Premium Online Education Pass

This package is only available to Premium members and includes every live and on-demand webinar available, every self-study, every online workshop, and approximately 250 credits available. You have access to everything during your membership year, whether it's new or last year's education.

Education List

 

 

On-Demand WebinarEthics for Tax Preparers On-Demand Webinar<h3>Summary</h3> <p>Each year, tax preparers are presented with a number of ethical dilemmas, whether it be due to taxpayer actions or changes in tax law. The <i>Protecting Americans from Tax Hikes Act</i> (PATH) expanded due diligence requirements to cover more tax credits, including the Section 24 Child Tax Credit and the American Opportunity Tax Credit. This year, the requirements extend to claiming Head of Household filing status. This webinar will review what you need to do to properly protect yourself, your practice and your clients, as well as what sorts of penalties the IRS imposes for ethical violations, by reviewing Circular 230 and the PATH Act.</p> <p>Circular 230 sets standards to prevent us from overstepping professional boundaries, including how to run your office, make decisions, determine what questions to ask clients and decide what records to rely on. By the end of this course, you will be able to identify the current IRS return preparer initiatives, preparer penalties and ethical standards important to tax return preparers.</p> <iframe src="https://fast.wistia.net/embed/iframe/301765eo9y" title="Wistia video player" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" allowfullscreen mozallowfullscreen webkitallowfullscreen oallowfullscreen msallowfullscreen width="640" height="360"></iframe> <script src="https://fast.wistia.net/assets/external/E-v1.js" async></script> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Summarize the key points of Circular 230, <i>Regulations Governing Practice before the Internal Revenue Service</i>.</li> <li>Summarize the key points of the PATH Act due diligence requirements and how they apply to taxpayers.</li> <li>Identify preparer penalties.</li> <li>Apply ethics rules as it relates to the real world tax office.</li> <li>Summarize how to handle real life situations that emphasize due diligence.</li> <li>Outline best practices to ensure compliance with the tax law and due diligence.</li> </ul> <h3>Course Details</h3> <p>This webinar includes the presentation slides, exam questions, live webinar recording with review questions, and Attendee Top Questions. CPE is issued after exam is successfully completed.</p>2018-10-02T04:00:00Z2019-12-31T05:00:00ZNone2018-04-01T04:00:00Z0N/AODW1832Basic2Ethics2018-10-02T04:00:00ZQAS Self StudyPremium: $0 | Professional: $60 | Basic: $76 | Nonmember: $802Ethics22Regulatory EthicsNoneKathryn M. Keane, EAhttps://www.natptax.com/EventsAndEducation/About/Pages/KathrynKeane,EA,ABA.aspxEthics2 CPE for AFSP, EA, CPA, CRTPon-demand webinar20182019-12-31T05:00:00Z
On-Demand WebinarThe Essential 1040® On-Demand Webinar<p> Call Member Services to register for both days at the bundle rate of: Premium: $0 | Professional: $408 | Basic: $528 | Nonmember: $558.</p> <h3>Summary</h3> <p>Understanding the yearly changes to the Form 1040 is essential to your success as a tax professional, which is why we’ve dedicated an entire course to learning the updates. This course will cover standard features of inflation-indexed updates you’ll need to understand to prepare your clients’ 2018 returns. It will also cover new head of household paid preparer due diligence, updated tax forms and schedules, the qualified business income (QBI) deduction and modifications to the net operating loss (NOL) rules. Finally, since 2018 was a big year for tax reform, you’ll learn all about the <i>Tax Cuts and Jobs Act</i>and its impact on preparing your clients’ 2018 returns.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Analyze new tax laws and provide some tax tips to clients.</li> <li>Analyze new developments and provide some tax tips to clients.</li> <li>Apply the latest court and IRS rulings to taxpayers’ current situations.</li> <li>Apply inflation-adjusted amounts to 2018 individual tax returns.</li> <li>Identify expired tax provisions.</li> </ul> <h3>Course Details</h3> <ul> <li>2 CPE for AFSP, CPA, CRTP, EA on-demand Ethics webinar (ready in September!)</li> <li>E-book</li> <li>Online workshop recording</li> <li>Quick reference desk card</li> <li>Multi-page tax law quick reference guide with flowcharts</li> <li>Exam questions to help you earn CPE. CPE is issued after the exam is successfully completed.</li> </ul>2018-05-31T04:00:00Z2019-12-31T05:00:00ZNone2018-05-31T04:00:00Z0N/AODW1840AUpdate8Federal Tax Law Update2018-05-30T04:00:00ZQAS Self StudyPremium: $0 | Professional: $224 | Basic: $284 | Nonmember: $2998Federal Tax Law Update88TaxesBasic knowledge of preparing Form 1040Laura Strombom, EA, MBA, NTPI Fellowhttps://www.natptax.com/EventsAndEducation/About/Pages/Laura-Strombom,-EA-MBA-NTPI-Fellow.aspxFederal Tax Law Update8 CPE for AFSP, CFP®, CPA, CRTP, EAon-demand webinar20182019-12-31T05:00:00Z
On-Demand WebinarQBI – The Impact Through Case Studies On-Demand Webinar<h3>Summary</h3> <p>Qualified Business Income (QBI) is a new 20% deduction, enacted by the Tax Cuts and Jobs Act. This deduction is available to several professions, but there are some limitations. This workshop will focus on the vast array of planning opportunities this tax law change presents to tax practitioners and their business clients. We will look at several case studies, giving examples of “below the threshold,” “in the threshold phaseout” and “above the threshold.” Finally, we’ll examine the new definitions within 199A and discuss the impact of future guidance surrounding the QBI deduction. You’ll leave this workshop feeling confident in your ability to offer your business clients everything they need to succeed and move forward in 2019.</p> <p> &nbsp;&nbsp;&nbsp;<img class="ms-rtePosition-1" alt="Gap Protection" src="/EventsAndEducation/PublishingImages/GAP-Protect-Icon-buffer.png"/> NATP considers the information presented during this course to be timely and accurate; however, it is likely that additional guidance for this topic is forthcoming. Don’t worry! You’ll be provided with additional updates to cover the information gap, so that you are properly prepared for the 2019 filing season.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Understand section 199A deduction and how it works.</li> <li>Review new terms and definitions of the 20% deduction.</li> <li>Understand the threshold limits and how wages and qualified property impact the calculation</li> <li>Discuss the new QBI loss.</li> <li>Understand, by example, combining multi-flow-through entities after determining taxable income.</li> </ul> <h3>Course Details</h3> <p>This webinar includes the presentation slides, exam questions, live webinar recording with review questions, and Attendee Top Questions. CPE is issued after exam is successfully completed.</p>2018-06-04T04:00:00Z2019-12-31T05:00:00ZNone2018-06-04T04:00:00Z4N/AODW1839Update4Federal Tax Law Update2018-06-04T04:00:00ZQAS Self StudyPremium: $0 | Professional: $98 | Basic: $124 | Nonmember: $1304Federal Tax Law Update44TaxesNoneLarry Gray, CPA, CGMAFederal Tax Law Update4 CPE for AFSP, EA, CPA, CRTPon-demand webinar20182019-12-31T05:00:00Z
On-Demand WebinarTax Cuts and Jobs Act Extended Summary<h3>Summary</h3> <p>The Tax Cuts and Jobs Act was signed by the president in late 2017, with many provisions already in effect. There will inevitably be many clarifications, rulings, and regulations in the near future, however, planning starts today! Attend this course to learn about the law from the perspective of a practicing CPA and analyze some key elements of the bill, especially one that impacts nearly every small business, the 20% deduction for qualified business income.</p> <iframe src="https://fast.wistia.net/embed/iframe/8dqyzcy5pi" title="Wistia video player" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" allowfullscreen mozallowfullscreen webkitallowfullscreen oallowfullscreen msallowfullscreen width="640" height="400"></iframe> <script src="https://fast.wistia.net/assets/external/E-v1.js" async></script> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify planning opportunities for the average taxpayer to take advantage of the new laws.</li> <li>Identify some common winners and losers under the Tax Cuts and Jobs Act using real life scenarios.</li> <li>Calculate the new 20% deduction for qualified business income under §199A.</li> <li>Properly select the entity type for tax purposes under the new tax law.</li> </ul> <h3>Course Details</h3> <p>This webinar includes the presentation slides, exam questions and live webinar recording with review questions. CPE is issued after exam is successfully completed.</p>2018-01-09T05:00:00Z2019-12-31T05:00:00ZNone2018-01-09T05:00:00Z0N/AODW1806Update2Federal Tax Law Update2018-01-25T05:00:00ZQAS Self StudyPremium: $0 | Professional: $0 | Basic: $0 | Nonmember: $802Federal Tax Law Update22TaxesBasic knowledge of federal tax law. Tax Cuts and Jobs Act First glance strongly recommended but not required.Genaro Cardaropoli, CPAFederal Tax Law Update2 CPE for AFSP, EA, CPA, CRTPon-demand webinar20182019-12-31T05:00:00Z
Self StudyAnnual Tax Update Self-Study<h3>Summary</h3> <p>Tax preparers can expect guidance and assistance when preparing for the 2019 filing season, become familiar with the 2018 tax laws and new developments, and discover tax planning tips for the upcoming year.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Explain tax laws taking effect in 2018.</li> <li>Summarize new developments that occurred in 2018.</li> <li>Advise clients on ways to lower their taxes in the future.</li> </ul> <h3>Course Details</h3> <p>This course includes an e-book and exam questions to help you earn CPE. CPE is issued after the exam is successfully completed.</p>2018-04-01T04:00:00Z2018-12-31T05:00:00ZNone2018-10-11T04:00:00Z0N/ASS1802Update3Federal Tax Law Update2018-10-11T04:00:00ZQAS Self StudyPremium: $0 | Professional: $82 | Basic: $104 | Nonmember: $1093Federal Tax Law Update33TaxesBasic knowledge of federal income taxationFederal Tax Law Update3 CPE for AFSP, EA, CPA, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2018/AnnualTaxUpdate.pdfself study20182019-12-31T05:00:00Z
Self StudyEthics and Circular 230 Self-Study<h3>Summary</h3> <p>Each year, tax preparers face ethical dilemmas, especially with the changes in the tax law. Circular 230, Regulations Governing Practice before the Internal Revenue Service, provides our profession with standards to prevent us from overstepping professional boundaries. This course summarizes key parts of Circular 230, reviews the rules governing unenrolled tax preparers, common tax preparer penalties, and due diligence for earned income tax credit, child tax credit, additional child tax credit, American opportunity tax credit and head of household filing status. Additionally, the course will review actual ethic-related court cases to provide real-world context and application examples.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify the Circular 230 rules governing individuals eligible to represent taxpayers before the Internal Revenue Service (IRS).</li> <li>Identify the rules governing unenrolled tax preparers.</li> <li>Identify common penalties assessable against tax return preparers.</li> <li>Identify due diligence requirements.</li> <li>Evaluate case studies.</li> </ul> <h3>Course Details</h3> <p>This course includes an e-book and exam questions to help you earn CPE. CPE is issued after the exam is successfully completed.</p>2018-04-01T04:00:00Z2018-12-31T05:00:00ZNone2018-07-19T04:00:00Z0N/ASS1809Basic2Ethics2018-07-19T04:00:00ZQAS Self StudyPremium: $0 | Professional: $60 | Basic: $76 | Nonmember: $802Ethics22Regulatory EthicsNoneEthics2 CPE for AFSP, CPA, EA (Does not satisfy ethics for CFP® or JD)/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2018/EthicsCirc230.pdfself study20182019-12-31T05:00:00Z
WebinarAre You Ready for Tax Season? Webinar<h3> Summary</h3><p>2018 was a doozy for tax law change, which makes your job as a tax professional preparing returns in 2019 even more critical. Let us help you figure out how to apply those changes to returns in the new year. This webinar examines key tax law changes from the <i>Tax Cuts and Jobs Act</i> and the <i>Bipartisan Budget Act of 2018</i> that are essential to preparing income returns for 2018, including the new QBI deduction and due diligence requirements. Any tax professional looking to practice in 2019 will benefit from this webinar and getting up to speed so you can properly advise clients.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Summarize key new tax law changes from the <i>Tax Cuts and Jobs Act</i>.</li> <li>Identify significant provisions that have expired or been temporarily or permanently extended.</li> <li>Analyze any new tax laws and provide tax tips to clients.</li> <li>Identify opportunities to plan for 2019 taxes.</li> <li>Apply due diligence requirements.</li> </ul> <h3>Course Details</h3> <p>Our researchers will answer your questions during the presentation. This webinar includes the presentation slides, Attendee Top Questions and access to the webinar recording.</p>2018-12-05T05:00:00Z2020-12-31T05:00:00ZNone2018-12-05T05:00:00Z2018-12-05T05:00:00Z2019-01-03T05:00:00Z0N/AWEB1903Update2Federal Tax Law Update2019-01-15T05:00:00Z2019-01-17T05:00:00Z2019-01-31T05:00:00ZGroup Internet BasedPremium: $0 | Professional: $58 | Basic: $58 | Nonmember: $702Federal Tax Law Update22TaxesKnowledge of Federal Income TaxCheryl Morse, EAhttps://www.natptax.com/EventsAndEducation/About/Pages/CherylMorse%2cEA.aspxFederal Tax Law Update2 CPE for AFSP, EA, CPA, CRTPlive webinar20192019-01-15T18:00:00Z2019-01-17T14:00:00Z2019-01-31T05:00:00Z
On-Demand WebinarTax Cuts and Jobs Act First Glance<h3>Summary</h3> <p>The new tax law is here! Take this webinar to find out what is in the final law, and how to take advantage of planning opportunities before year-end.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Describe the major components of the Tax Cuts and Jobs Act.</li> <li>Identify planning opportunities to take advantage of the new laws.</li> </ul> <h3>Course Details</h3> <p>This webinar includes the presentation slides and supplemental material.</p>2017-12-21T05:00:00Z2019-12-31T05:00:00ZNone2017-12-22T05:00:00Z0N/AODW1804Update0Federal Tax Law Update2017-12-22T05:00:00ZQAS Self StudyPremium: $0 | Professional: $0 | Basic: $0 | Nonmember: $800Federal Tax Law Update00TaxesNoneCindy Hockenberry and Kate GoadFederal Tax Law UpdateNO CPEon-demand webinar20182019-12-31T05:00:00Z
Self StudyBeyond the 1040® Self-Study<h3>Summary</h3> <p>This course covers the two sides of a coin — first, the contributing to and withdrawing from retirement accounts, the differences between traders and investors, and employee stock benefit reporting for items such as restricted stock units and incentive stock options. The second part covers foreclosures and abandonments, debt cancellations, and how to properly report Forms 1099-A, <i>Acquisition or Abandonment of Secured Property</i>, and 1099-C, <i>Cancellation of Debt</i>.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify and summarize the reporting requirements for the various components of a consolidated 1099-B.</li> <li>Distinguish between covered and noncovered securities.</li> <li>Recognize the difference between various retirement plans.</li> <li>Determine how much and when to make contributions to and distributions from retirement plans. </li> <li>Distinguish the difference traders and investors.</li> <li>Summarize how to report the sale various types of employee stock benefits.</li> <li>Determine the proper tax reporting of Form 1099-A and 1099-C.</li> <li>Distinguish between recourse and nonrecourse debt.</li> </ul> <h3>Course Details</h3> <p>This course includes an e-book and exam questions to help you earn CPE. CPE is issued after the exam is successfully completed.</p>2018-04-01T04:00:00Z2018-12-31T05:00:00ZNone2018-10-02T04:00:00Z0N/ASS1804Intermediate8Federal Tax Law Topic2018-10-02T04:00:00ZQAS Self StudyPremium: $0 | Professional: $164 | Basic: $208 | Nonmember: $2198Federal Tax Law Topic88TaxesBasic knowledge of individual taxationFederal Tax Law Topic8 CPE for AFSP, EA, CPA, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2018/BeyondThe1040.pdfself study20182019-12-31T05:00:00Z
Self StudyThe Essential 1040® Self-Study<h3>Summary</h3> <p>Understanding the yearly changes to the Form 1040 is essential to your success as a tax professional, which is why we’ve dedicated an entire course to learning the updates. This course will cover standard features of inflation-indexed updates you’ll need to understand to prepare your clients’ 2018 returns. It will also cover new head of household paid preparer due diligence, updated tax forms and schedules, the qualified business income (QBI) deduction and modifications to the net operating loss (NOL) rules. Finally, since 2018 was a big year for tax reform, you'll learn all about the <i>Tax Cuts and Jobs Act</i> and its impact on preparing your clients' 2018 returns.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Analyze new tax laws and provide some tax tips to clients.</li> <li>Analyze new developments and provide some tax tips to clients.</li> <li>Apply the latest court and IRS rulings to taxpayers’ current situations.</li> <li>Apply inflation-adjusted amounts to 2018 individual tax returns.</li> <li>Identify expired tax provisions.</li> </ul> <h3>Course Details</h3> This course includes: <ul> <li>2 CPE for AFSP, CPA, CRTP, EA on-demand Ethics webinar (ready in October!)</li> <li>E-book</li> <li>Quick reference desk card</li> <li>Multi-page tax law quick reference guide with flowcharts</li> <li>Exam questions to help you earn CPE. CPE is issued after the exam is successfully completed.</li> </ul>2018-04-01T04:00:00Z2018-12-31T05:00:00ZNone2018-10-04T04:00:00Z0N/ASS1830Update8Federal Tax Law Update2018-10-04T04:00:00ZQAS Self StudyPremium: $0 | Professional: $164 | Basic: $208 | Nonmember: $2198Federal Tax Law Update88TaxesBasic knowledge of preparing Form 1040Federal Tax Law Update8 CPE for AFSP, EA, CPA, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2018/TheEssential1040.pdfself study20182019-12-31T05:00:00Z
WebinarMaking the Client Interview Count Saturday Webinar<h3> Summary</h3><p>Each tax season, you meet with your tax clients to gather their data and prepare their tax returns. Make sure you're making the most of these meetings by providing useful tax advice that your clients can use throughout the year. This is your time to shine, so make the client interview count. This webinar discusses some very simple ideas you can incorporate into your year-end meetings to help you become an invaluable resource for all your clients' tax needs.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify opportunities for tax planning after year-end.</li> <li>Identify deductions and credits that are limited by adjusted gross income.</li> <li>Analyze the effects of contributing to a traditional or Roth IRA.</li> <li>Analyze the effects of contributing to an HSA if eligible.</li> <li>Analyze a client's withholding to determine whether changes should be made.</li> <li>Identify the steps taxpayers can take throughout the year to minimize their taxes.</li> </ul> <h3>Course Details</h3> <p>Our researchers will answer your questions during the presentation. This webinar includes the presentation slides, Attendee Top Questions and access to the webinar recording.</p>2018-12-05T05:00:00Z2020-12-31T05:00:00ZNone2018-12-13T05:00:00Z2018-12-13T05:00:00Z0N/AWEB1908Basic2Federal Tax Law Topic2019-01-26T05:00:00Z2019-02-07T05:00:00ZGroup Internet BasedPremium: $0 | Professional: $58 | Basic: $58 | Nonmember: $702Federal Tax Law Topic22TaxesNoneTom O'Saben, EA, CFP®<a href="https://www.natptax.com/EventsAndEducation/About/Pages/ThomasO'Saben,EA,CFP.aspx">https://www.natptax.com/EventsAndEducation/About/Pages/ThomasO'Saben,EA,CFP.aspx</a>Federal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPlive webinar20192019-01-26T14:00:00Z2019-02-09T05:00:00Z
On-Demand WebinarAre You Ready for Tax Season? On-Demand Webinar<h3> Summary</h3><p>2018 was a doozy for tax law change, which makes your job as a tax professional preparing returns in 2019 even more critical. Let us help you figure out how to apply those changes to returns in the new year. This webinar examines key tax law changes from the <i>Tax Cuts and Jobs Act</i> and the <i>Bipartisan Budget Act of 2018</i> that are essential to preparing income returns for 2018, including the new QBI deduction and due diligence requirements. Any tax professional looking to practice in 2019 will benefit from this webinar and getting up to speed so you can properly advise clients.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Summarize key new tax law changes from the <i>Tax Cuts and Jobs Act</i>.</li> <li>Identify significant provisions that have expired or been temporarily or permanently extended.</li> <li>Analyze any new tax laws and provide tax tips to clients.</li> <li>Identify opportunities to plan for 2019 taxes.</li> <li>Apply due diligence requirements.</li> </ul> <h3>Course Details</h3> <p>This webinar includes the presentation slides, exam questions, live webinar recording with review questions, and Attendee Top Questions. CPE is issued after exam is successfully completed.</p>2018-12-14T05:00:00Z2020-12-31T05:00:00ZNone2018-12-13T05:00:00Z0N/AODW1902Update2Federal Tax Law Update2019-02-05T05:00:00ZQAS Self StudyPremium: $0 | Professional: $60 | Basic: $76 | Nonmember: $802Federal Tax Law Update22TaxesKnowledge of Federal Income TaxCheryl Morse, EAhttps://www.natptax.com/EventsAndEducation/About/Pages/CherylMorse%2cEA.aspxFederal Tax Law Update2 CPE for AFSP, EA, CPA, CRTPon-demand webinar20192020-12-31T05:00:00Z
Self StudyIntermediate S Corporations Self-Study<h3>Summary</h3> <p>This hands-on course is ideal for tax professionals who have prepared S corporation returns and are looking to improve their skills to better assist clients with their continuing needs. In order to become more proficient in S corporations, it is imperative to know more than how to prepare Form 1120S. Topics covered include reasonable compensation, built-in-gains tax, distributions, shareholder basis, shareholder loss limitations, ownership changes and liquidation issues.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Determine if an S corporation is paying reasonable compensation to its shareholder employees.</li> <li>Identify corporations subject to the built-in gains tax.</li> <li>Compute and report the built-in gains tax.</li> <li>Compute the shareholder’s stock basis in the S corporation.</li> <li>Determine the timing and ordering rules for basis adjustments.</li> <li>Demonstrate how distributions from an S corporation are taxed.</li> <li>Report the repayment of reduced-basis debt.</li> <li>Compare and contrast AAA, stock basis and retained earnings.</li> <li>Report the sale of S corporation stock.</li> <li>Determine how income and losses are allocated when there is a change in ownership.</li> <li>Identify an inadvertent termination of the S election and summarize how to fix it.</li> <li>Prepare a final Form 1120S for the year of liquidation.</li> <li>Report post-liquidation expenses.</li> </ul> <h3>Course Details</h3> <p>This course includes an e-book and exam questions to help you earn CPE. CPE is issued after the exam is successfully completed.</p>2018-04-01T04:00:00Z2018-12-31T05:00:00ZNone2018-06-18T04:00:00Z0N/ASS1811Intermediate8Federal Tax Law Topic2018-06-18T04:00:00ZQAS Self StudyPremium: $0 | Professional: $164 | Basic: $208 | Nonmember: $2198Federal Tax Law Topic88TaxesBasic understanding of preparing Form 1120SFederal Tax Law Topic8 CPE for AFSP, EA, CPA, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2018/IntermediateSCorps.pdfself study20182019-12-31T05:00:00Z
On-Demand WebinarBeyond the 1040® On-Demand Webinar<p> Call Member Services to register for both days at the bundle rate of: Premium: $0 | Professional: $408 | Basic: $528 | Nonmember: $558. </p> <h3>Summary</h3> <p>This course covers the two sides of a coin — first, the contributing to and withdrawing from retirement accounts, the differences between traders and investors, and employee stock benefit reporting for items such as restricted stock units and incentive stock options. The second part covers foreclosures and abandonments, debt cancellations, and how to properly report Forms 1099-A, <i>Acquisition or Abandonment of Secured Property</i>, and 1099-C, <i>Cancellation of Debt</i>.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify and summarize the reporting requirements for the various components of a consolidated 1099-B.</li> <li>Distinguish between covered and noncovered securities.</li> <li>Recognize the difference between various retirement plans.</li> <li>Determine how much and when to make contributions to and distributions from retirement plans. </li> <li>Distinguish the difference traders and investors.</li> <li>Summarize how to report the sale various types of employee stock benefits.</li> <li>Determine the proper tax reporting of Form 1099-A and 1099-C.</li> <li>Distinguish between recourse and nonrecourse debt.</li> </ul> <h3>Course Details</h3> <p>This webinar includes the presentation slides, exam questions, live webinar recording with review questions, and Attendee Top Questions. CPE is issued after exam is successfully completed.</p>2018-05-31T04:00:00Z2019-12-31T05:00:00ZNone2018-05-31T04:00:00Z0N/AODW1840BIntermediate8Federal Tax Law Topic2018-05-30T04:00:00ZQAS Self StudyPremium: $0 | Professional: $224 | Basic: $284 | Nonmember: $2998Federal Tax Law Topic88TaxesBasic knowledge of individual taxationLaura Strombom, EA, MBA, NTPI Fellowhttps://www.natptax.com/EventsAndEducation/About/Pages/Laura-Strombom,-EA-MBA-NTPI-Fellow.aspxFederal Tax Law Topic8 CPE for AFSP, CFP®, CPA, CRTP, EAon-demand webinar20182019-12-31T05:00:00Z
On-Demand WebinarYear-End Information Reporting - 2018 Filing Season<h3>Summary</h3> <p>Tax preparers unite—it’s time to file clients’ W-2s, 1099-MISCs, 941s, FUTA, and many other information forms or returns. Join us for our Year-End Information Reporting webinar for a review of what information documents need to be filed and the due dates for both the taxpayer and the IRS or Social Security Administration.</p> <p>This webinar also reviews filing corrected forms, determining which box the amount on the 1099-MISC should go, the penalties for late filing information returns, and whether or not the forms can be paper filed or must be e-filed.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify information documents that will be filed for taxpayers.</li> <li>Correctly complete Form 1099-MISC for clients.</li> <li>Identify and correct incorrect information documents.Analyze and summarize any new tax laws and provide some tax tips to your clients.</li> <li>Identify due dates for information documents.Comply with expanded due diligence requirements for the child tax credit and American opportunity tax credit.</li> <li>Calculate penalties for late or missed filing of information documents.</li> <li>Correctly file information forms.</li> </ul> <h3>Course Details</h3> <p>This webinar includes the presentation slides, exam questions, live webinar recording with review questions, and Attendee Top Questions. CPE is issued after exam is successfully completed.</p>2017-12-21T05:00:00Z2019-12-31T05:00:00ZNone2018-01-30T05:00:00Z0N/AODW1802Basic2Federal Tax Law Topic2018-01-30T05:00:00ZQAS Self StudyPremium: $0 | Professional: $60 | Basic: $76 | Nonmember: $802Federal Tax Law Topic22TaxesNoneJaye Tritz, EA, CFP®https://www.natptax.com/EventsAndEducation/About/Pages/JayeETritz,EA,CFP®.aspxFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPon-demand webinar20182019-12-31T05:00:00Z
On-Demand WebinarMake the Client Interview Count<h3>Summary</h3> <p>Every tax season, you meet with clients to gather up their data to prepare their tax returns. Something you should be doing during these meetings is providing clients with valuable tax advice. After all, this is what keeps them coming back year after year.</p> <p>Register today for our Make the Client Interview Count webinar, which discusses simple pieces of guidance that will be very helpful, useful, and impactful to your clients as you meet with them this tax season. Remember—client interviews are your chance to shine, so make them count!</p> <iframe src="https://fast.wistia.net/embed/iframe/j4ciob2uxf" title="Wistia video player" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" allowfullscreen mozallowfullscreen webkitallowfullscreen oallowfullscreen msallowfullscreen width="640" height="360"></iframe> <script src="https://fast.wistia.net/assets/external/E-v1.js" async></script> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify opportunities for tax planning after year-end.</li> <li>Identify deductions and credits that are limited by adjusted gross income.</li> <li>Correctly analyze the effects of contributing to an IRA.</li> <li>Correctly analyze the effects of contributing to an HSA.</li> <li>Analyze a client's withholding to determine whether changes should be made.</li> <li>Advise clients about steps that they can take throughout the year to minimize their taxes.</li> </ul> <h3>Course Details</h3> <p>This webinar includes the presentation slides, exam questions, live webinar recording with review questions, and Attendee Top Questions. CPE is issued after exam is successfully completed.</p>2017-12-21T05:00:00Z2019-12-31T05:00:00ZNone2018-01-30T05:00:00Z0N/AODW1803Basic1Federal Tax Law Topic2018-01-30T05:00:00ZQAS Self StudyPremium: $0 | Professional: $30 | Basic: $38 | Nonmember: $401Federal Tax Law Topic11TaxesNoneCheryl Morse, EAhttps://www.natptax.com/EventsAndEducation/About/Pages/CherylMorse,EA.aspxFederal Tax Law Topic1 CPE for AFSP, EA, CPA, CRTPon-demand webinar20182019-12-31T05:00:00Z
Self StudyBasics of Basis Self-Study<h3>Summary</h3> <p>If your client bought or sold assets, the basis of those items is critical to the future calculation of capital recovery, gain or loss realization and recognition, and depreciation. Attendees of this self-study course will learn how to determine an asset's initial basis and how to calculate adjustments to that basis. Assets we will consider include tangible or intangible property (real and personal property), stocks, bonds and mutual funds, as well as partnership and S corporation interests.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify basis based on various means of acquisition, including purchase, creation, gift and inheritance.</li> <li>Identify payments capitalized as part of basis and those expensed as a current operating expense.</li> <li>Calculate the basis of stocks.</li> <li>Calculate the basis of mutual funds using the allowable methods.</li> <li>Apply the timing and ordering of basis adjustments.</li> <li>Differentiate between a partner’s outside and inside basis in a partnership.</li> <li>Recognize the difference between a shareholder’s stock basis and debt basis in an S corporation.</li> </ul> <h3>Course Details</h3> <p>This course includes an e-book and exam questions to help you earn CPE. CPE is issued after the exam is successfully completed.</p>2018-04-01T04:00:00Z2018-12-31T05:00:00ZNone2018-06-29T04:00:00Z0N/ASS1803Basic4Federal Tax Law Topic2018-06-29T04:00:00ZQAS Self StudyPremium: $0 | Professional: $98 | Basic: $124 | Nonmember: $1304Federal Tax Law Topic44TaxesNoneFederal Tax Law Topic4 CPE for AFSP, EA, CPA, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2018/BasicsOfBasis.pdfself study20182019-12-31T05:00:00Z
Self StudyCannabis Businesses Self-Study<h3>Summary</h3> <p>Owning a cannabis business is popular in states that have passed legislation for its recreational or medical use; however, there are a number of unique issues to these businesses, especially when preparing a tax return. This course will delve into the legislative history of this industry and detail the differences among the various states that have legalized the industry. You will also review reporting requirements, potential differences between federal and state returns, and restrictions on certain types of expenses. Lastly, you will review how the changing state laws affect taxpayers, disclosure issues and potential penalties for participating in this type of activity.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify legislative history in states that have legalized cannabis businesses.</li> <li>Determine differences between state and federal tax reporting.</li> <li>Recognize unique situations specific to these types of business.</li> <li>Summarize the treatment of current and past perceptions of cannabis business activity.</li> <li>Interpret the information provided on the changing state laws concerning this activity.</li> </ul> <h3>Course Details</h3> <p>This course includes an e-book and exam questions to help you earn CPE. CPE is issued after the exam is successfully completed.</p>2018-04-01T04:00:00Z2018-12-31T05:00:00ZNone2018-06-18T04:00:00Z0N/ASS1805Basic2Federal Tax Law Topic2018-06-18T04:00:00ZQAS Self StudyPremium: $0 | Professional: $60 | Basic: $76 | Nonmember: $802Federal Tax Law Topic22TaxesNoneFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2018/CannabisBusinesses.pdfself study20182019-12-31T05:00:00Z
Self StudyEA Exam Review Course - Part I: Individuals Self-Study<h3>Summary</h3> <p>Ready to take the next step in your career and earn your EA designation? This self-study course will help you prepare for and pass Part I: Individuals of the IRS Special Enrollment Examination (SEE) exam. Part I covers individuals; individual income, deductions and credits; individual taxation; estate tax, gift tax, and FBAR. All references to the examination and this course are to the Internal Revenue Code as amended through Dec. 31, 2017, and are applicable for those taking the exam between May 1, 2018, and Feb. 28, 2019.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Assess information from the prior year return to thoroughly report current year information.</li> <li>Identify criteria that require a taxpayer to file an income tax return to comply with federal law.</li> <li>Determine if an individual meets the definition of a qualifying child or a qualifying relative so the taxpayer can claim the person as a dependent.</li> <li>Identify items of reportable income and expenses for individual taxpayers.</li> <li>Calculate taxable income from retirement plans or IRA distributions to provide the taxpayer with maximum basis recovery.</li> <li>Differentiate between a refundable credit and a nonrefundable credit to provide the taxpayer with the minimum tax due.</li> <li>Categorize the sale or disposition of assets to properly classify and report gain or loss.</li> <li>Explain the tax consequences of gifting either cash or property.</li> <li>Identify the primary filing obligations concerning a deceased taxpayer.</li> <li>Recognize when reporting is required for foreign accounts.</li> </ul> <h3>Course Details</h3> <p>This course includes an e-book and exam questions to help you earn CPE. CPE is issued after the exam is successfully completed.</p>2018-04-01T04:00:00Z2018-12-31T05:00:00ZNone2018-04-30T04:00:00Z0N/ASS1806Intermediate5Federal Tax Law Topic2018-05-01T04:00:00ZQAS Self StudyPremium: $0 | Professional: $0 | Basic: $0 | Nonmember: $1405Federal Tax Law Topic00TaxesBasic knowledge of federal taxationFederal Tax Law Topic5 CPE for AFSP, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2018/EAXITextbook.pdfself study20182019-12-31T05:00:00Z
Self StudyEA Exam Review Course - Part II: Business Self-Study<h3>Summary</h3> <p>This course will help you prepare for and pass Part II: Businesses of the Special Enrollment Examination (SEE) to earn your EA designation by reviewing and learning about business entities; business income, expenses, deductions, and credits; trust and estate tax returns; exempt organizations; retirement plans; and farmers. All references to the examination and this course are to the Internal Revenue Code as amended through Dec. 31, 2017, and is applicable for those taking the exam between May 1, 2018 and Feb. 28, 2019.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Differentiate between different types of business structures to assist taxpayers in choosing a business entity.</li> <li>Categorize business income and business expenses for proper reporting.</li> <li>Calculate asset depreciation to account for wear and tear on assets.</li> <li>Distinguish items that affect basis in the entity from items that do not affect basis so to properly allow business losses.</li> <li>Analyze how tax requirements and limitations affect business tax planning.</li> <li>Evaluate business records to adhere to recommended recordkeeping procedures.</li> <li>Analyze trust documents to determine appropriate filing procedures.</li> <li>Describe provisions unique to farmers and other specialized taxpayers.</li> </ul> <h3>Course Details</h3> <p>This course includes an e-book and exam questions to help you earn CPE. CPE is issued after the exam is successfully completed.</p>2018-04-01T04:00:00Z2018-12-31T05:00:00ZNone2018-04-30T04:00:00Z0N/ASS1807Intermediate5Federal Tax Law Topic2018-04-30T04:00:00ZQAS Self StudyPremium: $0 | Professional: $105 | Basic: $133 | Nonmember: $1405Federal Tax Law Topic00TaxesBasic knowledge of federal business taxationFederal Tax Law Topic5 CPE for AFSP, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2018/EAXIITextbook.pdfself study20182019-12-31T05:00:00Z
Self StudyEA Exam Review Course - Part III: Representation, Practice and Procedures Self-Study<h3>Summary</h3> <p>In our final self-study course preparing you to pass Part III: Representation, Practices and Procedures of the IRS Special Enrollment Exam (SEE), you will learn about representation before the IRS, the specific types of representation and IRS rules and penalties. We'll also cover how to apply these rules to your practice. All references to the examination and this course are to the Internal Revenue Code as amended through Dec. 31, 2017, and are applicable for those taking the exam between May 1, 2018, and Feb. 28, 2019.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Summarize what constitutes practice before the IRS.</li> <li>Identify who can practice before the IRS.</li> <li>Distinguish what constitutes a sanctionable act as related to duties and restrictions on practice before the IRS.</li> <li>Identify supporting documentation and legal authority that can strengthen a taxpayer’s position.</li> <li>Identify types of taxpayer tax information available in transcripts from the IRS.</li> <li>Identify the various tools available in countering the IRS collection process.</li> <li>Apply safeguards to comply with recordkeeping and records maintenance requirements while at the same time maintaining taxpayer confidentiality.</li> </ul> <h3>Course Details</h3> <p>This course includes an e-book and exam questions to help you earn CPE. CPE is issued after the exam is successfully completed.</p>2018-04-01T04:00:00Z2018-12-31T05:00:00ZNone2018-04-30T04:00:00Z0N/ASS1808Intermediate2Ethics2018-04-30T04:00:00ZQAS Self StudyPremium: $0 | Professional: $75 | Basic: $95 | Nonmember: $1002Ethics00N/ABasic knowledge of federal taxationN/A2 CPE for AFSP, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2018/EAXIIITextbook.pdfself study20182019-12-31T05:00:00Z
Self StudyIntermediate Partnerships Self-Study<h3>Summary</h3> <p>This is a self-study course for those who already have a basic understanding of partnership taxation. We'll cover different types of partnership operations, such as limited partnerships or limited liability companies, and we'll review the form of business that can alter a partner's taxation. We will also review the various elections made at the partnership level that serve as planning tools for preparing returns.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Differentiate between the different types of partnerships.</li> <li>Recognize tax basis capital accounts.</li> <li>List the important tax rules regarding special tax allocations.</li> <li>Summarize important rules regarding guaranteed payments.</li> <li>Identify a §754 election.</li> <li>Calculate basis adjustments required by a §754 election.</li> <li>Identify disguised sales.</li> <li>Prepare Form 1065 when one partner leaves a two-partner partnership.</li> <li>Identify limited liability partners for purposes of self-employment tax.</li> <li>Prepare Form 8308.</li> <li>Prepare Form 1065 when a partner terminates an interest.</li> </ul> <h3>Course Details</h3> <p>This course includes an e-book and exam questions to help you earn CPE. CPE is issued after the exam is successfully completed.</p>2018-04-01T04:00:00Z2018-12-31T05:00:00ZNone2018-10-02T04:00:00Z0N/ASS1810Intermediate8Federal Tax Law Topic2018-10-05T04:00:00ZQAS Self StudyPremium: $0 | Professional: $164 | Basic: $208 | Nonmember: $2198Federal Tax Law Topic88TaxesBasic understanding of partnership taxationFederal Tax Law Topic8 CPE for AFSP, EA, CPA, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2018/IntermediatePartnerships.pdfself study20182019-12-31T05:00:00Z
Self StudyIntroduction to Fixed Assets Self-Study<h3>Summary</h3> <p>Fixed assets are assets that are purchased for long-term use and are not likely to be converted quickly into cash, such as land, buildings and equipment. This course will introduce you to the basic depreciation concepts on Form 4562, Depreciation and Amortization, including §179 and bonus depreciation. You’ll review the special rules for listed property (passenger automobiles, etc.), and learn how to report the sale of business property on Form 4797, as well as the tax consequences of such sales.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify the depreciation methods for fixed assets.</li> <li>Apply the listed property rules.</li> <li>Outline the requirements for claiming §179 and bonus depreciation.</li> <li>Determine if a change in property is an improvement vs. a repair.</li> <li>Complete Form 4562 when required.</li> <li>Report the disposition of business property in the appropriate section of Form 4797.</li> <li>Calculate the gain or loss on a sale.</li> <li>Define depreciation recapture, unrecaptured §1250 gain and nonrecaptured §1231 losses.</li> <li>Determine when §280F recapture is necessary. </li> </ul> <h3>Course Details</h3> <p>This course includes an e-book and exam questions to help you earn CPE. CPE is issued after the exam is successfully completed.</p>2018-04-01T04:00:00Z2018-12-31T05:00:00ZNone2018-06-29T04:00:00Z0N/ASS1812Basic4Federal Tax Law Topic2018-06-29T04:00:00ZQAS Self StudyPremium: $0 | Professional: $98 | Basic: $124 | Nonmember: $1304Federal Tax Law Topic44TaxesNoneFederal Tax Law Topic4 CPE for AFSP, EA, CPA, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2018/IntroFixedAssets.pdfself study20182019-12-31T05:00:00Z
Self StudyIntroduction to Schedule C Self-Study<h3>Summary</h3> <p>This course is designed to help tax professionals who are new to sole proprietorship tax preparation. It focuses on individual income tax issues and the preparation of Schedule C, Profit or Loss From Business, and other major related forms. Schedule C (also known as Form 1040) is used to report income or loss from a business or profession practiced as a sole proprietor. Also covered are business vehicles, business use of home, and depreciation.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Determine whether a taxpayer’s activity is a hobby or a for-profit business venture.</li> <li>Identify types of income and expenses reported on Schedule C.</li> <li>Complete Schedule C.</li> <li>Complete Schedule SE, <i>Self-Employment Tax</i>.</li> <li>Determine the business use of a vehicle and the substantiation requirements.</li> <li>Determine whether a taxpayer should claim standard mileage or actual vehicle expenses.</li> <li>Identify the §179 expense election and limitations.</li> <li>Identify allowable depreciation methods, including MACRS, GDS, ADS, and bonus depreciation.</li> <li>Complete Form 4562, <i>Depreciation and Amortization</i>.</li> <li>Determine eligibility for a deduction for business use of the home.</li> <li>Complete Form 8829, <i>Expenses for Business Use of Your Home</i>.</li> </ul> <h3>Course Details</h3> <p>This course includes an e-book and exam questions to help you earn CPE. CPE is issued after the exam is successfully completed.</p>2018-04-01T04:00:00Z2018-12-31T05:00:00ZNone2018-06-01T04:00:00Z0N/ASS1813Basic8Federal Tax Law Topic2018-06-01T04:00:00ZQAS Self StudyPremium: $0 | Professional: $164 | Basic: $208 | Nonmember: $2198Federal Tax Law Topic88TaxesNoneFederal Tax Law Topic8 CPE for AFSP, EA, CPA, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2018/IntroSchCTextbook.pdfself study20182019-12-31T05:00:00Z
Self StudyIntroduction to Schedule D Self-Study<h3>Summary</h3> <p>A business goes through many ups and downs throughout the course of its life, and it is important to be able to help your client navigate through what they will need to provide in order for you to do your job effectively. With this course, you’ll gain a basic knowledge and understanding of Form 8949, Sales and Other Dispositions of Capital Assets, and Schedule D (Form 1040), Capital Gains and Losses, for individual taxpayers. The course covers issues such as determining the correct basis of an asset, the proper disposition of a capital asset and the tax treatment of capital gains and losses, including the net investment income tax and the §121 exclusion for gain on the sale of a principal residence.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify sales that are reported on Form 8949 and Schedule D.</li> <li>Calculate the adjusted basis of capital assets.</li> <li>Determine whether the holding period of an asset is short-term or long-term.</li> <li>Summarize the tax treatment of capital losses.</li> <li>Apply the appropriate tax rates to capital gains.</li> <li>Decide if the net investment income tax applies.</li> <li>Compute the §121 exclusion for the sale of a principal residence.</li> </ul> <h3>Course Details</h3> <p>This course includes an e-book and exam questions to help you earn CPE. CPE is issued after the exam is successfully completed.</p>2018-04-01T04:00:00Z2018-12-31T05:00:00ZNone2018-06-29T04:00:00Z0N/ASS1814Basic4Federal Tax Law Topic2018-06-29T04:00:00ZQAS Self StudyPremium: $0 | Professional: $98 | Basic: $124 | Nonmember: $1304Federal Tax Law Topic44TaxesNoneFederal Tax Law Topic4 CPE for AFSP, EA, CPA, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2018/IntroScheduleD.pdfself study20182019-12-31T05:00:00Z
Self StudyIntroduction to Schedule E Self-Study<h3>Summary</h3> <p>If your client earns rental income on a home or building they own, receives royalties or has income reported on a Schedule K-1 from a partnership or S corporation, you must prepare a Schedule E with their return. Schedule E (Form 1040), Supplemental Income and Loss, is for reporting residential rental income and expenses, as well as pass-through items from S corporations, partnerships, estates and trusts. With this course, you’ll gain a basic understanding of Schedule E.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify passive loss limitations and exceptions.</li> <li>Determine eligibility for the special $25,000 loss allowance. </li> <li>Recognize who meets the qualifications of a real estate professional. </li> <li>Summarize the treatment of current and suspended passive losses upon disposition of a passive activity.</li> <li>Apply the vacation home rules. </li> <li>Identify the type of activities reported on Schedule E.</li> <li>Identify and report rental income and allowable rental expenses.</li> <li>Determine the depreciable basis of property used in a rental activity.</li> <li>Interpret the information provided on Schedule K-1 and enter the information appropriately on Schedule E.</li> </ul> <h3>Course Details</h3> <p>This course includes an e-book and exam questions to help you earn CPE. CPE is issued after the exam is successfully completed.</p>2018-04-01T04:00:00Z2018-12-31T05:00:00ZNone2018-06-29T04:00:00Z0N/ASS1815Basic4Federal Tax Law Topic2018-06-29T04:00:00ZQAS Self StudyPremium: $0 | Professional: $98 | Basic: $124 | Nonmember: $1304Federal Tax Law Topic44TaxesNoneFederal Tax Law Topic4 CPE for AFSP, EA, CPA, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2018/IntroScheduleE.pdfself study20182019-12-31T05:00:00Z
Self StudyIntroduction to Schedule F Self-Study<h3>Summary</h3> <p>This course is great for preparers who have clients who earn a living as a self-employed farmer. You will learn how to properly prepare Schedule F, Profit or Loss from Farming, and other major related forms while focusing on individual income tax issues. The course also includes information about identifying hobby farms and material about the depreciation and accounting methods that have changed under the 2017 <i>Tax Cuts and Jobs Act</i> (TCJA).</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Complete Schedule F, <i>Profit or Loss From Farming</i>.</li> <li>Identify the unique timing of certain farm income and expenses.</li> <li>Identify the sources of income generated from farming operations.</li> <li>Differentiate between taxable and tax-exempt government program payments.</li> <li>Complete Schedule J, <i>Income Averaging for Farmers and Fishermen</i>.</li> <li>Identify the proper reporting of farm-related income on Form 4797, <i>Sales of Business Property</i>.</li> <li>Identify the allowable expenses and deductions for farmers.</li> <li>Compute the amount of farming loss allowed under the loss limitation rules.</li> <li>List the depreciation methods allowed for assets used in farming updated under TCJA.</li> <li>Differentiate between cash and accrual methods as related to farm income and expense reporting.</li> <li>Complete Schedule SE, <i>Self-Employment Tax</i>.</li> <li>Summarize how to report the income and expenses from a farming activity determined to be a hobby.</li> </ul> <h3>Course Details</h3> <p>This course includes an e-book and exam questions to help you earn CPE. CPE is issued after the exam is successfully completed.</p>2018-04-01T04:00:00Z2018-12-31T05:00:00ZNone2018-07-30T04:00:00Z0N/ASS1816Basic8Federal Tax Law Topic2018-07-30T04:00:00ZQAS Self StudyPremium: $0 | Professional: $164 | Basic: $208 | Nonmember: $2198Federal Tax Law Topic88TaxesNoneFederal Tax Law Topic8 CPE for AFSP, EA, CPA, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2018/IntroScheduleF.pdfself study20182019-12-31T05:00:00Z
Self StudyIntroduction to Tax Preparation Self-Study<h3>Summary</h3> <p>Are you just starting out in the tax industry and need help preparing your first returns? You've come to the right place. This course is great for those just starting their career and will cover the basics of tax with a step-by-step analysis of Form 1040 and certain accompanying schedules.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Correctly identify a taxpayer’s filing requirements and filing status.</li> <li>Determine who is eligible to be claimed as a dependent.</li> <li>Correctly report different types of income and adjustments to income.</li> <li>Compare itemized deductions and the standard deduction.</li> <li>Distinguish nonrefundable from refundable income tax credits.</li> <li>Calculate an individual tax client’s federal income tax liability.</li> <li>Complete Form 1040, Schedule A, and Schedule B.</li> </ul> <h3>Course Details</h3> <p>This course includes an e-book and exam questions to help you earn CPE. CPE is issued after the exam is successfully completed.</p>2018-04-01T04:00:00Z2018-12-31T05:00:00ZNone2018-07-11T04:00:00Z0N/ASS1817Basic0N/A2018-07-11T04:00:00ZQAS Self StudyPremium: $0 | Professional: $322 | Basic: $408 | Nonmember: $42916Federal Tax Law Topic1616TaxesNoneFederal Tax Law Topic16 CPE for AFSP, EA, CPA/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2018/IntroTaxPreparation.pdfself study20182019-12-31T05:00:00Z
Self StudyIntroduction to Trusts and Form 1041 Self-Study<h3>Summary</h3> <p>In this introductory self study course, you’ll gain a fundamental knowledge of trusts, including how and why various types of trusts are created, the rights and duties of the parties involved, and fiduciary income tax filing requirements. This course provides information on how to complete a basic income tax return for a trust by analyzing its income, deductions, and distributions during its existence and upon termination, including how to file Form 1041.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify the filing requirements for trusts.</li> <li>Recognize accounting periods available to trusts.</li> <li>Recognize accounting methods available to trusts.</li> <li>Calculate the appropriate estimated tax payments for a trust.</li> <li>Compute the basis of trust assets.</li> <li>Compute income in respect of a decedent.</li> <li>Distinguish between expenses that are subject to the 2%-of-AGI limitation and those that are not subject to the limit.</li> <li>Allocate deductions among income types.</li> <li>Summarize the tax effect of distributions made to beneficiaries and how income is allocated.</li> <li>Calculate distributable net income (DNI), fiduciary accounting income (FAI) and the income distribution deduction (IDD).</li> <li>Complete a basic Form 1041 and Schedule K-1, <i>Beneficiary’s Share of Income, Deductions, Credits, etc., for a trust</i>.</li> </ul> <h3>Course Details</h3> <p>This course includes an e-book and exam questions to help you earn CPE. CPE is issued after the exam is successfully completed.</p>2018-04-01T04:00:00Z2018-12-31T05:00:00ZNone2018-09-14T04:00:00Z0N/ASS1818Basic8Federal Tax Law Topic2018-09-14T04:00:00ZQAS Self StudyPremium: $0 | Professional: $164 | Basic: $208 | Nonmember: $2198Federal Tax Law Topic88TaxesNoneFederal Tax Law Topic8 CPE for AFSP, EA, CPA, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2018/IntroToTrustsAndForm1041.pdfself study20182019-12-31T05:00:00Z
Self StudyMedical Tax Issues Self-Study<h3>Summary</h3> <p>We've seen some major changes to tax law after the enactment of the <i>Tax Cuts and Jobs Act</i>, including in relation to medical tax issues many of your clients will face. With current uncertainty regarding health insurance and medical tax benefits not addressed in TCJA, taxpayers are looking for guidance. This course examines health savings accounts (HSAs), health flexible savings accounts (FSAs), health insurance premium reimbursements, health reimbursement accounts (HRAs) and the nondiscrimination rules for self-insured medical reimbursement plans. You'll also learn how to calculate and report the credit in various situations.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Determine if a taxpayer is eligible to make HSA contributions.</li> <li>Compute an eligible taxpayer’s HSA contribution limit when there is a change in circumstances.</li> <li>Report HSA contributions and distributions on Form 8889, <i>Health Savings Accounts (HSAs)</i>.</li> <li>Summarize health FSAs and how they impact HSA contributions.</li> <li>Determine when employers are subject to a penalty under §4980D for reimbursing health insurance premiums.</li> <li>List the tax benefits of an HRA.</li> <li>Summarize the tax effects of the <i>Affordable Care Act</i> on health FSAs and HRAs.</li> <li>File Form 720 to report the excise tax imposed on HRAs.</li> <li>Determine if a taxpayer is eligible to claim the premium tax credit.</li> <li>Compute the premium tax credit in different situations.</li> <li>Summarize the nondiscrimination rules for self-insured medical reimbursement plans.</li> </ul> <h3>Course Details</h3> <p>This course includes an e-book and exam questions to help you earn CPE. CPE is issued after the exam is successfully completed.</p>2018-04-01T04:00:00Z2018-12-31T05:00:00ZNone2018-08-15T04:00:00Z0N/ASS1821Intermediate4Federal Tax Law Topic2018-08-15T04:00:00ZQAS Self StudyPremium: $0 | Professional: $98 | Basic: $124 | Nonmember: $1304Federal Tax Law Topic44TaxesBasic knowledge of individual taxationFederal Tax Law Topic4 CPE for AFSP, EA, CPA, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2018/MedicalTaxIssues.pdfself study20182019-12-31T05:00:00Z
Self StudyMilitary Tax Issues Self-Study<h3>Summary</h3> <p>When working with a member of the military, there are special tax provisions that tax professionals must be aware of. This course will familiarize you with these provisions, such as income that is excludable for tax purposes as well as deductions they are entitled to. You will also identify scenarios when it would be beneficial to include their nontaxable income for the earned income tax credit (EITC) and be able to provide an overview of tax implications for military pensions and veteran’s benefits.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify military pay that can be excluded from income.</li> <li>Define the different types of military pay.</li> <li>Determine adjustments available to military personnel.</li> <li>Determine if nontaxable combat pay should be included in earned income for EITC purposes.</li> <li>Recognize special provisions related to excluding gain from the sale of a principle residence or foreclosures.</li> <li>Identify and apply for forgiveness of a decedent’s tax liability.</li> <li>Determine the deadlines applicable to military personnel.</li> <li>Determine the taxation of military pensions and veteran’s benefits.</li> </ul> <h3>Course Details</h3> <p>This course includes an e-book and exam questions to help you earn CPE. CPE is issued after the exam is successfully completed.</p>2018-04-01T04:00:00Z2018-12-31T05:00:00ZNone2018-07-11T04:00:00Z0N/ASS1822Basic2Federal Tax Law Topic2018-07-11T04:00:00ZQAS Self StudyPremium: $0 | Professional: $60 | Basic: $76 | Nonmember: $802Federal Tax Law Topic22TaxesNoneFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2018/MilitaryTaxIssues.pdfself study20182019-12-31T05:00:00Z
Self StudyPreparing C Corporation Returns Self-Study<h3>Summary</h3> <p>This introductory, hands-on course is for tax professionals looking to expand their practice by preparing C corporation returns. It is ideal for individuals who have never completed a Form 1120 before or have very limited experience. We will cover general tax aspects applicable to domestic C corporations, including line item explanations designed to aid in the preparation of Form 1120, U.S. Corporation Income Tax Return.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify the advantages and disadvantages of forming a C corporation.</li> <li>Identify the tax consequences of forming a C corporation.</li> <li>Determine if §351 applies and explain the reporting requirements.</li> <li>Recognize the importance of an engagement letter.</li> <li>Select a tax year and accounting method to ensure the least amount of tax.</li> <li>Complete a basic Form 1120, including Schedules J, L, M-1, and M-2.</li> <li>Summarize the dividends-received deduction.</li> <li>Identify requirements to file Form 1120, including the applicable due dates.</li> <li>Compute the shareholder’s stock basis in a C corporation.</li> <li>Summarize the taxation of distributions from a C corporation.</li> </ul> <h3>Course Details</h3> <p>This course includes an e-book and exam questions to help you earn CPE. CPE is issued after the exam is successfully completed.</p>2018-04-01T04:00:00Z2018-12-31T05:00:00ZNone2018-05-11T04:00:00Z0N/ASS1823Basic8Federal Tax Law Topic2018-05-11T04:00:00ZQAS Self StudyPremium: $0 | Professional: $164 | Basic: $208 | Nonmember: $2198Federal Tax Law Topic88TaxesNoneFederal Tax Law Topic8 CPE for AFSP, EA, CPA, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2018/PrepCCorpReturns.pdfself study20182019-12-31T05:00:00Z
Self StudyPreparing Partnership Returns Self-Study<h3>Summary</h3> <p>Are you looking to expand your practice by preparing partnership returns? This is a great course for you! We will cover the basics of partnership taxation and completing a partnership return with accompanying schedules. You'll also learn how to track partners’ basis in the partnership and the impact of partnership distributions.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify the advantages and disadvantages of forming a partnership.</li> <li>Identify the tax consequences of forming a partnership, including contributions of property or services.</li> <li>Analyze a partnership agreement and profit/loss allocations. </li> <li>Complete a basic Form 1065, including Schedules K, K-1, L, M-1 and M-2.</li> <li>Correctly report fringe benefits for partners, guaranteed payments, and separately stated items.</li> <li>Compute partnership net earnings (losses) for self-employment.</li> <li>Recognize items that increase or decrease partnership basis.</li> <li>Compute a partner’s end-of-year basis in a partnership.</li> <li>Determine which liabilities increase a partner’s at-risk basis.</li> <li>Analyze distributions from a partnership for tax reporting.</li> </ul> <h3>Course Details</h3> <p>This course includes an e-book and exam questions to help you earn CPE. CPE is issued after the exam is successfully completed.</p>2018-04-01T04:00:00Z2018-12-31T05:00:00ZNone2018-05-11T04:00:00Z0N/ASS1824Basic8Federal Tax Law Topic2018-05-11T04:00:00ZQAS Self StudyPremium: $0 | Professional: $164 | Basic: $208 | Nonmember: $2198Federal Tax Law Topic88TaxesNoneFederal Tax Law Topic8 CPE for AFSP, EA, CPA, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2018/PartnershipReturns.pdfself study20182019-12-31T05:00:00Z
Self StudyPreparing S Corporation Returns Self-Study<h3>Summary</h3> <p>Many small business owners file as S corporations to reduce taxes, so if you’re looking to add the preparation of S corporation returns to your business, or to simply get up to speed on the most common areas of S corporation taxation, this is the course for you! Receive the knowledge necessary to accurately prepare Form 1120S, U.S. Income Tax Return for an S Corporation, and the accompanying schedules.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>List the advantages and disadvantages of forming an S corporation.</li> <li>Identify businesses eligible to make the S election.</li> <li>Make an S election, including a late election.</li> <li>Choose a tax year and accounting method for an S corporation.</li> <li>Complete a basic Form 1120S, including Schedules K, K-1, L, M-1, and M-2.</li> <li>Identify income and expense items that differ for book and tax purposes.</li> <li>Determine amounts to pass-through and allocate to each shareholder.</li> <li>Identify separately stated items.</li> <li>Summarize the §179 expense rules for S corporations.</li> </ul> <h3>Course Details</h3> <p>This course includes an e-book and exam questions to help you earn CPE. CPE is issued after the exam is successfully completed.</p>2018-04-01T04:00:00Z2018-12-31T05:00:00ZNone2018-06-18T04:00:00Z0N/ASS1825Basic8Federal Tax Law Topic2018-06-18T04:00:00ZQAS Self StudyPremium: $0 | Professional: $164 | Basic: $208 | Nonmember: $2198Federal Tax Law Topic88TaxesNoneFederal Tax Law Topic8 CPE for AFSP, EA, CPA, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2018/PrepSCorpReturns.pdfself study20182019-12-31T05:00:00Z
Self StudyRetirement Plans for Small Businesses Self-Study<h3>Summary</h3> <p>This course examines the different retirement plans available to clients with small businesses and the tax reporting of each type. You’ll learn how to help taxpayers determine the best option for them and their employees, including those that offer current tax savings vs. tax benefits at distribution, and plans that require employers to match contributions.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify the features of SEPs, SIMPLE IRAs, and 401(k) plans.</li> <li>Calculate the maximum contribution for various types of retirement plans.</li> <li>Compute the deduction for various types of retirement plan contributions.</li> <li>Identify the employer’s responsibility for maintaining and funding retirement plans.</li> <li>Distinguish between the tax treatment of sole proprietors, partnerships, and corporations with regard to retirement plans.</li> </ul> <h3>Course Details</h3> <p>This course includes an e-book and exam questions to help you earn CPE. CPE is issued after the exam is successfully completed.</p>2018-04-01T04:00:00Z2018-12-31T05:00:00ZNone2018-08-15T04:00:00Z0N/ASS1826Basic2Federal Tax Law Topic2018-08-15T04:00:00ZQAS Self StudyPremium: $0 | Professional: $60 | Basic: $76 | Nonmember: $802Federal Tax Law Topic22TaxesNoneFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2018/RetirementPlansforSmallBusinesses.pdfself study20182019-12-31T05:00:00Z
Self StudySharing Economy Self-Study<h3>Summary</h3> <p>More and more taxpayers are using one of the many online platforms available to rent spare bedrooms, provide car rides or to connect and provide a number of other goods or services. By doing this, they are involved in what is called the “sharing (or gig) economy.” This course reviews the proper tax reporting of revenues earned and expenses incurred so to properly prepare a return for a client who participates in and generates income from these platforms.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify the type of rental income from web-based rental agencies such as Airbnb.</li> <li>Determine whether the rental income should be reported on Schedule C or Schedule E.</li> <li>Report rideshare income and allowable expenses from sources such as Über or Lyft on proper forms.</li> <li>Determine the class life and cost basis or basis percentage allocation for depreciation.</li> <li>Calculate vehicle expenses for shared economy businesses.</li> <li>Determine if estimated payments are necessary and the estimated payment amounts.</li> <li>Calculate home office expenses for shared economy businesses.</li> </ul> <h3>Course Details</h3> <p>This course includes an e-book and exam questions to help you earn CPE. CPE is issued after the exam is successfully completed.</p>2018-04-01T04:00:00Z2018-12-31T05:00:00ZNone2018-06-25T04:00:00Z0N/ASS1827Basic2Federal Tax Law Topic2018-06-25T04:00:00ZQAS Self StudyPremium: $0 | Professional: $60 | Basic: $76 | Nonmember: $802Federal Tax Law Topic22TaxesNoneFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2018/SharingEconomy.pdfself study20182019-12-31T05:00:00Z
Self StudyTax Impact of Having a Child Self-Study<h3>Summary</h3> <p>Clients with children require extra attention as there are a variety of tax issues involving children ranging in age from 0 to 27. Topics include examining tax credits available to taxpayers with dependent children (including the expanded child tax credit); determining whether a dependency exemption is allowed or allowable (even though the deduction is zero after 2017); determining how the modified kiddie tax rules impact parents and children; allocating health insurance from the marketplace to nondependent children under age 27; and claiming tax benefits for qualified education expenses.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Determine which taxpayer is allowed the dependency exemption for a child.</li> <li>Identify when a child is subject to kiddie tax, which tax rate applies and how it is reported.</li> <li>Determine how inheritance or court settlements impact a child’s reporting requirements.</li> <li>Summarize the tax credits available to taxpayers with dependent children.</li> <li>Analyze the expanded child tax credit, including the new $500 nonrefundable credit.</li> <li>Determine how to allocate health insurance for family coverage from the Marketplace to a nondependent child under 27.</li> <li>Summarize the requirements to claim education credits.</li> <li>Determine the tax consequences of distributions from qualified tuition programs (§529 plans).</li> </ul> <h3>Course Details</h3> <p>This course includes an e-book and exam questions to help you earn CPE. CPE is issued after the exam is successfully completed.</p>2018-04-01T04:00:00Z2018-12-31T05:00:00ZNone2018-09-14T04:00:00Z0N/ASS1828Intermediate4Federal Tax Law Topic2018-09-14T04:00:00ZQAS Self StudyPremium: $0 | Professional: $98 | Basic: $124 | Nonmember: $1304Federal Tax Law Topic44TaxesBasic knowledge of individual taxationFederal Tax Law Topic4 CPE for AFSP, EA, CPA, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2018/TaxImpactOfHavingAChild.pdfself study20182019-12-31T05:00:00Z
Self StudyTax Issues for Seniors Self-Study<h3>Summary</h3> <p>Taxpayers of all ages come to you for your expertise. But do you know how to properly prepare returns for those older taxpayers? This course will help you conquer the struggles of completing an elderly taxpayer's individual income tax return and ensure nothing is forgotten, overlooked or misinterpreted, because, as you know, these clients are just as important as any of your other clients.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Evaluate certain credits and deductions that elderly taxpayers may claim.</li> <li>Report long-term care expenses and insurance proceeds.</li> <li>Determine the taxable amount of various payments received in retirement.</li> <li>Solve unique problems when receiving social security benefits.</li> <li>Identify tax benefits children may claim for elderly parents.</li> <li>Summarize the rules for required minimum distributions from inherited IRAs.</li> <li>List the advantages and disadvantages of life estates.</li> </ul> <h3>Course Details</h3> <p>This course includes an e-book and exam questions to help you earn CPE. CPE is issued after the exam is successfully completed.</p>2018-04-01T04:00:00Z2018-12-31T05:00:00ZNone2018-08-15T16:00:00Z0N/ASS1829Intermediate4Federal Tax Law Topic2018-08-15T04:00:00ZQAS Self StudyPremium: $0 | Professional: $98 | Basic: $124 | Nonmember: $1304Federal Tax Law Topic44TaxesBasic knowledge of individual taxationFederal Tax Law Topic4 CPE for AFSP, EA, CPA, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2018/TaxIssuesForSeniors.pdfself study20182019-12-31T05:00:00Z
Self StudyThe Final 1040 and Estate Returns Self-Study<h3>Summary</h3> <p>This course explains the basic rules for preparing a decedent’s final personal income tax return after they have passed, the income tax rules governing a decedent’s estate and the federal estate tax return. Examples illustrating these rules when preparing Form 1040, 1041 and 706 are presented throughout the text.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Correctly allocate the amount of income, deductions and credits on a final Form 1040.</li> <li>Utilize a decedent’s net operating loss (NOL), capital loss carryovers, passive losses and other tax attributes on the final Form 1040 to minimize tax.</li> <li>Identify forms needed to finish a decedent’s final return.</li> <li>Calculate distributable net income, fiduciary accounting income and the income distribution deduction in compliance with both tax law and the governing document.</li> <li>Calculate income in respect of a decedent in compliance with both tax law and the governing document.</li> <li>Identify required documents and forms for completing Form 1041 for an estate.</li> <li>Identify what is required to treat a revocable trust as part of an estate.</li> <li>Determine if the estate should make an election to treat a revocable trust as part of the estate in order to minimize tax.</li> <li>Accurately report estate interest, dividend, capital gain and miscellaneous income so the beneficiaries can accurately prepare their individual tax returns.</li> <li>Identify the most appropriate form (Form 706 vs. Form 1041) for reporting a decedent’s deductible expenses in order to minimize the decedent’s overall tax burden.</li> <li>Accurately complete Form 706 to use the portability exclusion.</li> <li>Distinguish differences in estate tax rules between a resident and nonresident estate.</li> </ul> <h3>Course Details</h3> <p>This course includes an e-book and exam questions to help you earn CPE. CPE is issued after the exam is successfully completed.</p>2018-04-01T04:00:00Z2018-12-31T05:00:00ZObtain copies of Form 1041 and 706 and have the forms available to reference2018-10-11T04:00:00Z0N/ASS1831Intermediate16Federal Tax Law Topic2018-10-11T04:00:00ZQAS Self StudyPremium: $0 | Professional: $322 | Basic: $408 | Nonmember: $42916Federal Tax Law Topic1616TaxesBasic knowledge of individual income taxFederal Tax Law Topic16 CPE for AFSP, EA, CPA, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2018/Final1040andEstateReturns.pdfself study20182019-12-31T05:00:00Z
Self StudyWorking Abroad and Form 2555 Self-Study<h3>Summary</h3> <p>If you have a client who works and receives income from that work in another country, you must be careful of double taxation, meaning paying taxes twice on the same source of earned income. This comprehensive course explores the tax implications of working abroad and introduces the forms needed to file the taxpayer’s return correctly. In an effort to mitigate potential double taxation, §911 provides a foreign earned income exclusion and a foreign housing deduction or exclusion to qualifying taxpayers. Form 2555, Foreign Earned Income, calculates these exclusions. We'll cover all of these forms, and more, in this course.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Determine if a taxpayer qualifies for the foreign earned income exclusion and the foreign housing deduction or exclusion.</li> <li>Differentiate between the foreign housing deduction and exclusion.</li> <li>Identify Social Security issues and self-employment issues related to working abroad.</li> <li>Summarize how totalization agreements and tax treaties with foreign countries impact the taxpayer.</li> <li>Prepare Form 2555, <i>Foreign Earned Income</i>, to determine the appropriate foreign income exclusion for the taxpayer. </li> </ul> <h3>Course Details</h3> <p>This course includes an e-book and exam questions to help you earn CPE. CPE is issued after the exam is successfully completed.</p>2018-04-01T04:00:00Z2018-12-31T05:00:00ZNone2018-07-30T04:00:00Z0N/ASS1832Basic2Federal Tax Law Topic2018-07-30T04:00:00ZQAS Self StudyPremium: $0 | Professional: $60 | Basic: $76 | Nonmember: $802Federal Tax Law Topic22TaxesNoneFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2018/WorkingAbroadAndForm2555.pdfself study20182019-12-31T05:00:00Z
On-Demand WebinarTax Reporting for Illegal Activities (Cannabis) On-Demand Webinar<h3>Summary</h3> <p>U.S. taxpayers are subject to tax on their worldwide income, even including income from illegal activities such as cannabis production and dispensing. Many states have legalized cannabis, but in 1972, the federal government classified cannabis as a controlled substance by placing it in Schedule I of the Controlled Substance Act. This is still where it remains today. This webinar covers precisely how an illegal activity such as cannabis production and dispensing is accounted for and reported for tax purposes.</p> <iframe src="https://fast.wistia.net/embed/iframe/dky514vxsh" title="Wistia video player" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" allowfullscreen mozallowfullscreen webkitallowfullscreen oallowfullscreen msallowfullscreen width="640" height="360"></iframe> <script src="https://fast.wistia.net/assets/external/E-v1.js" async></script> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Define gross income for an illegal activity.</li> <li>Define total revenue for an illegal activity.</li> <li>Describe the treatment of expenses for an illegal activity.</li> <li>Distinguish between treatment of production activities on Schedule C or Schedule F.</li> </ul> <h3>Course Details</h3> <p>This webinar includes the presentation slides, exam questions, live webinar recording with review questions, and Attendee Top Questions. CPE is issued after exam is successfully completed.</p>2018-04-20T04:00:00Z2019-12-31T05:00:00ZNone2018-04-01T04:00:00Z0N/AODW1807Basic1Federal Tax Law Topic2018-04-20T04:00:00ZQAS Self StudyPremium: $0 | Professional: $30 | Basic: $38 | Nonmember: $401Federal Tax Law Topic11TaxesNoneLaura Strombom, EA, MBA, NTPI Fellowhttps://www.natptax.com/EventsAndEducation/About/Pages/Laura-Strombom,-EA-MBA-NTPI-Fellow.aspxFederal Tax Law Topic1 CPE for AFSP, EA, CPA, CRTPon-demand webinar20182019-12-31T05:00:00Z
On-Demand WebinarBasic Partnerships On-Demand Webinar<h3>Summary</h3> <p> This is the first of a three-part webinar about the taxation of partnerships. In this beginning session we will review how to best-determine and select your entity type, the basic taxation rules of partnerships and partners, and income and expenses of partnerships (including depreciation). We'll finish the webinar by showing you how to complete a simple Form 1065, which is used by partnerships to provide information applicable to entities, individuals and estates that own an interest of 50 percent or more in the profit, loss or capital of the partnership.</p> <iframe src="https://fast.wistia.net/embed/iframe/ryawecc3lf" title="Wistia video player" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" allowfullscreen mozallowfullscreen webkitallowfullscreen oallowfullscreen msallowfullscreen width="640" height="360"></iframe> <script src="https://fast.wistia.net/assets/external/E-v1.js" async></script> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify the types of entities that file Form 1065, <i>U.S. Return of Partnership Income</i>.</li> <li>Describe the taxation of partnership.</li> <li>Correctly report income of a partnership.</li> <li>Correctly report expenses of a partnership.</li> <li>Correctly calculate depreciation of assets used in a partnership.</li> <li>Complete a simple Form 1065, <i>U.S. Return of Partnership Income</i>.</li> </ul> <h3>Course Details</h3> <p>This webinar includes the presentation slides, exam questions, live webinar recording with review questions, and Attendee Top Questions. CPE is issued after exam is successfully completed.</p>2018-05-01T04:00:00Z2019-12-31T05:00:00ZNone2018-04-01T04:00:00Z0N/AODW1808Basic2Federal Tax Law Topic2018-05-01T04:00:00ZQAS Self StudyPremium: $0 | Professional: $60 | Basic: $76 | Nonmember: $802Federal Tax Law Topic22TaxesNoneJaye Tritz, EA, CFP®https://www.natptax.com/EventsAndEducation/About/Pages/JayeETritz,EA,CFP®.aspxFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPon-demand webinar20182019-12-31T05:00:00Z
On-Demand WebinarTaxes for Athletes, Entertainers and Other Multi-State Clients On-Demand Webinar<h3>Summary</h3> <p>Athletes, musicians and performers are just a few examples of clients you may have who receive income from several states. This also requires knowing the different nuances of preparing returns for clients with income from several states. Another common factor among these types of clients is they own intellectual property, which requires knowledge of another set of tax laws and regulations. Completing tax returns for these types of clients can be time consuming, but after this webinar, you will know how to prepare their federal returns with ease.</p> <iframe src="https://fast.wistia.net/embed/iframe/az4oi7x8hx" title="Wistia video player" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" allowfullscreen mozallowfullscreen webkitallowfullscreen oallowfullscreen msallowfullscreen width="640" height="360"></iframe> <script src="https://fast.wistia.net/assets/external/E-v1.js" async></script> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Correctly report income from multiple states.</li> <li>Identify pitfalls related to worldwide income.</li> <li>Correctly report royalty income.</li> <li>Correctly report income from patents.</li> <li>Correctly report expenses for creative taxpayers.</li> </ul> <h3>Course Details</h3> <p>This webinar includes the presentation slides, exam questions, live webinar recording with review questions, and Attendee Top Questions. CPE is issued after exam is successfully completed.</p>2018-05-08T04:00:00Z2019-12-31T05:00:00ZNone2018-04-01T04:00:00Z0N/AODW1809Basic2Federal Tax Law Topic2018-05-08T04:00:00ZQAS Self StudyPremium: $0 | Professional: $60 | Basic: $76 | Nonmember: $802Federal Tax Law Topic22TaxesNoneBetty Stehman, CPA, CIAhttps://www.natptax.com/EventsAndEducation/About/Pages/BettyStehman,CPA,CIA,CSA.aspxFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPon-demand webinar20182019-12-31T05:00:00Z
On-Demand WebinarShared Economy On-Demand Webinar<h3>Summary</h3> <p>The rise in popularity of shared economy services, such as Airbnb, Uber, Lyft, TaskRabbit, and other online platforms used to rent spare bedrooms, provide car rides, or connect and provide any number of other goods or services, has led tax preparers to inevitably have many questions regarding filing. In general, these types of services allow taxpayers the ability to use technology to generate revenue through the use of their homes, cars, or themselves. However, any revenue received translates to taxable income. This webinar reviews the proper tax reporting of revenues earned and expenses incurred while providing shared economy services.</p> <iframe src="https://fast.wistia.net/embed/iframe/0ks3tnntu5" title="Wistia video player" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" allowfullscreen mozallowfullscreen webkitallowfullscreen oallowfullscreen msallowfullscreen width="640" height="360"></iframe> <script src="https://fast.wistia.net/assets/external/E-v1.js" async></script> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Correctly report income from shared economy businesses.</li> <li>Correctly report independent contractor income.</li> <li>Correctly report rental income versus vacation home income. </li> <li>Identify expenses related to shared economy income.</li> <li>Calculate vehicle expenses for shared economy businesses.</li> <li>Calculate home office expenses for shared economy businesses.</li> </ul> <h3>Course Details</h3> <p>This webinar includes the presentation slides, exam questions, live webinar recording with review questions, and Attendee Top Questions. CPE is issued after exam is successfully completed.</p>2018-05-15T04:00:00Z2019-12-31T05:00:00ZNone2018-04-01T04:00:00Z0N/AODW1810Intermediate2Federal Tax Law Topic2018-05-15T04:00:00ZQAS Self StudyPremium: $0 | Professional: $60 | Basic: $76 | Nonmember: $802Federal Tax Law Topic22TaxesKnowledge of Federal Income TaxRandy Adams, EAhttps://www.natptax.com/EventsAndEducation/About/Pages/Randy-Adams.aspxFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPon-demand webinar20182019-12-31T05:00:00Z
On-Demand WebinarTax Impact of Children On-Demand Webinar<h3>Summary</h3> <p> We love our children, but wow, are they expensive! Thank goodness the federal government provides a little help in the form of a tax credit. This webinar explores a variety of tax issues surrounding children from birth to high school graduation such as dependency exemptions, kiddie tax, child and dependent care credit, household employees, the child tax credit and earned income tax credit.</p> <iframe src="https://fast.wistia.net/embed/iframe/05o5vjlcf0" title="Wistia video player" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" allowfullscreen mozallowfullscreen webkitallowfullscreen oallowfullscreen msallowfullscreen width="640" height="360"></iframe> <script src="https://fast.wistia.net/assets/external/E-v1.js" async></script> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Evaluate dependency of children.</li> <li>Identify deductions and credits available to taxpayers with dependent children.</li> <li>Correctly calculate credits available to taxpayers with dependent children.</li> <li>Correctly apply the kiddie tax rules to taxpayers.</li> <li>Correctly report household employee income.</li> </ul> <h3>Course Details</h3> <p>This webinar includes the presentation slides, exam questions, live webinar recording with review questions, and Attendee Top Questions. CPE is issued after exam is successfully completed.</p>2018-06-05T04:00:00Z2019-12-31T05:00:00ZNone2018-04-01T04:00:00Z0N/AODW1812Basic2Federal Tax Law Topic2018-06-05T04:00:00ZQAS Self StudyPremium: $0 | Professional: $60 | Basic: $76 | Nonmember: $802Federal Tax Law Topic22TaxesNoneLes Marti, EAhttps://www.natptax.com/EventsAndEducation/About/Pages/Les-Marti.aspxFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPon-demand webinar20182019-12-31T05:00:00Z
On-Demand WebinarIntermediate Partnerships On-Demand Webinar<h3>Summary</h3> <p>This is the second of a three-part webinar about the taxation of business partnerships. In this session, we will review the two types of tax bases concerning partnerships (inside and outside), the treatment of contributions and distributions such as property or cash, as well as the treatment of vehicles used in the partnership, whether it was used for business or personal journeys. You'll end the webinar by completing a more complex partnership return that will confirm you know how to report gains, losses, deductions, etc., from the operation of a partnership.</p> <iframe src="https://fast.wistia.net/embed/iframe/2wd6dty0oi" title="Wistia video player" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" allowfullscreen mozallowfullscreen webkitallowfullscreen oallowfullscreen msallowfullscreen width="640" height="360"></iframe> <script src="https://fast.wistia.net/assets/external/E-v1.js" async></script> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Correctly calculate inside basis.</li> <li>Correctly calculate outside basis.</li> <li>Analyze effects of contributions to partnerships.</li> <li>Analyze effects of distributions from partnerships.</li> <li>Analyze the treatment of vehicle expenses.</li> <li>Correctly complete an intermediate Form 1065, <i>U.S. Return of Partnership Income</i>.</li> </ul> <h3>Course Details</h3> <p>This webinar includes the presentation slides, exam questions, live webinar recording with review questions, and Attendee Top Questions. CPE is issued after exam is successfully completed.</p>2018-06-12T04:00:00Z2019-12-31T05:00:00ZNone2018-04-01T04:00:00Z0N/AODW1813Intermediate2Federal Tax Law Topic2018-06-12T04:00:00ZQAS Self StudyPremium: $0 | Professional: $60 | Basic: $76 | Nonmember: $802Federal Tax Law Topic22TaxesKnowledge of Federal Income TaxJaye Tritz, EAhttps://www.natptax.com/EventsAndEducation/About/Pages/JayeETritz,EA,CFP®.aspxFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPon-demand webinar20182019-12-31T05:00:00Z
On-Demand WebinarS Corporations 101 On-Demand Webinar<h3>Summary</h3> <p>Many taxpayers use S corporations to reduce taxes. Tax professionals who are familiar with individual tax returns can find preparation of their first S corporation tax return daunting. As a first-time S corporation tax preparer, you will likely have a lot of questions – how is an S corporation identified? What are eligibility requirements? What are common forms needed for preparing an S corporation return? How do I determine total assets? This course is perfect for tax professionals looking to add the preparation of S corporation returns to their business.</p> <iframe src="https://fast.wistia.net/embed/iframe/fflry76khr" title="Wistia video player" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" allowfullscreen mozallowfullscreen webkitallowfullscreen oallowfullscreen msallowfullscreen width="640" height="360"></iframe> <script src="https://fast.wistia.net/assets/external/E-v1.js" async></script> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Describe the requirements for S corporations.</li> <li>Describe the taxation of an S corporation.</li> <li>Correctly report income of an S corporation.</li> <li>Correctly report expenses of an S corporation.</li> <li>Complete a simple Form 1120S, <i>U.S. Income Tax Return for an S Corporation</i>. </li> </ul> <h3>Course Details</h3> <p>This webinar includes the presentation slides, exam questions, live webinar recording with review questions, and Attendee Top Questions. CPE is issued after exam is successfully completed.</p>2018-06-19T04:00:00Z2019-12-31T05:00:00ZNone2018-04-01T04:00:00Z0N/AODW1814Basic2Federal Tax Law Topic2018-06-19T04:00:00ZQAS Self StudyPremium: $0 | Professional: $60 | Basic: $76 | Nonmember: $802Federal Tax Law Topic22TaxesNoneRandy Lawshé, EAhttps://www.natptax.com/EventsAndEducation/About/Pages/RandyLawshé,EA.aspxFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPon-demand webinar20182019-12-31T05:00:00Z
On-Demand WebinarThe Tax Consequences of Legal Settlements On-Demand Webinar<h3>Summary</h3> <p>Lawsuits can create a stressful situation for your client - no matter whether they're the ones doing the suing or being sued. If they walk away with a check, it is your job as their tax preparer to determine if the amounts are taxable. The first step to determining this is to figure out if any of the lawsuit or settlement proceeds constituted punitive damages. More often than not, all punitive damages are taxable whether received in relation to a physical or non-physical injury or sickness. During this webinar we will address how to make this determination, as well as where you can deduct the legal fees incurred by your client.</p> <iframe src="https://fast.wistia.net/embed/iframe/10uxy4yrw9" title="Wistia video player" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" allowfullscreen mozallowfullscreen webkitallowfullscreen oallowfullscreen msallowfullscreen width="640" height="360"></iframe> <script src="https://fast.wistia.net/assets/external/E-v1.js" async></script> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Determine whether a settlement is taxable.</li> <li>Identify when a settlement is not taxable.</li> <li>Accurately deduct legal fees.</li> </ul> <h3>Course Details</h3> <p>This webinar includes the presentation slides, exam questions, live webinar recording with review questions, and Attendee Top Questions. CPE is issued after exam is successfully completed.</p>2018-07-10T04:00:00Z2019-12-31T05:00:00ZNone2018-04-01T04:00:00Z0N/AODW1816Basic1Federal Tax Law Topic2018-07-30T04:00:00ZQAS Self StudyPremium: $0 | Professional: $30 | Basic: $38 | Nonmember: $401Federal Tax Law Topic11TaxesNoneGenaro Cardaropoli, CPAhttps://www.natptax.com/EventsAndEducation/About/Pages/GenaroCardaropoliCPA.aspxFederal Tax Law Topic1 CPE for AFSP, EA, CPA, CRTPon-demand webinar20182019-12-31T05:00:00Z
On-Demand WebinarUnderstanding Homeowners Associations On-Demand Webinar<h3>Summary</h3> <p>Homeowners associations (HOAs) are becoming more popular in expanding cities as homeowners look to settle down in a community-minded environment. As exempt organizations, HOAs have unique filing requirements, and it is up to you to determine whether or not your client's HOA will need to file. For example, at least 85 percent of units must be used as residential and at least 90 percent of expenses must go to support operation and maintenance of the association property. We will review the other requirements for HOAs, types of entities that can elect to be treated as HOAs and the filing requirements for them in this webinar.</p> <iframe src="https://fast.wistia.net/embed/iframe/gca5znls16" title="Wistia video player" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" allowfullscreen mozallowfullscreen webkitallowfullscreen oallowfullscreen msallowfullscreen width="640" height="360"></iframe> <script src="https://fast.wistia.net/assets/external/E-v1.js" async></script> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Describe the requirements of homeowners associations.</li> <li>Identify the elections and entities available for homeowners associations.</li> <li>Correctly file returns required of homeowners associations.</li> </ul> <h3>Course Details</h3> <p>This webinar includes the presentation slides, exam questions, live webinar recording with review questions, and Attendee Top Questions. CPE is issued after exam is successfully completed.</p>2018-07-17T04:00:00Z2019-12-31T05:00:00ZNone2018-04-01T04:00:00Z0N/AODW1817Intermediate1Federal Tax Law Topic2018-07-17T04:00:00ZQAS Self StudyPremium: $0 | Professional: $30 | Basic: $38 | Nonmember: $401Federal Tax Law Topic11TaxesKnowledge of Federal Income TaxLawrence Zimbler, MST, EAhttps://www.natptax.com/EventsAndEducation/About/Pages/LawrenceZimbler,MST,EA.aspxFederal Tax Law Topic1 CPE for AFSP, EA, CPA, CRTPon-demand webinar20182019-12-31T05:00:00Z
On-Demand WebinarTax Issues of Divorce On-Demand Webinar<h3>Summary</h3> <p>Divorce is a life-changing event for your client and you'll want to be prepared to make the transition as smooth as possible. There are a number of tax issues you will need to account for when preparing to file their returns. In addition to whether a payment is alimony or child support, there are other issues tax professionals should know about. For example, when children are involved, it can be tricky to determine which taxpayer can claim an exemption for a child. What about their home? If one spouse moves out, do they still qualify for a 121 exclusion? Being prepared when clients come to you in the midst of divorce can alleviate some tax filing problems. This webinar will address issues your clients may face after a divorce has been finalized.</p> <iframe src="https://fast.wistia.net/embed/iframe/q5uz5ll025" title="Wistia video player" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" allowfullscreen mozallowfullscreen webkitallowfullscreen oallowfullscreen msallowfullscreen width="640" height="360"></iframe> <script src="https://fast.wistia.net/assets/external/E-v1.js" async></script> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify how to determine filing status for divorced clients.</li> <li>Describe how children are treated for divorced clients.</li> <li>Identify the treatment of the property of divorced clients.</li> <li>Identify planning techniques available to clients during a divorce.</li> </ul> <h3>Course Details</h3> <p>This webinar includes the presentation slides, exam questions, live webinar recording with review questions, and Attendee Top Questions. CPE is issued after exam is successfully completed.</p>2018-07-24T04:00:00Z2019-12-31T05:00:00ZNone2018-04-01T04:00:00Z0N/AODW1818Basic2Federal Tax Law Topic2018-08-15T04:00:00ZQAS Self StudyPremium: $0 | Professional: $60 | Basic: $76 | Nonmember: $802Federal Tax Law Topic22TaxesNoneKelly C Lent-Paul, EA, CFP®https://www.natptax.com/EventsAndEducation/About/Pages/KellyCLentPaul.aspxFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPon-demand webinar20182019-12-31T05:00:00Z

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