Global CPE proudly presents our 2022 Federal Tax Update Live Seminar
for CPA's and EA's with Shelli Huston!

Hotel Website

PHONE: 843-723-3000

ADDRESS: 170 Lockwood Boulevard, Charleston, South Carolina 29403 USA

DAY ONE - Individual (credits: 8)

Individual Federal Tax Update Course Description

• Prerequisites: Experience in preparing individual tax returns.
• NASBA Category: Taxes
• Delivery Method: Live Seminar / In Person
• Instructor:Shelli Huston
• Advanced Preparation: None
• CPE Credits: 8
• Level: Update

Course Description:

This course is essential for the tax practitioner who wants to update their knowledge of individual income taxation and strategies to reduce their client's tax burden. This course will provide a comprehensive review of Form 1040 and schedules A-F, SE, 2106, 1099, and 1098 complexities,  including how K-2 and K-3 can impact your client's individual returns. Updates of tax legislation and planning strategies to better assist your clients will also be discussed. A lot of things are in motion this year, although the Build Back Better Bill never made it out of the capital we have all heard the noise about breaking it up and passing it in sections. Some things will get passed, as there is bipartisan support, others will not. We also have midterm elections this year that could swing the pendulum in favor of one party over the other, this could result in some late bill passing. We have tax laws beginning and others sunsetting. This is a course you will not want to miss.  

Learning Objectives:

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

Highlights:

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

DAY TWO - Business (Credits: 8)

Business Federal Tax Update Course Description

• Prerequisites: Experience preparing tax returns.
• NASBA Category: Taxes
• Delivery Method: Live Seminar / In Person
• Instructor: Shelli Huston
• Advanced Preparation: None
• CPE Credits: 8
• Level: Update

Course Description:

This year has already seen some changes in tax law and is going to see some more. Who hasn't been confused, lost, on the K-2 and K-3, 1116 and 1118? IRS has already made several revisions since January and this is February. This course will be essential for the tax practitioner who wants to update their knowledge of business income taxation. This course will provide a comprehensive review of business income tax complexities, including updates of tax legislation and planning strategies to better assist your clients. We will look at all the changes made over the year and there is no doubt business taxes are going up this year, you will need this course for next year's tax preparations and planning ideas.

Learning Objectives:

To provide participants with both an update and instructions so that the participants will have the necessary knowledge to complete IRS Form 1041, 706, 1065, 1120, 1125 A, 1125 E, K-2, K-3, 1116, and 1118 and (business issues) and various business income tax returns for the tax season.

Highlights:

• Review of essential IRC Sections
• Review of new legislation
• Schedule C and Schedule F issues
• Schedule E Issues
• Partnership issues, K-2, K-3, 1116 and 1118
• Corporation issues
• LLC issues
• Qualified retirement plan issues
• IRC 280
• 199A Pass-Through
• Business Affordable Care Act (“Obamacare / potential Bidencare”) issues