2008 Beyond the 1040 Workshop Formerly the 1040 EXTRADates Offered: Course Level: Intermediate CPE Credits: 8 Price: $200 for Members and $240 for Nonmembers Prerequisite: Basic knowledge of individual tax. Course Description: Take the extra step in getting ready for this year's filing season. This workshop will enhance your knowledge of tax preparation by examining timely topics that impact your clients and your business. Objectives Upon completion of this facilitated online course, you will be able to: - Determine what a passive activity is and how to handle its losses.
- Complete Form 1045 and accompanying worksheet for a Net Operating Loss.
- Determine tax implications and planning for issues affecting your clients in a recession.
- Explain the tax treatment of settlement awards to your clients.
- Analyze the tax effects of flipping homes and determine the best planning methods for your clients.
Tentative Outline - Passive Activites
- Net Operating Losses (NOLs)
- Tax Planning and Issues in a Recession
- Settlements and Awards
- Flipping Homes
Course outlines are subject to change. Actual content will reflect the most recent and significant tax strategies and changes. This course comes with a downloadable electronic textbook. If you would like to purchase a printed textbook for this course, the book will be available for sale for $25 for members and $40 for nonmembers (half the regular price). Once you are registered for the course, you can call Member Services at 800.558.3402, ext. 3 to purchase the book at this special price.
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