-O | 6233-CE-0844 | WR-354.23-OD
Published Date:Aired Date: 9/2020 | Registered for 2023
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 sponsorships:
NASBA
IRS
CTEC

$19.00 each Add to cart

All New Basis Consistency Regulations and IRS Form 8971

  • Credits:  1
  • Format: OnDemand Webinar
  • Field of Study: Federal Tax Law
  • Author/Speaker: Bradley Burnett
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Available Formats:
Advanced Preparation:None
Experience Level:Overview
Program Prerequisites:General Understanding of Taxation
Course ID: EWTFM-T-02132-23-O | 6233-CE-0845 | BB-201.23-OD
Published Date:Registered for 2023
COURSE DESCRIPTION

Breaking News!! During tax season, IRS planted a couple of nuclear bombs in its newly issued Form 8971 Basis Consistency Regulations:

  • 1. IRS all-new ZERO BASIS rule: If tax matters are mishandled at the estate level, the beneficiarys basis (for income tax purposes) in an inherited asset is zero!!
  • 2. SUBSEQUENT TRANSFER rule: Any later transfer by a beneficiary (of an asset originally subject to Form 8971 reporting) itself must be reported on a newly generated Form 8971. IRS Form 8971, of course, is the controversial brand-new form IRS requires an estate to complete to report the basis of inherited assets to (IRS and) beneficiaries. Penalties for non-compliance can be financially disastrous.

Where is all of this coming from? The Highway Funding Bill (P.L. 114-41) created basis mania with 3 new statutes:

  • New IRC 1014(f) Heirs must use the estate tax value of assets received from an estate as their income tax basis.
  • New IRC 6035 Executors must report the estate tax value of assets to IRS and heirs.
  • IRC 6501 the 6-year statute of limitations (on assessment) expanded to apply where the overstatement of asset basis omits more than 25% of gross income stated on return IRS issued Form 8971 and prop/temp regs in response. Theres a whole lot to it that meets the eye and some unanswered questions to boot.

Topics include:
  • Highway Funding Bill Basis Mania
  • 6501 Extension of 6 Year Statute of Limitations to Basis Overstatements
  • New IRC 1014(f) Basis Consistency Requirement
  • New IRC 6035 Basis Reporting to IRS and Heirs
  • Congress Blocks the Trick Play
  • Treasury Response Proposed and Temp Regs
  • Form 8971
  • Basis Consistency - Penalties for Non-Compliance
  • Zero Basis Rule
  • Later Adjustments to Value
  • Subsequent Transfers
  • Consistent Basis and Form 8971 Future Outlook

Learning Objectives:

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

  • To enlighten as to how Congress has mandated basis consistency in a broad variety of contexts, including how the 3-year period of limitations for tax assessment is extended to 6 years, as well as the basis of assets inherited by beneficiaries.
  • To explore the timing and detail of the new IRS Form 8971 and the devastating consequences of failure to comply with the vast array of Congress, Treasury, and IRSs new rules.

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 sponsorships:
NASBA
IRS
CTEC

$19.00 each Add to cart

An Introduction to Self-Directed Solo 401ks

  • Credits:  1
  • Format: OnDemand Webinar
  • Field of Study: Federal Tax Law
  • Author/Speaker: Whitney Nash
*Content Preview
Available Formats:
Advanced Preparation:None
Experience Level:Overview
Program Prerequisites:General Understanding of Self Directed 401(k)s
Course ID:EWTFM-T-02133-23-O | 6233-CE-0846 | WN-201.23-OD
Published Date:Registered for 2023
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 sponsorships:
NASBA
IRS
CTEC

$49.00 each Add to cart

Behavioral Ethics An Overview for All Accountants

  • Credits:  2
  • Format: OnDemand Webinar
  • Field of Study: Federal Tax Ethics
  • Author/Speaker: Davis Jackson
*Content Preview
Available Formats:
Advanced Preparation:None
Experience Level:Overview
Program Prerequisites:General Understandingof Ethics
Course ID:EWTFM-E-01914-22-O | 6233-CE-0624 |DJ-120.23-OD
Published Date:© June 2016
***SPECIAL NOTE: This course might not cover your State Ethics requirement! See our "Self Study eBook Ethics Section" on States and your State Board to ensure you are covered. This course does not meet the "Ethical" requirement for the following states: DE, FL, LA, MS, OH, NJ, OR, TX, SC, TN, VA, WA, WY ***
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 sponsorships:
    NASBA
    IRS
    CTEC
    $39.00 each Add to cart

    Buying, Selling, or Gifting a Business Creatively

    • Credits: 2
    • Format: OnDemand Webinar
    • Field of Study: Federal Tax Update
    • Author: Art Werner

    *Content Preview
    Available Formats:
    Advanced Preparation:None
    Experience Level:Overview
    Program Prerequisites:General Understanding of Taxes
    Course ID:EWTFM-U-02134-23-O | 6233-CE-0847 | WR-364.23-OD
    Published Date:Aired Date: 5/2021 | Registered for 2023
    COURSE DESCRIPTION

    In addition to traditional issues faced by a business owner regarding the operation of his or her business, business ownership creates complexities in the tax, estate, and financial planning arenas. By focusing on the development of many unique business planning tools, this course explores the entrance and exit strategies available to business owners.

    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 sponsorships:
    NASBA
    IRS
    CTEC
    $39.00 each Add to cart

    Children of All Ages Comprehensive Planning Techniques

    • Credits:  2
    • Format: OnDemand Webinar
    • Field of Study: Federal Tax Update
    • Author/Speaker: Shelli Huston
    *Content Preview
    Available Formats:
    Advanced Preparation:None
    Experience Level:Overview
    Program Prerequisites:General Understanding of Taxation
    Course ID:EWTFM-U-02135-23-O | 6233-CE-0848 | SH-210.23-OD
    Published Date:Registered for 2023
    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 sponsorships:
    NASBA
    IRS
    CTEC

    $39.00 each Add to cart

    COVID Related Tax Relief Act of 2021

    • Credits:  2
    • Format: OnDemand Webinar
    • Field of Study: Federal Tax Update
    • Author/Speaker: MaryJane Hourani
    *Content Preview
    Available Formats:
    Advanced Preparation:None
    Experience Level:Overview
    Program Prerequisites:General Understanding of Taxation
    Course ID:EWTFM-U-02042-23-O | 6233-CE-0849 | MJH-423.23-OD
    Published Date:Registered for 2023
    COURSE DESCRIPTION

    This course will discuss the new tax provisions related to Economic Disaster Relief, Paycheck Protection Programs, and Forgiveness as well as the Employee Retention Credit.

    Topics include:
    • Loans and Grants
    • PPP Loan Forgiveness
    • Taxation of Loans and Grants
    • Expense Restrictions of PPP Loans Forgiveness
    • Casualty Loss Update

    Learning Objectives:

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

    • Review the funding options provided under the CARES Act
    • Differentiate between the loans and grants
    • Discuss the loan forgiveness process
    • Determine the taxation of loans and grants
    • Understand the restrictions on expenses of the loans and the impact on Partner/Shareholder Basis
    • Discuss changes to Employee Retention Credit under the COVID-related Tax Relief Act of 2020
    • Review changes in Casualty Loss Rules

    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 sponsorships:
    NASBA
    IRS
    CTEC

    $19.00 each Add to cart

    Currently Not Collectible

    • Credits:  1
    • Format: OnDemand Webinar
    • Field of Study: Federal Tax Update
    • Author/Speaker: Charles Montecino
    *Content Preview
    Available Formats:
    Advanced Preparation:None
    Experience Level:Overview
    Program Prerequisites:General Understanding of Taxation
    Course ID:EWTFM-U-02116-23-O | 6233-CE-0829 | CM-201.23-OD
    Published Date:Registered for 2023
    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, were 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 sponsorships:
    NASBA
    IRS
    CTEC

    $39.00 each Add to cart

    Employee Retention Credit (ERC)

    • Credits:  2
    • Format: OnDemand Webinar
    • Field of Study: Federal Tax Update
    • Author/Speaker: MaryJane Hourani
    *Content Preview
    Available Formats:
    Advanced Preparation:None
    Experience Level:Overview
    Program Prerequisites:General Understanding of Taxation
    Course ID:EWTFM-U-02120-23-O | 6233-CE-0850 |MJH-427.23-OD
    Published Date:Registered for 2023
    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 sponsorships:
    NASBA
    IRS
    CTEC
    $39.00 each Add to cart

    Estate, Gift, and Income Tax Planning for Real Estate

    • Credits: 2
    • Format: OnDemand Webinar
    • Field of Study: Specialized Knowledge
    • Author: Art Werner

    *Content Preview
    Available Formats:
    Advanced Preparation:None
    Experience Level:Basic
    Program Prerequisites:General Understanding of Estate Taxes
    Course ID:EWTFM-U-02160-23-O | 6233-CE-0876 | WR-377.23-OD
    Published Date:Aired Date: 6/2022 | Registered for 2023
    COURSE DESCRIPTION

    In times of economic and tax uncertainty, real estate ownership can create frustrations and concerns for your client. The purpose of this course is to assist the practitioner in understanding the complexities that a client faces with regard to real estate ownership, prospective real estate ownership, and the tax issues surrounding their real estate holding and prospective holdings.

    Topics include:
    • Real estate as a part of a client's divinified portfolio of investments
    • Understanding the differences revolving around personal real estate vs. investment real estate
    • Understanding valuation issues
    • Understanding titling issues
    • Individual deduction issues, including the interest limitation
    • Business deduction issues
    • At-risk limitations
    • Passive activity rules update
    • How the IRC Section 199A deduction applies to real estate investments
    • Depreciation issues
    • Estate and Gift planning techniques for real estate
    • Proper use of trusts in real estate holdings

    Learning Objectives:

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

    • To discuss with the practitioner an understanding of the income, estate, and gift tax issues of various circumstances that a client classifies as bad situations in this COVID-19 environment revolving around a client's real estate (and prospective real estate) holding.

    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 sponsorships:
    NASBA
    IRS
    CTEC

    $99.00 each Add to cart

    Ethics Critical Thinking Case Studies and Fraud

    • Credits:  4
    • Format: OnDemand Webinar
    • Field of Study: Federal Tax Ethics
    • Author/Speaker: Frank Ryan
    *Content Preview
    Available Formats:
    Advanced Preparation:None
    Experience Level:Overview
    Program Prerequisites:General Understandingof Ethics
    Course ID:EWTFM-E-01902-22-O | 6233-CE-0627 |FR-401.23-OD
    Published Date:Registered for 2023
    ***SPECIAL NOTE: This course might not cover your State Ethics requirement! See our "Self Study eBook Ethics Section" on States and your State Board to ensure you are covered. This course does not meet the "Ethical" requirement for the following states: DE, FL, LA, MS, OH, NJ, OR, TX, SC, TN, VA, WA, WY ***
    COURSE DESCRIPTION

    While ethics training is required by many states, the true value of the CPA license is in understanding how critically important ethical behavior is to one another, our customers, and to the public,

    This course will explore the basic tenants of ethical behavior and use case studies to explore ethical dilemmas in various companies and organizations.

    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 sponsorships:
    NASBA
    IRS
    CTEC
    $24.00 each Add to cart

    Ethics, Tax Practice and the Cannabis Industry

    • Credits:  1
    • Format: OnDemand Webinar
    • Field of Study: Federal Tax Ethics
    • Author/Speaker: MaryJane Hourani
    *Content Preview
    Available Formats:
    Advanced Preparation:None
    Experience Level:Overview
    Program Prerequisites:General Understandingof Ethics
    Course ID:EWTFM-E-01896-22-O | 6233-CE-0626 |MJH-421.23-OD
    Published Date:April 2021
    ***SPECIAL NOTE: This course will not cover EAs Circular 230 Requirement. Also, this course might not cover your State Ethics requirement! See our "Self Study eBook Ethics Section" on States and your State Board to ensure you are covered. This course does not meet the "Ethical" requirement for the following states: DE, FL, LA, MS, OH, NJ, OR, TX, SC, TN, VA, WA, WY ***
    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 sponsorships:
    NASBA
    IRS
    CTEC
    $39.00 each Add to cart

    Everything that you Need to Know About Portability

    • Credits: 2
    • Format: OnDemand Webinar
    • Field of Study: Specialized knowledge
    • Author: Art Werner

    *Content Preview
    Available Formats:
    Advanced Preparation:None
    Experience Level:Basic
    Program Prerequisites:General Understanding of Estate Taxes
    Course ID:WR-376.23-OD
    Published Date:Aired Date: 6/2022 | Registered for 2023
    COURSE DESCRIPTION

    This course helps the practitioner understand how to make the portability election and how it can provide overall tax benefits to surviving spouses and beneficiaries of estates that fall below the federal estate exclusion amount. We will look at who should and can make the election, how the election is made and how to opt out, the requirements for filing Form 706, and compare the benefits of electing portability to conventional credit shelter trust planning.

    Topics include:
    • Defining portability, a.k.a. the deceased spousal unused exemption (DSUE) election
    • How to calculate the DSUE amount
    • Making the portability election
    • Who can and cannot elect portability
    • Review the requirements for completing form 706 when electing portability
    • Making a late election and IRS Section 9100 relief
    • How to opt-out of the election and hazards of not making the election for the client and practitioner
    • Determining the last deceased spouse for making the election
    • IRS examination issues when making the election
    • Review benefits and drawbacks of the DSUE election vs. conventional credit shelter/asset protection planning - income taxes vs. estate taxes
    • Use of QTIPs and QDOTs
    • A look at state death tax issues

    Learning Objectives:

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

    • Discuss options that can be presented to a client so they can decide whether to make the portability election and the mechanics and process of filing form 706 to elect or out-out of electing portability.

    Who Should Attend:
    • All Certified Public Accountants (CPAs)

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



    $39.00 each Add to cart

    Federal Tax Update Series Centralized Partnership Audit Rules (CPAR)

    • Credits:  2
    • Format: OnDemand Webinar
    • Field of Study: Federal Tax Update
    • Author/Speaker: Shelli Huston
    *Content Preview
    Available Formats:
    Advanced Preparation:None
    Experience Level:Overview
    Program Prerequisites:General Understanding of Taxation
    Course ID:EWTFM-U-02136-23-O | 6233-CE-0851 | SH-209.23-OD
    Published Date:Registered for 2023
    COURSE DESCRIPTION

    CPAR is something many of our clients need to be aware of namely clients who file (or should be filing) an annual Form 1065 Partnership Tax Return. So, if you are involved in a partnership, this is for you. Huge changes to how the IRS audits partnerships filing Form 1065, including LLCs, taxed as partnerships.

    This course covers what you need to know about these new rules and how they apply to the 2019 tax season.

    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 sponsorships:
    NASBA
    IRS
    CTEC
    $79.00 each Add to cart

    Federal Tax Update Series Understanding IRC §199A

    • Credits: 4
    • Format: OnDemand Webinar
    • Field of Study: Federal Tax Update
    • Author: Art Werner
    *Content Preview
    Available Formats:
    Advanced Preparation:None
    Experience Level:Overview
    Program Prerequisites:General Understanding of Taxation
    Course ID:EWTFM-U-02139-23-O | 6233-CE-0853 | WR-338.23-OD
    Published Date:Aired Date: 12/2018 | Registered for 2023
    COURSE DESCRIPTION

    This course will cover the information on Section 199A under the Internal Revenue Code.

      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 sponsorships:
      NASBA
      IRS
      CTEC
      $79.00 each Add to cart

      Form 1041 Everything You Never Wanted to Know

      • Credits: 4
      • Format: OnDemand Webinar
      • Field of Study: Federal Tax Law
      • Author: Art Werner
      *Content Preview
      Available Formats:
      Advanced Preparation:None
      Experience Level:Overview
      Program Prerequisites:General Understanding of Taxation
      Course ID:EWTFM-T-02140-23-O | 6233-CE-0854 | WR-352.23-OD
      Published Date:Aired Date: 10/2020 | Registered for 2023
      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 sponsorships:
      NASBA
      IRS
      CTEC

      $39.00 each Add to cart

      Fundamentals of Income Taxation

      • Credits: 2
      • Format: OnDemand Webinar
      • Field of Study: Federal Tax Law
      • Author: Allison McLeod
      *Content Preview
      Available Formats:
      Advanced Preparation:None
      Experience Level:Overview
      Program Prerequisites:General Understanding of Taxation
      Course ID:EWTFM-T-02105-23-O | 6233-CE-0819 | AM-108.23-OD
      Published Date:Aired Date: 4/2022 | Registered for 2023
      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 sponsorships:
        NASBA
        IRS
        CTEC

        $99.00 each Add to cart

        Individual Tax (The Basics)

        • Credits:  5
        • Format: OnDemand Webinar
        • Field of Study: Federal Tax Update
        • Author/Speaker: Mary Jane Hourani
        *Content Preview
        Available Formats:
        Advanced Preparation:None
        Experience Level:Overview
        Program Prerequisites:General Understanding Taxes
        Course ID:EWTFM-U-02141-23-O | 6233-CE-0855 | MJH-425.23-OD
        Published Date:Registered for 2023
        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 taxpayers 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 sponsorships:
        NASBA
        IRS
        CTEC
        $9.00 each Add to cart

        Inflation Reduction Act How the Bill Impacts You

        • Credits: 1
        • Format: OnDemand Webinar
        • Field of Study: Federal Tax Law
        • Author: Art Werner

        *Content Preview
        Available Formats:
        Advanced Preparation:None
        Experience Level:Basic
        Program Prerequisites:None
        Course ID:EWTFM-T-02161-23-O | 6233-CE-0874 | WR-378.23-OD
        Published Date:Aired Date: 9/2022 | Registered for 2023
        COURSE DESCRIPTION

        The Inflation Reduction Act of 2022 (IRA) is a bill passed by the 117th United States Congress in August 2022 that aims to curb inflation by reducing the deficit, lowering prescription drug prices, and investing in domestic energy
        production while promoting clean energy solutions. President Biden finally signed the Act into law on 16th August 2022.

        This reconciliation bill has gone through two names and some significant Tax provisions will impact the upcoming planting season. This program will cover the new tax legislation embodied in the act in detail so that
        those attending can adequately advise their clients if and how these various tax changes impact their individual and business planning.

        Highlights:
        • 15% Corporate Tax Rate
        • 1% Tax on Stock Repurchase
        • Impact of Research Credit against Payroll Tax for small businesses
        • Qualified Commercial Clean Vehicles
        • Modifications of the New Energy Efficient Home Credit
        • Extension of the ACA subsidies for household income above 400% of the poverty line
        • Out-of-pocket gap for Medicare Beneficiaries
        • Enhancement of IRS Enforcement…or not

        Learning Objectives:

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

        • Discuss how the Inflation Reduction Act of 2022 will impact clients
        • Discuss the new tax legislation and how it will affect business planning

        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 sponsorships:
        NASBA
        IRS
        CTEC
        $19.00 each Add to cart

        Information Security Basic Safeguards for Practitioners

        • Credits: 1
        • Format: OnDemand Webinar
        • Field of Study: Federal Tax Law
        • Author: Andrew Clark

        *Content Preview
        Available Formats:
        Advanced Preparation:None
        Experience Level:Basic
        Program Prerequisites:General Understanding of Security
        Course ID:EWTFM-T-02162-23-O | 6233-CE-0875 | AC-964.23-OD
        Published Date:Aired Date: 9/2020 | Registered for 2023
        COURSE DESCRIPTION

        All CPAs and Tax Practitioners deal with very sensitive client data. Cybercriminals are highly sophisticated, well-funded, and technologically adept at hacking computers and stealing information. CPAs and tax practitioners are some of their most highly desired targets. Cybercriminals desire the client data of all CPAs and tax practitioners. If these cybercriminals can successfully obtain the client information of CPAs and tax practitioners, they can file fraudulent tax returns for refunds, or commit identity theft. As a result, all CPAs and tax practitioners must protect their client’s information by protecting their computers, and networks, and taking some simple safety approaches. This course will define information security, describe the numerous types of threats that exist today and define how to protect your computer systems and networks to keep client data safe.

        Learning Objectives:

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

        • Define identity theft and identify how identity theft happens
        • Recognize how CPAs and Tax Professionals are being targeted by cybercriminals
        • Recognize the importance of encrypting client data
        • Identify the importance of creating internal controls and a security plan to protect client data
        • Recognize the actions that must be taken in the event of a breach of sensitive client identity data

        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 sponsorships:
        NASBA
        IRS
        CTEC
        $39.00 each Add to cart

        International Cross-Border Transactions

        • Credits: 2
        • Format: OnDemand Webinar
        • Field of Study: Federal Tax Law
        • Author: Allison McLeod

        *Content Preview
        Available Formats:
        Advanced Preparation:None
        Experience Level:Basic
        Program Prerequisites:General Understanding of International Transactions
        Course ID:EWTFM-T-02142-23-O | 6233-CE-0856 | AM-106.23-OD
        Published Date:Aired Date: 4/2021 | Registered for 2023
        COURSE DESCRIPTION

        Please join us for an introductory course in international cross-border transactions. We will discuss typical situations in which a cross-border transaction arises, and how a taxpayer can utilize the rules to potentially decrease an entity's effective tax rate. Other issues, such as documentation and IRS audit risk will also be covered. These rules will be illustrated by a hypothetical US-Canada transaction.

        Learning Objectives:

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

        • Identify a cross-border transaction and be able to discuss potential implications.
        • Determine potential audit risks involved with cross-border transactions.
        • Explain the role of a competent authority, advanced pricing agreements, and other alternative methods in reducing audit risk.
        • Understand the types of contemporaneous documentation needed.
        • Apply these principles to decrease an entitys effective tax rate.

        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 sponsorships:
        NASBA
        IRS
        CTEC
        $39.00 each Add to cart

        International Tax Treaties

        • Credits: 2
        • Format: OnDemand Webinar
        • Field of Study: Federal Tax Law
        • Author: Allison McLeod

        *Content Preview
        Available Formats:
        Advanced Preparation:None
        Experience Level:Basic
        Program Prerequisites:General Understanding of International Tax
        Course ID:EWTFM-T-02147-23-O | 6233-CE-0860 | AM-105.23-OD
        Published Date:Aired Date: 4/2021 | Registered for 2023
        COURSE DESCRIPTION

        This course presents an overview of tax treaties and how they are used in structuring transactions and determining the tax impact of cross-border transactions. It discusses the ordering rules for local laws versus treaty laws, and the purpose of the tax treaties in avoiding and eliminating double taxation to promote trade and investment. The participant will learn about planning opportunities to contemplate when structuring foreign operations.

        This course is suitable for Corporate tax and finance executives, directors, managers and staff, CPAs, CAs Enrolled Agents, accountants, attorneys, and business/financial advisors who work with and advise businesses that have cross-border operations and issues. All in-house and public practice professionals involved with international tax compliance and planning will benefit from this timely and insightful seminar.

        Learning Objectives:

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

        • Be able to discuss common treaty provisions in the US Model Treaty.
        • Understand typical reduced withholding rates on dividends, interest, and royalties.
        • Describe the purpose of income tax treaties in the tax regimes of countries.
        • Acquire a better understanding of the international tax environment.
        • Recognize qualifications for a permanent establishment
        • Describe the rules by which a taxpayer must disclose a tax position to the IRS for claiming treaty benefits that conflict with the IRC.
        • Ascertain mutual agreement procedures between the taxing authorities of two treaty countries in cases of double taxation.
        • Recognize when a company/citizen would need to file Form W8-BEN with the IRS to claim treaty benefits for US tax withholding.

        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 sponsorships:
        NASBA
        IRS
        CTEC
        $39.00 each Add to cart

        Navigating the New Schedules K-2 and K-3

        • Credits:  2
        • Format: OnDemand Webinar
        • Field of Study: Federal Tax Law
        • Author/Speaker: Mary Jane Hourani

        *Content Preview
        Available Formats:
        Advanced Preparation:None
        Experience Level:Basic
        Program Prerequisites:General Understanding of Taxes
        Course ID:EWTFM-T-01941-22-O | 6233-CE-0704 | MJH-430.23-OD
        Published Date:Registered for 2023
        COURSE DESCRIPTION

        This course introduces the new Schedule K-2 and Schedule K-3 that may be required for Partnerships and S Corporation returns. The IRS has provided conflicting guidance regarding the preparation and requirements of this form, this course hopes to clarify the filing requirements with updated guidance. Additionally, this course will discuss all eleven (11) parts of the form.

        Learning Objectives:

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

        • Outline Schedule K-2 for Partnerships and S Corporations
        • Describe the filing requirements and penalty relief
        • Explain the recent guidance provided by the IRS
        • Highlight changes to Schedule K-2 and Schedule K-3

        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 sponsorships:
        NASBA
        IRS
        CTEC
        $39.00 each Add to cart

        Offer in Compromise Settle Tax Debts for Less Than What Is Owed

        • Credits:  2
        • Format: OnDemand Webinar
        • Field of Study: Federal Tax Update
        • Author/Speaker: Charles Montecino
        *Content Preview
        Available Formats:
        Advanced Preparation:None
        Experience Level:Overview
        Program Prerequisites:General Understanding of Taxation
        Course ID:EWTFM-U-01882-22-O | 6233-CE-0597 | CM-200.23-OD
        Published Date:Registered for 2023
        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 dont have a bank account. By not working on the books the IRS cant 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 cant 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 sponsorships:
        NASBA
        IRS
        CTEC
        $39.00 each Add to cart

        Overview of Schedule C

        • Credits: 2
        • Format: OnDemand Webinar
        • Field of Study: Federal Tax Law
        • Author: Allison McLeod
        *Content Preview
        Available Formats:
        Advanced Preparation:None
        Experience Level:Overview
        Program Prerequisites:General Understanding of Taxes
        Course ID:EWTFM-T-02148-23-O | 6233-CE-0861 | AM-109.23-OD
        Published Date:Aired Date: 5/2021 | Registered for 2023
        COURSE DESCRIPTION

        Many self-employed or sole proprietors find themselves having to navigate Schedule C in reporting business income. While this attachment to Form 1040 seems straightforward on the surface, there are many traps for the unwary. This course is ideal for CPAs, EAs, or other tax professionals.

        INCLUDES UPDATES FROM THE TCTDR ACT (PASSED 12/27/2020)

        Learning Objectives:

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

        • Identify the appropriate taxpayers who should be filing Schedule C.
        • Discuss the difference between the cash and accrual method, and the correct period in which taxpayers must recognize income and/or deductions.
        • Develop a working knowledge of related issues, such as reporting the deduction of self-employed health insurance, employment taxes, home office deductions, and proper reporting of employee/independent contractor salaries and retirement contributions.
        • Discuss types of typical deductions, such as advertising, utilities, supplies, etc.
        • Determine the methods of deducting the cost of a company car.
        • Be able to apply the rules, such as Section 179 or bonus depreciation, which permit the immediate expensing of some or all of the cost of certain assets.

        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 sponsorships:
        NASBA
        IRS
        CTEC
        $79.00 each Add to cart

        Planning and Compliance for Complex Transactions for Business Owners

        • Credits: 4
        • Format: OnDemand Webinar
        • Field of Study: Business Management
        • Author: Art Werner
        *Content Preview
        Available Formats:
        Advanced Preparation:None
        Experience Level:Overview
        Program Prerequisites:General Understanding of Business Ownership
        Course ID:WR-353.23-OD
        Published Date:Aired Date: 9/2020 | Registered for 2023
        ***Special Note: This course does not qualify for IRS Reporting!***
        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 sponsorships:
        NASBA


        $39.00 each Add to cart

        Post Mortem Estate Planning Primer

        • Credits: 2
        • Format: OnDemand Webinar
        • Field of Study: Federal Tax Law
        • Author: Art Werner

        *Content Preview
        Available Formats:
        Advanced Preparation:None
        Experience Level:Overview
        Program Prerequisites:General Understanding of Taxation
        Course ID:EWTFM-T-02119-23-O | 6233-CE-0832 | WR-365.23-OD
        Published Date:Aired Date: 6/2021 | Registered for 2023
        COURSE DESCRIPTION

        People die every year, but 2020 saw a lot of unexpected death. COVID-19 was devastating to several families, how prepared were you? How prepared were your clients? At the time of loss, things can become very chaotic for the spouse, the family, and the finances. Planning at this point is too late, other than funeral arrangements. Your clients will be less focused during times of loss and grieving and may want to push things off for later.

        This is where you can provide that stability to your clients and remove the confusion. Having a plan for the inevitable is good business, and can generate business for you. This course will cover the planning process that every CPA should be discussing with their clients now. Not Later.

        Learning Objectives:

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

        • Identify Post Mortem Opportunities on the Final Form 1040
        • Identify Post Mortem Opportunities on the Estate Income Tax Returns Form 1041
        • Define Executor responsibility
        • Prepare Post Mortem Estate Tax Elections Form 706
        • Understand the reasoning for using Alternate Evaluation Dates
        • Define the requirements for Qualified Terminable Interest Property (QTIP)
        • Define the requirements for Qualified Domestic Trust (QDOT) Election
        • Identify the rules for Resident Alien Spouses
        • Define Special Use Valuation [IRC 2032(A)]
        • State the purpose and use of Portability Election [IRC 2010(c)]

        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 sponsorships:
        NASBA
        IRS
        CTEC
        $39.00 each Add to cart

        Qualified Plans, IRAs, and Related Issues

        • Credits: 2
        • Format: OnDemand Webinar
        • Field of Study: Federal Tax Law
        • Author: Art Werner | Anthony Rocca
        Available Formats:
        Advanced Preparation:None
        Experience Level:Overview
        Program Prerequisites:Basic Understanding of Taxation, Financial Planning, Estate Planning
        Course ID:EWTFM-T-02150-23-O | 6233-CE-0863 | WR-368.23-OD
        Published Date:Aired Date: 7/2021 | Registered for 2023
        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 sponsorships:
        NASBA
        IRS
        CTEC

        $39.00 each Add to cart

        Reasonable Compensation

        • Credits:  2
        • Format: OnDemand Webinar
        • Field of Study: Federal Tax Law
        • Author/Speaker: Mary Jane Hourani

        *Content Preview
        Available Formats:
        Advanced Preparation:None
        Experience Level:Overview
        Program Prerequisites:General Understanding Taxation
        Course ID:EWTFM-T-01888-22-O | 6233-CE-0601| MJH-426.23-OD
        Published Date:Registered for 2023
        COURSE DESCRIPTION

        This seminar will focus on attributes of Officer Reasonable Compensation requirements in S & C Corporations. Focusing on court cases as an authority in determining what reasonable compensation should be, who is required to receive it, as well as other facts & circumstances to advise taxpayers accordingly. This seminar will also look at strategies practitioners may use when representing taxpayers before the Internal Revenue Service to defend the Officer's Reasonable Compensation amount taken in any given year.

        Course Objectives:

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

        • Define what Reasonable Compensation is and who is required to receive it.
        • Associate Accountable Plan requirements to Reasonable Compensation.
        • Understand criteria set forth by the courts.
        • Review methods used by the IRS when auditing Reasonable Compensation.
        • Analyze approaches used in defending the amount of Reasonable Compensation.

        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 sponsorships:
        NASBA
        IRS
        CTEC
        $79.00 each Add to cart

        S Corporations Overview

        • Credits: 4
        • Format: OnDemand Webinar
        • Field of Study: Federal Tax Law
        • Author: Mary Jane Hourani

        *Content Preview
        Available Formats:
        Advanced Preparation:None
        Experience Level:Basic 
        Program Prerequisites:General Understanding of Taxes
        Course ID:EWTFM-T-02202-23-O | 6233-CE-0915 | MJH-431.23-OD
        Published Date:Aired Date: 2/2023 | Registered for 2023
        COURSE DESCRIPTION

        This course is an overview of an S Corporation's most common aspects and tax implications. Electing Subchapter S status and reviewing the mechanics of electing Subchapter S status will be discussed. It will further compare the S Corporation
        to other forms of entities, along with compliance with corporate formalities. Highlights of Form 1120S will be addressed, including accountable plans, taxable fringe benefits, officer reasonable compensation, and audit strategies.
        Schedules K-1, K-2, K-3, and effectively connected income will be reviewed in this course as well.

          Learning Objectives:

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

          • Compare S Corporation and other entity structures.
          • Prepare Form 2553, Election by a Small Business Corporation
          • Identify “reasonable cause” relief for Late Filing Form 2553, Election by a Small Business Corporation
          • Review Shareholder Stock & Debt Basis
          • Highlight aspects of Form 1120S and Schedule K (K-1)
          • Discuss attributes of Officer Reasonable Compensation requirements
          • Who is required to receive reasonable compensation?
          • Facts & circumstances in advisory services
          • Strategies that practitioners may use when representing taxpayers before the Internal Revenue Service in defense of the compensation taken.
          • Overview of entity preparation of Schedule K-2, and K-3.

          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 sponsorships:
          NASBA
          IRS
          CTEC
          $39.00 each Add to cart

          Schedule K-1 What is it and What do I do with it?

          • Credits:  2
          • Format: OnDemand Webinar
          • Field of Study: Federal Tax Law
          • Author/Speaker: MaryJane Hourani

          *Content Preview
          Available Formats:
          Advanced Preparation:None
          Experience Level:Overview
          Program Prerequisites:General Understanding of Taxation
          Course ID:EWTFM-T-01889-22-O | 6233-CE-0604 | MJH-428.23-OD
          Published Date:Registered for 2023
          COURSE DESCRIPTION

          This seminar will focus on Schedule K-1 that a taxpayer may receive from a pass-through entity, Partnership, Subchapter S Corporation, or an Estate/Trust. It will detail the most common characteristics of Schedule K-1 and how to report them on the Individual Income Tax Form 1040. QBI, Qualified Business Income Deduction, will be covered along with the reporting criteria. Discussion of relevant basis and loss limitations will also be addressed in this seminar as well.

          Learning Objectives:

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

          • Define what a Schedule K-1 is.
          • Distinguish the differences between Schedule K-1 received from different entities.
          • Outline the application of Basis Limitation, Loss Limitations, and Material Participation.
          • Compare and Examine several case studies.
          • Review the integration with the QBI (Qualified Business Income Deduction).
          • Highlight proposed 2021 changes to Schedule K-2 and Schedule K-3.

          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 sponsorships:
          NASBA
          IRS
          CTEC
          $59.00 each Add to cart

          Secure Act 2.0 Everything That You Need To Know

          • Credits: 3
          • Format: OnDemand Webinar
          • Field of Study: Federal Tax Update
          • Author: Arthur Werner

          *Content Preview
          Available Formats:
          Advanced Preparation:None
          Experience Level:Update
          Program Prerequisites:NONE
          Course ID:EWTFM-U-02199-23-O | 6233-CE-0912 | WR-382.23-SV
          Published Date:Aired Date: 1/2023 | Registered for 2023
          COURSE DESCRIPTION

          Congress was EXTREMELY busy in late December 2022! During this lame-duck session, Congress was able to pass SECURE 2.0, which is essentially the original SECURE Act that was passed in late 2019. There are over 50 tax-related
          provisions within SECURE 2.0 that an advisor needs to be able to master. This course will provide the participant with everything that they need to know about SECURE 2.0 so that they will be able to better serve their clients’
          retirement planning needs.

          Topics include:
          • Mandatory Automatic Enrollment
          • Credit For Small Employer Pension Plan Startup Costs
          • Enhancement Of The Saver’s Credit
          • Increase In Starting Age For RMDs
          • Indexing IRA Catch-Up
          • Higher Catch-Up Limit Age 61, 62, 63, And 64
          • Student Loan Payments As Elective Deferrals For Matching Contributions
          • Start-Up Credit Costs For Employers Joining An Existing Plan
          • Financial Incentives For Contributing To a Plan
          • Withdrawals For Certain Emergency Expenses
          • SIMPLE Plan changes
          • Starter 401(K) Plans
          • Sec 529 Plan To Roth Rollovers
          • Emergency Savings Accounts
          • Enhancement of 403(B) Plans
          • Qualified Charitable Distributions to Split Interest Entity
          • Retirement Savings Lost and Found
          • And more!

          Objective:

          To provide the participant with everything that they need to know about SECURE 2.0 so that they will be able to better serve their clients’ retirement planning needs.

            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 sponsorships:
            NASBA
            IRS
            CTEC
            $59.00 each Add to cart

            Tax Cuts and Jobs Act Business Tax Reform

            • Credits: 3
            • Format: OnDemand Webinar
            • Field of Study: Federal Tax Law
            • Author: Andrew Clark
            *Content Preview
            Available Formats:
            Advanced Preparation:None
            Experience Level:Overview
            Program Prerequisites:General Understanding of Taxation
            Course ID:EWTFM-T-02171-23-O | 6233-CE-0884 | AC-965.23-OD
            Published Date:Aired Date: 9/2020 | Registered for 2023
            COURSE DESCRIPTION

            The Tax Cuts and Jobs Act dramatically changed the U.S. Tax Code starting in the 2018 tax year.

            Topics include:
            • This course will provide a review of the Business Tax Reforms section of the Tax Cuts and Jobs Act bill (H.R.1).
            • This course will provide a summary description of all provisions referenced in this section of the Tax Cuts and Jobs Act and will identify the provisions that were changed in the Business Tax Reforms section.

            Learning Objectives:

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

            • Review the Business Tax Reform provisions and identify the provisions that have been changed, and the provisions that were not changed, with the implementation of the Tax Cuts and Jobs Act.
            • Identify the new modified corporate tax rates for tax years beginning December 31, 2017.
            • Recognize the new charitable contribution rules that apply to corporations.
            • Identify the effective date for all provisions in the Business Tax Reform section of the Tax Cuts and Jobs Act.

            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 sponsorships:
            NASBA
            IRS
            CTEC
            $59.00 each Add to cart

            Tax Cuts and Jobs Act Individual Tax Reform

            • Credits: 3
            • Format: OnDemand Webinar
            • Field of Study: Federal Tax Law
            • Author: Andrew Clark
            *Content Preview
            Available Formats:
            Advanced Preparation:None
            Experience Level:Overview
            Program Prerequisites:General Understanding of Taxation
            Course ID:EWTFM-T-02152-23-O | 6233-CE-0865 | AC-966.23-OD
            Published Date:Aired Date: 10/2020 | Registered for 2023
            COURSE DESCRIPTION

            The Tax Cuts and Jobs Act dramatically changed the U.S. Tax Code starting in the 2018 tax year. This course will provide a review of the Business Tax Reforms section of the Tax Cuts and Jobs Act bill (H.R.1).

            This course will provide a summary description of all provisions referenced in this section of the Tax Cuts and Jobs Act and will identify the provisions that were changed in the Business Tax Reforms section.

            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 sponsorships:
            NASBA
            IRS
            CTEC
            $39.00 each Add to cart

            Tax Implications of Cryptocurrency

            • Credits: 2
            • Format: OnDemand Webinar
            • Field of Study: Federal Tax Law
            • Author: Allison McLeod
            *Content Preview
            Available Formats:
            Advanced Preparation:None
            Experience Level:Overview
            Program Prerequisites:General Understanding of Taxation
            Course ID:EWTFM-T-02153-23-O | 6233-CE-0866 | AM-104.23-OD
            Published Date:Aired Date: 4/2021 | Registered for 2023

            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 traders 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 sponsorships:
            NASBA
            IRS
            CTEC
            $39.00 each Add to cart

            Tax Planning Using Like-Kind Exchange Transactions Under Sec.1031

            • Credits: 2
            • Format: OnDemand Webinar
            • Field of Study: Federal Tax Update
            • Author: Allison McLeod

            *Content Preview
            Available Formats:
            Advanced Preparation:None
            Experience Level:Basic
            Program Prerequisites:General Understanding of Taxes
            Course ID:EWTFM-U-02070-23-O | 6233-CE-0784 | AM-122.23-OD
            Published Date:Aired Date: 5/2022 | Registered for 2023
            COURSE DESCRIPTION

            Please join us for a discussion on like-kind exchanges (LKE), known as one of the last great tax legal shelters available to those buying and selling real property. We will be covering the basic structure of an LKE, and ways a taxpayer can utilize qualified third-party intermediaries (QI), and tenancy-in-common structures including Delaware Statutory Trusts (DST). We will also explore creative solutions to sticky situations a taxpayer may find itself in obtaining replacement property. This course is ideal for CPAs, EAs, lawyers, real estate professionals, accountants, or other tax professionals.

            Learning Objectives:

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

            • Determine whether an LKE can be used to defer taxes upon the sale of real property.
            • Know when it is appropriate to use a QI in effecting an LKE.
            • Define a DST and how it can be used in obtaining replacement property on a timely basis.
            • Become knowledgeable about ways to appropriately use the LKE structure in unusual situations.

            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:
            NASBA
            IRS
            CTEC
            $39.00 each Add to cart

            Tax Practice Standards

            • Credits: 2
            • Format: OnDemand Webinar
            • Field of Study: Regulatory Ethics
            • Author: Allison McLeod

            *Content Preview
            Available Formats:
            Advanced Preparation:None
            Experience Level:Basic
            Program Prerequisites:General Understanding of Ethics
            Course ID:EWTFM-E-02143-23-O | 6233-CE-0857 | AM-128.23-OD
            Published Date:Aired Date: 5/2022 | Registered for 2023

            ***SPECIAL NOTE: This course might not cover your State Ethics requirement! See our "Self-Study eBook Ethics Section" on States and your State Board to ensure you are covered. This course does not meet the "Ethical" requirement for the following States: DE, FL, LA, MS, OH, NJ, OR, TX, SC, TN, VA, WA, WY ***

            COURSE DESCRIPTION

            Please join us for a comprehensive discussion on standards that professionals must adhere to as tax practitioners. We will be covering the major governing rules, such as Treasury Circular 230, the AICPA Statements on Standards for Tax Services (SSTS), the Internal Revenue Code (IRC), and common law. Also included will be case studies illustrating dilemmas faced by tax practitioners. This course is ideal for CPAs, EAs, or other tax professionals.

            Learning Objectives:

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

            • Know the expectations for tax practitioners in serving clients, including the duty of confidentiality, competency, and proper administration of the tax law.
            • Understand the practitioners obligations to disclose certain client information when representing them against the IRS
            • Know the sources that govern tax practice, such as Treasury Circular 230, the SSTS, the IRC, and common law.
            • Understand the common law standards of reasonable behavior and when a tax practitioner may be subject to negligence or other types of common law causes of action.

            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 sponsorships:
            NASBA
            IRS
            CTEC
            $39.00 each Add to cart

            Tax Procedure

            • Credits: 2
            • Format: OnDemand Webinar
            • Field of Study: Federal Tax Law
            • Author: Allison Mcleod

            *Content Preview
            Available Formats:
            Advanced Preparation:None
            Experience Level:Overview
            Program Prerequisites:General Understanding of Taxes
            Course ID:EWTFM-T-02154-23-O | 6233-CE-0867 | AM-115.23-OD
            Published Date:Aired Date: 8/2021 | Registered for 2023
            COURSE DESCRIPTION

            This seminar will introduce the process from filing a tax return to the IRS audit, IRS Appeals, Collections, and litigation at courts of original jurisdiction. We will discuss the options taxpayers have at any point in the process with reference to real-life stories from the trenches. This course is ideal for CPAs, EAs, or other tax professionals.

            Learning Objectives:

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

            • Describe the audit process from the initial filing of the return to collections.
            • Determine the options available to taxpayers at each stage of the audit process.
            • Ascertain risk factors to consider in determining the best course of action for the client.
            • Apply the soft skills needed when interfacing with the IRS audit team to achieve the best possible result.

            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 sponsorships:
            NASBA
            IRS
            CTEC
            $39.00 each Add to cart

            Taxation of the Cannabis Industry

            • Credits:  2
            • Format: OnDemand Webinar
            • Field of Study: Federal Tax Law
            • Author/Speaker: MaryJane Hourani
            *Content Preview
            Available Formats:
            Advanced Preparation:None
            Experience Level:Overview
            Program Prerequisites:General Understanding of Taxation
            Course ID:EWTFM-T-01897-22-O | 6233-CE-0610 | MJH-420.23-OD
            Published Date:Registered for 2023
            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 sponsorships:
            NASBA
            IRS
            CTEC
            $19.00 each Add to cart

            TCJA Series How State Lines Impact Estate Tax and Financial Planning

            • Credits: 1
            • Format: OnDemand Webinar
            • Field of Study: Federal Tax Update
            • Author: Art Werner
            *Content Preview
            Available Formats:
            Advanced Preparation:None
            Experience Level:Overview
            Program Prerequisites:General Understanding of Taxation
            Course ID:EWTFM-U-02155-23-O | 6233-CE-0868 | WR-335.23-OD
            Published Date:Aired Date: 6/2018 | Registered for 2023
            COURSE DESCRIPTION

            The TCJA of 2017 has impacted how we plan and execute our Estate, Tax, and Financial Planning to include how the state looks at it.

            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 sponsorships:
            NASBA
            IRS
            CTEC
            $19.00 each Add to cart

            TCJA Series Understanding the New Pass Through Entity Rules

            • Credits: 1
            • Format: OnDemand Webinar
            • Field of Study: Federal Tax Update
            • Author: Art Werner
            *Content Preview
            Available Formats:
            Advanced Preparation:None
            Experience Level:Overview
            Program Prerequisites:General Understanding of Taxation
            Course ID:EWTFM-U-02156-23-O | 6233-CE-0869 | WR-337.23-OD
            Published Date:Aired Date: 6/2018 | Registered for 2023
            COURSE DESCRIPTION

            The Tax Cuts and Jobs Act of 2017 contain significant legislation regarding business taxation, unlike the individual income tax changes made by the Act, these changes are “permanent. During this course, we will discuss these changes and the effect on businesses.

            Topics include:
            • C Corporation Tax changes
            • Pass-Through Entities
            • Non-SSTB Calculations

            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 sponsorships:
            NASBA
            IRS
            CTEC
            $39.00 each Add to cart

            The ABCs of Advisory Services

            • Credits: 2
            • Format: OnDemand Webinar
            • Field of Study: Federal Tax Law
            • Author: Art Werner

            *Content Preview
            Available Formats:
            Advanced Preparation:None
            Experience Level:Overview
            Program Prerequisites:General Understanding
            Course ID:EWTFM-T-02146-23-O | 6233-CE-0859 | WR-373.23-OD
            Published Date:Aired Date: 11/2021 | Registered for 2023
            COURSE DESCRIPTION

            Over the next decade, the area of Advisory Services has the greatest potential for growth in your practice. Complexities within your clients financial, estate, and asset protection plans coupled with the ever-changing Internal Revenue Code has created an opportunity for the CPA, the EA, and other advisors to expand their client offerings. This course provides the practitioner with the framework for practice expansion as well as an understanding of a variety of necessary issues and techniques.

            Topics include:
            • Understanding the concept of Integrated Planning (financial, estate, asset protection, and tax planning)
            • Changes in the landscape of a tax practitioners practice
            • The bridging of services
            • Getting started Where do your clients fail?
            • Understanding the primary planning issues for all clients
            • Estate and Gift issues
            • Traps, pitfalls, and tips in planning
            • Practical steps in establishing a tax advisory and wealth management services practice
            • Domicile issues

            Learning Objectives:

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

            • To provide an understanding of issues and techniques in all areas of planning that will allow the practitioner to expand their tax advisory and wealth management services practice

            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 sponsorships:
            NASBA
            IRS
            CTEC
            $39.00 each Add to cart

            The American Rescue Plan Act of 2021

            • Credits: 2
            • Format: OnDemand Webinar
            • Field of Study: Federal Tax Update
            • Author: Art Werner
            *Content Preview
            Available Formats:
            Advanced Preparation:None
            Experience Level:Overview
            Program Prerequisites:General Understanding of Taxation
            Course ID:EWTFM-U-02157-23-O | 6233-CE-0870 | WR-362.23-OD
            Published Date:Aired Date: 3/2021 | Registered for 2023
            COURSE DESCRIPTION

            On March 11, 2021, President Joe Biden signed into law, a $1.9 trillion COVID-19 relief package. How will this bill affect your clients? This course will cover this legislation from both a tax perspective as well as a stimulus perspective.

            Topics include:
            • An understanding of the tax law changes made by the American Rescue Plan Act of 2021.
            • An understanding of the stimulus and relief issues made by the American Rescue Plan Act of 2021.

            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 sponsorships:
            NASBA
            IRS
            CTEC
            $79.00 each Add to cart

            The Complete Guide to New York Death Taxation

            • Credits: 4
            • Format: OnDemand Webinar
            • Field of Study: Federal Tax Law
            • Author: Art Werner

            *Content Preview
            Available Formats:
            Advanced Preparation:None
            Experience Level:Basic
            Program Prerequisites:General Understanding of Taxation
            Course ID:EWTFM-T-02164-23-O | 6233-CE-0877 | WR-379.23-OD
            Published Date:Aired Date: 9/2022 | Registered for 2023
            COURSE DESCRIPTION

            Tax compliance issues at death are sometimes confusing to practitioners because many lack experience in this area. This course provides you with a practical understanding of the issues involved in preparing the New York Estate Tax Return.

            Objective:
            • To learn how to properly prepare the New York Estate Tax Return

            Learning Objectives:

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

            • New York death taxation – The law
            • How to prepare the New York Estate Tax Return
            • Various postmortem estate planning issues involved in the preparation of the New York Estate Tax Return
            • Coordination with the Federal Estate Tax Return (Form 706)
            • Coordination with estate administration issues
            • Probate issues
            • Non-probate issues
            • Valuation issues
            • Joint tenancy issues

            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 sponsorships:
            NASBA
            IRS
            CTEC
            $79.00 each Add to cart

            The Complete Guide to Oregon and Washington Death Taxation

            • Credits: 4
            • Format: OnDemand Webinar
            • Field of Study: Federal Tax Law
            • Author: Arthur Werner

            *Content Preview
            Available Formats:
            Advanced Preparation:None
            Experience Level:Basic
            Program Prerequisites:General Understanding of Taxation
            Course ID:EWTFM-T-02165-23-O | 6233-CE-0878 | WR-380.23-OD
            Published Date:Aired Date: 9/2022 | Registered for 2023
            COURSE DESCRIPTION

            Tax compliance issues at death sometimes confuse practitioners because many lack experience in this area. This course provides a practical understanding of the issues in preparing Washington and Oregon Estate Tax returns.

            Topics include:
            • Vermont death taxation – The law
            • How to prepare the Washington and Oregon Estate Tax Return
            • Various postmortem estate planning issues involved in the preparation of the Washington and Oregon Tax Return
            • Coordination with the Federal Estate Tax Return (Form 706)
            • Coordination with estate administration issues
            • Probate issues
            • Non-probate issues
            • Valuation issues
            • Joint tenancy issues

            Learning Objectives:

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

            • Prepare the Washington Estate Tax Return.
            • Prepare the Oregon Estate Tax Return.
            • Identify unique differences in the Oregon and Washington Estate Tax Returns.
            • Complete form 706.
            • Identify probate Issues.
            • Identify Non-Probate Issues.
            • List the Valuation Issues.

            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 sponsorships:
            NASBA
            IRS
            CTEC
            $39.00 each Add to cart

            The Essentials of Fringe Benefits Planning

            • Credits: 2
            • Format: OnDemand Webinar
            • Field of Study: Federal Tax Law
            • Author: Art Werner

            *Content Preview
            Available Formats:
            Advanced Preparation:None
            Experience Level:Overview
            Program Prerequisites:General Understanding Taxation
            Course ID:EWTFM-T-02071-23-O | 6233-CE-0785 | WR-366.23-OD
            Published Date:Aired Date: 4/2021 | Registered for 2023
            COURSE DESCRIPTION

            Due to changes in both the economy and the Internal Revenue Code, fringe benefit planning has become one of the most important areas of planning for your clients business and personal needs. There are a variety of tools and techniques to meet a clients fringe benefit planning objectives.

            This course looks at those various tools and techniques and provides the practitioner with a basic understanding of how to use each one. This course also features a review of some complex areas of employee benefit planning, including ERISA reporting and disclosure requirements.

            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 sponsorships:
            NASBA
            IRS
            CTEC
            $39.00 each Add to cart

            The New Form 7203 and How to calculate Shareholder Basis

            • Credits:  2
            • Format: OnDemand Webinar
            • Field of Study: Federal Tax Law
            • Author/Speaker: Mary Jane Hourani

            *Content Preview
            Available Formats:
            Advanced Preparation:None
            Experience Level:Overview
            Program Prerequisites:General Understanding of Taxation
            Course ID:EWTFM-T-01913-22-O | 6233-CE-0681| MJH-429.23-OD
            Published Date:Registered for 2023
            COURSE DESCRIPTION

            Beginning with the tax year 2021, Form 7203 - S Corporation Shareholder Stock and Debt Basis Limitation, may be required to be filed with each shareholder's Individual Income Tax Return, Form 1040. This new form reports the shareholder's outside basis as well as debt basis so as to apply any loss limitations under I.R.C. 461 as well as at-risk limitations properly. This course will look at the mechanics of preparing the new Form 7203. Also discussed will be strategies of how to reconstruct shareholder basis when it has not been done in the past.

            Learning Objectives:

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

            • Introduce Form 7203
            • Learn how to complete Form 7203
            • Discuss strategies to reconstruct Shareholder Basis
            • Review loss limitations of 461
            • Review at-risk rules and limitations

            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 sponsorships:
            NASBA
            IRS
            CTEC
            $19.00 each Add to cart

            The Nuts and Bolts of IRC Section 1031 Exchanges

            • Credits:  1
            • Format: OnDemand Webinar
            • Field of Study: Federal Tax Update
            • Author/Speaker: Shelli Huston
            *Content Preview
            Available Formats:
            Advanced Preparation:None
            Experience Level:Overview
            Program Prerequisites:General Understanding of Taxation
            Course ID:EWTFM-U-02138-23-O | 6233-CE-0852 | SH-208.23-OD
            Published Date:Registered for 2023
            COURSE DESCRIPTION

            This course will break down the Section 1031 Exchange for the Internal Revenue code.

            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 sponsorships:
            NASBA
            IRS
            CTEC
            $39.00 each Add to cart

            The Tax Aspects of Cryptocurrency

            • Credits: 2
            • Format: OnDemand Webinar
            • Field of Study: Federal Tax Law
            • Author: Art Werner

            *Content Preview
            Available Formats:
            Advanced Preparation:None
            Experience Level:Overview
            Program Prerequisites:General Understanding of Taxation
            Course ID:EWTFM-T-02117-23-O | 6233-CE-0830 | WR-372.23-OD
            Published Date:Aired Date: 8/2021 | Registered for 2023
            COURSE DESCRIPTION

            Cryptocurrency can be a very confusing issue for a client in both compliance and planning. This course will assist the practitioner in understanding the tax aspects of cryptocurrency from a Federal compliance standpoint.

            Topics include:
            • Introduction to cryptocurrency
            • Understanding the term “blockchain”
            • Various types of cryptocurrency
            • Why cryptocurrency is popular
            • Investment attributes of cryptocurrency
            • Tax aspects of cryptocurrency
            • Position of the Internal Revenue Service
            • Understanding Notice 2014-21 (IRS Virtual Currency Guidance)
            • Understanding Notice 2014-21 FAQs
            • Compliance issues
            • Charitable issues
            • Internal Revenue Service enforcement

            Learning Objectives:

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

            • To provide tax practitioners with an understanding of the tax aspects of cryptocurrency from a Federal compliance standpoint.

            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 sponsorships:
            NASBA
            IRS
            CTEC
            $39.00 each Add to cart

            The Tax Practitioners Guide to Estate Administrations

            • Credits: 2
            • Format: OnDemand Webinar
            • Field of Study: Federal Tax Law
            • Author: Art Werner
            *Content Preview
            Available Formats:
            Advanced Preparation:None
            Experience Level:Overview
            Program Prerequisites:Basic Understanding of Taxation
            Course ID:EWTFM-T-02093-23-O | 6233-CE-0806 | WR-367.23-OD
            Published Date: Aired Date: 11/2022 | Registered for 2023
            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:
            NASBA
            IRS
            CTEC
            $39.00 each Add to cart

            Understanding IRAs and Qualified Retirement Plans After the Secure Act

            • Credits: 2
            • Format: OnDemand Webinar
            • Field of Study: Federal Tax Law
            • Author: Art Werner
            *Content Preview
            Available Formats:
            Advanced Preparation:None
            Experience Level:Overview
            Program Prerequisites:General Understanding of Taxation
            Course ID:EWTFM-T-02118-23-O | 6233-CE-0831 | WR-355.23-OD
            Published Date:Aired Date: 10/2020 | Registered for 2023
            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 sponsorships:
            NASBA
            IRS
            CTEC
            $39.00 each Add to cart

            Understanding the Entities Planning and Compliance

            • Credits: 2
            • Format: OnDemand Webinar
            • Field of Study: Federal Tax Update
            • Author: Art Werner
            *Content Preview
            Available Formats:
            Advanced Preparation:None
            Experience Level:Overview
            Program Prerequisites:General Understanding of Taxation
            Course ID:EWTFM-U-02159-23-O | 6233-CE-0872 | WR-346.23-OD
            Published Date:Aired Date: 5/2020 | Registered for 2023
            COURSE DESCRIPTION

            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.

              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 sponsorships:
              NASBA
              IRS
              CTEC
              $39.00 each Add to cart

              Understanding the SECURE Act

              • Credits: 2
              • Format: OnDemand Webinar
              • Field of Study: Federal Tax Update
              • Author: Art Werner
              *Content Preview
              Available Formats:
              Advanced Preparation:None
              Experience Level:Overview
              Program Prerequisites:General Understanding of Taxation
              Course ID:EWTFM-U-02160-23-O | 6233-CE-0873 | WR-342.23-OD
              Published Date:Aired Date: 2/2020 | Registered for 2023
              COURSE DESCRIPTION

              The SECURE Act (Setting Every Community Up for Retirement Enhancement) is a law passed by Congress in late Dec 2019.

              Topics include:
              • Deals with Retirement Plans Changes
              • Changes to the Affordable Care Act
              • Changes to 529 Plans
              • As well as extender legislation

              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 sponsorships:
              NASBA
              IRS
              CTEC
              $39.00 each Add to cart

              Understanding Trusts Leveling the Playing Field

              • Credits: 2
              • Format: OnDemand Webinar
              • Field of Study: -Federal Tax Update-
              • Author: Anthony Rocca
              *Content Preview
              Available Formats:
              Advanced Preparation:None
              Experience Level:Overview
              Program Prerequisites:General Understanding of Taxation
              Course ID:EWTFM-U-02160-23-O | 6233-CE-0873 | WR-103.23-OD
              Published Date:Aired Date: 6/2013 | Registered for 2023
              COURSE DESCRIPTION

              Many practitioners would like to develop an estate planning practice. The problem that many of these individuals face when taking an estate planning CPE course is that they cannot find a course that explains the basics of the topic in a manner that can be applied to practice development and practical ideas. By the end of the course, the playing field will begin to be leveled between those individuals who practice in this area and those who desire to do so.

              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 sponsorships:
              NASBA
              IRS
              CTEC