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

 

 

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. To mitigate potential double taxation, §911 provides a foreign earned income exclusion and a foreign housing deduction or exclusion to qualifying taxpayers. Form 2555, <i>Foreign Earned Income</i>, calculates these exclusions. You’ll learn 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>2019-02-01T11:00:00Z2021-01-01T05:00:00ZNone2019-02-01T11:00:00Z0N/ASS1932Basic2Federal Tax Law Topic2019-02-01T05:00:00ZQAS 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/2019/WorkingAbroadAndForm2555TOC.pdfself study20192021-01-01T05:00:00Z
On-Demand WebinarUnderstanding Employee vs. Contractor Designation On-Demand Webinar<h3>Summary</h3> <p>In this webinar, we’ll discuss the differences between independent contractors and employees, learn how to correct a misclassification of an employee and apply the theory of independent contractor vs. employee to various occupations. Misclassification of workers is something the IRS watches closely, so it’s critical to have your clients properly identified.</p> <iframe src="https://fast.wistia.net/embed/iframe/ykxtyzzupf" title="Classification Video" 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>Distinguish between an independent contractor and an employee.</li> <li>Calculate penalties for misclassifying workers.</li> <li>Identify when to use Form SS-8, <i>Determination of Worker Status for Purposes of Federal Employment Taxes and Income Tax Withholding</i>.</li> <li>Apply rules to taxpayers in various specialty occupations.</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>2019-02-15T05:00:00Z2019-12-31T05:00:00ZNone2019-02-15T05:00:00Z0N/AODW1910Intermediate2Federal Tax Law Topic2019-05-30T04:00:00ZQAS Self StudyPremium: $0 | Professional: $60 | Basic: $76 | Nonmember: $802Federal Tax Law Topic22TaxesKnowledge of Federal Income TaxA.J. Reynolds, EAFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPon-demand webinar20192021-01-01T05:00:00Z
On-Demand WebinarPrimary Residence Tax Transactions On-Demand Webinar<h3>Summary</h3> <p>Some taxpayers will live in and use their primary residence solely as their personal property, but some choose to rent it out or convert part of their house into a home office. There are certain tax implications that come along with these changes including how to determine the gain and loss on the sale of a primary residence converted to rental property. This webinar will go through how to determine if the Section 121 exclusion is available to your client, how to calculate the correct amount that can be excluded and how to use a Section 1031 exchange on the depreciation recapture for a home office.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Calculate the gain or loss on a primary residence converted to a rental property.</li> <li>Determine if capital gain on the sale of a residence can be excluded under §121.</li> <li>Calculate the available §121 exclusion on a previously rented primary residence.</li> <li>Review Form 8949 for the sale of a primary residence.</li> <li>Analyze Form 4797 for the sale of a primary residence with business use.</li> <li>Utilize a §1031 exchange for a primary residence with a home office.</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>2019-02-15T05:00:00Z2019-12-31T05:00:00ZNone2019-02-15T05:00:00Z0N/AODW1929Intermediate2Federal Tax Law Topic2019-11-07T05:00:00ZQAS Self StudyPremium: $0 | Professional: $60 | Basic: $76 | Nonmember: $802Federal Tax Law Topic22TaxesKnowledge of Federal Income TaxRandy Lawshé, EAhttps://www.natptax.com/EventsAndEducation/About/Pages/RandyLawshé,EA.aspxFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPon-demand webinar20192021-01-01T05:00:00Z
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 WebinarDeducting Medical Expenses On-Demand Webinar<h3>Summary</h3> <p>You already know what to do for the typical medical expense deductions for doctors' visits, but what about your client who has a child taking music lessons to help them with focusing — can you take a medical deduction for that? How about the nursing home expenses your client is paying for their elderly parent? In this Deducting Medical Expenses webinar, you'll learn how to navigate situations similar to these that you might not encounter in your everyday tax preparation. You'll also learn more about how to classify and deduct funds in health savings accounts and health reimbursement accounts, as well as the current status of the <i>Affordable Care Act</i>.</p> <iframe src="https://fast.wistia.net/embed/iframe/wb2j8lywsk" 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 qualified medical expenses.</li> <li>Calculate the deduction for qualified medical expenses.</li> <li>Describe health savings accounts (HSAs).</li> <li>Describe health reimbursement accounts (HRAs).</li> <li>Summarize the current status of the <i>Affordable Care Act</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>2018-09-25T04:00:00Z2019-12-31T05:00:00ZNone2018-04-01T04:00:00Z0N/AODW1825Basic2Federal Tax Law Topic2018-09-25T04:00:00ZQAS Self StudyPremium: $0 | Professional: $60 | Basic: $76 | Nonmember: $802Federal Tax Law Topic22TaxesNoneLawrence Zimbler, MST, EAhttps://www.natptax.com/EventsAndEducation/About/Pages/LawrenceZimbler,MST,EA.aspxFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPon-demand webinar20182019-12-31T05:00:00Z
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, <i>Profit or Loss from Farming</i>, 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>2019-02-01T11:00:00Z2021-01-01T05:00:00ZNone (NATP's Introduction to Tax Preparation is helpful, but not required)2019-02-01T05:00:00Z0N/ASS1916Basic8Federal Tax Law Topic2019-02-28T05:00:00ZQAS 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/2019/IntroScheduleFTOC.pdfself study20192021-01-01T05:00:00Z
WebinarPrimary Residence Tax Transactions Webinar<h3>Summary</h3> <p>Some taxpayers will live in and use their primary residence solely as their personal property, but some choose to rent it out or convert part of their house into a home office. There are certain tax implications that come along with these changes including how to determine the gain and loss on the sale of a primary residence converted to rental property. This webinar will go through how to determine if the Section 121 exclusion is available to your client, how to calculate the correct amount that can be excluded and how to use a Section 1031 exchange on the depreciation recapture for a home office.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Calculate the gain or loss on a primary residence converted to a rental property.</li> <li>Determine if capital gain on the sale of a residence can be excluded under §121.</li> <li>Calculate the available §121 exclusion on a previously rented primary residence.</li> <li>Review Form 8949 for the sale of a primary residence.</li> <li>Analyze Form 4797 for the sale of a primary residence with business use.</li> <li>Utilize a §1031 exchange for a primary residence with a home office.</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>2019-02-15T05:00:00Z2019-12-31T05:00:00ZNone2019-02-15T05:00:00Z2019-02-15T05:00:00Z2019-02-15T05:00:00Z0N/AWEB1952Intermediate2Federal Tax Law Topic2019-10-23T04:00:00Z2019-10-24T04:00:00Z2019-11-07T05:00:00ZGroup Internet BasedPremium: $0 | Professional: $60 | Basic: $76 | Nonmember: $802Federal Tax Law Topic22TaxesKnowledge of Federal Income TaxRandy Lawshé, EAhttps://www.natptax.com/EventsAndEducation/About/Pages/RandyLawshé,EA.aspxFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPlive webinar20192019-10-23T17:00:00Z2019-10-24T13:00:00Z2019-11-07T05:00:00Z
On-Demand WebinarPenalty Abatement On-Demand Webinar<h3>Summary</h3> <p>During this webinar, attorney Eric Green will walk you through the various options when it comes to seeking penalty abatement, including “First-Time” abatement, building and documenting a reasonable cause argument, and utilizing leverage during an audit or appeal to negotiate the penalties.</p> <iframe src="https://fast.wistia.net/embed/iframe/lhryyhoqke" title="Defenses Video" 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>Explain the various types of penalties.</li> <li>Describe the options for having penalties abated.</li> <li>Explain the mechanics of seeking penalty abatement with the IRS.</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>2019-02-15T05:00:00Z2019-12-31T05:00:00ZNone2019-02-15T05:00:00Z0N/AODW1913Intermediate1Federal Tax Law Topic2019-06-05T04:00:00ZQAS Self StudyPremium: $0 | Professional: $30 | Basic: $38 | Nonmember: $401Federal Tax Law Topic11TaxesKnowledge of Federal Income TaxEric L. Green, ESQFederal Tax Law Topic1 CPE for AFSP, EA, CPA, CRTPon-demand webinar20192021-01-01T05:00:00Z
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 StudyAlternative Minimum Tax (AMT) Self-Study<h3>Summary</h3> <p>Alternative minimum tax (AMT) is a tax originally put in place to prevent the wealthy from reducing their tax bill through certain deductions. The intent was to keep income tax at a reasonable rate for each taxpayer at their income level, however, because the AMT exemption amount has not kept up with the cost of living, this tax has crept down and now impacts those in lower income tax brackets. This course will focus on AMT adjustments and teach you how to complete the necessary forms for working with AMT.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify AMT adjustment and preference items.</li> <li>Distinguish between temporary and permanent AMT adjustments.</li> <li>Determine the tax consequences for regular tax and AMT when incentive stock options (ISOs) are exercised and sold.</li> <li>Calculate the different depreciation amounts for regular tax and AMT.</li> <li>Complete Form 6251, <i>Alternative Minimum Tax – Individuals</i>.</li> <li>Complete Form 8801, <i>Credit for Prior Year Minimum Tax – Individuals, Estates and Trusts</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>2019-02-01T11:00:00Z2021-01-01T05:00:00ZNone2019-02-01T11:00:00Z0N/ASS1936Basic2Federal Tax Law Topic2019-02-01T05:00:00ZQAS 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/2019/AlternativeMinimumTaxTOC.pdfself study20192021-01-01T05:00:00Z
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 to be considered 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>2019-02-01T11:00:00Z2021-01-01T05:00:00ZNone2019-02-01T11:00:00Z0N/ASS1903Basic4Federal Tax Law Topic2019-02-01T05:00:00ZQAS 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/2019/BasicsOfBasisTOC.pdfself study20192021-01-01T05:00:00Z
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. You’ll learn the different types of partnership operations, such as limited partnerships or limited liability companies, and review the form of business that can alter a partner's taxation. Various elections made at the partnership level that serve as planning tools for preparing returns will also be reviewed.</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>2019-02-01T11:00:00Z2021-01-01T05:00:00ZNone2019-02-01T11:00:00Z0N/ASS1910Intermediate8Federal Tax Law Topic2019-02-01T05:00:00ZQAS Self StudyPremium: $0 | Professional: $164 | Basic: $208 | Nonmember: $2198Federal Tax Law Topic88TaxesKnowledge of Federal Income TaxFederal Tax Law Topic8 CPE for AFSP, EA, CPA, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2019/IntermediatePartnershipsTOC.pdfself study20192021-01-01T05:00:00Z
Self StudyIntermediate S Corporations Self-Study<h3>Summary</h3> <p>This hands-on course is ideal for tax professionals who have already prepared S corporation returns and are looking to improve their skills to better assist clients with their continuing needs. Topics 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>2019-02-01T11:00:00Z2021-01-01T05:00:00ZNone2019-02-01T05:00:00Z0N/ASS1911Intermediate8Federal Tax Law Topic2019-03-08T05:00:00ZQAS Self StudyPremium: $0 | Professional: $164 | Basic: $208 | Nonmember: $2198Federal Tax Law Topic88TaxesBasic understanding of preparing Form 1120-SFederal Tax Law Topic8 CPE for AFSP, EA, CPA, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2019/IntermediateSCorpTOC.pdfself study20192021-01-01T05:00:00Z
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, <i>Depreciation and Amortization</i>, 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>2019-02-01T11:00:00Z2021-01-01T05:00:00ZNone2019-02-01T11:00:00Z0N/ASS1912Basic4Federal Tax Law Topic2019-02-01T05:00:00ZQAS 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/2019/IntroToFixedAssetsTOC.pdfself study20192021-01-01T05:00:00Z
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, <i>Profit or Loss From Business</i>, 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>2019-02-01T11:00:00Z2021-01-01T05:00:00ZNone2019-02-01T05:00:00Z0N/ASS1913Basic8Federal Tax Law Topic2019-03-06T05:00:00ZQAS 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/2019/IntroScheduleCTOC.pdfself study20192021-01-01T05:00:00Z
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 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), <i>Capital Gains and Losses</i>, 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>2019-02-01T11:00:00Z2021-01-01T05:00:00ZNone2019-02-01T05:00:00Z0N/ASS1914Basic4Federal Tax Law Topic2019-02-28T05:00:00ZQAS 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/2019/IntroScheduleDTOC.pdfself study20192021-01-01T05:00:00Z
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), <i>Supplemental Income and Loss</i>, 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>2019-02-01T11:00:00Z2021-01-01T05:00:00ZNone2019-02-01T05:00:00Z0N/ASS1915Basic4Federal Tax Law Topic2019-03-07T05:00:00ZQAS 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/2019/IntroScheduleETOC.pdfself study20192021-01-01T05:00:00Z
Self StudyIntroduction to Tax Preparation Self-Study<h3>Summary</h3> <p>If you are just starting out in the tax industry and need help preparing your first returns, this is the perfect solution. 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>2019-02-01T11:00:00Z2021-01-01T05:00:00ZNone2019-02-01T05:00:00Z0N/ASS1917Basic0N/A2019-06-01T04:00:00ZQAS Self StudyPremium: $0 | Professional: $322 | Basic: $408 | Nonmember: $42916Federal Tax Law Topic1616TaxesNoneFederal Tax Law Topic16 CPE for AFSP, EA, CPAself study20192021-01-01T05:00:00Z
Self StudyK-1s for 1065 Self-Study<h3>Summary</h3> <p>Taxpayers who are partners in partnerships (or members in LLCs taxed as partnerships) should receive a Schedule K-1 (Form 1065) to report their share of the partnership's income, deductions, credits, etc. You’ll learn how to consider the various elections available and whether they are made by the partner or the partnership as a whole. Finally, you’ll look at certain deductions the partner may have that are not reported on the Schedule K-1.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Determine the partner’s basis, at-risk and passive limitations.</li> <li>Identify the elections made at the partner level (versus the ones made at the partnership level).</li> <li>Describe the various items reported on Schedule K-1.</li> <li>Correctly report Schedule K-1 information on the partner’s return.</li> <li>Report items on the partner’s return that are associated with the partnership interest but not reported on Schedule K-1.</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>2019-02-01T11:00:00Z2021-01-01T05:00:00ZNone2019-02-01T11:00:00Z0N/ASS1919Basic4Federal Tax Law Topic2019-02-01T05:00:00ZQAS 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/2019/K1sForm1065TOC.pdfself study20192021-01-01T05:00:00Z
Self StudyK-1s for 1120-S Self-Study<h3>Summary</h3> <p>Individuals who are shareholders in an S corporation should receive a Schedule K-1 (Form 1120S), reporting their share of the corporation’s income, deductions, credits, etc. This course demonstrates how to report the basic information from this schedule on an individual’s tax return and provides an understanding of limitations that might apply before you can report certain items, such as losses and distributions.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Calculate the shareholder’s basis in the S corporation.</li> <li>Determine how much of a pass-through loss is deductible after applying the basis, at-risk, and passive activity limitations.</li> <li>Analyze the shareholder’s tax effects when receiving distributions from an S corporation.</li> <li>Correctly report various pass-through items from Schedule K-1 on Form 1040, including unique items, such as the sale of property when §179 was deducted.</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>2019-02-01T11:00:00Z2021-01-01T05:00:00ZNone2019-02-01T11:00:00Z0N/ASS1920Basic2Federal Tax Law Topic2019-02-01T05:00:00ZQAS 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/2019/K1sForm1120STOC.pdfself study20192021-01-01T05:00:00Z
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. You’ll learn about the general tax aspects applicable to domestic C corporations, including line item explanations designed to aid in the preparation of Form 1120, <i>U.S. Corporation Income Tax Return</i>.</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>2019-02-01T11:00:00Z2021-01-01T05:00:00ZNone2019-02-01T05:00:00Z0N/ASS1923Basic8Federal Tax Law Topic2019-03-07T05:00:00ZQAS 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/2019/PreparingCCorpReturnsTOC.pdfself study20192021-01-01T05:00:00Z
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! You will learn 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>2019-02-01T11:00:00Z2021-01-01T05:00:00ZNone2019-02-01T05:00:00Z0N/ASS1924Basic8Federal Tax Law Topic2019-03-18T04:00:00ZQAS 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/2019/PreparingPartnershipReturnsTOC.pdfself study20192021-01-01T05:00:00Z
Self StudyPreparing S Corporation Returns Self-Study<h3>Summary</h3> <p>Many small business owners file as S corporations to reduce taxes, which means there’s an increased need to add the preparation of S corporation returns to your business. If you want to learn to add this skill to your business or 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>2019-02-01T11:00:00Z2021-01-01T05:00:00ZNone2019-02-01T05:00:00Z0N/ASS1925Basic8Federal Tax Law Topic2019-03-22T04:00:00ZQAS 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/2019/PreparingSCorpReturnsTOC.pdfself study20192021-01-01T05:00:00Z
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 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>2019-02-01T11:00:00Z2021-01-01T05:00:00ZNone2019-02-01T11:00:00Z0N/ASS1927Basic2Federal Tax Law Topic2019-02-01T05:00:00ZQAS 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/2019/SharingEconomyTOC.pdfself study20192021-01-01T05:00:00Z
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 for 2018-2025); 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 $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>2019-02-01T11:00:00Z2021-01-01T05:00:00ZNone2019-02-01T11:00:00Z0N/ASS1928Intermediate4Federal Tax Law Topic2019-02-01T05:00:00ZQAS Self StudyPremium: $0 | Professional: $98 | Basic: $124 | Nonmember: $1304Federal Tax Law Topic44TaxesKnowledge of Federal Income TaxFederal Tax Law Topic4 CPE for AFSP, EA, CPA, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2019/TaxImpactHavingAChildTOC.pdfself study20192021-01-01T05:00:00Z
Self StudyCasualty, Theft and Disaster Losses Self-Study<h3>Summary</h3> <p>Taxpayers who suffer a casualty, theft or disaster have a lot on their minds, and the last thing is probably their taxes. There are tax laws in place to offer help for loss victims, including those who could use their tax filing to obtain much-needed cash. Knowing this information sets you up to be a huge asset when your clients need you most. This course helps tax professionals identify and report casualty, theft and disaster losses. Additionally, you’ll learn the tax provisions of insurance reimbursements, disaster assistance, disaster payments, record reconstruction and how to calculate the value of lost items.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify casualty, theft and disaster losses.</li> <li>Determine how to handle insurance reimbursements and disaster payments.</li> <li>Describe how to reconstruct a taxpayer’s records.</li> <li>Calculate and report the loss on Form 4684, <i>Casualties and Thefts</i>.</li> <li>Calculate the basis of replacement property.</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>2019-02-01T11:00:00Z2021-01-01T05:00:00ZNone2019-02-01T05:00:00Z0N/ASS1933Intermediate2Federal Tax Law Topic2019-02-13T05:00:00ZQAS Self StudyPremium: $0 | Professional: $60 | Basic: $76 | Nonmember: $802Federal Tax Law Topic22TaxesBasic knowledge of individual income taxFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2019/CasualtyTheftDisasterLossesTOC.pdfself study20192021-01-01T05:00:00Z
Self StudyK-1s for 1041 Self-Study<h3>Summary</h3> <p>An estate or trust can generate income, and at the end of the year, all income distributions made to beneficiaries must be reported on a Schedule K-1 (1041). Form 1041 is also used to report any income a trust earns over $600. This course examines everything you need to know to properly report the information provided to the beneficiary on a Schedule K-1 on their individual tax return.</p> <h3>Objectives</h3> <p>Upon completion of this course you will be able to: <ul> <li>Identify the character of pass-through income, deductions, and credits from an estate or trust.</li> <li>Describe the various items reported on Schedule K-1.</li> <li>Report Schedule K-1 items on the beneficiary’s return.</li> <li>Report items on the beneficiary’s return that are associated with estate or trust interest but not reported on Schedule K-1.</li>&nbsp; </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>2019-02-01T11:00:00Z2021-01-01T05:00:00ZNone2019-02-01T05:00:00Z0N/ASS1909Basic2Federal Tax Law Topic2019-02-13T05:00:00ZQAS 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/2019/K1sForm1041TOC.pdfself study20192021-01-01T05:00:00Z
Self StudyNet Operating Losses Self-Study<h3>Summary</h3> <p>Even the most profitable businesses experience loss and tax professionals need to know the provisions under §172, <i>Net Operating Loss Deduction</i>. This type of loss occurs when certain tax-deductible expenses exceed taxable revenues for a taxable year. Plus, the IRS analyzes a NOL under alternative minimum tax (AMT) rules. Without a basic understanding of net operating losses (NOL), tax professionals cannot provide their business clients with the best possible outcome. This course enhances a tax professional’s understanding of NOLS and alternative minimum tax NOLS (ATNOLs).</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Determine if a business or individual has incurred an NOL.</li> <li>Correctly calculate the amount of the NOL to maximize the amount to carry over or carry back.</li> <li>Identify the elections of carrying back and carrying forward the NOL.</li> <li>Identify the provisions of carrying back and carrying forward the NOL.</li> <li>Distinguish between business and nonbusiness income and losses in order to correctly calculate the NOL.</li> <li>Ensure the deadline for filing a carryback is met to provide the taxpayer the most flexibility in claiming an NOL deduction on Form 1045 or Form 1040X.</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>2019-02-01T11:00:00Z2021-01-01T05:00:00ZNone2019-02-01T05:00:00Z0N/ASS1935Basic4Federal Tax Law Topic2019-02-28T05:00:00ZQAS 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/2019/NetOperatingLossesTOC.pdfself study20192021-01-01T05:00:00Z
Self StudyQBI and Choosing a Business Entity Self-Study<h3>Summary</h3> <p>The final §199A regulations that included guidance on the qualified business income (QBI) deduction released contained over 300 pages. This hands-on workshop will walk through the QBI rules from the standpoint of the entity and complete several case studies that involve QBI and decisions related to various entities. Choosing an entity for your client is also important, as each type has its pros and cons when it comes to filing taxes. We’ll analyze switching entities and the tax consequences associated with that change. We’ll also illustrate the changing tax laws to maximize deductions for partners, shareholders and self-employed individuals.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Outline the new rules regarding Qualified Business Income (QBI).</li> <li>Identify which taxpayers can take the deduction for QBI.</li> <li>Calculate QBI and the QBI deduction.</li> <li>Identify filing requirements for entities passing thru QBI to Partners or Shareholders.</li> <li>Correctly report income and expenses to adhere to new QBI rules.</li> <li>Complete the Forms 1065 and 1102S for clients with QBI and compare with Schedule C.</li> <li>Apply entity selection strategy to case studies.</li> <li>Discuss requirements and consequences to change business entities.</li> <li>Illustrate how an S Corporation how it changes its business entity.</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>2019-02-01T11:00:00Z2021-01-01T05:00:00ZNone2019-02-01T05:00:00Z0N/ASS1918Intermediate6Federal Tax Law Topic2019-07-01T04:00:00ZQAS Self StudyPremium: $0 | Professional: $135 | Basic: $171 | Nonmember: $1806Federal Tax Law Topic66TaxesBasic knowledge of federal income taxationFederal Tax Law Topic6 CPE for AFSP, EA, CPA, CRTPself study20192021-01-01T05:00:00Z
Self StudyTax Issues of Divorce Self-Study<h3>Summary</h3> <p>Understanding the complications and economic effects of a divorce at the tax level reassures your clients their returns have been properly prepared. As a tax professional, it’s your responsibility to explain the tax implications of divorce, and report income and expense correctly on the individuals’ returns. When children are involved, it can be tricky to determine which taxpayer can claim an exemption for a child. This course will review how to distinguish between child support and other payments, as well as everything else you need to know to prepare a return that will best represent your client.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify the most appropriate filing status for separated or divorced taxpayers.</li> <li>Summarize the exceptions to both spouses being jointly and severally liable when filing a joint return.</li> <li>Distinguish which parent is eligible to claim a child as a dependent.</li> <li>Recognize the difference between custodial and noncustodial parent for tax purposes.</li> <li>Differentiate among alimony, child support and property settlements.</li> <li>Summarize the tax treatment of a qualified domestic relations order (QDRO).</li> <li>Determine if a divorced taxpayer has a carryover of an NOL, capital loss or passive loss.</li> <li>Assess community property state complications.</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>2019-02-01T11:00:00Z2021-01-01T05:00:00ZNone2019-02-01T05:00:00Z0N/ASS1921Intermediate2Federal Tax Law Topic2019-03-01T05:00:00ZQAS Self StudyPremium: $0 | Professional: $60 | Basic: $76 | Nonmember: $802Federal Tax Law Topic22TaxesKnowledge of Federal Income TaxFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2019/TaxIssuesOfDivorceTOC.pdfself study20192021-01-01T05:00:00Z
Self StudyTax Reform Impact on S Corps & Partnerships Self-Study<h3>Summary</h3> <p>The <i>Tax Cuts and Jobs Act</i> of 2017 affects most small businesses, which presents an additional opportunity to assist your clients in maximizing tax savings. This hands-on course will look at partnerships and S corporations, their elections and adjustments, as well as how the new tax law affects them.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Describe the taxation of partnerships.</li> <li>Identify the effects of partnership elections.</li> <li>Calculate required basis adjustments.</li> <li>Identify adjustments to be made on Form 1065, Schedules M-1 and M-2.</li> <li>Describe the taxation of S corporations.</li> <li>Compute and report the built-in gains tax.</li> <li>Compare and contrast AAA, stock basis and retained earnings.</li> <li>Identify the effects of S corporation elections.</li> <li>Identify adjustments to be made on Form 1120S, Schedules M-1 and M-2.</li> <li>Identify the provisions of the <i>Tax Cuts and Jobs Act</i> that affect partnership and S corporation taxation.</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>2019-02-01T11:00:00Z2021-01-01T05:00:00ZNone2019-02-01T05:00:00Z0N/ASS1922Update6Federal Tax Law Topic2019-07-01T04:00:00ZQAS Self StudyPremium: $0 | Professional: $135 | Basic: $171 | Nonmember: $1806Federal Tax Law Topic66TaxesBasic knowledge of federal income taxationFederal Tax Law Topic6 CPE for AFSP, EA, CPA, CRTPself study20192021-01-01T05:00:00Z
WebinarDepreciation Basics Webinar<h3>Summary</h3> <p>Depreciation can be a difficult concept to fully understand, especially when completing 2018 returns. It comes into play when completing returns for clients who own property such as commercial or business real estate. This webinar will teach you the basic concepts of depreciation, including asset class life, different conventions, methods and types of additional depreciation options.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Outline the basic concepts of depreciation.</li> <li>Identify the different class lives of assets.</li> <li>Identify the different methods of depreciation.</li> <li>Identify the different conventions of depreciation.</li> <li>Apply the correct method and convention for an asset.</li> <li>Correctly calculate depreciation for a variety of assets.</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>2019-02-15T05:00:00Z2020-12-31T05:00:00ZNone2019-02-15T05:00:00Z2019-02-15T05:00:00Z2019-02-15T05:00:00Z0N/AWEB1928Basic2Federal Tax Law Topic2019-06-18T04:00:00Z2019-06-20T04:00:00Z2019-07-05T04:00:00ZGroup Internet BasedPremium: $0 | Professional: $60 | Basic: $76 | Nonmember: $802Federal Tax Law Topic22TaxesNoneCheryl Morse, EAhttps://www.natptax.com/EventsAndEducation/About/Pages/CherylMorse,EA.aspxFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPlive webinar20192019-06-18T17:00:00Z2019-06-20T13:00:00Z2019-07-05T04:00:00Z
WebinarSection 754 Election Mechanics Webinar<h3>Summary</h3> <p>When a new partner enters a business by purchasing partnership interest or inheriting it, a §754 election may be made to mitigate the departing partner’s tax consequences of selling the partnership. This election can be complex and many tax practitioners are unaware of the election’s potential value. This webinar will review the pros and cons of making the election, teach you how to calculate basis adjustments required by the election and how to properly report the election to the partner and on the partner’s return.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify what a §754 election is.</li> <li>Summarize the pros and cons to making the election.</li> <li>Identify how to properly make the election.</li> <li>Calculate basis adjustments required by the §754 election.</li> <li>Summarize properly reporting the §754 election to the partner.</li> <li>Summarize properly reporting the §754 election on the partner's return.</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>2019-02-15T05:00:00Z2020-12-31T05:00:00ZNone2019-02-15T05:00:00Z2019-02-15T05:00:00Z2019-02-15T05:00:00Z0N/AWEB1930Advanced2Federal Tax Law Topic2019-06-25T04:00:00Z2019-06-27T04:00:00Z2019-07-11T04:00:00ZGroup Internet BasedPremium: $0 | Professional: $60 | Basic: $76 | Nonmember: $802Federal Tax Law Topic22TaxesUnderstanding of S corporation taxationLawrence Zimbler, MST, EAhttps://www.natptax.com/EventsAndEducation/About/Pages/LawrenceZimbler,MST,EA.aspxFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPlive webinar20192019-06-25T17:00:00Z2019-06-27T13:00:00Z2019-07-11T04:00:00Z
WebinarS Corporation Operations and Tax Reporting Webinar<h3>Summary</h3> <p>This webinar is the second in a three-part series covering the creation, taxation and liquidation of an S corporation. In this intermediate session, we'll review the definition of an S corporation, identify the changes in basis, learn the differences between stock and debt basis, analyze the effects of contributions and distributions, and complete Form 1120S.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify the effects of converting to an S corporation from other entity types.</li> <li>Identify changes in basis.</li> <li>Compare and contrast stock basis and debt basis.</li> <li>Analyze the effects of contributions and distributions.</li> <li>Outline the effects of involuntary terminations.</li> <li>Complete Form 1120S.</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>2019-02-15T05:00:00Z2020-12-31T05:00:00ZNone2019-02-15T05:00:00Z2019-02-15T05:00:00Z2019-02-15T05:00:00Z0N/AWEB1932Intermediate2Federal Tax Law Topic2019-07-09T04:00:00Z2019-07-11T04:00:00Z2019-07-25T04:00:00ZGroup Internet BasedPremium: $0 | Professional: $60 | Basic: $76 | Nonmember: $802Federal Tax Law Topic22TaxesKnowledge of Federal Income TaxJaye Tritz, EA, CFP®https://www.natptax.com/EventsAndEducation/About/Pages/JayeETritz,EA,CFP®.aspxFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPlive webinar20192019-07-09T17:00:00Z2019-07-11T13:00:00Z2019-07-25T04:00:00Z
WebinarTax Planning For Those With Special Needs Webinar<h3>Summary</h3> <p>Families with members who have special needs present unique situations during tax planning. In this webinar, you’ll learn about the various options available to your clients such as utilizing ABLE accounts and qualified disability trusts to provide for the future needs of their family members.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Outline the taxability of ABLE accounts.</li> <li>Outline the taxablility of legal settlements.</li> <li>Outline the requirements of a qualified disability trust.</li> <li>Assess the reporting required for ABLE accounts.</li> <li>Analyze a Form 1041 for a qualified disability trust.</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>2019-02-15T05:00:00Z2020-12-31T05:00:00ZNone2019-02-15T05:00:00Z2019-02-15T05:00:00Z2019-02-15T05:00:00Z0N/AWEB1934Intermediate1Federal Tax Law Topic2019-07-16T04:00:00Z2019-07-18T04:00:00Z2019-08-01T04:00:00ZGroup Internet BasedPremium: $0 | Professional: $30 | Basic: $38 | Nonmember: $401Federal Tax Law Topic11TaxesKnowledge of Federal Income TaxCheryl Morse, EAhttps://www.natptax.com/EventsAndEducation/About/Pages/CherylMorse,EA.aspxFederal Tax Law Topic1 CPE for AFSP, EA, CPA, CRTPlive webinar20192019-07-16T17:00:00Z2019-07-18T13:00:00Z2019-08-01T04:00:00Z
WebinarBonus Depreciation Rules and Section 179 Webinar<h3>Summary</h3> <p>Bonus depreciation and Section 179 expensing allow taxpayers to write off costs for purchasing assets such as property for their trade or business. This webinar will teach you how to determine what assets are eligible, how to make the election and will review limitations for both. We will also discuss tax implications of selling assets or converting them to personal use property from business property. By the end, you’ll be able to help predict when depreciation recapture may impact your client.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Define bonus depreciation and Section 179 expensing.</li> <li>Identify limitations regarding bonus depreciation and Section 179 expensing.</li> <li>Determine what assets are eligible for bonus depreciation.</li> <li>Determine what assets are eligible for Section 179 expensing.</li> <li>Recognize the reporting requirements for both bonus depreciation and Section 179 expensing.</li> <li>Predict when depreciation recapture may impact your client.</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>2019-02-15T05:00:00Z2019-12-31T05:00:00ZNone2019-02-15T05:00:00Z2019-02-15T05:00:00Z2019-02-15T05:00:00Z0N/AWEB1936Basic2Federal Tax Law Topic2019-07-30T04:00:00Z2019-08-01T04:00:00Z2019-08-15T04:00:00ZGroup Internet BasedPremium: $0 | Professional: $60 | Basic: $76 | Nonmember: $802Federal Tax Law Topic22TaxesNoneTo Be DeterminedFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPlive webinar20192019-07-30T17:00:00Z2019-08-01T13:00:00Z2019-08-15T04:00:00Z
WebinarS Corporation Quirks and Liquidation Webinar<h3>Summary</h3> <p>This is the third of a three-part webinar series about the creation, taxation and liquidation of S corporations. This final session will review tax impacts of liquidation and the effects of a change in stock ownership. We’ll teach you how to complete Schedules L, M-1, M-2, and K-1.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Outline the effects of a liquidation.</li> <li>Complete Schedules L, M-1, and M-2.</li> <li>Identify the effects of a change in stock ownership.</li> <li>Identify the quirks of S corporations.</li> <li>Recognize the effects of an involuntary termination of S status.</li> <li>Complete Form 1120S and the shareholder's Schedule K-1.</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>2019-02-15T05:00:00Z2019-12-31T05:00:00ZUnderstanding of S corporation taxation2019-02-15T05:00:00Z2019-02-15T05:00:00Z2019-02-15T05:00:00Z0N/AWEB1938Advanced2Federal Tax Law Topic2019-08-06T04:00:00Z2019-08-08T04:00:00Z2019-08-22T04:00:00ZGroup Internet BasedPremium: $0 | Professional: $60 | Basic: $76 | Nonmember: $802Federal Tax Law Topic22TaxesS Corporation TaxationJaye E. Tritz, EA, CFP®https://www.natptax.com/EventsAndEducation/About/Pages/JayeETritz,EA,CFP®.aspxFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPlive webinar20192019-08-06T17:00:00Z2019-08-08T13:00:00Z2019-08-22T04:00:00Z
WebinarCompleting Form 1041 for Estates and Trusts Webinar<h3>Summary</h3> <p>Estates and trusts have unique accounting and filing requirements. In this course, we will review filing requirements, income and expenses, as well as financial accounting income and distributable net income (DNI) for estates and trusts. At the end of this session we will walk through completing Form 1041, <i>U.S. Income Tax Return for Estates and Trusts</i>, so you can help your clients with their estate or trust needs.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify the filing requirements for a final Form 1040.</li> <li>Report income and expenses on a final Form 1040.</li> <li>Identify the income filing requirements for estates.</li> <li>Report income and expenses of estates.</li> <li>Complete a final Form 1040 for a decedent.</li> <li>Complete Form 1041, <i>U.S. Income Tax Return for Estates and Trusts</i>.</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>2019-02-15T05:00:00Z2019-12-31T05:00:00ZNone2019-02-15T05:00:00Z2019-02-15T05:00:00Z2019-02-15T05:00:00Z0N/AWEB1940Basic2Federal Tax Law Topic2019-08-13T04:00:00Z2019-08-15T04:00:00Z2019-08-29T04:00:00ZGroup Internet BasedPremium: $0 | Professional: $60 | Basic: $76 | Nonmember: $802Federal Tax Law Topic22TaxesNoneSheri Fronsee, CPAFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPlive webinar20192019-08-13T17:00:00Z2019-08-15T13:00:00Z2019-08-29T04:00:00Z
WebinarTax Reform NOL Changes Webinar<h3>Summary</h3> <p>The goal of every business owner is to make a profit, but sometimes losses do occur. As a tax professional, you must know how to handle net operating losses (NOLs) when this happens. Not all business losses result in NOLs at the individual taxpayer level, but you need to know what qualifies as a NOL and how to properly calculate and report it. We’ll also review new options taxpayers have under the <i>Tax Cuts and Jobs Act</i>.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify if a business or individual has incurred an NOL.</li> <li>Calculate the amount of the NOL.</li> <li>Identify how to report the NOL properly.</li> <li>Compare and contrast the rules prior to and after the TCJA.</li> <li>Recognize when an NOL can be carried back under the TCJA rules.</li> <li>Compute the NOL deduction for each taxpayer when there is a filing status change.</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>2019-02-15T05:00:00Z2019-12-31T05:00:00ZNone2019-02-15T05:00:00Z2019-02-15T05:00:00Z2019-02-15T05:00:00Z0N/AWEB1942Intermediate2Federal Tax Law Topic2019-08-20T04:00:00Z2019-08-22T04:00:00Z2019-09-05T04:00:00ZGroup Internet BasedPremium: $0 | Professional: $60 | Basic: $76 | Nonmember: $802Federal Tax Law Topic22TaxesKnowledge of Federal Income TaxRandy Lawshé, EAhttps://www.natptax.com/EventsAndEducation/About/Pages/RandyLawshé,EA.aspxFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPlive webinar20192019-08-20T17:00:00Z2019-08-22T13:00:00Z2019-09-05T04:00:00Z
WebinarCompleting Form 706 and 709 for Estates Webinar<h3>Summary</h3> <p>There have been many changes to the estate and gift tax requirements over the last few years. Are you current on all of the updated information? This webinar will review each Forms 706 and 709, and their accompanying rules associated with completing a client’s tax return. We’ll also identify a few ways to minimize estate and gift tax due to save your clients money.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Outline the filing requirements for Form 706.</li> <li>Outline the filing requirements for Form 709.</li> <li>Complete Form 706.</li> <li>Complete Form 709.</li> <li>Identify ways to minimize estate and gift tax due.</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>2019-02-15T05:00:00Z2019-12-31T05:00:00ZNone2019-02-15T05:00:00Z2019-02-15T05:00:00Z2019-02-15T05:00:00Z0N/AWEB1944Basic2Federal Tax Law Topic2019-08-27T04:00:00Z2019-08-29T04:00:00Z2019-09-12T04:00:00ZGroup Internet BasedPremium: $0 | Professional: $60 | Basic: $76 | Nonmember: $802Federal Tax Law Topic22TaxesNoneLawrence Zimbler, MST, EAhttps://www.natptax.com/EventsAndEducation/About/Pages/LawrenceZimbler,MST,EA.aspxFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPlive webinar20192019-08-27T17:00:00Z2019-08-29T13:00:00Z2019-09-12T04:00:00Z
WebinarTax Implications of Divorce Webinar<h3>Summary</h3> <p>You may discover that your clients going through a divorce need a little extra attention when it comes time to prepare their tax return. Besides trying to determine whether payment is alimony or child support, you’ll need to know which taxpayer can claim an exemption for a child. You’ll also need to know if they still qualify for a Section 121 exclusion should one spouse move out. This webinar will address the issues your clients may face after a divorce has been finalized.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify the filing status for divorced clients with and without dependent children.</li> <li>Identify which parent is the custodial parent.</li> <li>Summarize tax credits and benefits available to noncustodial and custodial parents.</li> <li>Describe tax treatment of property settlements of divorced clients.</li> <li>Determine if a payment is considered alimony.</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>2019-02-15T05:00:00Z2019-12-31T05:00:00ZNone2019-02-15T05:00:00Z2019-02-15T05:00:00Z2019-02-15T05:00:00Z0N/AWEB1946Basic2Federal Tax Law Topic2019-09-17T04:00:00Z2019-09-19T04:00:00Z2019-10-03T04:00:00ZGroup Internet BasedPremium: $0 | Professional: $60 | Basic: $76 | Nonmember: $802Federal Tax Law Topic22TaxesNoneCheryl Morse, EAhttps://www.natptax.com/EventsAndEducation/About/Pages/CherylMorse,EA.aspxFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPlive webinar20192019-09-17T17:00:00Z2019-09-19T13:00:00Z2019-10-03T04:00:00Z
WebinarForeign Tax Credit and Exclusion for U.S. Expats Webinar<h3>Summary</h3> <p>As taxpayers increasingly live and work abroad, there is more opportunity for double taxation as U.S. taxpayers are taxed on their worldwide income. There are tax advantages available to mitigate this risk, which we will review in this webinar. You’ll learn to properly and accurately complete Form 2555, <i>Foreign Earned Income</i>, to exclude foreign earned income and Form 1116, <i>Foreign Tax Credit</i>, to calculate the foreign tax credit.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Recognize if a taxpayer qualifies for the foreign earned income exclusion and the foreign housing deduction or exclusion.</li> <li>Recognize if a taxpayer qualifies for the foreign tax credit or deduction. </li> <li>Identify social security issues and self-employment issues related to working abroad.</li> <li>Analyze Form 2555 to determine the appropriate foreign income exclusion for the taxpayer.</li> <li>Evaluate Form 1116 to determine the appropriate foreign tax credit for the taxpayer.</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>2019-02-15T05:00:00Z2019-12-31T05:00:00ZNone2019-02-15T05:00:00Z2019-02-15T05:00:00Z2019-02-15T05:00:00Z0N/AWEB1948Intermediate2Federal Tax Law Topic2019-10-01T04:00:00Z2019-10-03T04:00:00Z2019-10-17T04:00:00ZGroup Internet BasedPremium: $0 | Professional: $60 | Basic: $76 | Nonmember: $802Federal Tax Law Topic22TaxesKnowledge of Federal Income TaxBetty Stehman, CPA, CIAhttps://www.natptax.com/EventsAndEducation/About/Pages/BettyStehman,CPA,CIA,CSA.aspxFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPlive webinar20192019-10-01T17:00:00Z2019-10-03T13:00:00Z2019-10-17T04:00:00Z
WebinarCalculating the Adoption Credit Webinar<h3>Summary</h3> <p>Adoption is a wonderful way for people to expand and complete their families. Families who adopt can claim the adoption tax credit when filing a return to help offset the costs. This webinar will outline requirements of taxpayers to take the credit, teach you how to correctly calculate the adoption credit, and define special needs adoptions and the difference in calculating the credit.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Outline the requirements for taxpayers to take the adoption credit.</li> <li>Define special needs adoptions and the difference in calculating the credit.</li> <li>Calculate the adoption credit.</li> <li>Complete tax returns for taxpayers who take the adoption credit.</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>2019-02-15T05:00:00Z2019-12-31T05:00:00ZNone2019-02-15T05:00:00Z2019-02-15T05:00:00Z2019-02-15T05:00:00Z0N/AWEB1950Basic1Federal Tax Law Topic2019-10-08T04:00:00Z2019-10-10T04:00:00Z2019-10-24T04:00:00ZGroup Internet BasedPremium: $0 | Professional: $30 | Basic: $38 | Nonmember: $401Federal Tax Law Topic11TaxesNoneKathy Morgan, EAhttps://www.natptax.com/EventsAndEducation/About/Pages/Kathryn-Morgan.aspxFederal Tax Law Topic1 CPE for AFSP, EA, CPA, CRTPlive webinar20192019-10-08T17:00:00Z2019-10-10T13:00:00Z2019-10-24T04:00:00Z
WebinarRetirement Plans for Self-Employed Taxpayers Webinar<h3>Summary</h3> <p>Many taxpayers opt to be their own bosses instead of working for someone else. It’s an appealing option to set your own schedule and make all of the business decisions! However, this puts them in the position of providing “employee benefits” such as retirement plans for themselves and any other employees. Self-employed taxpayers have several retirement plan options such as a Simplified Employee Pension Plan (SEP), Savings Incentive Match Plan for Employees (SIMPLE) and 401K plans. We’ll review the pros and cons of each plan to determine which is the best option for yourself or your clients.</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 annual 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> </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>2019-02-15T05:00:00Z2019-12-31T05:00:00ZNone2019-02-15T05:00:00Z2019-02-15T05:00:00Z2019-02-15T05:00:00Z0N/AWEB1954Basic2Federal Tax Law Topic2019-10-29T04:00:00Z2019-10-31T04:00:00Z2019-11-14T05:00:00ZGroup Internet BasedPremium: $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, CRTPlive webinar20192019-10-29T17:00:00Z2019-10-31T13:00:00Z2019-11-14T05:00:00Z
WebinarComplete and File Form 1040-NR Webinar<h3>Summary</h3> <p>A Form 1040-NR is the required for filing taxes for a nonresident U.S. client. U.S. demographics are changing significantly and are assumed to continue to do so making it critical you understand how to complete and file this form. This webinar will help tax professionals determine if a Form 1040-NR is needed and will explain the differences between a resident and a nonresident alien. We’ll also walk through examples of Form 1040-NR, provide tips for preparing the form and help you determine income sources, as income generated in the U.S. (with certain exceptions) needs to be reported on this form.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Review Form 1040NR.</li> <li>Assess whether your client needs to file Form 1040NR.</li> <li>Differentiate a resident and nonresident alien.</li> <li>Determine income sources.</li> <li>Prepare Form 1040NR.</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>2019-02-15T05:00:00Z2019-12-31T05:00:00ZNone2019-02-15T05:00:00Z2019-02-15T05:00:00Z2019-02-15T05:00:00Z0N/AWEB1956Advanced2Federal Tax Law Topic2019-11-05T05:00:00Z2019-11-07T05:00:00Z2019-11-21T05:00:00ZGroup Internet BasedPremium: $0 | Professional: $60 | Basic: $76 | Nonmember: $802Federal Tax Law Topic22TaxesKnowledge of Federal Income Tax LawBetty Stehman, CPA, CIAhttps://www.natptax.com/EventsAndEducation/About/Pages/BettyStehman,CPA,CIA,CSA.aspxFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPlive webinar20192019-11-05T18:00:00Z2019-11-07T14:00:00Z2019-11-21T05:00:00Z
WebinarHRA Tax Compliance Webinar<h3>Summary</h3> <p>Health reimbursement arrangements (HRAs) can be provided by employers to reimburse employees for out-of-pocket medical expenses, tax-free. However, the implementation of the Affordable Care Act (ACA) drastically changed the way HRAs are offered. In this webinar, you’ll learn the benefits of HRAs and what plan administrators must do to keep an HRA compliant with the ACA. We’ll also walk through options for small employers who still want to offer some health benefits.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Summarize the benefits and rules of establishing and operating an HRA.</li> <li>Identify how HRAs are affected by the ACA.</li> <li>Summarize the benefits and rules of establishing and operating a QSEHRA.</li> <li>Recognize which employers qualify for QSEHRAs.</li> <li>Identify how QSEHRAs are affected by the ACA.</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>2019-02-15T05:00:00Z2019-12-31T05:00:00ZNone2019-02-15T05:00:00Z2019-02-15T05:00:00Z2019-02-15T05:00:00Z0N/AWEB1958Basic2Federal Tax Law Topic2019-11-12T05:00:00Z2019-11-14T05:00:00Z2019-11-28T05:00:00ZGroup Internet BasedPremium: $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, CRTPlive webinar20192019-11-12T18:00:00Z2019-11-14T14:00:00Z2019-11-28T05:00:00Z
WebinarTax Implications of Retirement Distributions Webinar<h3>Summary</h3> <p>Most employers offer some form of retirement plan to which employees may contribute. Many taxpayers also make contributions to traditional or Roth IRA accounts each year. Whichever the retirement savings vehicle they choose, there comes a time when contributions must be withdrawn, which can be anything but simple. This webinar will teach you to advise your clients of decisions based on their individual situations relating to the age at which they should withdraw, and the amount, along with tax implications of distributions and potential penalties for underwithdrawing. We’ll also review the rules that must be followed when a taxpayer inherits a retirement account.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Recognize the difference between various retirement plans.</li> <li>Comprehend when taxpayers must take distributions from various retirement plans.</li> <li>Calculate how much the required minimum distribution must be.</li> <li>Summarize how to calculate, report, correct, and request a waiver for the penalty when a required minimum distribution is not taken.</li> <li>Identify the various distribution options for inherited retirement plans.</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>2019-02-15T05:00:00Z2019-12-31T05:00:00ZNone2019-02-15T05:00:00Z2019-02-15T05:00:00Z2019-02-15T05:00:00Z0N/AWEB1960Basic2Federal Tax Law Topic2019-11-19T05:00:00Z2019-11-21T05:00:00Z2019-12-05T05:00:00ZGroup Internet BasedPremium: $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, CRTPlive webinar20192019-11-19T18:00:00Z2019-11-21T14:00:00Z2019-12-05T05:00:00Z
WebinarTax Treatment of Installment Sales Webinar<h3>Summary</h3> <p>An installment sale is an arrangement in which the seller allows the buyer to make payments over an extended period of time. Using this method, the seller may report the gain across several tax years, which has tax consequences. This webinar will review the requirements for a permitted installment method, its tax implications and reporting process.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Describe the requirements for an installment sale.</li> <li>Evaluate the effect of an installment sale.</li> <li>Correctly report an installment sale.</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>2019-02-15T05:00:00Z2019-12-31T05:00:00ZNone2019-02-15T05:00:00Z2019-02-15T05:00:00Z2019-02-15T05:00:00Z0N/AWEB1962Basic2Federal Tax Law Topic2019-12-03T05:00:00Z2019-12-05T05:00:00Z2019-12-19T05:00:00ZGroup Internet BasedPremium: $0 | Professional: $60 | Basic: $76 | Nonmember: $802Federal Tax Law Topic22TaxesNoneCheryl Morse, EAhttps://www.natptax.com/EventsAndEducation/About/Pages/CherylMorse,EA.aspxFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPlive webinar20192019-12-03T18:00:00Z2019-12-05T14:00:00Z2019-12-19T05:00:00Z
WebinarUnderstanding the New Child Tax Credit Webinar<h3>Summary</h3> <p>The <i>Tax Cuts and Jobs Act</i> affected tax law in many ways, including increasing the child tax credit to $2,000 per qualifying dependent child and created a new $500 credit for other dependents. This webinar reviews additional changes from the act and outlines requirements to claim the credit. We’ll also review how to calculate the child tax credit and how to complete your due diligence requirements by examining case studies to put that knowledge into practice.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Outline the changes to the child tax credit in 2018.</li> <li>Outline the requirements for the child tax credit and credit for other dependents.</li> <li>Calculate the child tax credit and credit for other dependents.</li> <li>Complete the forms required for the child tax credit and credit for other dependents.</li> <li>Complete due diligence required for the child tax credit and credit for other dependents.</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>2019-02-15T05:00:00Z2019-12-31T05:00:00ZNone2019-02-15T05:00:00Z2019-02-15T05:00:00Z2019-02-15T05:00:00Z0N/AWEB1964Basic2Federal Tax Law Topic2019-12-10T05:00:00Z2019-12-12T05:00:00Z2019-12-26T05:00:00ZGroup Internet BasedPremium: $0 | Professional: $60 | Basic: $76 | Nonmember: $802Federal Tax Law Topic22TaxesNoneSheri Fronsee, CPAFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPlive webinar20192019-12-10T18:00:00Z2019-12-12T14:00:00Z2019-12-26T05:00:00Z
WebinarYear-End Tax Reporting Webinar<h3>Summary</h3> <p>At the end of each year, information documents such as W-2s and Forms 1099-MISCs must be filed. This webinar will review exactly which forms need to be filed, their various due dates applicable to the taxpayer, the IRS and the Social Security Administration. This webinar will also explain how to file corrected forms, the penalties for late filing and how to determine whether the forms must be paper-filed or 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.</li> <li>Identify due dates for information documents.</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>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>2019-02-15T05:00:00Z2019-12-31T05:00:00ZNone2019-02-15T05:00:00Z2019-02-15T05:00:00Z2019-02-15T05:00:00Z0N/AWEB1966Basic2Federal Tax Law Topic2019-12-17T05:00:00Z2019-12-19T05:00:00Z2020-01-02T05:00:00ZGroup Internet BasedPremium: $0 | Professional: $60 | Basic: $76 | Nonmember: $802Federal Tax Law Topic22TaxesNoneKathryn Morgan, EAhttps://www.natptax.com/EventsAndEducation/About/Pages/Kathryn-Morgan.aspxFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPlive webinar20192019-12-17T18:00:00Z2019-12-19T14:00:00Z2020-01-02T05:00:00Z

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