Self Study Video: Specialized Knowledge

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Specialized Knowledge Courses

$9.00 each Add to cart

How to Select a Fiduciary

  • Credits:  1
  • Format: Interactive Self Study Video-
  • Field of Study: -Specialized Knowledge-
  • Author/Speaker: Art Werner
*Content Preview
Available Formats:
Advanced Preparation:None
Experience Level:Overview
Program Prerequisites:General Understanding of Management
Course ID:WR-136.23-SV
Published Date:Registered for 2023
COURSE DESCRIPTION

During this course, we will look at the questions you may want to ask a client. This will benefit your ability to better understand your clients' needs and the reason for their decisions. This allows you the ability to understand why they may or may not agree with some of your recommendations as well as possibly lead you to more options after understanding their needs. Knowing your clients' background will help you address their needs and concerns so when you put a financial plan together with them or advise them of potential asset protections this may both you and your client will have a clearer understanding.

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

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


$9.00 each Add to cart

Planning for Disability

  • Credits:  1
  • Format: Interactive Self Study Video-
  • Field of Study: -Specialized Knowledge-
  • Author/Speaker: Art Werner
*Content Preview
Available Formats:
Advanced Preparation:None
Experience Level:Overview
Program Prerequisites:General Understanding of Management
Course ID:WR-132.23-SV
Published Date:Registered for 2023
COURSE DESCRIPTION

During this course, we will look at the questions you may want to ask a client. This will benefit your ability to better understand your clients' needs and the reason for their decisions. This allows you the ability to understand why they may or may not agree with some of your recommendations as well as possibly lead you to more options after understanding their needs.

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

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


$9.00 each Add to cart

Traps and Pitfalls in the Estate Planning Process

  • Credits:  1
  • Format: Interactive Self Study Video-
  • Field of Study: -Specialized Knowledge-
  • Author/Speaker: Art Werner | Anthony Rocca
*Content Preview
Available Formats:
Advanced Preparation:None
Experience Level:Overview
Program Prerequisites:General Understanding of Management
Course ID:WR-135.23-SV
Published Date:Registered for 2023
COURSE DESCRIPTION

Here we will focus on traps and pitfalls, the problems that a client faces as they decide how to do a total plan as they incorporate estate and asset protection issues. We can spend many hours talking about the various different traps and pitfalls, but today we are going to focus on six (6) specific traps and pitfalls that we find to be very common in the initial phases of estate planning and show you how that is done with a client.

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

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


$9.00 each Add to cart

Trusts Living Wills POAs and Tax Considerations

  • Credits:  1
  • Format: Interactive Self Study Video-
  • Field of Study: -Specialized Knowledge-
  • Author/Speaker: Art Werner | Anthony Rocca
*Content Preview
Available Formats:
Advanced Preparation:None
Experience Level:Overview
Program Prerequisites:General Understanding of Management
Course ID:WR-133.23-SV
Published Date:Registered for 2023
COURSE DESCRIPTION

In this course, we will continue looking at disability planning, and some of the financial protections. This course will discuss briefly the medical wills and power of attorneys, medical surrogates, and financial planning for the uncertain future we all face.

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

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


$19.00 each Add to cart

Advanced Googling for Accountants

  • Credits:  2
  • Format: Interactive Self Study Video-
  • Field of Study: -Specialized Knowledge-
  • Author/Speaker: Garrett Wasny
*Content Preview
Available Formats:
Advanced Preparation:None
Experience Level:Basic
Program Prerequisites:General Understanding of Search Engines
Course ID:GW-201.23-SV
Published Date:Registered for 2023
COURSE DESCRIPTION

This course provides a concise overview of how accountants can instantly and dramatically improve their Google search skills. Discover how to use the search service to spot opportunities and threats in your enterprise landscape earlier and faster, improve your research tactics as a trusted business advisor, slice through the endless online static and distractions, and interpret search results related to accounting in their proper context.

You'll walk away with scores of practical and proven online discovery lessons that can be immediately applied, deliver instant results and serve you forever in both your professional and personal life.

Topics include:
  • Getting Google Ready
  • Google Mobile Tools
  • Google Personalization and Optimization
  • Google Eyes and Ears: How Google Can Literally Read, Hear and See You
  • Googling to Your Own Devices: How Results Vary by Computer
  • Hiding in Plain Sight: What Youre Missing on the Google Results Page
  • Google Sweet Talk
  • Power Search Tools
  • Google Verticals
  • How to Be a Google Super Hero: Three Key Strategies

Learning Objectives:

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

  • Transform Google into your backup brain, robot assistant, and ambient sidekick.
  • Compose advanced search queries that generate more relevant results.
  • Discover literally 10x more information thats hiding in plain sight on the Google search results page
Who Should Attend:
  • All Certified Public Accountants (CPAs)
Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
NASBA



$19.00 each Add to cart

Estate Gift and Income Tax Planning for Real Estate

  • Credits:  2
  • Format: Interactive Self Study Video-
  • Field of Study: -Specialized Knowledge-
  • Author/Speaker: Art Werner

*Content Preview
Available Formats:
Advanced Preparation:None
Experience Level:Basic
Program Prerequisites:General Understanding of Estate Taxes
Course ID:EWTFM-U-02014-22-S | 6233-CE-0745 | WR-377.23-SV
Published Date: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
$9.00 each Add to cart

Estate Planning

  • Credits:  1
  • Format: Interactive Self Study Video-
  • Field of Study: -Specialized Knowledge-
  • Author/Speaker: Art Werner

*Content Preview
Available Formats:
Advanced Preparation:None
Experience Level:Basic
Program Prerequisites:General Understanding of Management
Course ID:WR-131.23-SV
Published Date:Registered for 2023
COURSE DESCRIPTION

During this course, we will look at the questions you may want to ask a client. This will benefit your ability to better understand your clients' needs and the reason for their decisions.

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

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


$19.00 each Add to cart

Everything that you Need to Know About Portability

  • Credits:  2
  • Format: Interactive Self Study Video-
  • Field of Study: -Specialized knowledge-
  • Author/Speaker: Art Werner

*Content Preview
Available Formats:
Advanced Preparation:None
Experience Level:Basic
Program Prerequisites:General Understanding of Estate Taxes
Course ID:WR-376.23-SV
Published Date: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



$19.00 each Add to cart

How Technology is Impacting the Accounting Profession

  • Credits:  2
  • Format: Interactive Self Study Video-
  • Field of Study: -Specialized Knowledge-
  • Author/Speaker: Garrett Wasny
*Content Preview
Available Formats:
Advanced Preparation:None
Experience Level:Basic
Program Prerequisites:General Understanding of Technology
Course ID:GW-202.23-SV
Published Date:Registered for 2023
COURSE DESCRIPTION

This course provides a concise overview of the leading technologies and economic forces reshaping the accounting profession and how accountants are using new digital business models to thrive in the face of rapid and seismic change.

Discover how accountants once largely enterprise passengers and navigators are elevating their role using cyber tools and becoming pilots of global business. You'll walk away with a simple yet effective game plan to keep up with exploding digital transformation and translate technology ambitions into practical reality.

Topics include:
  • Key technology trends in accounting
  • The SMAC-down (social, mobile, analytics and cloud) of the profession
  • A new generation of online accounting services
  • Emerging cyber business models
  • How to embrace the new normal and thrive in the face of technology change

Learning Objectives:

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

  • Examine the impact of cyber applications and digital transformation on accountants.
  • Explore the major shift in accounting away from historical reporting and compliance functions towards more forward-thinking and value-added services.
  • Review a new generation of web-based accounting business models that are driving innovation and redefining the roles and revenue streams of practitioners.

Who Should Attend:
  • Practitioners who want to step up their technology game and explore a swirl of innovation, strategy, and data opportunities in today's hyper-connected global marketplace.
  • All Certified Public Accountants (CPAs)

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



$19.00 each Add to cart

IRS Internet Resources for Accountants

  • Credits:  2
  • Format: Interactive Self Study Video-
  • Field of Study: -Specialized Knowledge-
  • Author/Speaker: Garrett Wasny
*Content Preview
Available Formats:
Advanced Preparation:None
Experience Level:Basic
Program Prerequisites:General Understanding of Technology
Course ID:GW-203.23-SV
Published Date:Registered for 2023
COURSE DESCRIPTION

The course provides a concise overview of the Internet services offered by the Internal Revenue Service or IRS, the tax agency of the United States federal government. Discover scores of little-known but highly valuable IRS resources including electronic wizards, mobile apps, online payment systems, calculators and estimators, tax calendars, advocacy services, whistle-blower awards, social media, privacy guides, job opportunities, e-books, newsletters, and much more.

You'll walk away with a whole new appreciation for the IRS and a huge treasure trove of digital tools that can sharpen and accelerate your tax workflow.

Topics include:
  • IRS.gov Website Update
  • Key Search Filters
  • Hidden IRS Cyber Resources
  • Forms and Publications
  • Electronic Filing
  • Payment Systems
  • Refund Tracking
  • Online Tools
  • Online Estimators and Calculators
  • Assistance Services
  • Affordable Care Act Tax Provisions
  • Foreign Account Tax Compliant Act
  • Identity Protection and Tax Fraud Alerts
  • Professional Development and Accreditation
  • Tax Statistics
  • Social Media
  • IRS Jobs and Careers
  • IRS Strategic Plan
  • Third-Party IRS Resources

Learning Objectives:

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

  • Highlight scores of IRS online resources and apps that can help accountants in every stage of their tax workflow.
  • Navigate the entire IRS website with more authority and confidence.
  • Improve how you research constantly changing IRS tax rules that are getting ever more complicated and specialized.
Who Should Attend:
  • All Certified Public Accountants (CPAs)
Qualifies and Approved with all State Boards of Accountancy and the following sponsorships:
NASBA



$19.00 each Add to cart

XBRL Revolutionizing Financial Reporting

  • Credits:  2
  • Format: Interactive Self Study Video-
  • Field of Study: -Specialized Knowledge-
  • Author/Speaker: Davis Jackson
*Content Preview
Available Formats:
Advanced Preparation:None
Experience Level:Overview
Program Prerequisites:General Understanding of Management
Course ID:DJ-121.23-SV
Published Date:Registered for 2023
COURSE DESCRIPTION

XBRL is revolutionizing business and financial reporting around the world. It is a reporting language that electronically communicates business and financial data globally. Besides providing major benefits in the preparation, analysis, and communication of business information, it also offers cost savings, greater efficiency, and improved accuracy and reliability to all those involved in supplying or using financial data claims XBRL International.

Topics include:
  • This course will begin by recapping why and how XBRL came into existence and then defining XBRL.
  • We will next discuss a few of the more common uses of XBRL reporting and some of its benefits.
  • You will then be introduced to how XBRL reporting works through the use of taxonomies and specifications.
  • As part of this process, you will be provided with a glossary of the more common XBRL related terminology.

Learning Objectives:

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

  • Recognize the history of XBRL.
  • Identify the basic XBRL technology.
  • Recognize the definitions of general XBRL terminology.

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

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