| On-Demand Webinar | Filing Extensions and Calculating Estimated Tax Payments On-Demand Webinar | <h3>Summary</h3>
<p>No matter how many times documents are requested from clients, you don’t always get what you need to complete the return by Tax Day. Often, extensions are inevitable. In this webinar, we’ll review how to properly prepare a valid extension. Along with the extension, taxpayers may have to make quarterly estimated tax payments. There are several methods available to calculate estimated payments before the tax return is final. We’ll discuss using proformas to determine estimated payments, how the safe harbor rule is applied and, in the worst-case scenario, how penalty abatement works.</p><iframe src="https://fast.wistia.net/embed/iframe/pxjq59cn20" title="Webinar preview: Filing Extensions and Calculating Estimated Tax Payments Video" allow="autoplay; fullscreen" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" 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>Prepare Form 4868, <i>Application for Automatic Extension of Time to File U.S. Individual Income Tax Return</i></li>
<li>Determine the tax liability reported on Form 4868</li>
<li>Calculate the taxpayer’s quarterly estimated tax payments</li>
<li>Summarize the safe harbor rules</li>
</ul>
<h3>Course Details</h3>
<p>This on-demand webinar includes the presentation slides, exam questions, recording of the webinar broadcast with review questions, and attendee top questions. CPE is issued after exam is successfully completed.</p>
| 2022-02-09T06:00:00Z | 2023-12-31T06:00:00Z | None | 2022-02-09T06:00:00Z | | | | | | | ODW2211 | Overview | 1 | Federal Tax Law Topic | 0 | N/A | 2022-02-09T06:00:00Z | | | QAS Self Study | | | | | | | | | 1 | Federal Tax Law Topic | 1 | 1 | Taxes | None | Brad Messner, MBA, EA | Federal Tax Law Topic | 1 CPE for AFSP, EA, CPA, CRTP | | | on-demand webinar | 2022 | March | 2023-12-31T06:00:00Z | | | 50 minutes | | 42 | 44 | 0 | 33 | | | | | | | | | | | yes | no | yes | no | | | | |
| self study | Introduction to Schedule E Self-Study | <h3>Summary</h3>
<p>Depending on the housing market, taxpayers may find renting a home is a better option than selling one. Tax preparers who have clients with rental properties will prepare Schedule E (Form 1040), <i>Supplemental Income and Loss</i>, to report the rental income and expenses. Schedule E is also used for reporting pass-through items from S corporations, partnerships, estates and trusts. Because this schedule is used to report on various items, it can be confusing to know what needs to be completed for your client’s specific situation. With this course, you’ll gain a basic understanding of Schedule E and be able to confidently complete your client’s 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>Recognize who meets the qualifications of a real estate professional</li>
<li>Apply the vacation home rules</li>
<li>Identify and report the rental income and allowable rental expenses</li>
<li>Summarize how to report the information provided on a partnership or S corporation Schedule K-1, <i>Shareholder’s Share of Income, Deductions, Credits, etc</i>. </li>
<li>Prepare 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>
| 2022-04-25T05:00:00Z | 2023-12-31T06:00:00Z | None | 2022-05-18T05:00:00Z | 2022-05-18T05:00:00Z | | | | | | SS22317 | Basic | 4 | Federal Tax Law Topic | 0 | N/A | 2022-04-25T05:00:00Z | 2022-04-25T05:00:00Z | | QAS Self Study | | | | | | | | | 4 | Federal Tax Law Topic | 4 | 4 | Taxes | None | | Federal Tax Law Topic | 4 CPE for AFSP, EA, CPA, CRTP | | /EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2022/SS22_IntroductiontoScheduleE_TOC.pdf | self study | 2022 | June | 2023-12-31T06:00:00Z | 2023-12-31T06:00:00Z | | | | 134 | 141 | 0 | 106 | | | | | | | | | | | no | no | yes | no | | | | |
| self study | Tax Impact of Having a Child Self-Study | <h3>Summary</h3>
<p>Children of all ages come with a lot of costs. Whether it’s diapers or school supplies, raising a child can be more expensive than parents even realize. However, there are a few tax credits beneficial to parents that all tax pros need to know of to get their clients the maximum refund. This course examines a variety of tax issues involving children ranging in age from 0 to 27. Topics include tax credits available to taxpayers with dependent children, dependency exemption applicability, kiddie tax rules and tax benefits for qualified education expenses.</p>
<h3>Objectives</h3>
<p>Upon completion of this course, you will be able to:
<ul>
<li>Apply the dependency rules 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 inheritances, court settlements and Social Security income impact a child’s reporting requirements</li>
<li>Define the tax credits available to taxpayers with dependent children</li>
<li>Calculate the expanded child tax credit, including the other dependent credit</li>
<li>Summarize the requirements to claim education credits</li>
<li>Determine the tax consequences of distributions from qualified tuition programs (§529 plans)</li>
<li>Identify the effects of COVID-19 relief legislation on taxpayers with children</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>
| 2021-02-22T06:00:00Z | 2022-12-30T06:00:00Z | None | 2021-05-01T05:00:00Z | 2021-05-01T05:00:00Z | | | | | | SS21333 | Intermediate | 4 | Federal Tax Law Topic | 0 | N/A | 2021-05-01T05:00:00Z | 2021-02-22T06:00:00Z | | QAS Self-Study | | | | | | | | | 4 | Federal Tax Law Topic | 4 | 4 | Taxes | Knowledge of basic individual and fiduciary income tax | | Federal Tax Law Topic | 4 CPE for AFSP, EA, CPA, CRTP | | /EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2021/TaxImpactofHavingaChild%20TOC.pdf | self study | 2021 | May | 2022-12-30T06:00:00Z | 2022-12-31T06:00:00Z | | | | 127 | 134 | 0 | 101 | | | | | | | | | | | no | no | yes | no | | | | |
| self study | Introduction to Tax Preparation Self-Study | <h3>Summary</h3>
<p>This course outlines the basics of individual income tax reporting with a step-by-step analysis of Form 1040, <i>U.S. Individual Income Tax Return</i>, and its accompanying schedules. You will learn what schedules and forms you need to prepare based on the information provided by the client. At the end of this course, you will be prepared to complete basic income tax returns.</p>
<h3>Objectives</h3>
<p>Upon completion of this course, you will be able to:
<ul>
<li>Identify a taxpayer’s filing requirements and filing status </li>
<li>Identify who is eligible to be claimed as a dependent</li>
<li>Summarize different types of income and adjustments to income</li>
<li>Compare itemized deductions and the standard deduction</li>
<li>Distinguish between nonrefundable and refundable income tax credits</li>
<li>Calculate an individual client’s federal income tax liability</li>
<li>Prepare Form 1040</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>
| 2021-02-22T06:00:00Z | 2022-12-31T06:00:00Z | None | 2021-06-01T05:00:00Z | 2021-06-01T05:00:00Z | | | | | | SS21320 | Basic | 0 | N/A | 0 | N/A | 2021-06-01T05:00:00Z | 2021-02-22T06:00:00Z | | QAS Self-Study | | | | | | | | | 16 | Federal Tax Law Topic | 16 | 16 | Taxes | None | | Federal Tax Law Topic | 16 CPE for AFSP, EA, CPA | | /EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2021/IntrotoIndividualTaxPreparation_TOC.pdf | self study | 2021 | June | 2022-12-31T06:00:00Z | 2022-12-31T06:00:00Z | | | | 411 | 433 | 0 | 325 | Available June 2021 | | Available June 2021 | Available June 2021 | | Available June 2021 | | | | | no | no | yes | no | | | | |
| self study | Introduction to Trusts and Form 1041 Self-Study | <h3>Summary</h3>
<p>With this course, you will gain an introduction to 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.</p>
<h3>Objectives</h3>
<p>Upon completion of this course, you will be able to:
<ul>
<li>Outline the components and proper administration of a trust</li>
<li>Identify the filing requirements for trusts</li>
<li>Recognize accounting periods and 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>Determine deductible trust expenses and proper allocation</li>
<li>Summarize the tax effect of distributions made to beneficiaries</li>
<li>Calculate income in respect of a decedent (IRD), distributable net income (DNI), fiduciary accounting income (FAI) and the income distribution deduction (IDD)</li>
<li>Complete a basic Form 1041, <i>Income Tax Return for Estates and Trusts</i>, and Schedule K-1, <i>Beneficiary’s Share of Income, Deductions, Credits, etc</i>., for a trust</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>
| 2021-02-22T06:00:00Z | 2022-12-31T06:00:00Z | None | 2021-06-01T05:00:00Z | 2021-06-01T05:00:00Z | | | | | | SS21322 | Basic | 8 | Federal Tax Law Topic | 0 | N/A | 2021-06-01T05:00:00Z | 2021-02-22T06:00:00Z | | QAS Self Study | | | | | | | | | 8 | Federal Tax Law Topic | 8 | 8 | Taxes | None | | Federal Tax Law Topic | 8 CPE for AFSP, EA, CPA, CRTP | | /EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2021/IntroductiontoTrustsandForm1041_TOC.pdf | self study | 2021 | June | 2022-12-31T06:00:00Z | 2022-12-31T06:00:00Z | | | | 212 | 223 | 0 | 167 | Available June 2021 | | Available June 2021 | Available June 2021 | | Available June 2021 | | | | | no | no | yes | no | | | | |
| self study | Net Operating Losses Self-Study | <h3>Summary</h3>
<p>A goal of every business is to make a profit; however, losses occur. A net operating loss (NOL) can occur when deductible business expenses and losses exceed gross income. The provisions under §172, <i>Net Operating Loss Deduction</i>, are important because tax professionals increasingly find themselves working with clients who are incurring net operating losses (NOLs). Without a basic understanding of NOLs, tax professionals cannot provide their clients with the best possible tax outcome. In addition to NOLs, the IRS analyzes an NOL under alternative minimum tax rules. This course enhances the tax professional’s understanding of NOLs and alternative minimum tax NOLs (ATNOLs). For individuals, the CARES Act made changes to NOLs generated in 2018-2020. </p>
<h3>Objectives</h3>
<p>Upon completion of this course, you will be able to:
<ul>
<li>Determine if a business or individual incurred an NOL</li>
<li>Calculate the NOL </li>
<li>Identify when a taxpayer is eligible to make an election to carry forward and carry back an NOL</li>
<li>Distinguish between business and nonbusiness income and losses to correctly calculate the NOL</li>
<li>Define changes made by the CARES Act</li>
<li>Correctly calculate an ATNOL and the effect of tax preference items</li>
<li>Compute the NOL carryover and carryback when there is a filing status change </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>
| 2021-02-22T06:00:00Z | 2022-12-31T06:00:00Z | None | 2021-07-01T05:00:00Z | 2021-07-01T05:00:00Z | | | | | | SS21327 | Basic | 4 | Federal Tax Law Topic | 0 | N/A | 2021-07-01T05:00:00Z | 2021-02-22T06:00:00Z | | QAS Self-Study | | | | | | | | | 4 | Federal Tax Law Topic | 4 | 4 | Taxes | None | | Federal Tax Law Topic | 4 CPE for AFSP, EA, CPA, CRTP | | /EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2021/NetOperatingLosses_TOC.pdf | self study | 2021 | June | 2022-12-31T06:00:00Z | 2022-12-31T06:00:00Z | | | | 127 | 134 | 0 | 101 | | | | | | | | | | | no | no | yes | no | | | | |
| self study | Options for Paying IRS Debt Self-Study | <h3>Summary</h3>
<p>If a taxpayer is struggling to pay their tax debt, the IRS has streamlined options available to assist taxpayers with making installment payments and resolving balances owed. Being able to assist a delinquent taxpayer is a valuable service to offer your clients to help them get out of tax debt. This course helps you understand the IRS collection process, procedures, updates due to the IRS Taxpayer Relief Initiative and the rights a taxpayer has to settle a delinquent tax bill so you may more effectively serve your clients.</p>
<h3>Objectives</h3>
<p>Upon completion of this course, you will be able to:
<ul>
<li>Identify when to use Form 2848 or Form 8821 to gain authorization and information</li>
<li>Describe the IRS collection process and the procedures used by the IRS to collect delinquent taxes</li>
<li>List the various alternatives a taxpayer can use to extend the time to pay delinquent taxes</li>
<li>Identify when a taxpayer qualifies for a streamlined installment agreement</li>
<li>Calculate an offer in compromise amount for an IRS tax liability</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>
| 2021-02-22T06:00:00Z | 2022-12-31T06:00:00Z | None | 2021-07-01T05:00:00Z | 2021-07-01T05:00:00Z | | | | | | SS21354 | Intermediate | 4 | Federal Tax Law Topic | 0 | N/A | 2021-07-01T05:00:00Z | 2021-02-22T06:00:00Z | | QAS Self-Study | | | | | | | | | 4 | Federal Tax Law Topic | 4 | 4 | Taxes | Basic knowledge of individual taxation | | Federal Tax Law Topic | 4 CPE for AFSP, EA, CPA, CRTP | | /EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2021/OptionsforPayingIRSDebt_TOC.pdf | self study | 2021 | June | 2022-12-31T06:00:00Z | 2022-12-31T06:00:00Z | | | | 127 | 134 | 0 | 101 | | | | | | | | | | | no | no | yes | no | | | | |
| self study | QBI and Choosing a Business Entity Self-Study | <h3>Summary</h3>
<p>In this valuable course, we will review qualified business income (QBI) from the standpoint of the entity and complete several case studies. 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 rules regarding 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 through QBI to partners and shareholders</li>
<li>Correctly report income and expenses to adhere to QBI rules</li>
<li>Complete Forms 1065 and 1120S 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 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>
| 2021-02-23T06:00:00Z | 2022-12-31T06:00:00Z | None | 2021-07-01T05:00:00Z | 2021-07-01T05:00:00Z | | | | | | SS21331 | Intermediate | 4 | Federal Tax Law Topic | 0 | N/A | 2021-07-01T05:00:00Z | 2021-02-23T06:00:00Z | | QAS Self Study | | | | | | | | | 4 | Federal Tax Law Topic | 4 | 4 | Taxes | General tax knowledge | | Federal Tax Law Topic | 4 CPE for AFSP, EA, CPA, CRTP | | /EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2021/QBIandChoosingaBusinessEntity_TOC.pdf | self study | 2021 | June | 2022-12-31T06:00:00Z | 2022-12-31T06:00:00Z | | | | 127 | 134 | 0 | 101 | | | | | | | | | | | no | no | yes | no | | | | |
| self study | Foreclosures and Debt Cancellation Self-Study | <h3>Summary</h3>
<p>Taxpayers may find themselves unable to repay home mortgages, credit card debt, or other personal or business loans. Foreclosures can be an unfortunate occurrence during these situations. Naturally, this event is emotional for taxpayers and they look to their tax professional for guidance on how this affects their tax situation. When a foreclosure occurs, the result is a deemed sale of the property. If the creditor cancels the debt, the debtor may or may not have to recognize income. This course guides the tax professional through the rules for foreclosures, explains how to include or exclude income from debt cancellation on the debtor’s tax return and explores the effect of excluding canceled debt on the taxpayer’s other tax attributes.</p>
<h3>Objectives</h3>
<p>Upon completion of this course, you will be able to:
<ul>
<li>Apply information from Form 1099-A, <i>Acquisition or Abandonment of Secured Property</i>, when reporting the foreclosure</li>
<li>Determine the deemed sale price of the foreclosure property to record the taxation of a deemed sale</li>
<li>Determine if debt is recourse or nonrecourse</li>
<li>Identify the date a debt is canceled</li>
<li>Identify when creditors must issue Form 1099-C, Cancellation of Debt</li>
<li>Determine if a taxpayer is insolvent</li>
<li>Complete Form 982, <i>Reduction of Tax Attributes Due to Discharge of Indebtedness (and Section 1082 Basis Adjustment)</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>
| 2021-02-11T06:00:00Z | 2022-12-31T06:00:00Z | None | 2021-05-01T05:00:00Z | 2021-05-01T05:00:00Z | | | | | | SS21338 | Basic | 2 | Federal Tax Law Topic | 0 | N/A | 2021-05-01T05:00:00Z | 2021-02-11T06:00:00Z | | QAS Self Study | | | | | | | | | 2 | Federal Tax Law Topic | 2 | 2 | Taxes | None | | Federal Tax Law Topic | 2 CPE for AFSP, EA, CPA, CRTP | | /EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2021/ForeclosuresandDebtCancellation%20TOC.pdf | self study | 2021 | May | 2022-12-31T06:00:00Z | 2022-12-31T06:00:00Z | | | | 80 | 84 | 0 | 63 | | | | | | | | | | | no | no | yes | no | | | | |
| self study | Intermediate Partnerships Self-Study | <h3>Summary</h3>
<p>Partnership taxation can be a complicated subject. They can operate as limited partnerships, limited liability companies or general partnerships. The form of business can alter a partner’s taxation. In addition, there are various elections made at the partnership level that serve as planning tools. This course furthers the knowledge of tax professionals who already have a basic understanding of partnership taxation.</p>
<h3>Objectives</h3>
<p>Upon completion of this course, you will be able to:
<ul>
<li>Understand the different types of partnerships</li>
<li>Recognize tax basis partner capital accounts</li>
<li>Identify limited partners for purposes of self-employment tax</li>
<li>List the important tax rules regarding special allocations for partnerships</li>
<li>Summarize important rules regarding guaranteed payments</li>
<li>Identify when a §754 election can be performed</li>
<li>Calculate basis adjustments required by a §754 election</li>
<li>Prepare Form 8308, <i>Report of a Sale or Exchange of Certain Partnership Interests</i></li>
<li>Identify disguised sales</li>
<li>Prepare Form 1065 when one partner leaves a two-partner partnership</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>
| 2021-02-11T06:00:00Z | 2022-12-31T06:00:00Z | None | 2021-05-01T05:00:00Z | 2021-05-01T05:00:00Z | | | | | | SS21310 | Intermediate | 8 | Federal Tax Law Topic | 0 | N/A | 2021-05-01T05:00:00Z | 2021-02-11T06:00:00Z | | QAS Self Study | | | | | | | | | 8 | Federal Tax Law Topic | 8 | 8 | Taxes | Basic knowledge of preparing a partnership return | | Federal Tax Law Topic | 8 CPE for AFSP, EA, CPA, CRTP | | /EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2021/IntermediatePartnerships%20TOC.pdf | self study | 2021 | May | 2022-12-31T06:00:00Z | 2022-12-31T06:00:00Z | | | | 212 | 223 | 0 | 167 | | | | | | | | | | | no | no | yes | no | | | | |
| self study | Intermediate S Corporations Self-Study | <h3>Summary</h3>
<p>This hands-on course is geared to tax professionals who have prepared S corporation returns and are looking to improve their skills and proficiency. This course furthers the knowledge of tax professionals who have a basic understanding of S corporation taxation. Topics covered include reasonable compensation, built-in gains tax, distributions and stock basis, qualified business income deduction, 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>Recognize if an S corporation is paying a reasonable salary to its shareholder-employees</li>
<li>Identify corporations subject to built-in gains tax</li>
<li>Compute and report built-in gains tax</li>
<li>Calculate the shareholder’s S corporation stock basis</li>
<li>Determine the timing and ordering rules for basis adjustments</li>
<li>Explain how distributions from an S corporation are taxed</li>
<li>Describe the qualified business income deduction</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 an ownership change</li>
<li>Identify an inadvertent termination of the S election and summarize how to correct it</li>
<li>Prepare a final Form 1120S for the year of liquidation</li>
<li>Report S corporation 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>
| 2021-02-11T06:00:00Z | 2022-12-31T06:00:00Z | None | 2021-06-01T05:00:00Z | 2021-06-01T05:00:00Z | | | | | | SS21311 | Intermediate | 8 | Federal Tax Law Topic | 0 | N/A | 2021-06-01T05:00:00Z | 2021-02-11T06:00:00Z | | QAS Self Study | | | | | | | | | 8 | Federal Tax Law Topic | 8 | 8 | Taxes | Basic understanding of preparing Form 1120S | | Federal Tax Law Topic | 8 CPE for AFSP, EA, CPA, CRTP | | /EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2021/IntermediateSCorporations%20TOC.pdf | self study | 2021 | May | 2022-12-31T06:00:00Z | 2022-12-31T06:00:00Z | | | | 212 | 223 | 0 | 167 | Available June 2021 | | Available June 2021 | Available June 2021 | | Available June 2021 | | | | | no | no | yes | no | | | | |
| On-Demand Webinar | Cybersecurity - Ensuring Security Compliance with the Virtual Firm | <h3>Summary</h3>
<p>This course was recorded at the 2021 TaxCon, NATP's virtual event, and was highly recommended by attendees.</p>
<p>This last year brought changes to our industry we never expected, including an unexpected and urgent migration to working virtually. This quick migration may have opened up a lot of firms to potential threats and noncompliance of <i>Gramm-Leach-Bliley Act</i>.</p>
<h3>Objectives</h3>
<p>Upon completion of this course, you will be able to:
<ul>
<li>Analyze how the <i>Gramm-Leach-Bliley Act</i> applies to a virtual or remote work</li>
<li>Update and modify a security plan to account for virtual needs and risks </li>
<li>Identify both the hardware and software threats, and vocabulary related to virtual operations </li>
<li>Migrate to online or in-person operations with confidence that your data is not at risk </li>
<li>Speak confidently with a client about your firm's policies and procedures without compromising your confidential plan, but also building client faith </li>
</ul>
<h3>Course Details</h3>
<p>This on-demand webinar includes the presentation slides, exam questions, and recording of the webinar broadcast with review questions. CPE is issued after exam is successfully completed.</p> | 2022-01-14T06:00:00Z | 2023-12-31T06:00:00Z | None | 2022-01-14T06:00:00Z | | | | | | | BPEODW2207 | Intermediate | 2 | Federal Tax Law Topic | 0 | N/A | 2022-01-14T06:00:00Z | | | QAS Self Study | Premium: $0 | Professional: $0 | Basic: $0 | Nonmembers: Not available | | | | | | | | 2 | Federal Tax Law Topic | 2 | 2 | Taxes | Basic experience with technology and related terminology | Brad Messner, MBA, EA | Federal Tax Law Topic | 2 CPE for AFSP, EA, CPA, CRTP | | | on-demand webinar | 2022 | January | 2023-12-31T06:00:00Z | | | 100 minutes | | | | | | | | | | | | | | | | yes | no | yes | yes | | | | |
| On-Demand Webinar | Diversifying Your Services for Year-Round Revenue On-Demand Webinar | <h3>Summary</h3>
<p>For many accounting and bookkeeping professionals, the year revolves around tax season. As a result, most revenue opportunities are concentrated in tax preparation services. Join this informative webinar to learn how practitioners — including the presenter, Josh Lance — have expanded their business models to focus more on recurring revenue and less on tax season revenue. In addition to service line diversification, you'll hear about the importance of how engagement letters are created and delivered, the methods of receiving payment, and where to get support in setting up or improving your own process.</p>
<h3>Objectives</h3>
<p>Upon completion of this course, you will be able to:
<ul>
<li>Identify new services to provide to tax clients</li>
<li>Identify ways to structure your firm to be less reliant on tax season revenue</li>
<li>Recognize how to leverage sales and marketing efforts to obtain new revenue sources</li>
</ul>
<h3>Course Details</h3>
<p>This on-demand webinar includes the presentation slides, exam questions, recording of the webinar broadcast with review questions, and attendee top questions. CPE is issued after exam is successfully completed.</p>
| 2022-04-11T05:00:00Z | 2023-12-31T06:00:00Z | None | 2022-04-11T05:00:00Z | | | | | | | BPEODW2221 | Basic | 0 | | 0 | | 2022-04-11T05:00:00Z | | | QAS Self Study | Premium: $0 | Professional: $0 | Basic: $0 | Nonmembers: $0 | | | | | | | | 0 | | 0 | 0 | | None | Josh Lance, CPA | | 0 CPE for AFSP, EA, CPA, CRTP | | | on-demand webinar | 2022 | June | 2022-12-31T06:00:00Z | | | 50 minutes | | | | | | | | | | | | | | | | yes | no | yes | yes | | | <p></p> | |
| On-Demand Webinar | Ethics and the Tax Professional On-Demand Webinar | <h3>Summary</h3>
<p>Each year, taxpayer actions, or simply changes in the law, present tax preparers with more and more ethical dilemmas. Circular 230, <i>Regulations Governing Practice before the Internal Revenue Service</i>, provides standards to prevent tax preparers from overstepping their professional boundaries. This webinar summarizes key parts of Circular 230, common tax preparer penalties and key due diligence requirements.</p>
<h3>Objectives</h3>
<p>Upon completion of this course, you will be able to:
<ul>
<li>Summarize the key points of Circular 230</li>
<li>Summarize key due diligence requirements</li>
<li>Identify tax preparer penalties</li>
</ul>
<h3>Course Details</h3>
<p>This on-demand webinar includes the presentation slides, exam questions, recording of the webinar broadcast with review questions, and attendee top questions. CPE is issued after exam is successfully completed.</p>
| 2022-04-01T05:00:00Z | 2023-12-30T06:00:00Z | None | 2022-04-01T05:00:00Z | | | | | | | MBEODW2219 | Basic | 2 | Ethics | 0 | N/A | 2022-04-01T05:00:00Z | | | QAS Self Study | | | | | | | | | 2 | Ethics | 2 | 2 | Regulatory Ethics | None | | Ethics | 2 CPE for AFSP, EA, CPA, CRTP | | | on-demand webinar | 2022 | July | 2023-12-31T06:00:00Z | | | | | 0 | 88 | 0 | 0 | | | | | | | | | | | yes | yes | yes | yes | | | | |
| Live Webinar | Analyzing Energy Credits for Homes and Vehicles Webinar | <h3>Summary</h3>
<p>The <i>Inflation Reduction Act (IRA) of 2022</i> expanded, extended and added energy credits for energy efficient improvements taxpayers make to property, as well as for purchasing vehicles that leave a smaller carbon footprint. During this webinar, we will explain the provisions of the energy efficient home improvement credit and identify what property qualifies for the credit, as well as cover the updates to the residential clean energy credit. In addition, we will cover the latest guidance for the clean vehicle credit, the new credit for previously owned vehicles and the credit for qualified commercial clean vehicles.</p>
<h3>Objectives</h3>
<p>Upon completion of this course, you will be able to:
<ul>
<li>Explain the qualifications to claim the clean vehicle credit and the previously owned vehicle credit</li>
<li>Define requirements to claim the qualified commercial clean vehicle credit</li>
<li>Summarize property eligible for the energy efficient home improvement credit and the residential clean energy credit</li>
<li>Calculate the credit amount available</li>
</ul>
<h3>Course Details</h3>
<p>Subject matter experts will answer your questions during the presentation. We make every effort to answer as many questions as possible during the webinar but we may not be able to directly address every question.</p>
<p>This webinar includes the presentation slides, attendee top questions and access to the webinar recording.</p> | 2023-02-21T06:00:00Z | 2023-05-09T05:00:00Z | None | 2023-02-21T06:00:00Z | 2023-02-21T06:00:00Z | 2023-02-21T06:00:00Z | | | | | WEB2322 | Basic | 2 | Federal Tax Law Topic | 0 | NA | 2023-05-09T05:00:00Z | 2023-05-10T05:00:00Z | 2023-05-22T05:00:00Z | Group Internet Based | | | | | | | | | 2 | Federal Tax Law Topic | 2 | 2 | Taxes | None | Jaye Tritz, EA, CFP® | Federal Tax Law Topic | 2 CPE for AFSP, EA, CPA, CRTP | | | live webinar | 2023 | May | 2023-05-09T05:00:00Z | 2023-05-10T05:00:00Z | 2024-12-31T06:00:00Z | 100 minutes | | 92 | 96 | 0 | 72 | Tuesday, May 9, 2:00 p.m. - 4:00 p.m. CT | Tuesday, May 9, 2:00 p.m. - 4:00 p.m. CT | Tuesday, May 9, 2:00 p.m. - 4:00 p.m. CT | Wednesday, May 10, 10:00 a.m. - 12:00 p.m. CT | Wednesday, May 10, 10:00 a.m. - 12:00 p.m. CT | Wednesday, May 10, 10:00 a.m. - 12:00 p.m. CT | Pre-order on-demand webinar | Pre-order on-demand webinar | Pre-order on-demand webinar | | yes | no | yes | no | | | | |
| On-Demand Webinar | Analyzing Energy Credits for Home and Vehicles On-Demand Webinar | <h3>Summary</h3>
<p>The <i>Inflation Reduction Act (IRA) of 2022</i> expanded, extended and added energy credits for energy efficient improvements taxpayers make to property, as well as for purchasing vehicles that leave a smaller carbon footprint. During this webinar, we will explain the provisions of the energy efficient home improvement credit and identify what property qualifies for the credit, as well as cover the updates to the residential clean energy credit. In addition, we will cover the latest guidance for the clean vehicle credit, the new credit for previously owned vehicles and the credit for qualified commercial clean vehicles.</p>
<h3>Objectives</h3>
<p>Upon completion of this course, you will be able to:
<ul>
<li>Explain the qualifications to claim the clean vehicle credit and the previously owned vehicle credit</li>
<li>Define requirements to claim the qualified commercial clean vehicle credit</li>
<li>Summarize property eligible for the energy efficient home improvement credit and the residential clean energy credit</li>
<li>Calculate the credit amount available</li>
</ul>
<h3>Course Details</h3>
<p>This on-demand webinar includes the presentation slides, exam questions, recording of the webinar broadcast with review questions, and attendee top questions. CPE is issued after exam is successfully completed.</p>
| 2023-02-21T06:00:00Z | 2024-12-30T06:00:00Z | None | 2023-02-21T06:00:00Z | | | | | | | ODW2322 | Basic | 2 | Federal Tax Law Topic | 0 | NA | 2023-02-21T06:00:00Z | | | QAS Self Study | | | | | | | | | 2 | Federal Tax Law Topic | 2 | 2 | Taxes | None | Jaye Tritz, EA, CFP® | Federal Tax Law Topic | 2 CPE for AFSP, EA, CPA, CRTP | | | on-demand webinar | 2023 | May | 2024-12-31T06:00:00Z | | | 100 minutes | | 92 | 96 | 0 | 72 | Available May 2023 | Available May 2023 | Available May 2023 | | | | | | | | yes | no | yes | no | | | | |
| Live Webinar | Filing Amended Returns for Your Clients Webinar | <h3>Summary</h3>
<p>Taxpayers often surprise us with corrected tax documents, or new information or tax documents, making the return originally filed incorrect. This webinar addresses when you should file Form 1040-X, <i>Amended U.S. Individual Income Tax Return</i>, versus letting the IRS correct the error. Also, we will identify when a Form 1040-X can be electronically filed and when it must still be paper-filed. Finally, we will walk through how to prepare an amended return, as well as some tips and tricks to help you through the process.</p>
<h3>Objectives</h3>
<p>Upon completion of this course, you will be able to:
<ul>
<li>Determine when to file a Form 1040-X</li>
<li>Identify when an amended Form 1040-X can be filed electronically or mailed in</li>
<li>Prepare Form 1040-X</li>
</ul>
<h3>Course Details</h3>
<p>Subject matter experts will answer your questions during the presentation. We make every effort to answer as many questions as possible during the webinar but we may not be able to directly address every question.</p>
<p>This webinar includes the presentation slides, attendee top questions and access to the webinar recording.</p> | 2023-02-22T06:00:00Z | 2023-05-02T05:00:00Z | None | 2023-02-22T06:00:00Z | 2023-02-22T06:00:00Z | 2023-02-22T06:00:00Z | | | | | WEB2321 | Overview | 1 | Federal Tax Law Topic | 0 | NA | 2023-05-02T05:00:00Z | 2023-05-03T05:00:00Z | 2023-05-12T05:00:00Z | Group Internet Based | | | | | | | | | 1 | Federal Tax Law Topic | 1 | 1 | Taxes | None | Misty Erickson | Federal Tax Law Topic | 1 CPE for AFSP, EA, CPA, CRTP | | | live webinar | 2023 | May | 2023-05-02T05:00:00Z | 2023-05-03T05:00:00Z | 2024-12-31T06:00:00Z | 50 minutes | | 46 | 48 | 0 | 36 | Tuesday, May 2, 2:00 p.m. - 3:00 p.m. CT | Tuesday, May 2, 2:00 p.m. - 3:00 p.m. CT | Tuesday, May 2, 2:00 p.m. - 3:00 p.m. CT | Wednesday, May 3, 10:00 a.m. - 11:00 a.m. CT | Wednesday, May 3, 10:00 a.m. - 11:00 a.m. CT | Wednesday, May 3, 10:00 a.m. - 11:00 a.m. CT | Pre-order on-demand webinar | Pre-order on-demand webinar | Pre-order on-demand webinar | | yes | no | yes | no | | | | |
| On-Demand Webinar | Filing Amended Returns for Your Clients On-Demand Webinar | <h3>Summary</h3>
<p>Taxpayers often surprise us with corrected tax documents, or new information or tax documents, making the return originally filed incorrect. This webinar addresses when you should file Form 1040-X, <i>Amended U.S. Individual Income Tax Return</i>, versus letting the IRS correct the error. Also, we will identify when a Form 1040-X can be electronically filed and when it must still be paper-filed. Finally, we will walk through how to prepare an amended return, as well as some tips and tricks to help you through the process.</p>
<h3>Objectives</h3>
<p>Upon completion of this course, you will be able to:
<ul>
<li>Determine when to file a Form 1040-X</li>
<li>Identify when an amended Form 1040-X can be filed electronically or mailed in</li>
<li>Prepare Form 1040-X</li>
</ul>
<h3>Course Details</h3>
<p>This on-demand webinar includes the presentation slides, exam questions, recording of the webinar broadcast with review questions, and attendee top questions. CPE is issued after exam is successfully completed.</p> | 2023-02-22T06:00:00Z | 2024-12-31T06:00:00Z | None | 2023-02-22T06:00:00Z | | | | | | | ODW2321 | Overview | 1 | Federal Tax Law Topic | 0 | NA | 2023-02-22T06:00:00Z | | | QAS Self Study | | | | | | | | | 1 | Federal Tax Law Topic | 1 | 1 | Taxes | None | Misty Erickson | Federal Tax Law Topic | 1 CPE for AFSP, EA, CPA, CRTP | | | on-demand webinar | 2023 | May | 2024-12-31T06:00:00Z | | | 50 minutes | | 46 | 48 | 0 | 36 | Available May 2023 | Available May 2023 | Available May 2023 | | | | | | | | yes | no | yes | no | | | | |
| self-study | Medical Tax Issues Self-Study | <h3>Summary</h3>
<p>The health insurance options currently available to employees and the self-employed often have tax implications that are not well understood by the typical taxpayer. As a result, taxpayers are increasingly looking to their tax professionals for guidance. This course will help tax professionals provide that guidance by giving them an overview of the tax treatment of 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. Additionally, it looks at how eligible individuals can claim a premium tax credit for health insurance purchased in the Marketplace. This course also explains how to calculate and report the premium tax 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 and compute the deduction limit</li>
<li>Report HSA contributions and distributions on Form 8889, <i>Health Savings Accounts (HSAs)</i></li>
<li>Explain 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>File Form 720, <i>Quarterly Federal Excise Tax Return</i>, to report the excise tax imposed on HRAs</li>
<li>Compute the premium tax credit in different situations</li>
<li>Explain 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>
| 2022-09-28T05:00:00Z | 2023-12-31T06:00:00Z | None | 2022-09-28T05:00:00Z | 2022-09-28T05:00:00Z | | | | | | SS22356 | Intermediate | 4 | Federal Tax Law Topic | 0 | NA | 2022-09-28T05:00:00Z | 2022-09-28T05:00:00Z | | QAS Self Study | | | | | | | | | 4 | Federal Tax Law Topic | 4 | 4 | Taxes | Basic knowledge of individual taxation | | Federal Tax Law Topic | 4 CPE for AFSP, EA, CPA, CRTP | | /EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2022/SS22_MedicalTaxIssues_TOC.pdf | self study | 2022 | October | 2023-12-31T06:00:00Z | 2023-12-31T06:00:00Z | | | | 134 | 141 | 0 | 106 | Available October 2022 | | Available October 2022 | Available October 2022 | | Available October 2022 | | | | | no | no | yes | no | | | | |
| self-study | Tax Impact of Having a Child Self-Study | <h3>Summary</h3>
<p>Having a child can be expensive. Whether it’s diapers, child care or health insurance coverage, raising a child often strains family budgets. However, the Tax Code offers some assistance to parents that all tax preparers must know to ensure their clients receive all of benefits to which they are entitled. This course examines a variety of tax issues involving children ranging in age from 0 to adulthood. Topics covered include tax credits available to taxpayers with dependent children on the Form 1040, who qualifies as a dependent for federal tax purposes, kiddie tax rules and tax benefits for qualified education expenses.</p>
<h3>Objectives</h3>
<p>Upon completion of this course, you will be able to:
<ul>
<li>Apply the dependency rules for a child</li>
<li>Recognize when a child is subject to kiddie tax, which tax rate applies and how it is reported</li>
<li>Define the tax credits available to taxpayers with dependent children</li>
<li>Calculate the child tax credit</li>
<li>Summarize the requirements to claim education credits</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> | 2023-03-06T06:00:00Z | 2024-12-31T06:00:00Z | None | 2023-05-01T05:00:00Z | 2023-05-01T05:00:00Z | | | | | | SS23333 | Intermediate | 4 | Federal Tax Law Topic | 0 | NA | 2023-05-01T05:00:00Z | 2023-05-01T05:00:00Z | | QAS Self Study | | | | | | | | | 4 | Federal Tax Law Topic | 4 | 4 | Taxes | Knowledge of basic individual and fiduciary income tax | | Federal Tax Law Topic | Available May 2023 - 4 CPE for AFSP, EA, CPA, CRTP | | | self study | 2023 | May | 2024-12-31T06:00:00Z | 2024-12-31T06:00:00Z | | | | 141 | 148 | 0 | 111 | Available May 2023 | | Available May 2023 | Available May 2023 | | Available May 2023 | | | | | no | no | yes | no | | | | |
| self-study | Like-Kind Exchanges Self-Study | <h3>Summary</h3>
<p>Like-kind exchanges remain a powerful tax deferral tool for real property business or investment assets. This course is designed to help tax professionals recognize the qualifications and tax reporting of like-kind exchanges under §1031. We’ll explore the basic tax and nontax treatment of like-kind exchanges, along with related transactions that apply to the like-kind exchange.</p>
<h3>Objectives</h3>
<p>Upon completion of this course, you will be able to:
<ul>
<li>Identify qualifying like-kind property</li>
<li>Calculate the tax basis of property received in a like-kind exchange</li>
<li>Describe the tax consequences of related party exchanges</li>
<li>Report a like-kind exchange on Form 8824</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>
| 2023-03-06T06:00:00Z | 2024-12-31T06:00:00Z | None | 2023-05-01T05:00:00Z | 2023-05-01T05:00:00Z | | | | | | SS23350 | Intermediate | 4 | Federal Tax Law Topic | 0 | NA | 2023-05-01T05:00:00Z | 2023-05-01T05:00:00Z | | QAS Self Study | | | | | | | | | 4 | Federal Tax Law Topic | 4 | 4 | Taxes | Basic understanding of sale of real property | | Federal Tax Law Topic | Available May 2023 - 4 CPE for AFSP, EA, CPA, CRTP | | | self study | 2023 | May | 2024-12-31T06:00:00Z | 2024-12-31T06:00:00Z | | | | 141 | 148 | 0 | 111 | Available May 2023 | | Available May 2023 | Available May 2023 | | Available May 2023 | | | | | no | no | yes | no | | | | |
| self-study | Basics of Basis Self-Study | <h3>Summary</h3>
<p>Determining the basis in items that are bought and sold is critical for a number of tax calculations. Establishing the basis in an asset provides tax preparers with a value they can use to work out such things as the gain or loss when the item is sold, depreciation and capital recovery. This course provides the tools that will allow you to establish an asset’s initial basis and make adjustments to that basis. The course will also address how basis is calculated for tangible (including real and personal property) or intangible 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 in items acquired by various means, 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 and mutual funds</li>
<li>Apply the timing and ordering rules for basis adjustments</li>
<li>Differentiate between a partner’s outside and inside basis in a partnership</li>
<li>Identify the differences between an S corporation shareholder’s stock basis and debt basis</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>
| 2023-03-06T06:00:00Z | 2024-12-31T06:00:00Z | None | 2023-05-01T05:00:00Z | 2023-05-01T05:00:00Z | | | | | | SS23305 | Basic | 4 | Federal Tax Law Topic | 0 | NA | 2023-05-01T05:00:00Z | 2023-05-01T05:00:00Z | | QAS Self Study | | | | | | | | | 4 | Federal Tax Law Topic | 4 | 4 | Taxes | None | | Federal Tax Law Topic | Available May 2023 - 4 CPE for AFSP, EA, CPA, CRTP | | | self study | 2023 | May | 2024-12-31T06:00:00Z | 2024-12-31T06:00:00Z | | | | 141 | 148 | 0 | 111 | Available May 2023 | | Available May 2023 | Available May 2023 | | Available May 2023 | | | | | no | no | yes | no | | | | |
| self-study | Basics of Business Entity Taxation Self-Study | <h3>Summary</h3>
<p>Preparing a business entity tax return requires knowledge in both tax law and its application. This course covers a variety of topics such as entity structure; how to properly record and report the business activity in the books and records, and on the tax return; differentiate between assets that are expensed and those that need to be capitalized and depreciated; and determine what is included in income and which expenses are deductible. Finally, the text will walk you through line-by-line procedures for a basic tax return for partnerships, S corporations and C corporations.</p>
<h3>Objectives</h3>
<p>Upon completion of this course, you will be able to:
<ul>
<li>Summarize basic bookkeeping procedures</li>
<li>Distinguish between taxable and nontaxable income, and deductible and nondeductible expenses</li>
<li>Differentiate between capital assets and expendable repairs</li>
<li>Summarize the differences between MACRS, §179 and bonus depreciation</li>
<li>Compare and contrast the various entity structures</li>
<li>Summarize the tax effects of forming a partnership, S corporation and C corporation</li>
<li>Prepare a basic partnership, S corporation and C corporation tax return</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>
| 2023-03-06T06:00:00Z | 2024-12-31T06:00:00Z | None | 2023-05-01T05:00:00Z | 2023-05-01T05:00:00Z | | | | | | SS23319 | Basic | 12 | Federal Tax Law Topic | 0 | NA | 2023-05-01T05:00:00Z | 2023-05-01T05:00:00Z | | QAS Self Study | | | | | | | | | 12 | Federal Tax Law Topic | 12 | 12 | Taxes | None | | Federal Tax Law Topic | Available May 2023 - 12 CPE for AFSP, EA, CPA, CRTP | | | self study | 2023 | May | 2024-12-31T06:00:00Z | 2024-12-31T06:00:00Z | | | | 344 | 362 | 0 | 272 | Available May 2023 | | Available May 2023 | Available May 2023 | | Available May 2023 | | | | | no | no | yes | no | | | | |
| self-study | Tax Issues for Seniors Self-Study | <h3>Summary</h3>
<p>As taxpayers enter retirement, tax professionals can offer tax planning guidance, so their clients receive all the tax benefits available to them in their new stage of life. For the early years of retirement, this course explains the taxability of Social Security benefits and distributions from different types of retirement plans, including how to plan for required minimum distributions (RMDs). It also covers the tax consequences of long-term care insurance, as well as the deductibility of long-term care expenses in the later stages of retirement. Finally, the course wraps up by discussing the pros and cons of creating a life estate.</p>
<h3>Objectives</h3>
<p>Upon completion of this course, you will be able to:
<ul>
<li>Evaluate certain credits and deductions available to senior taxpayers</li>
<li>Report long-term care expenses and insurance benefits</li>
<li>Determine the taxable amount of various payments received in retirement</li>
<li>Solve unique tax problems when receiving Social Security benefits in certain circumstances</li>
<li>Identify tax benefits children may claim for elderly parents</li>
<li>Summarize the rules for required minimum distributions </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> | 2023-03-06T06:00:00Z | 2024-12-31T06:00:00Z | None | 2023-05-01T05:00:00Z | 2023-05-01T05:00:00Z | | | | | | SS23352 | Intermediate | 4 | Federal Tax Law Topic | 0 | NA | 2023-05-01T05:00:00Z | 2023-05-01T05:00:00Z | | QAS Self Study | | | | | | | | | 4 | Federal Tax Law Topic | 4 | 4 | Taxes | Basic knowledge of individual taxation | | Federal Tax Law Topic | Available May 2023 - 4 CPE for AFSP, EA, CPA, CRTP | | /EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2023/SS23_TaxIssuesforSeniors_TOC.pdf | self study | 2023 | May | 2024-12-31T06:00:00Z | 2024-12-31T06:00:00Z | | | | 141 | 148 | 0 | 111 | Available May 2023 | | Available May 2023 | Available May 2023 | | Available May 2023 | | | | | no | no | yes | no | | | | |
| self-study | K-1s for Form 1065 Self-Study | <h3>Summary</h3>
<p>Taxpayers who are partners in partnerships (or members in LLCs taxed as partnerships) will receive a Schedule K-1 (Form 1065), <i>Partner's Share of Income, Deductions, Credits, etc</i>. The amount of loss and deductions taxpayers may claim on their individual tax returns may be less than the amount reported on the Schedule K-1 due to various limitations. It is the partner’s responsibility to consider and apply any applicable limitations. This course examines what tax preparers need to know to report the information provided to a partner on Schedule K-1. Learn about the various elections available and whether they are made by the partner or the partnership. Finally, 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 outside basis, at-risk basis and passive loss 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>Report Schedule K-1 information on the individual partner’s tax return</li>
<li>Report certain items on the partner’s tax 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> | 2023-03-06T06:00:00Z | 2024-12-31T06:00:00Z | None | 2023-05-01T05:00:00Z | 2023-05-01T05:00:00Z | | | | | | SS23324 | Basic | 4 | Federal Tax Law Topic | 0 | NA | 2023-05-01T05:00:00Z | 2023-05-01T05:00:00Z | | QAS Self Study | | | | | | | | | 4 | Federal Tax Law Topic | 4 | 4 | Taxes | None | | Federal Tax Law Topic | Available May 2023 - 4 CPE for AFSP, EA, CPA, CRTP | | | self study | 2023 | May | 2024-12-31T06:00:00Z | 2024-12-31T06:00:00Z | | | | 141 | 148 | 0 | 111 | Available May 2023 | | Available May 2023 | Available May 2023 | | Available May 2023 | | | | | no | no | yes | no | | | | |
| self-study | Preparing C Corporation Returns Self-Study | <h3>Summary</h3>
<p>This course is ideal for tax professionals who have never prepared Form 1120, <i>U.S. Corporation Income Tax Return</i>, or for those with limited experience. The course covers basic information regarding how to incorporate a domestic C corporation. It goes into line-by-line instructions on how to prepare Form 1120 along with explanations of the various types of income and expenses reported on the return. Lastly, there is a discussion on the tax treatment of various types of distributions from the C corporation to the shareholders.</p>
<h3>Objectives</h3>
<p>Upon completion of this course, you will be able to:
<ul>
<li>Summarize the advantages and disadvantages of forming a C corporation</li>
<li>Recognize if §351 applies at incorporation</li>
<li>Select a tax year and accounting method </li>
<li>Differentiate between taxable and non-taxable income, and deductible and non-deductible expenses</li>
<li>Explain C corporation taxation</li>
<li>Summarize the taxation of distributions </li>
<li>Prepare a basic Form 1120</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>
| 2023-03-06T06:00:00Z | 2024-12-31T06:00:00Z | None | 2023-05-01T05:00:00Z | 2023-05-01T05:00:00Z | | | | | | SS23328 | Basic | 8 | Federal Tax Law Topic | 0 | NA | 2023-05-01T05:00:00Z | 2023-05-01T05:00:00Z | | QAS Self Study | | | | | | | | | 8 | Federal Tax Law Topic | 8 | 8 | Taxes | None | | Federal Tax Law Topic | Available May 2023 - 8 CPE for AFSP, EA, CPA, CRTP | | | self study | 2023 | May | 2024-12-31T06:00:00Z | 2024-12-31T06:00:00Z | | | | 234 | 246 | 0 | 185 | Available May 2023 | | Available May 2023 | Available May 2023 | | Available May 2023 | | | | | no | no | yes | no | | | | |
| On-Demand Webinar | Preparing Taxes for a Farmer On-Demand Webinar | <h3>Summary</h3>
<p>Farming is a unique activity with its own set of special tax issues. Farmers may deduct business expenses such as real estate taxes and personal property taxes on farm business assets, including farm equipment, animals, farm buildings and more. In addition to knowing what can be deducted, tax professionals must know how to identify if a client’s farming is considered a hobby. This course will discuss several of these unique concepts and teach tax professionals how to calculate farming expenses and income averaging to save tax dollars for their farming clients.</p>
<h3>Objectives</h3>
<p>Upon completion of this course, you will be able to:
<ul>
<li>Identify whether a client’s activity is a farm activity</li>
<li>Evaluate whether a client’s farming activity is a hobby or for profit and summarize the implications</li>
<li>Identify various types of farm income and expenses</li>
<li>Apply depreciation methods unique to assets used in farming</li>
<li>Prepare Schedule J (Form 1040), <i>Income Averaging for Farmers and Fishermen</i></li>
</ul>
<h3>Course Details</h3>
<p>This on-demand webinar includes the presentation slides, exam questions, recording of the webinar broadcast with review questions, and attendee top questions. CPE is issued after exam is successfully completed.</p> | 2023-03-13T05:00:00Z | 2024-12-31T06:00:00Z | None | 2023-03-13T05:00:00Z | | | | | | | ODW2326 | Intermediate | 2 | Federal Tax Law Topic | 0 | NA | 2023-03-13T05:00:00Z | | | QAS Self Study | | | | | | | | | 2 | Federal Tax Law Topic | 2 | 2 | Taxes | Knowledge of basic business income tax concepts | Les Marti, EA | Federal Tax Law Topic | 2 CPE for AFSP, EA, CPA, CRTP | | | on-demand webinar | 2023 | June | 2024-12-31T06:00:00Z | | | 100 minutes | | 92 | 96 | 0 | 72 | Available June 2023 | | Available June 2023 | | | | | | | | yes | no | yes | no | | | | |
| Live Webinar | Protecting Clients from Overreaching IRS Agents in Audits Webinar | <h3>Summary</h3>
<p>The point of an audit, according to the IRS itself, is to review a taxpayer’s accounts and financial information to ensure information is correctly reported according to the tax laws and to verify the reported amount of tax is correct. However, there are times you might experience an auditor who loses sight of this goal. This course will review your options for what to do when the IRS employee seems to be working outside the scope of the audit, as well as the taxpayer bill of rights, the role of the taxpayer advocate and congressional constituent services.</p>
<h3>Objectives</h3>
<p>Upon completion of this course, you will be able to:
<ul>
<li>Describe the examination procedures auditors are supposed to follow</li>
<li>Explain the taxpayer bill of rights</li>
<li>Identify opportunities to get assistance when the examination process is not properly working </li>
</ul>
<h3>Course Details</h3>
<p>Subject matter experts will answer your questions during the presentation. We make every effort to answer as many questions as possible during the webinar but we may not be able to directly address every question.</p>
<p>This webinar includes the presentation slides and access to the webinar recording.</p> | 2023-03-16T05:00:00Z | 2023-06-23T05:00:00Z | None | 2023-03-16T05:00:00Z | | 2023-03-16T05:00:00Z | | | | | WEB2329 | Intermediate | 2 | Federal Tax Law Topic | 0 | NA | 2023-06-23T05:00:00Z | | 2023-07-07T05:00:00Z | Group Internet Based | | | | | | | | | 2 | Federal Tax Law Topic | 2 | 2 | Taxes | Basic understanding of federal income taxation and IRS procedures | Eric Green, Esq. | Federal Tax Law Topic | 2 CPE for AFSP, EA, CPA, CRTP | | | live webinar | 2023 | June | 2023-06-23T05:00:00Z | | 2024-12-31T06:00:00Z | 100 minutes | | 92 | 96 | 0 | 72 | Friday, June 23, 10:00 a.m. - 12:00 p.m. CT | Friday, June 23, 10:00 a.m. - 12:00 p.m. CT | Friday, June 23, 10:00 a.m. - 12:00 p.m. CT | | | | Pre-order on-demand webinar | Pre-order on-demand webinar | Pre-order on-demand webinar | | yes | no | yes | no | | | | |
| On-Demand Webinar | Protecting Clients from Overreaching IRS Agents in Audits On-Demand Webinar | <h3>Summary</h3>
<p>The point of an audit, according to the IRS itself, is to review a taxpayer’s accounts and financial information to ensure information is correctly reported according to the tax laws and to verify the reported amount of tax is correct. However, there are times you might experience an auditor who loses sight of this goal. This course will review your options for what to do when the IRS employee seems to be working outside the scope of the audit, as well as the taxpayer bill of rights, the role of the taxpayer advocate and congressional constituent services.</p>
<h3>Objectives</h3>
<p>Upon completion of this course, you will be able to:
<ul>
<li>Describe the examination procedures auditors are supposed to follow</li>
<li>Explain the taxpayer bill of rights</li>
<li>Identify opportunities to get assistance when the examination process is not properly working </li>
</ul>
<h3>Course Details</h3>
<p>This on-demand webinar includes the presentation slides, exam questions and recording of the webinar broadcast with review questions. CPE is issued after exam is successfully completed.</p>
| 2023-03-16T05:00:00Z | 2024-12-31T06:00:00Z | None | 2023-03-16T05:00:00Z | | | | | | | ODW2329 | Intermediate | 2 | Federal Tax Law Topic | 0 | NA | 2023-03-16T05:00:00Z | | | QAS Self Study | | | | | | | | | 2 | Federal Tax Law Topic | 2 | 2 | Taxes | Basic understanding of federal income taxation and IRS procedures | Eric Green, Esq. | Federal Tax Law Topic | 2 CPE for AFSP, EA, CPA, CRTP | | | on-demand webinar | 2023 | July | 2024-12-31T06:00:00Z | | | 100 minutes | | 92 | 96 | 0 | 72 | Available July 2023 | Available July 2023 | Available July 2023 | | | | | | | | yes | no | yes | no | | | | |
| Live Webinar | Completing Form 433 to Resolve an IRS Collection Case Webinar | <h3>Summary</h3>
<p>Form 433, <i>Collection Information Statements</i>, is a series of forms used by the IRS to gather financial information from taxpayers who owe taxes and are unable to pay in full. This information is used to determine a taxpayer's ability to pay their outstanding tax liabilities and establish a payment plan or settlement agreement. The biggest mistake made by practitioners is not understanding how the forms work and how the IRS uses its allowable expenses to determine how much the client can afford to pay. By the end of this webinar, you’ll understand the differences between these forms and how to resolve a taxpayer’s collection case using the reasonable collection potential (RCP) that the IRS calculates.</p>
<h3>Objectives</h3>
<p>Upon completion of this course, you will be able to:
<ul>
<li>Explain the uses the IRS has for the Form 433, <i>Collection Information Statements</i></li>
<li>Describe the impact of the allowable expenses on the IRS RCP calculation</li>
<li>Identify issues with Form 433 and explain which version to use for each type of case</li>
</ul>
<h3>Course Details</h3>
<p>Subject matter experts will answer your questions during the presentation. We make every effort to answer as many questions as possible during the webinar but we may not be able to directly address every question.</p>
<p>This webinar includes the presentation slides and access to the webinar recording.</p> | 2023-03-24T05:00:00Z | 2023-05-23T05:00:00Z | None | 2023-03-24T05:00:00Z | | 2023-03-24T05:00:00Z | | | | | WEB2324 | Intermediate | 2 | Federal Tax Law Topic | 0 | NA | 2023-05-23T05:00:00Z | | 2023-06-05T05:00:00Z | Group Internet Based | | | | | | | | | 2 | Federal Tax Law Topic | 2 | 2 | Taxes | Basic understanding of the collection process | Eric Green, Esq. | Federal Tax Law Topic | 2 CPE for AFSP, EA, CPA, CRTP | | | live webinar | 2023 | May | 2024-05-23T05:00:00Z | | 2024-12-31T06:00:00Z | 100 minutes | | 92 | 96 | 0 | 72 | Tuesday, May 23, 2:00 p.m. - 4:00 p.m. CT | Tuesday, May 23, 2:00 p.m. - 4:00 p.m. CT | Tuesday, May 23, 2:00 p.m. - 4:00 p.m. CT | | | | Pre-order on-demand webinar | Pre-order on-demand webinar | Pre-order on-demand webinar | | yes | no | yes | no | | | | |
| On-Demand Webinar | Completing Form 433 to Resolve an IRS Collection Case On-Demand Webinar | <h3>Summary</h3>
<p>Form 433, <i>Collection Information Statements</i>, is a series of forms used by the IRS to gather financial information from taxpayers who owe taxes and are unable to pay in full. This information is used to determine a taxpayer's ability to pay their outstanding tax liabilities and establish a payment plan or settlement agreement. The biggest mistake made by practitioners is not understanding how the forms work and how the IRS uses its allowable expenses to determine how much the client can afford to pay. By the end of this webinar, you’ll understand the differences between these forms and how to resolve a taxpayer’s collection case using the reasonable collection potential (RCP) that the IRS calculates.</p>
<h3>Objectives</h3>
<p>Upon completion of this course, you will be able to:
<ul>
<li>Explain the uses the IRS has for the Form 433, <i>Collection Information Statements</i></li>
<li>Describe the impact of the allowable expenses on the IRS RCP calculation</li>
<li>Identify issues with Form 433 and explain which version to use for each type of case</li>
</ul>
<h3>Course Details</h3>
<p>This on-demand webinar includes the presentation slides, exam questions and recording of the webinar broadcast with review questions. CPE is issued after exam is successfully completed.</p> | 2023-03-24T05:00:00Z | 2024-12-31T06:00:00Z | None | 2023-03-24T05:00:00Z | | | | | | | ODW2324 | Intermediate | 2 | Federal Tax Law Topic | 0 | NA | 2023-03-24T05:00:00Z | | | QAS Self Study | | | | | | | | | 2 | Federal Tax Law Topic | 2 | 2 | Taxes | Basic understanding of the collection process | | Federal Tax Law Topic | 2 CPE for AFSP, EA, CPA, CRTP | | | on-demand webinar | 2023 | June | 2024-12-31T06:00:00Z | | | 100 minutes | | 92 | 96 | 0 | 72 | Available May 2023 | | Available May 2023 | | | | | | | | yes | no | yes | no | | | | |
| On-Demand Webinar | Preparing the New Form 7203 for S Corporation Shareholders On-Demand Webinar | <h3>Summary</h3>
<p>The IRS just released a brand-new form, Form 7203, <i>S Corporation Shareholder Stock and Debt Basis Limitations</i>. This form must be filed with an S corporation shareholder’s 1040 if that shareholder claims a deduction for their share of an S corporation loss, received a loan repayment from an S corporation, disposed of stock in an S corporation or received a non-dividend distribution from the S corporation. In this webinar, we’ll go through the form, line by line, and advise you as to where to get the necessary information to fill it out correctly.</p><iframe src="https://fast.wistia.net/embed/iframe/t32ovabfmw" title="Webinar preview: Preparing Form 7203 Video" allow="autoplay; fullscreen" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" 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 when Form 7203 is required </li>
<li>Prepare Form 7203</li>
</ul>
<h3>Course Details</h3>
<p>This on-demand webinar includes the presentation slides, exam questions, and recording of the webinar broadcast with review questions. CPE is issued after exam is successfully completed.</p>
| 2022-01-25T06:00:00Z | 2023-12-31T06:00:00Z | None | 2022-01-25T06:00:00Z | | | | | | | MBEODW2208 | Basic | 1 | Federal Tax Law Topic | 0 | N/A | 2022-01-25T06:00:00Z | | | QAS Self Study | Premium: $0 | Professional: $0 | Basic: $0 | Nonmembers: $0 | | | | | | | | 1 | Federal Tax Law Topic | 1 | 1 | Taxes | None | Amy Wall, MBA, EA | Federal Tax Law Topic | 1 CPE for AFSP, EA, CPA, CRTP | | | on-demand webinar | 2022 | | 2023-12-31T06:00:00Z | | | 50 minutes | | | | | | | | | | | | | | | | yes | no | yes | yes | | | | |
| self study | Introduction to Schedule C Self-Study | <h3>Summary</h3>
<p>This course helps tax professionals who are new to sole proprietorship tax preparation. The course focuses on individual income tax issues and the preparation of Schedule C, <i>Profit or Loss from Business</i>. Additional topics 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, <i>Profit or Loss From Business</i></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>
| 2021-02-12T06:00:00Z | 2022-12-31T06:00:00Z | None | 2021-05-01T05:00:00Z | 2021-05-01T05:00:00Z | | | | | | SS21315 | Basic | 8 | Federal Tax Law Topic | 0 | N/A | 2021-05-01T05:00:00Z | 2021-02-12T06:00:00Z | | QAS Self-Study | | | | | | | | | 8 | Federal Tax Law Topic | 8 | 8 | Taxes | None | | Federal Tax Law Topic | 8 CPE for AFSP, EA, CPA, CRTP | | /EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2021/IntroductionToScheduleC%20TOC.pdf | self study | 2021 | May | 2022-12-31T06:00:00Z | 2022-12-30T06:00:00Z | | | | 212 | 223 | 0 | 167 | | | | | | | | | | | no | no | yes | no | | | | |
| self study | Introduction to Schedule F Self-Study | <h3>Summary</h3>
<p>Farming is a unique industry with its own set of special tax issues. Knowing these special rules is essential for tax professionals preparing farm tax returns. This course focuses on individual income tax issues to help tax professionals new to preparing farm tax returns. You will learn how to properly prepare Schedule F, <i>Profit or Loss From Farming</i>, and other major related forms, which depreciation and accounting methods are available to farmers, and how to identify hobby farms.</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>Differentiate between cash and accrual methods as related to farm income and expense reporting</li>
<li>Identify the sources of income generated from farming operations</li>
<li>Differentiate between taxable and tax-exempt government program payments</li>
<li>Identify the unique timing of certain farm income and expenses</li>
<li>Identify the proper reporting of farm-related income on Form 4797, <i>Sales of Business Property</i></li>
<li>Complete Schedule J, <i>Income Averaging for Farmers and Fishermen</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</li>
<li>Identify the requirements for claiming §179 and bonus depreciation</li>
<li>Complete Schedule SE, <i>Self-Employment Tax</i></li>
<li>List the nine relevant factors in the regulations under §183 that can be used to determine whether a farm has a profit motive</li>
<li>Summarize how to properly report the income and expenses from a farming activity that is 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>
| 2021-02-12T06:00:00Z | 2022-12-30T06:00:00Z | None | 2021-05-01T05:00:00Z | | | | | | | SS21318 | Basic | 8 | Federal Tax Law Topic | 0 | N/A | 2021-05-01T05:00:00Z | | | QAS Self-Study | | | | | | | | | 8 | Federal Tax Law Topic | 8 | 8 | Taxes | None | | Federal Tax Law Topic | 8 CPE for AFSP, EA, CPA, CRTP | | | self study | 2021 | May | 2022-12-30T06:00:00Z | | | | | 212 | 223 | 0 | 167 | Available June 2021 | | Available June 2021 | | | | | | | | no | no | yes | no | | | | |
| self study | K-1s for 1041 Self-Study | <h3>Summary</h3>
<p>Beneficiaries of an estate or trust receive Schedule K-1 (Form 1041), <i>Beneficiary's Share of Income, Deductions, Credits, etc.,</i> to properly report their share of the estate or trust’s activity on their individual tax return. This course examines what 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>Summarize how to report Schedule K-1 items on the beneficiary’s return</li>
<li>Summarize how to report items on the beneficiary’s return that are associated with estate or trust 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>
| 2021-02-12T06:00:00Z | 2022-12-30T06:00:00Z | None | 2021-06-01T05:00:00Z | 2021-06-01T05:00:00Z | | | | | | SS21323 | Basic | 2 | Federal Tax Law Topic | 0 | N/A | 2021-06-01T05:00:00Z | 2021-02-12T06:00:00Z | | QAS Self-Study | | | | | | | | | 2 | Federal Tax Law Topic | 2 | 2 | Taxes | None | | Federal Tax Law Topic | 2 CPE for AFSP, EA, CPA, CRTP | | /EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2021/K-1sforForm1041%20TOC.pdf | self study | 2021 | June | 2022-12-30T06:00:00Z | 2022-12-30T06:00:00Z | | | | 80 | 84 | 0 | 63 | Available June 2021 | | Available June 2021 | Available June 2021 | | Available June 2021 | | | | | no | no | yes | no | | | | |
| self study | Preparing Form 2555 for Foreign Income Exclusion Self-Study | <h3>Summary</h3>
<p>If you have a client who works and receives income from 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. 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. In this course, you’ll learn how to complete this form.</p>
<h3>Objectives</h3>
<p>Upon completion of this course, you will be able to:
<ul>
<li>Determine if a client 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>Identify how totalization agreements and tax treaties with foreign countries impact the taxpayer</li>
<li>Prepare Form 2555, <i>Foreign Earned Income</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>
| 2021-04-21T05:00:00Z | 2022-12-31T06:00:00Z | None | 2021-07-01T05:00:00Z | 2021-07-01T05:00:00Z | | | | | | SS21361 | Basic | 2 | Federal Tax Law Topic | 0 | N/A | 2021-04-21T05:00:00Z | 2021-04-21T05:00:00Z | | QAS Self Study | | | | | | | | | 2 | Federal Tax Law Topic | 2 | 2 | Taxes | None | | Federal Tax Law Topic | 2 CPE for AFSP, EA, CPA, CRTP | | /EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2021/PreparingForm2555forForeignIncomeExclusion_TOC.pdf | self study | 2021 | July | 2022-12-31T06:00:00Z | 2022-12-31T06:00:00Z | | | | 80 | 84 | 0 | 63 | | | | | | | | | | | no | no | yes | no | | | | |
| self study | Preparing Form 1116 for Foreign Tax Credits Self-Study | <h3>Summary</h3>
<p>The general purpose of the foreign tax credit is to mitigate the effects of double taxation on foreign-source income. More specifically, the foreign tax credit (FTC) reduces a U.S. taxpayer´s tax liability with respect to its foreign source income by all or part of the foreign taxes, paid or accrued during the tax year. The credit is generally limited to the lesser of the foreign tax paid or accrued, or the U.S. tax liability on the foreign source income. You need to know how to complete Form 1116, <i>Foreign Tax Credit (Individual, Estate, or Trust)</i>, to reduce the double taxation on their foreign-sourced income</p>
<h3>Objectives</h3>
<p>Upon completion of this course, you will be able to:
<ul>
<li>Differentiate between U.S. and foreign source income</li>
<li>Apply the sourcing rules to maximize the foreign tax credit and minimize excess credits</li>
<li>Compare the difference between the direct foreign tax credit and the indirect foreign tax credit</li>
<li>Complete Form 1116 </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>
| 2021-04-30T05:00:00Z | 2022-12-30T06:00:00Z | None | 2021-07-01T05:00:00Z | 2021-07-01T05:00:00Z | | | | | | SS21360 | Basic | 2 | Federal Tax Law Topic | 0 | N/A | 2021-07-01T05:00:00Z | 2021-07-01T05:00:00Z | | QAS Self Study | | | | | | | | | 2 | Federal Tax Law Topic | 2 | 2 | Taxes | None | | Federal Tax Law Topic | 2 CPE for AFSP, EA, CPA, CRTP | | /EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2021/PreparingForm1116ForeignTaxCredits_TOC.pdf | self study | 2021 | July | 2022-12-31T06:00:00Z | 2022-12-31T06:00:00Z | | | | 80 | 84 | 0 | 63 | | | | | | | | | | | no | no | yes | no | | | | |
| self study | Resolving Complicated Partnership and S Corporation Activity Self-Study | <h3>Summary</h3>
<p>Enhance your tax business by expanding your knowledge of partnership and S corporation taxation. For partnerships, we will cover complicated activity such as guaranteed payments, making the §754 election, changes in partner ownership and hot assets. For S corporations we will cover reasonable compensation for shareholders, built-in-gains (BIG) tax and changes in shareholder ownership. For both partnerships and S corporations we will cover the basics of calculating and tracking a partner’s or shareholder’s basis along with its tax impact on distributions and losses.
This course builds on our Basics of Business Entity Taxation course, by diving into items unique to partnerships and S corporations.
</p>
<h3>Objectives</h3>
<p>Upon completion of this course, you will be able to:
<ul>
<li>Calculate partner and shareholder basis</li>
<li>Recognize tax basis partner capital accounts</li>
<li>Identify when distributions to partners and shareholders are tax-free or taxable</li>
<li>Determine when pass-through losses are deductible</li>
<li>Summarize the difference between guaranteed payments for partners and reasonable compensation for shareholders</li>
<li>Identify when a §754 election can be made by the partnership and who it impacts</li>
<li>Identify hot assets</li>
<li>Recognize when built-in-gains (BIG) tax applies for S corporations</li>
<li>Summarize the tax impact of changes in ownership</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>
| 2021-06-09T05:00:00Z | 2022-12-31T06:00:00Z | None | 2021-08-01T05:00:00Z | 2021-08-01T05:00:00Z | | | | | | SS21366 | Intermediate | 8 | Federal Tax Law Topic | 0 | N/A | 2021-08-01T05:00:00Z | 2021-08-01T05:00:00Z | | QAS Self Study | | | | | | | | | 8 | Federal Tax Law Topic | 8 | 8 | Taxes | Basic understanding of partnerships and S corporations | | Federal Tax Law Topic | 8 CPE for AFSP, EA, CPA, CRTP | | /EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2021/ResolvingComplicatedPartnershipandSCorpActivity_TOC.pdf | self study | 2021 | August | 2022-12-31T06:00:00Z | 2022-12-31T06:00:00Z | | | | 212 | 223 | 0 | 167 | | | | | | | | | | | no | no | yes | no | | | | |
| Live Webinar | Cyber Liability and the Credit Card Industry Webinar | <h3>Summary</h3>
<p>If your firm accepts credit card payments or is thinking of doing so, don't miss this course. The payment card industry has high standards when it comes to collecting and storing clients' payment information. Learn what you must do to ensure you are complying with the rules of the payment card industry, including PCI compliance and protecting yourself from potential data breaches.</p>
<h3>Objectives</h3>
<p>Upon completion of this course, you will be able to:
<ul>
<li>Identify common security threats to firms</li>
<li>Recognize key methods to secure your networks, internal systems and data</li>
<li>Understand what security standards to look for in third-party vendors</li>
</ul>
<h3>Course Details</h3>
<p>Subject matter experts will answer your questions during the presentation. We make every effort to answer as many questions as possible during the webinar but we may not be able to directly address every question.</p>
<p>This webinar includes the presentation slides and access to the webinar recording.</p> | 2023-03-15T05:00:00Z | 2023-06-28T05:00:00Z | None | 2023-03-15T05:00:00Z | | 2023-03-15T05:00:00Z | | | | | BPEW2328 | Basic | 0 | | 0 | | 2023-06-28T05:00:00Z | | 2023-07-14T05:00:00Z | Group Internet Based | Premium: $0 | Professional: $0 | Basic: $0 | Nonmembers: N/A | | | | | | | | 0 | | 0 | 0 | | None | Emiley Parker | | 0 CPE for AFSP, EA, CPA, CRTP | | | live webinar | 2023 | June | 2023-06-28T05:00:00Z | | 2024-12-31T06:00:00Z | 50 minutes | | | | | | Wednesday, June 28, 1:00 p.m. - 2:00 p.m. CT | Wednesday, June 28, 1:00 p.m. - 2:00 p.m. CT | Wednesday, June 28, 1:00 p.m. - 2:00 p.m. CT | | | | Pre-order on-demand webinar | Pre-order on-demand webinar | Pre-order on-demand webinar | | yes | no | yes | yes | | | <p></p> | |
| self study | K-1s for 1041 Self-Study | <h3>Summary</h3>
<p>In this course, tax professionals begin to gain an understanding of trusts, including how and why different types of trusts are created, the rights and duties of the parties involved, and the fiduciary’s income tax filing requirements. It also provides information regarding how to complete a basic income tax return for a trust by analyzing its income, deductions and distributions during its existence and upon termination.</p>
<h3>Objectives</h3>
<p>Upon completion of this course, you will be able to:
<ul>
<li>Identify grantor trusts</li>
<li>Differentiate simple trusts from complex trusts</li>
<li>Determine the filing requirements for different types of trusts</li>
<li>Identify trust income and deductions</li>
<li>Summarize the tax effects of distributions to beneficiaries</li>
<li>Calculate distributable net income (DNI), fiduciary accounting income (FAI) and the income distribution deduction (IDD)</li>
<li>Complete a basic Form 1041, <i>U.S. Income Tax Return for Estates and Trusts</i>, and Schedule K-1 (Form 1041), <i>Beneficiary’s Share of Income, Deductions, Credits, etc.</i></li>
<li>Explain the tax consequences when a trust terminates</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>
| 2022-08-24T05:00:00Z | 2023-12-31T06:00:00Z | None | 2022-08-24T05:00:00Z | 2022-08-24T05:00:00Z | | | | | | SS22323 | Basic | 2 | Federal Tax Law Topic | 0 | N/A | 2022-10-01T05:00:00Z | 2022-08-24T05:00:00Z | | QAS Self Study | | | | | | | | | 2 | Federal Tax Law Topic | 2 | 2 | Taxes | None | | Federal Tax Law Topic | 2 CPE for AFSP, EA, CPA, CRTP | | /EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2022/SS22_K-1sforForm1041_TOC.pdf | self study | 2022 | October | 2023-12-31T06:00:00Z | 2023-12-31T06:00:00Z | | | | 84 | 88 | 0 | 66 | | | | | | | | | | | no | no | yes | no | | | | |
| self study | K-1s for 1065 Self-Study | <h3>Summary</h3>
<p>Taxpayers who are partners in partnerships (or members in LLCs taxed as partnerships) will receive a Schedule K-1 (Form 1065), <i>Partner's Share of Income, Deductions, Credits, etc</i>. The amount of loss and deductions taxpayers may claim on their individual tax returns may be less than the amount reported on the Schedule K-1 due to various limitations. It is the partner’s responsibility to consider and apply any limitations. This course examines what you need to know to report the information provided to a partner on Schedule K-1. You’ll learn about the various elections available and whether they are made by the partner or the partnership. 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 outside basis, at-risk basis and passive loss 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>Report Schedule K-1 information on the individual 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>
| 2022-08-24T05:00:00Z | 2023-12-31T06:00:00Z | None | 2022-08-24T05:00:00Z | 2022-08-24T05:00:00Z | | | | | | SS22324 | Basic | 4 | Federal Tax Law Topic | 0 | N/A | 2022-09-01T05:00:00Z | 2022-09-01T05:00:00Z | | QAS Self Study | | | | | | | | | 4 | Federal Tax Law Topic | 4 | 4 | Taxes | None | | Federal Tax Law Topic | 4 CPE for AFSP, EA, CPA, CRTP | | /EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2022/SS22_K-1sforForm1065_TOC.pdf | self study | 2022 | September | 2022-12-31T06:00:00Z | 2023-12-31T06:00:00Z | | | | 134 | 141 | 0 | 106 | Available September 2022 | | Available September 2022 | Available September 2022 | | Available September 2022 | | | | | no | no | yes | no | | | | |
| self study | Preparing the Report of Foreign Bank and Financial Accounts (FBAR) Self-Study | <h3>Summary</h3>
<p>As more U.S. taxpayers own foreign financial accounts, the likelihood increases that they will have to disclose that account information to the Financial Crimes Enforcement Network (FinCEN) by filing FinCEN Form 114, <i>Report of Foreign Bank and Financial Accounts </i>(FBAR). Tax professionals can assist these taxpayers by preparing and electronically filing FBARs on their behalf using the BSA E-Filing System. This course will help tax professionals determine which clients must file the FBAR, how to file and what to do to get their clients back on track when FBARs haven’t been filed.</p>
<h3>Objectives</h3>
<p>Upon completion of this course, you will be able to:
<ul>
<li>Identify taxpayers who are required to file an FBAR</li>
<li>Summarize the FBAR filing requirements</li>
<li>List the penalties for failure to file a complete and correct FBAR</li>
<li>Analyze the compliance options for filing delinquent FBARs</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>
| 2021-08-11T05:00:00Z | 2022-12-31T06:00:00Z | None | 2021-08-11T05:00:00Z | 2021-08-11T05:00:00Z | | | | | | SS21358 | Basic | 2 | Federal Tax Law Topic | 0 | N/A | 2021-08-11T05:00:00Z | 2021-08-11T05:00:00Z | | QAS Self Study | | | | | | | | | 2 | Federal Tax Law Topic | 2 | 2 | Taxes | None | | Federal Tax Law Topic | 2 CPE for AFSP, EA, CPA, CRTP | | /EventsAndEducation/Documents/PreparingtheReportofFBAR_TOC.pdf | self study | 2021 | October | 2022-12-31T06:00:00Z | 2022-12-31T06:00:00Z | | | | 80 | 84 | 0 | 63 | Available October 2021 | | Available October 2021 | Available October 2021 | | Available October 2021 | | | | | no | no | yes | no | | | | |
| self study | Tax Season Updates Self-Study | <h3>Summary</h3>
<p>Find out the latest tax law changes, guidance and forms from the <i>Consolidated Appropriations Act, 2021, American Rescue Plan</i> and other COVID-19 related legislation with real-life examples. Taught by a team of instructors using job aids and hands-on learning tools, this event provides detailed, in-depth information on the most recent legislation and IRS updates essential to prepare and guide tax professionals through a challenging tax season. Updates include individual, business and payroll topics. As a trusted resource for tax professionals, we will also include and interpret the most recent, up-to-the-minute legislative and IRS updates as they become available. </p>
<h3>Objectives</h3>
<p>Upon completion of this course, you will be able to:
<ul>
<li>Analyze new tax laws and developments for individuals, and how they affect your clients, including provisions from the <i>Consolidated Appropriations Act, 2021</i>, and the <i>American Rescue Plan</i></li>
<li>Analyze new tax laws and developments for businesses </li>
<li>Determine the tax treatment of different sources of income </li>
<li>Analyze the change in tax rules for certain credits and deductions including the expanded child tax credit</li>
<li>Interpret the latest court decisions and IRS rulings</li>
<li>Apply inflation-adjusted amounts to 2021 individual tax returns</li>
<li>Identify extended and expired tax provisions</li>
<li>Determine advance tax planning opportunities</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>
| 2021-11-11T06:00:00Z | 2022-12-31T06:00:00Z | None | 2021-11-11T06:00:00Z | 2021-11-11T06:00:00Z | | | | | | SS21301 | Update | 16 | Federal Tax Law Update | 0 | N/A | 2021-11-11T06:00:00Z | 2021-11-11T06:00:00Z | | QAS Self Study | | | | | | | | | 16 | Federal Tax Law Update | 16 | 16 | Taxes | Knowledge and experience with individual and business income tax | | Federal Tax Law Update | 16 CPE for AFSP, EA, CPA, CRTP | | | self study | 2021 | | 2022-12-31T06:00:00Z | 2022-12-31T06:00:00Z | | | | 411 | 433 | 0 | 325 | Available November 2021 | | Available November 2021 | Available November 2021 | | Available November 2021 | | | | | no | no | yes | no | | | | |
| self study | Introduction to Schedule C Self-Study | <h3>Summary</h3>
<p>This course provides tax preparers with the information needed to prepare sole proprietorship tax returns. The text focuses on assessing if the taxpayer is in a trade or business, or a hobby, which items of income are taxable and which expenses are deductible, along with the preparation of Schedule C, <i>Profit or Loss from Business</i>. Additional topics covered are business vehicles and deductions related to their use, business use of home, depreciation, as well as the calculation of self-employment tax for the sole proprietor.</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 trade or business </li>
<li>Identify types of income and expenses reported on Schedule C</li>
<li>Prepare Schedule C and Schedule SE, <i>Self-Employment Tax</i></li>
<li>Determine the business use of a vehicle and the substantiation requirements</li>
<li>Compare and contrast standard mileage and actual vehicle expenses </li>
<li>Summarize the differences between MACRS, §179 and bonus depreciation and prepare Form 4562, <i>Depreciation and Amortization</i></li>
<li>Determine home office eligibility and prepare 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>
| 2022-04-04T05:00:00Z | 2022-12-31T06:00:00Z | None | 2022-05-16T05:00:00Z | 2022-05-16T05:00:00Z | | | | | | SS22315 | Basic | 8 | Federal Tax Law Topic | 0 | N/A | 2022-05-16T05:00:00Z | 2022-05-16T05:00:00Z | | QAS Self Study | | | | | | | | | 8 | Federal Tax Law Topic | 8 | 8 | Taxes | None | | Federal Tax Law Topic | 8 CPE for AFSP, EA, CPA, CRTP | | /EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2022/SS22_IntroductiontoScheduleC_TOC.pdf | self study | 2022 | June | 2023-12-31T06:00:00Z | 2023-12-31T06:00:00Z | | | | 222 | 234 | 0 | 176 | | | | | | | | | | | no | no | yes | no | | | | |
| self study | Military Tax Issues Self-Study | <h3>Summary</h3>
<p>When working with a member of the military, there are special tax provisions of which tax professionals must be aware. 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 credit (EIC) and be able to provide an overview of tax implications for military pensions and veteran 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>Determine adjustments available to military personnel</li>
<li>Predict if nontaxable combat pay should be included in earned income for EIC 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>Calculate 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>
| 2022-04-14T05:00:00Z | 2023-12-31T06:00:00Z | None | 2022-04-14T05:00:00Z | 2022-04-14T05:00:00Z | | | | | | SS22326 | Basic | 2 | Federal Tax Law Topic | 0 | N/A | 2022-04-14T05:00:00Z | 2022-04-14T05:00:00Z | | QAS Self Study | | | | | | | | | 2 | Federal Tax Law Topic | 2 | 2 | Taxes | None | | Federal Tax Law Topic | 2 CPE for AFSP, EA, CPA, CRTP | | /EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2022/SS22_MilitaryTaxIssues_TOC.pdf | self study | 2022 | May | 2022-12-31T06:00:00Z | 2023-12-31T06:00:00Z | | | | 84 | 88 | 0 | 66 | Available May 2022 | | Available May 2022 | Available May 2022 | | Available May 2022 | | | | | no | no | yes | no | | | | |
| On-Demand Webinar | Reporting and Reconciling the Child Tax Credit On-Demand Webinar | <h3>Summary</h3>
<p>The <i>American Rescue Plan Act (ARP) of 2021</i> made changes to the child tax credit, including advance payments of the credit during the year. Currently, the changes impact returns filed for the 2021 tax year only. Tax preparers must reconcile the credit using Schedule 8812, <i>Credits for Qualifying Children and Other Dependents</i>. This webinar will cover the changes to the child tax credit as well as walk through reconciling the advance child tax credit payments.</p><iframe src="https://fast.wistia.net/embed/iframe/nt91lvuwbi" title="Webinar preview: Reporting and Reconciling the Child Tax Credit Video" allow="autoplay; fullscreen" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" 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 the amount of child tax credit the taxpayer is eligible to receive</li>
<li>Identify when taxpayers are eligible for the repayment projection</li>
<li>Prepare Schedule 8812</li>
</ul>
<h3>Course Details</h3>
<p>This on-demand webinar includes the presentation slides, exam questions, recording of the webinar broadcast with review questions, and attendee top questions. CPE is issued after exam is successfully completed.</p>
| 2022-01-10T06:00:00Z | 2023-12-31T06:00:00Z | None | 2022-01-10T06:00:00Z | | | | | | | ODW2206 | Basic | 1 | Federal Tax Law Topic | 0 | N/A | 2022-01-10T06:00:00Z | | | QAS Self Study | | | | | | | | | 1 | Federal Tax Law Topic | 1 | 1 | Taxes | None | Misty Erickson | Federal Tax Law Topic | 1 CPE for AFSP, EA, CPA, CRTP | | | on-demand webinar | 2022 | March | 2023-12-31T06:00:00Z | | | 50 minutes | | 40 | 42 | 0 | 32 | | | | | | | | | | | yes | no | yes | no | | | | |
| self study | Introduction to Fixed Assets Self-Study | <h3>Summary</h3>
<p>This course introduces the basic depreciation concepts on Form 4562, <i>Depreciation and Amortization</i>, including the §179 election to expense certain depreciable business assets and bonus depreciation. It also reviews the special rules for listed property (passenger automobiles, etc.). Finally, the course explains how to report the sale of business property on Form 4797, as well as the tax consequences of these 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 or a repair</li>
<li>Complete Form 4562 when required</li>
<li>Report the disposition of business property on 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> | 2022-02-24T06:00:00Z | 2023-12-31T06:00:00Z | None | 2022-02-24T06:00:00Z | 2022-02-24T06:00:00Z | | | | | | SS22314 | Basic | 4 | Federal Tax Law Topic | 0 | N/A | 2022-02-24T06:00:00Z | 2022-02-24T06:00:00Z | | QAS Self Study | | | | | | | | | 4 | Federal Tax Law Topic | 4 | 4 | Taxes | None | | Federal Tax Law Topic | 4 CPE for AFSP, EA, CPA, CRTP | | /EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2022/SS22_IntroductiontoFixedAssets_TOC.pdf | self study | 2022 | | 2023-12-31T06:00:00Z | 2023-12-31T06:00:00Z | | | | 134 | 141 | 0 | 106 | Available May 2022 | | Available May 2022 | Available May 2022 | | Available May 2022 | | | | | no | no | yes | no | | | | |
| On-Demand Webinar | Tax Rules and Reporting of Virtual Currency On-Demand Webinar | <h3>Summary</h3>
<p>Bitcoin, Litecoin and Ethereum are examples of types of cryptocurrency, which is an internet-based exchange medium to conduct financial transactions. The IRS has special requirements for reporting income received by selling, trading and exchanging cryptocurrencies. This webinar reviews IRS regulations released to date and how to implement those regulations. We’ll also cover the nuances of the new virtual currency disclosure question on Form 1040, <i>U.S. Individual Income Tax Return</i>.</p><iframe src="https://fast.wistia.net/embed/iframe/xytdt93fp8" title="Webinar preview: Tax Rules and Reporting of Virtual Currency Video" allow="autoplay; fullscreen" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" 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>Review IRS guidance issued to date</li>
<li>Summarize how to report gains and losses from cryptocurrency sales and trades</li>
<li>Identify how to report other types of cryptocurrency transactions </li>
<li>Determine if taxpayer engaged in virtual currency transactions for purposes of answering the disclosure question on Forms 1040 </li>
<li>Analyze other aspects of the Cryptoverse </li>
</ul>
<h3>Course Details</h3>
<p>This on-demand webinar includes the presentation slides, exam questions, recording of the webinar broadcast with review questions, and attendee top questions. CPE is issued after exam is successfully completed.</p>
| 2022-03-14T05:00:00Z | 2023-12-30T06:00:00Z | None | 2022-03-14T05:00:00Z | | | | | | | ODW2214 | Basic | 2 | Federal Tax Law Topic | 0 | N/A | 2022-03-14T05:00:00Z | | | QAS Self Study | | | | | | | | | 2 | Federal Tax Law Topic | 2 | 2 | Taxes | None | Amy Wall, MBA, EA | Federal Tax Law Topic | 2 CPE for AFSP, EA, CPA, CRTP | | | on-demand webinar | 2022 | June | 2023-12-31T06:00:00Z | | | 100 minutes | | 84 | 88 | 0 | 66 | | | | | | | | | | | yes | no | yes | no | | | | |
| self study | Basics of Basis Self-Study | <h3>Summary</h3>
<p>When buying or selling assets, the basis of those items is critical to the future calculation of capital recovery, gain or loss realization and recognition, and depreciation. This course provides the tools to determine an asset’s initial basis and adjustments to that basis. Assets discussed include tangible or intangible property, including 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 the partner’s outside and inside basis in a partnership</li>
<li>Identify the differences between the 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>
| 2022-02-24T06:00:00Z | 2023-12-31T06:00:00Z | None | 2022-02-24T06:00:00Z | 2022-02-24T06:00:00Z | | | | | | SS22305 | Basic | 4 | Federal Tax Law Topic | 0 | N/A | 2022-02-24T06:00:00Z | 2022-02-24T06:00:00Z | | QAS Self Study | | | | | | | | | 4 | Federal Tax Law Topic | 4 | 4 | Taxes | None | | Federal Tax Law Topic | 4 CPE for AFSP, EA, CPA, CRTP | | /EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2022/SS22_BasicsofBasis_TOC.pdf | self study | 2022 | May | 2023-12-31T06:00:00Z | 2023-12-31T06:00:00Z | | | | 134 | 141 | 0 | 106 | Available May 2022 | | Available May 2022 | Available May 2022 | | Available May 2022 | | | | | no | no | yes | no | | | | |
| On-Demand Webinar | Reporting Repossessions and Cancellation of Debt Income On-Demand Webinar | <h3>Summary</h3>
<p>Financial hardships cause taxpayers to abandon properties, have their properties foreclosed upon, file bankruptcy and restructure their debt. Tax preparers have seen more Forms 1099-A, <i>Acquisition or Abandonment of Secured Property</i>, and 1099-C, <i>Cancellation of Debt</i>, included in taxpayers’ year-end information. Our job is to determine whether the taxpayer has taxable income as a result and how to report it. Additionally, we will review when to use Form 982, <i>Reduction of Tax Attributes Due to Discharge of Indebtedness (and Section 1082 Basis Adjustment)</i>.</p>
<h3>Objectives</h3>
<p>Upon completion of this course, you will be able to:
<ul>
<li>Illustrate how the taxpayer reports Form 1099-A and Form 1099-C </li>
<li>Determine whether there is taxable income from the cancellation of debt (COD) </li>
<li>Identify the deemed selling price when reporting a Form 1099-A sale</li>
<li>Complete Form 982</li>
</ul>
<h3>Course Details</h3>
<p>This on-demand webinar includes the presentation slides, exam questions, recording of the webinar broadcast with review questions, and attendee top questions. CPE is issued after exam is successfully completed.</p>
| 2022-03-03T06:00:00Z | 2023-12-31T06:00:00Z | None | 2022-03-03T06:00:00Z | | | | | | | ODW2212 | Basic | 2 | Federal Tax Law Topic | 0 | N/A | 2022-03-03T06:00:00Z | | | QAS Self Study | | | | | | | | | 2 | Federal Tax Law Topic | 2 | 2 | Taxes | None | Lawrence Zimbler, MST, EA | Federal Tax Law Topic | 2 CPE for AFSP, EA, CPA, CRTP | | | on-demand webinar | 2022 | May | 2023-12-31T06:00:00Z | | | 100 minutes | | 84 | 88 | 0 | 66 | | | | | | | | | | | yes | no | yes | no | | | | |
