​​​​Premium Online Education Pass

This package is only available to Premium members and includes every live and on-demand webinar available, every self-study, every online workshop, with over 200 CPE available.

Education list

 

 

On-Demand WebinarThe COVID-19 Fallout: Helping Your Clients In Trouble After 10/15 On-Demand Webinar<h3>Summary</h3> <p>There were 25 million taxpayers already in trouble with past tax debts or were identified as non-filers by the IRS before the Coronavirus pandemic.  In addition, bankruptcies and divorce filings are up over 30% from before, and the year is not over yet.  This two-hour special lunch & learn by Tax Rep Network and NATP for NATP members will review the current status of IRS enforcement, what clients are facing and how practitioners can help their clients resolve their issues.  Topics will include IRS Collection, Innocent Spouse Issues and payroll tax issues.  </p><iframe src="https://fast.wistia.net/embed/iframe/xtt7gerbw6" title="Payroll Problems Will Explode Video" allow="autoplay; fullscreen" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" allowfullscreen msallowfullscreen width="640" height="360"></iframe> <script src="https://fast.wistia.net/assets/external/E-v1.js" async></script> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Describe the IRS collection process</li> <li>Explain the various opportunities to resolve a client’s tax debt</li> <li>Identify the issues surround payroll tax problems under the <i>CARES</i> Act</li> <li>Describe when clients can and should seek innocent spouse relief</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>2020-10-26T05:00:00Z2021-12-30T06:00:00ZNone2020-10-26T05:00:00ZODW2071Intermediate2Federal Tax Law Topic 0N/A2020-10-26T05:00:00ZQAS Self StudyPremium: $0 | Professional: $0 | Basic: $0 | Nonmembers: $842Federal Tax Law Topic 22TaxesKnowledge of and experience with individual taxationEric GreenFederal Tax Law Topic 2 CPE for AFSP, EA, CPA, CRTPon-demand webinar2020November2021-12-30T06:00:00Z100 minutesyesnoyesyes
On-Demand WebinarTax Reporting of Gig and Sharing Economy Income On-Demand Webinar<h3>Summary</h3> <p>The sharing and gig economy is rapidly evolving and changing how people commute, travel, rent, vacation and provide services using online platforms, including smartphone apps. These types of jobs also make for more employment opportunities among U.S. taxpayers as most are at-will involvement. It is not uncommon to see more than one gig listed as sources of income when you examine your clients’ financials. This webinar looks at several of these income sources and how to report them properly on the taxpayer’s tax return.</p><iframe src="https://fast.wistia.net/embed/iframe/99rxpwimp5" title="Hobby vs. Business Video" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" allowfullscreen mozallowfullscreen webkitallowfullscreen oallowfullscreen msallowfullscreen width="640" height="360"></iframe> <script src="https://fast.wistia.net/assets/external/E-v1.js" async></script> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Correctly report income from shared economy businesses</li> <li>Correctly report independent contractor income</li> <li>Correctly report rental income versus vacation home income</li> <li>Identify expenses related to shared economy businesses</li> <li>Calculate vehicle expenses for shared economy businesses</li> <li>Calculate home office expenses for shared economy businesses</li> </ul> <h3>Course Details</h3> <p>This 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>2020-03-16T05:00:00Z2021-11-30T06:00:00ZFederal Tax Law Topic2020-03-16T05:00:00ZODW2011Basic2Federal Tax Law Topic0N/A2020-03-16T05:00:00ZQAS Self StudyPremium: $0 | Professional: $63 | Basic: $80 | Nonmembers: $842Federal Tax Law Topic22TaxesCheryl Morse, EAFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPon-demand webinar2020May2021-12-30T06:00:00Z100 minutesyesnoyesno
On-Demand WebinarTax Rules of Lump-Sum Social Security Benefits On-Demand Webinar<h3>Summary</h3> <p>Your client was approved for Social Security disability benefits and received a large lump-sum payment for multiple years of benefits. This scenario is quite common and tax pros need to know how this impacts tax reporting. Your clients who are already receiving Social Security disability benefits rely on you to help them make the best financial decisions because every cent counts! In this webinar, you’ll learn the tax implications and how to navigate this scenario, so the taxpayer does not pay more taxes than legitimately required.</p><iframe src="https://fast.wistia.net/embed/iframe/m3amlwon77" title="Lump-Sum Election Video" allow="autoplay; fullscreen" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" allowfullscreen msallowfullscreen width="640" height="360"></iframe> <script src="https://fast.wistia.net/assets/external/E-v1.js" async></script> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Summarize the general rules for calculating taxable Social Security benefits</li> <li>Analyze options for when to make the lump-sum election</li> <li>Prepare IRS Pub 915 worksheets to calculate taxable Social Security benefits</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>2020-03-17T05:00:00Z2021-12-30T06:00:00ZFederal Tax Law Topic2020-03-17T05:00:00ZODW2016Intermediate1Federal Tax Law Topic0N/A2020-03-17T05:00:00ZQAS Self StudyPremium: $0 | Professional: $32 | Basic: $40 | Nonmember: $421Federal Tax Law Topic11TaxesKnowledge of retirement income taxSara LeoneFederal Tax Law Topic1 CPE for AFSP, EA, CPA, CRTPon-demand webinar2020June2021-12-30T06:00:00Z50 minutesyesnoyesno
On-Demand WebinarPerforming Effective Client Interviews On-Demand Webinar<h3>Summary</h3> <p>Have you ever had clients who seem to have special circumstances for every financial situation? Your clients’ financial decisions throughout the year can affect your job as their trusted tax professional. In this practical webinar, learn about client interview tips to draw out all the needed information and see how the puzzle pieces all fit together. This will help you complete a full assessment of your client and how much time their return may require.</p><iframe src="https://fast.wistia.net/embed/iframe/dp1ughueaz" title="Home Office Video" allow="autoplay; fullscreen" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" allowfullscreen msallowfullscreen width="640" height="360"></iframe> <script src="https://fast.wistia.net/assets/external/E-v1.js" async></script> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Describe the communication with taxpayers and how it relates to the accuracy of their return</li> <li>Identify potential information that could be incomplete, inconsistent or incorrect</li> <li>Illustrate how a skilled tax professional extracts information using an effective interview worksheet</li> <li>Identify potential pitfalls and the need to modify the current worksheet as needed</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>2020-03-16T05:00:00Z2021-12-30T06:00:00ZFederal Tax Law Topic2020-03-16T05:00:00ZODW2015Basic2Federal Tax Law Topic0N/A2020-03-16T05:00:00ZQAS Self StudyPremium: $0 | Professional: $63 | Basic: $80 | Nonmembers: $842Federal Tax Law Topic22TaxesJared FoosFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPon-demand webinar2020June2021-12-30T06:00:00Z100 minutesyesnoyesno
On-Demand WebinarCARES Act Impact on Charitable Contributions On-Demand Webinar<h3>Summary</h3> <p>Even in our darkest times, taxpayers will give what they can to help others out. The CARES Act expanded deductions available to those who use the standard deduction, increased the contribution base for both individuals and corporations and increased the deduction allowable for donations of food inventory. Attend this webinar to learn how the changes to charitable contributions may benefit your clients in 2020.</p> <h3>Course Details</h3> <p>This on-demand webinar includes a video recording and the presentation slides.</p>2020-04-17T05:00:00Z2021-12-31T06:00:00ZNone2020-04-17T05:00:00ZODW2047Overview0N/A0N/A2020-04-17T05:00:00ZQAS Self Study0N/A00N/ANoneMisty Erickson, MBAN/A0 CPEon-demand webinar2020April2021-12-31T06:00:00Z10 Minutes0000nonoyesno<p></p>
On Demand WebinarDeveloping a Tax Plan for Your Clients On-Demand Webinar<h3>Summary</h3> <p>Each year tax professionals meet with clients to develop a better understanding of their needs, reasons for the decisions made or not made, and to offer advice. Depending on the client, the meeting may take place during the year, at year end or during tax season. This course focuses on the client interview and how you can add value and deepen the relationship with tax planning.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify opportunities to reduce a client’s taxable income.</li> <li>Use the taxpayer’s Form W-2 and tax return as a tax planning tool.</li> <li>Identify life-changing events that may impact tax liability.</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>2020-11-19T06:00:00Z2021-12-30T06:00:00ZNone2020-11-19T06:00:00ZODW2104Basic2Federal Tax Law Topic0N/A2020-11-19T06:00:00ZQAS Self StudyPremium: $0 | Professional: $63 | Basic: $80 | Nonmembers: $842Federal Tax Law Topic22TaxesNoneFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPon-demand webinar20212021-12-30T06:00:00Z100 minutesyesnoyesno
Self StudyIntroduction to Schedule C & E Self-Study<h3>Summary</h3> <p>This course is ideal for the tax preparer who knows the basics of tax preparation, but now realizes there are a seemingly never-ending number of tax forms and concepts to learn to take their skills to the next level. This course introduces and breaks down core tax concepts beyond the basics. You'll learn, through the text and hands-on preparation, how to navigate the client’s records and prepare a return for a sole proprietorship, a rental property activity and pass-through income from Schedule K-1s. The ability to prepare these types of activities will increase your value as a tax professional.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Calculate basis of assets, know what causes basis adjustments and how to make them</li> <li>Articulate the importance of basis tracking by the tax professional </li> <li>Determine material participation in an activity and why this is important</li> <li>Differentiate between taxation of passive income and nonpassive income </li> <li>Identify when assets are depreciated and how to calculate depreciation including bonus and §179 expensing</li> <li>Identify the difference between a deductible repair and a depreciable improvement</li> <li>Determine what qualifies as QBI and calculate the QBID </li> <li>Determine business use of home eligibility and calculate the deduction</li> <li>Determine whether a taxpayer’s activity is a hobby or a for-profit business venture</li> <li>Complete Schedule C, <i>Profit or Loss From Business</i></li> <li>Complete Schedule SE, <i>Self-Employment Tax</i></li> <li>Complete Form 4562, <i>Depreciation and Amortization</i></li> <li>Complete Form 8829, <i>Expenses for Business Use of Your Home</i></li> <li>Identify and report rental income and allowable rental expenses</li> <li>Determine the depreciable basis of property used in a rental activity </li> <li>Apply the vacation home rules </li> <li>Determine eligibility for the special $25,000 loss allowance </li> <li>Recognize who meets the qualifications to be a real estate professional</li> <li>Identify when a rental is eligible for the QBID </li> <li>Analyze royalty income to determine whether to report on Schedule E or Schedule C</li> <li>Calculate the shareholder’s stock and debt basis in the S corporation</li> <li>Determine how much of a pass-through loss is deductible after applying the basis, at-risk and passive activity limitations</li> <li>Report various pass-through items from Schedule K-1 from a partnership and S corporation on Form 1040, and applicable schedules</li> <li>Complete Form 8995, <i>Qualified Business Income Deduction Simplified Computation</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>2020-07-30T05:00:00Z2021-12-31T06:00:00ZKnowledge of basic tax preparation 2020-07-30T05:00:00ZSS20321Basic12Federal Tax Law Topic 0N/A2020-07-30T05:00:00ZQAS Self StudyPremium: $0 | Professional: $252 | Basic: $339 | Nonmembers: $35712Federal Tax Law Topic 1212TaxesFederal Tax Law Topic 12 CPE for AFSP, EA, CPA, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2020/IntroductiontoSchedulesCandE_toc.pdfself study20202021-12-31T06:00:00Z3393570252nonoyesno
Online WorkshopBusiness Tax Reporting on the 1040: Real Estate and Self-Employed Online Workshop<h3>Summary</h3> <p>This course will dive into tax reporting for Schedule E, <i>Supplemental Income and Loss</i>, and Schedule C, <i>Profit or Loss from Business (Sole Proprietorship)</i>, the heart of many tax returns. With Schedule E, we will discuss income and expense reporting of rental properties; passive activity rules; qualified business income eligibility; vacation home rental rules; self-rentals; and real estate professionals. With Schedule C, we will examine income reporting; identify which expenses are deductible and which are not including meals and entertainment, home office, and depreciation; calculate qualified business income; and set up an accountable expense reimbursement plan. Finally, we will discuss statutory employees and their income and expense reporting requirements. There will be a comprehensive example on properly completing Schedule E and Schedule C for business owners and statutory employees.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Define passive activity rules.</li> <li>Identify when a rental is eligible for the QBI deduction.</li> <li>Summarize vacation home rental rules.</li> <li>Summarize the requirements for a real estate professional.</li> <li>Identify deductible and nondeductible expenses for Schedules E and C.</li> <li>Calculate QBI for a Schedule C owner.</li> <li>Prepare an accountable plan.</li> <li>Define statutory employee.</li> <li>Prepare Schedules E and C.</li> </ul> <h3>Course Details</h3> <p>This course includes an e-book and an online workshop recording.</p>2019-04-02T04:00:00Z2019-12-31T05:00:00ZNone2019-04-02T04:00:00Z2019-04-02T04:00:00Z2019-04-02T04:00:00ZOW1906-2Intermediate8Federal Tax Law Topic8N/A2019-12-06T05:00:00Z2019-12-06T05:00:00Z2019-04-02T04:00:00ZGroup Internet BasedPremium: $0 | Professional: $224 | Basic: $284 | Nonmember: $2998Federal Tax Law Topic88TaxesKnowledge of federal income taxMelinda Garvin, EAFederal Tax Law Topic8 CPE for AFSP, EA, CPA, CRTPonline workshop2019April2019-12-06T13:00:00Z2019-12-05T13:00:00Z2019-12-20T13:00:00Z8 Credit HoursDay two - Dec. 6, 2019 9:00 a.m. - 4:30 p.m., CSTDay two - Dec. 6, 2019 9:00 a.m. - 4:30 p.m., CSTDay two - Dec. 6, 2019 9:00 a.m. - 4:30 p.m., CSTBoth days - Dec. 5-6, 9:00 a.m. - 4:30 p.m., CSTBoth days - Dec. 5-6, 9:00 a.m. - 4:30 p.m., CSTBoth days - Dec. 5-6, 9:00 a.m. - 4:30 p.m., CSTPre-order on-demand webinarPre-order on-demand webinarPre-order on-demand webinarnonoyesno
On-Demand WebinarCalculating Estimated Tax Payments On-Demand Webinar<h3>Summary</h3> <p>With the economy opening back up, your clients’ incomes may look drastically different from last year. Some clients’ old business activities may have picked up, and some previously unemployed clients have started a new venture. There are tools available to you to help calculate what they owe, but it’s important for you to understand which options work best for each client’s situation. In this webinar, we’ll discuss using proformas to determine estimated payments and how the safe harbor rule is applied.</p> <ul> </ul> <h3>Course Details</h3> <p>This on-demand webinar includes the presentation slides and a recording of the webinar.</p> 2021-04-29T05:00:00Z2022-12-31T06:00:00ZNone2021-04-29T05:00:00ZMBEODW2155Overview0N/A0N/A2021-04-29T05:00:00ZQAS Self Study0N/A00N/ANoneRhonda Collins, CPA, MBA, EAN/A0 CPE for AFSP, EA, CPA, CRTPon-demand webinar2021June2022-12-31T06:00:00Z0000yesnoyesno<p></p>
On-Demand WebinarTax Treatment of Health Reimbursement Arrangements (HRAs) On-Demand Webinar<h3>Summary</h3> <p>Health Reimbursement Arrangements (HRAs) are powerful tools that help businesses meet their health insurance obligations and bring an added benefit employees enjoy, as HRAs allow both employees and employers tax savings on the cost of healthcare. This year brings new options and guidance about the various types of HRAs, and businesses must follow specific IRS set up instructions and procedures to qualify for tax benefits. Attend this webinar to gain a better understanding of the types of HRAs available to employers.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Explain the rules regarding traditional HRAs</li> <li>Explain the rules regarding QSEHRAs</li> <li>Explain the rules regarding ICHRAs</li> <li>Explain the rules regarding EBHRAs</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>2020-03-13T05:00:00Z2021-12-30T06:00:00ZFederal Tax Law Topic2020-03-13T05:00:00ZODW2009Basic1Federal Tax Law Topic0N/A2020-04-28T05:00:00ZQAS Self StudyPremium: $0 | Professional: $32 | Basic: $40 | Nonmember: $421Federal Tax Law Topic11TaxesSheri Fronsee, CPAFederal Tax Law Topic1 CPE for AFSP, EA, CPA, CRTPon-demand webinar2020April2021-12-30T06:00:00Z50 minutesyesnoyesno
On-Demand WebinarUnderstanding Unique Issues for Clergy On-Demand Webinar<h3>Summary</h3> <p>The tax code has unique provisions related to clergy and how they report income, expenses and credits. Regardless if you are a minister performing ministerial services or a self-employed person, all clergy earnings, wages, offerings and fees received for performing marriages, baptisms, funerals, etc., are subject to income tax. This course covers the basics of properly preparing clergy returns and aspects from the employer’s perspective pertaining to compensation, fringe benefits, accountable plans and payroll taxes. </p><iframe src="https://fast.wistia.net/embed/iframe/655lg3jjx4" title="Introduction Video" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" allowfullscreen mozallowfullscreen webkitallowfullscreen oallowfullscreen msallowfullscreen width="640" height="360"></iframe> <script src="https://fast.wistia.net/assets/external/E-v1.js" async></script> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify who qualifies for special tax treatment as clergy</li> <li>Apply the dual status nature of clergy</li> <li>Categorize valid income and expenses for clergy</li> <li>List the requirements for the housing allowance</li> <li>Distinguish the unique treatment of employment taxes by churches</li> <li>Identify income that is subject to self-employment tax</li> <li>Differentiate between the use of Form 4361 and Form 4029</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>2020-03-16T05:00:00Z2021-12-30T06:00:00ZFederal Tax Law Topic2020-03-16T05:00:00ZODW2012Basic2Federal Tax Law Topic0N/A2020-03-16T05:00:00ZQAS Self StudyPremium: $0 | Professional: $63 | Basic: $80 | Nonmembers: $842Federal Tax Law Topic22TaxesLes Marti, EAFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPon-demand webinar2020May2021-12-30T06:00:00Z100 minutesyesnoyesno
On-Demand WebinarTax Season Mistakes On-Demand Webinar<h3>Summary</h3> <p>This incredibly popular program will cover those mistakes practitioners make during tax season that can cause the IRS to start enforcement action, either through an audit or collection. Join us for the program that will help you avoid the pitfalls that can cause you and your clients extreme heartburn. </p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Understand the common mistakes made by tax preparers during tax season and how to avoid them</li> <li>Identify potential collection issues before the returns are filed</li> <li>Understand the strategies for resolving tax debts before they arise</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>2020-03-17T05:00:00Z2021-12-30T06:00:00ZFederal Tax Law Topic2020-03-17T05:00:00ZODW2017Intermediate2Federal Tax Law Topic0N/A2020-03-17T05:00:00ZQAS Self StudyPremium: $0 | Professional: $63 | Basic: $80 | Nonmembers: $842Federal Tax Law Topic22TaxesKnowledge or experience with individual taxationEric GreenFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPon-demand webinar2020July2021-12-30T06:00:00Z100 minutesyesnoyesno
On-Demand WebinarAudits of Cash Businesses On-Demand Webinar<h3>Summary</h3> <p>When dealing with a cash business the issues surrounding the examination magnify, as now the IRS will delve into what was reported but may have NOT been reported. This program will review what practitioners need to be considering when preparing for an examination of a cash intensive business. </p><iframe src="https://fast.wistia.net/embed/iframe/rr6pz5pooy" title="Red Flags for the IRS Video" allow="autoplay; fullscreen" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" allowfullscreen msallowfullscreen width="640" height="360"></iframe> <script src="https://fast.wistia.net/assets/external/E-v1.js" async></script> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify how the IRS delves into what was reported or NOT reported</li> <li>Recognize what practitioners need to be considering when preparing for an examination of a cash intensive business</li> <li>Identify those industries the IRS views as cash intensive</li> <li>Outline the various techniques utilized by the IRS to identify unreported income</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>2020-03-16T05:00:00Z2021-12-30T06:00:00ZFederal Tax Law Topic2020-03-16T05:00:00ZODW2013Intermediate2Federal Tax Law Topic0N/A2020-03-16T05:00:00ZQAS Self StudyPremium: $0 | Professional: $63 | Basic: $80 | Nonmembers: $842Federal Tax Law Topic22TaxesKnowledge or experience with business taxation and basic IRS examinationsEric GreenFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPon-demand webinar2020May2021-12-30T06:00:00Z100 minutesyesnoyesno
On-Demand WebinarSelling a Publicly Traded Partnership Interest On-Demand Webinar<h3>Summary</h3> <p>Investments in publicly traded partnerships (PTPs) are some of the more complex dispositions to report. In this webinar, you will learn how to navigate the Schedule K-1 packages provided by PTPs and interpret the sales schedule included in the package when reporting the sale. The webinar discusses where the responsibility for basis tracking lies and how to determine the character of the taxpayer’s gain or loss, as well as where to report the information on the taxpayer’s return.</p><iframe src="https://fast.wistia.net/embed/iframe/rwa80em4ej" title="PTP Schedule K-1 Package Overview Video" allow="autoplay; fullscreen" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" allowfullscreen 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>Analyze the Schedule K-1 package from a PTP</li> <li>Interpret the sales schedule when taxpayer sells a PTP interest</li> <li>Summarize the importance of basis tracking by taxpayer</li> <li>Calculate the ordinary and capital portion of taxpayer’s gain or loss</li> <li>Outline how to report ordinary and capital gain or loss upon disposition of PTP interest</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>2020-03-16T05:00:00Z2021-12-30T06:00:00ZFederal Tax Law Topic2020-03-16T05:00:00ZODW2014Intermediate1Federal Tax Law Topic0N/A2020-03-16T05:00:00ZQAS Self StudyPremium: $0 | Professional: $32 | Basic: $40 | Nonmember: $421Federal Tax Law Topic11TaxesUnderstanding of partnership taxationGenaro Cardaropoli, CPA, MPAFederal Tax Law Topic1 CPE for AFSP, EA, CPA, CRTPon-demand webinar2020June2021-12-30T06:00:00Z50 minutesyesnoyesno
On-Demand WebinarRequirements for Partnerships With Foreign Partners On-Demand Webinar<h3>Summary</h3> <p>In this global economy, an increasing number of foreign partners own interest in U.S. partnerships. In this webinar, you will learn about the mandatory withholding requirements on income of a foreign partner. We will also discuss what certification forms that the partnership needs from the foreign partner or entity, how to calculate income that is subject to withholding and how to comply with the filing requirements of various information returns with regard to withholding on foreign partners.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify information on Form W-8BEN, <i>Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding and Reporting</i></li> <li>Describe the partnership’s withholding requirements for foreign partners</li> <li>Complete applicable questions on Form 1065, <i>Schedule B</i>, when partnership has foreign partners <li>Calculate the foreign partner’s income subject to withholding</li> <li>File Form 8805, <i>Foreign Partner’s Information Statement of Section 1446 Withholding Tax</i></li> <li>File Form 8804, <i>Annual Return for Partnership Withholding Tax (Section 1446)</i></li> <li>File Form 8813, <i>Partnership Withholding Tax Payment Voucher (Section 1446)</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>2020-03-17T05:00:00Z2021-12-30T06:00:00ZFederal Tax Law Topic2020-03-17T05:00:00ZODW2018Advanced2Federal Tax Law Topic0N/A2020-03-17T05:00:00ZQAS Self StudyPremium: $0 | Professional: $63 | Basic: $80 | Nonmembers: $842Federal Tax Law Topic22TaxesUnderstanding of Partnership TaxGenaro Cardaropoli, CPA, MPAFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPon-demand webinar2020July2021-12-30T06:00:00Z100 minutesyesnoyesno
On-Demand WebinarPayroll Tax Train Wreck On-Demand Webinar<h3>Summary</h3> <p>The number one reason that small businesses get into tax trouble is due to the failure to report and pay payroll taxes. Payroll tax liabilities are such a large part of the Tax Gap that the IRS has started several initiatives to deal with the non-compliance by employers. This program will cover the current IRS initiatives to deal with payroll tax issues, including the Trust Fund Recovery penalty and how the IRS will pursue responsible owners and employees of the business it believes is responsible for the unpaid payroll taxes. The program will also review how practitioners can help their client’s either avoid the Trust Fund Recovery Penalty or resolve the personal liability issues. <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Understand how the IRS assesses the company and responsible individuals for the unpaid payroll taxes</li> <li>Identify who may be deemed personally responsible for the unpaid payroll taxes</li> <li>Explain the assessment procedures under IRC § 6672</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>2020-03-17T05:00:00Z2021-12-30T06:00:00ZFederal Tax Law Topic2020-03-17T05:00:00ZODW2019Intermediate2Federal Tax Law Topic0N/A2020-03-17T05:00:00ZQAS Self StudyPremium: $0 | Professional: $63 | Basic: $80 | Nonmembers: $842Federal Tax Law Topic22TaxesKnowledge or experience with payroll and payroll taxationEric GreenFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPon-demand webinar2020July2021-12-30T06:00:00Z100 minutesyesnoyesno
On-Demand WebinarConverting an Entity Taxed As a Partnership To Sole Ownership On-Demand Webinar<h3>Summary</h3> <p>This webinar discusses the steps involved when an entity taxed as a partnership converts to a solely-owned entity. The IRS released Revenue Ruling 99-6 to explain these steps, but the process is complicated. The three steps include liquidation of the partnership, purchase/sale of assets between partners, and lastly, placing the assets formerly owned by the partnership in service in the sole owner’s entity of choice. You’ll also learn how to determine the basis of the assets from the partnership that the sole owner places in service.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Summarize the steps required when converting a partnership to a solely-owned entity</li> <li>Identify the tax consequences for the partnership and partners when the partnership liquidates</li> <li>Calculate each partner’s basis in the assets received in liquidation</li> <li>Identify the reporting requirements for the buying and selling partner(s)</li> <li>Determine the sole owner’s basis and holding period of the assets formerly owned by the partnership</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>2020-03-17T05:00:00Z2021-12-30T06:00:00ZFederal Tax Law Topic2020-03-17T05:00:00ZODW2020Intermediate2Federal Tax Law Topic0N/A2020-03-17T05:00:00ZQAS Self StudyPremium: $0 | Professional: $63 | Basic: $80 | Nonmembers: $842Federal Tax Law Topic22TaxesKnowledge of business taxationLarry Zimbler, MST, EAFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPon-demand webinar2020July2021-12-30T06:00:00Z100 minutesyesnoyesno
On-Demand WebinarNavigating Employer-Provided Health Insurance On-Demand Webinar<h3>Summary</h3> <p>This course will navigate the contributions, limitations, distributions and eligibility for HSAs, FSAs, HRAs, QSEHRAs, as well as self-employed health insurance deductions. Each of these has their own advantages and pitfalls, and this course will help you understand their different components so you can help your clients choose which option is the best for them and their employees. For example, some allow a carryover of funds and are portable after termination, some are cross-compatible with other options and most have different maximum annual contribution amounts.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Describe the eligibility requirements for HSAs, FSAs, HRAs, QSEHRAs and SE health insurance</li> <li>Correctly calculate a client’s contribution limits</li> <li>Identify qualified expenses</li> <li>Outline the effects of changes of employment on HSAs</li> <li>Describe the testing periods associated with HSAs</li> <li>Describe the penalties associated with each type of plan</li> <li>Correctly report contributions, distributions and adjustments</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>2020-03-17T05:00:00Z2021-12-30T06:00:00ZFederal Tax Law Topic2020-03-17T05:00:00ZODW2021Intermediate2Federal Tax Law Topic0N/A2020-03-17T05:00:00ZQAS Self StudyPremium: $0 | Professional: $63 | Basic: $80 | Nonmembers: $842Federal Tax Law Topic22TaxesKnowledge of business income taxLaura Strombom, EA, MBA, NTPI FellowFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPon-demand webinar2020July2021-12-30T06:00:00Z100 minutesyesnoyesno
On-Demand WebinarHelping Clients Benefit from the New Meals & Entertainment Rules On-Demand Webinar<h3>Summary</h3> <p>Some of your clients may be in the business of wining-and-dining, which can be pretty costly. The <i>Tax Cuts and Jobs Act</i> (TCJA) changed the rules for claiming business meals and entertainment for your clients. Taxpayers used to be able to deduct up to 50% of the costs directly related to entertainment, but that changed under the TCJA. This webinar will help you navigate the new allowable deductions for your clients’ business meals and, in limited circumstances, determine when and where entertainment may still be deductible.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify the exceptions to the disallowance rule for entertainment deductions</li> <li>Define requirements for claiming business meal deductions</li> <li>Differentiate between accountable plans and nonaccountable plans </li> <li>Summarize the requirements for accountable plans</li> <li>Identify substantiation requirements for deductibility of business meals</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>2020-03-17T05:00:00Z2021-12-30T06:00:00ZFederal Tax Law Topic2020-03-17T05:00:00ZODW2022Intermediate2Federal Tax Law Topic0N/A2020-03-17T05:00:00ZQAS Self StudyPremium: $0 | Professional: $63 | Basic: $80 | Nonmembers: $842Federal Tax Law Topic22TaxesKnowledge of business income taxAJ ReynoldsFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPon-demand webinar2020August2021-12-30T06:00:00Z100 minutesyesnoyesno
On-Demand WebinarCharitable Giving Tax Strategies On-Demand Webinar<h3>Summary</h3> <p>The ways taxpayers contribute to charities and pass on wealth are varied and potentially confusing. These contributions also come with complicated tax limits, benefits and rules. Tax preparers should have a discussion with their clients to learn their goals to proactively help them maximize and time gifts for the best tax-saving opportunities. This webinar looks at several charitable giving tax options to give you, the tax preparer, a toolkit of strategies that increase your value to your clients.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify the impact of recent tax law changes on charitable giving strategies</li> <li>Calculate basis of non-cash property donated</li> <li>Calculate IRA qualified charitable distributions</li> <li>Analyze the outcomes of creating a donor-advised fund versus bunching deductions</li> <li>Summarize the qualifications required for a conservation easement contribution</li> <li>Evaluate the tax benefits of a charitable lead trust versus its inverse charitable remainder trust</li> <li>Prepare Form 5227, <i>Split-Interest Trust Information Return</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>2020-03-17T05:00:00Z2021-12-30T06:00:00ZFederal Tax Law Topic2020-03-17T05:00:00ZODW2023Intermediate2Federal Tax Law Topic0N/A2020-03-17T05:00:00ZQAS Self StudyPremium: $0 | Professional: $63 | Basic: $80 | Nonmembers: $842Federal Tax Law Topic22TaxesKnowledge of basic individual and fiduciary income taxJaye Tritz, EA, CFP®Federal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPon-demand webinar2020August2021-12-30T06:00:00Z100 minutesyesnoyesno
On-Demand WebinarTax Rules for Business Vehicles On-Demand Webinar<h3>Summary</h3> <p>There are several benefits that a business can receive for having a vehicle that is either owned or used in a trade or business. For example, a business owner can get a tax benefit for taking a Section 179 deduction by purchasing a new or used vehicle. It is common in the industries of construction, sales travel, delivery businesses and client transportation to have a specific vehicle used only for business. This course will explain the benefits available and how they may pertain to each of your clients on their business returns. </p><iframe src="https://fast.wistia.net/embed/iframe/d7spggwr85" title="Example Video" allow="autoplay; fullscreen" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" allowfullscreen 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 allowable depreciation</li> <li>Identify the listed property rules</li> <li>Describe rules for claiming standard mileage rate vs. actual expenses</li> <li>Complete Form 4562, <i>Depreciation and Amortization (Including Information on Listed Property)</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>2020-03-17T05:00:00Z2021-12-30T06:00:00ZFederal Tax Law Topic2020-03-17T05:00:00ZODW2024Intermediate1Federal Tax Law Topic0N/A2020-03-17T05:00:00ZQAS Self StudyPremium: $0 | Professional: $32 | Basic: $40 | Nonmember: $421Federal Tax Law Topic11TaxesKnowledge of Business Tax LawBrad MessnerFederal Tax Law Topic1 CPE for AFSP, EA, CPA, CRTPon-demand webinar2020September2021-12-30T06:00:00Z50 minutesyesnoyesno
On-Demand WebinarTax Rules and Reporting of Virtual Currency On-Demand Webinar<h3>Summary</h3> <p>Bitcoin, Litecoin and Ethereum are types of cryptocurrency, which is an internet-based exchange medium to conduct financial transactions. Cryptocurrencies are considered very secure because they use strong cryptography to verify the transfer of assets. This webinar reviews what cryptocurrency is and how to report it. The IRS has special requirements for trading cryptocurrency and for taxpayers selling or exchanging virtual currencies. We’ll also cover the nuances of the new virtual currency disclosure question on the Form 1040.</p><iframe src="https://fast.wistia.net/embed/iframe/7xqpzymspo" title="Virtual Currency Basics Video" allow="autoplay; fullscreen" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" allowfullscreen msallowfullscreen width="640" height="360"></iframe> <script src="https://fast.wistia.net/assets/external/E-v1.js" async></script> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify the types of cryptocurrencies and the way they work</li> <li>Correctly report income from cryptocurrency</li> <li>Correctly report gains and losses from cryptocurrency</li> <li>Identify the pitfalls of cryptocurrency</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>2020-03-17T05:00:00Z2021-12-30T06:00:00ZFederal Tax Law Topic2020-03-17T05:00:00ZODW2025Intermediate2Federal Tax Law Topic0N/A2020-03-17T05:00:00ZQAS Self StudyPremium: $0 | Professional: $63 | Basic: $80 | Nonmembers: $842Federal Tax Law Topic22TaxesKnowledge of Individual Income TaxAmy WallFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPon-demand webinar2020August2021-12-30T06:00:00Z100 minutesyesnoyesno
On-Demand WebinarTrusts Part 1: Identifying Different Types and Terms On-Demand Webinars<h3>Summary</h3> <p>This webinar kicks off a four-part series focusing on trusts. There are several different types of trusts and many different terms used interchangeably when naming trusts. Sometimes the name of a trust can be deceiving regarding the taxation of the income of the trust. The trust document is the key to determining how income of the trust will be taxed. Attend this webinar to introduce trust preparation to your tax practice.</p><iframe src="https://fast.wistia.net/embed/iframe/4alrt12mtt" title="What is a Trust? Video" allow="autoplay; fullscreen" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" allowfullscreen msallowfullscreen width="640" height="360"></iframe> <script src="https://fast.wistia.net/assets/external/E-v1.js" async></script> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify the different types of trusts</li> <li>Analyze the trust document and identify the type of trust</li> <li>Determine whether the trust is separate from the grantor</li> <li>Summarize the overall income tax consequences of the trust</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>2020-03-17T05:00:00Z2021-12-30T06:00:00ZFederal Tax Law Topic2020-03-17T05:00:00ZODW2026Intermediate2Federal Tax Law Topic0N/A2020-03-17T05:00:00ZQAS Self StudyPremium: $0 | Professional: $63 | Basic: $80 | Nonmembers: $842Federal Tax Law Topic22TaxesKnowledge of Federal Income TaxationJaye Tritz, EA, CFP®Federal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPon-demand webinar2020September2021-12-30T06:00:00Z100 minutesyesnoyesno
On-Demand WebinarTaxation of Income Earned in a U.S. Possession/Territory On-Demand Webinar<h3>Summary</h3> <p>Generally, the same rules that apply for determining U.S.-sourced income will apply to U.S. possession-sourced income. However, there are some very important exceptions to the rules. We will discuss those exceptions as well as how and where the income earned in a U.S. possession by a US citizen or resident is reported. This webinar will also explain income earned in a U.S. possession/territory (e.g. Puerto Rico, U.S. Virgin Islands, Guam) and will discuss how and where the income earned is reported. </p><iframe src="https://fast.wistia.net/embed/iframe/h2xtrhx9g4" title="Puerto Rico Video" allow="autoplay; fullscreen" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" allowfullscreen 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>Discuss the U.S.income rule</li> <li>Identify the U.S. possessions/territories</li> <li>Report income earned in the possession</li> <li>Determine bona fide residence or physical presence</li> <li>Determine if income is effectively connected to the U.S. </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>2020-03-17T05:00:00Z2021-12-30T06:00:00ZFederal Tax Law Topic2020-03-17T05:00:00ZODW2027Intermediate2Federal Tax Law Topic0N/A2020-03-17T05:00:00ZQAS Self StudyPremium: $0 | Professional: $63 | Basic: $80 | Nonmembers: $842Federal Tax Law Topic22TaxesKnowledge of Individual Income TaxGenaro Cardaropoli, CPA, MPAFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPon-demand webinar2020September2021-12-30T06:00:00Z100 minutesyesnoyesno
On-Demand WebinarTrusts Part 2: Fundamentals, Filing Requirements and Reporting Income On-Demand Webinar<h3>Summary</h3> <p>This webinar covers the filing requirements of a trust. You’ll learn how a simple trust differs from a complex trust, how income is reported by the trust and when it is beneficial to treat the trust income as a decedent’s estate income. This webinar will identify information you must gather and walk you through the completion of the income section of Form 1041 on Lines 1-9 using illustrations. </p><iframe src="https://fast.wistia.net/embed/iframe/hvfugwspxw" title="Form 1041 Video" allow="autoplay; fullscreen" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" allowfullscreen 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 appropriate information needed to prepare Form 1041 for a trust</li> <li>Assess when the §645 election to treat trust income as estate’s is allowed and beneficial</li> <li>Determine what income is reported on Form 1041 for a trust</li> <li>Determine the Form 1041 trust due date and filing requirements</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>2020-03-17T05:00:00Z2021-12-30T06:00:00ZFederal Tax Law Topic2020-03-17T05:00:00ZODW2028Intermediate2Federal Tax Law Topic0N/A2020-03-17T05:00:00ZQAS Self StudyPremium: $0 | Professional: $63 | Basic: $80 | Nonmembers: $842Federal Tax Law Topic22TaxesKnowledge of Federal Income TaxJaye Tritz, EA, CFP®Federal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPon-demand webinar2020September2021-12-30T06:00:00Z100 minutesyesnoyesno
On-Demand WebinarTrusts Part 3: Deductible Expenses and Reporting Distributions On-Demand Webinar<h3>Summary</h3> <p>This webinar focuses on trusts required to file Form 1041. Through examples, this webinar discusses Form 1041 deductions in detail for Lines 10 through 21. After gaining an understanding of the difference between fiduciary accounting income and distributable net income, you will be able to determine who ultimately reports the income of a trust. The webinar also illustrates how to complete Form 1041, Schedule A, Charitable Deduction, and Schedule B, Income Distribution Deduction. </p><iframe src="https://fast.wistia.net/embed/iframe/3ol9kmklly" title="Qualified Business Income Deduction (QBID) Video" allow="autoplay; fullscreen" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" allowfullscreen msallowfullscreen width="640" height="360"></iframe> <script src="https://fast.wistia.net/assets/external/E-v1.js" async></script> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify what expenses can be deducted on Form 1041 for a trust</li> <li>Determine whether itemized deductions are deductible or suspended for tax years 2018-2025</li> <li>Determine the charitable deduction allowed for a trust</li> <li>Differentiate between distributable net income (DNI), fiduciary accounting income (FAI) and income distribution deduction (IDD)</li> <li>Calculate DNI, FAI and IDD for a trust</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>2020-03-17T05:00:00Z2021-12-30T06:00:00ZFederal Tax Law Topic2020-03-17T05:00:00ZODW2029Intermediate2Federal Tax Law Topic0N/A2020-03-17T05:00:00ZQAS Self StudyPremium: $0 | Professional: $63 | Basic: $80 | Nonmembers: $842Federal Tax Law Topic22TaxesKnowledge of Fiduciary Income TaxJaye Tritz, EA, CFP®Federal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPon-demand webinar2020October2021-12-30T06:00:00Z100 minutesyesnoyesno
On-Demand WebinarTrusts Part 4: Finalizing Form 1041 and Preparing Schedule K-1 On-Demand Webinar<h3>Summary</h3> <p>Learn to prepare the Form 1041 and Schedule K-1 through comprehensive examples and illustrations. We will review how report income on Schedule K-1 depending on whether the trust is simple or complex, and you’ll learn the differences of distributable net income on a final trust return versus any other tax year. The webinar also includes information on tax credits and when the net investment income tax applies for a trust.</p><iframe src="https://fast.wistia.net/embed/iframe/4xrtwek1a6" title="The Final 1041 Video" allow="autoplay; fullscreen" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" allowfullscreen 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 1041 for a trust</li> <li>Calculate the appropriate estimated tax payments for a trust</li> <li>Determine when a trust is subject to the net investment income tax (NIIT)</li> <li>Complete a Schedule K-1 for each beneficiary’s share of distributable net income so the beneficiaries can accurately prepare their individual tax returns</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>2020-03-17T05:00:00Z2021-12-30T06:00:00ZFederal Tax Law Topic2020-03-17T05:00:00ZODW2030Intermediate2Federal Tax Law Topic0N/A2020-03-17T05:00:00ZQAS Self StudyPremium: $0 | Professional: $63 | Basic: $80 | Nonmembers: $842Federal Tax Law Topic22TaxesKnowledge of Fiduciary Income TaxJaye Tritz, EA, CFP®Federal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPon-demand webinar2020October2021-12-30T06:00:00Z100 minutesyesnoyesno
On-Demand WebinarQualifying for the QBI Rental Safe Harbor On-Demand Webinar<h3>Summary</h3> <p>In September 2019, the IRS issued Revenue Procedure 2019-38 to address issues surrounding qualified business income (QBI) and rental real estate. The Rev. Proc. created a safe harbor for treating rental real estate businesses as a trade or business in order to qualify for the 20% QBI deduction. The safe harbor was proposed because many taxpayers were uncertain whether or not they qualified for the QBI deduction. With these new rules, learn which of your clients will qualify and understand the facets of the deduction.</p><iframe src="https://fast.wistia.net/embed/iframe/5l81ls459r" title="Rental Safe Harbor Statement Video" allow="autoplay; fullscreen" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" allowfullscreen msallowfullscreen width="640" height="360"></iframe> <script src="https://fast.wistia.net/assets/external/E-v1.js" async></script> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Describe the requirements for the QBI deduction of rental real estate</li> <li>Discuss when a rental rises to the level of a trade or business</li> <li>Outline the requirements for use of the rental real estate safe harbor from IRC §199A</li> <li>Report the QBI deduction correctly for rental real estate businesses</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>2020-03-17T05:00:00Z2021-12-30T06:00:00ZFederal Tax Law Topic2020-03-17T05:00:00ZODW2031Intermediate1Federal Tax Law Topic0N/A2020-03-17T05:00:00ZQAS Self StudyPremium: $0 | Professional: $32 | Basic: $40 | Nonmember: $421Federal Tax Law Topic11TaxesUnderstanding of business and real estate incomeKathy Morgan, EAFederal Tax Law Topic1 CPE for AFSP, EA, CPA, CRTPon-demand webinar2020October2021-12-30T06:00:00Z50 minutesyesnoyesno
On-Demand WebinarCalculate and Report Section 965 Transition Tax On-Demand Webinar<h3>Summary</h3> <p>Section 965, Transition Tax on Accumulated Foreign Earnings, is the one-time U.S. transition tax on untaxed foreign earnings of foreign subsidiaries of U.S. corporations. This webinar explains how to identify U.S. shareholders with income inclusions attributable to interests in specified foreign corporations, calculate the accumulated earnings and profits (AE&P) attributable to each specified foreign corporation on the relevant determination dates, and compute any available offsets for net operating loss (NOL) years to calculate net earnings subject to the transition tax. </p><iframe src="https://fast.wistia.net/embed/iframe/da987u1e0g" title="Section 965 Video" allow="autoplay; fullscreen" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" allowfullscreen msallowfullscreen width="640" height="360"></iframe> <script src="https://fast.wistia.net/assets/external/E-v1.js" async></script> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify U.S. shareholders with income inclusion requirements attributed to their interest in a specified foreign corporation</li> <li>Calculate the accumulated earnings and profits (AE&P) attributed to specified foreign corporations and the relevant determination dates</li> <li>Compute available offsets for NOL years to arrive at the corporation’s net earnings subject to the transition tax</li> <li>Discuss the relevant schedules used to arrive at the taxable amount for Form 965, <i>Inclusion of Deferred Foreign Income Upon Transition to Participation Exemption System</i>, and Form 1040, <i>Schedule 2</i>, Line 9</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>2020-03-17T05:00:00Z2021-12-30T06:00:00ZFederal Tax Law Topic2020-03-17T05:00:00ZODW2032Advanced2Federal Tax Law Topic0N/A2020-03-17T05:00:00ZQAS Self StudyPremium: $0 | Professional: $63 | Basic: $80 | Nonmembers: $842Federal Tax Law Topic22TaxesKnowledge about corporate and foreign tax topicsGenaro Cardaropoli, CPA, MPAFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPon-demand webinar2020November2021-12-30T06:00:00Z100 minutesyesnoyesno
On-Demand WebinarTax Treatment of Farmers On-Demand Webinar<h3>Summary</h3> <p>Farming is a unique activity with its own set of special tax issues. Farmers may deduct, as business expenses, the real estate 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 pros 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 apply depreciation methods unique to farming assets. </p><iframe src="https://fast.wistia.net/embed/iframe/iwpc6c83em" title="Hobby Farm vs Farm Business Video" allow="autoplay; fullscreen" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" allowfullscreen msallowfullscreen width="640" height="360"></iframe> <script src="https://fast.wistia.net/assets/external/E-v1.js" async></script> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify whether a client’s activity is a farm activity</li> <li>Explain how the TCJA affects farmers</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>Assess when the rules regarding excess farm losses apply</li> <li>Outline farm income averaging and when to use it</li> <li>Prepare Schedule F</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>2020-03-17T05:00:00Z2021-12-30T06:00:00ZFederal Tax Law Topic2020-03-17T05:00:00ZODW2033Intermediate2Federal Tax Law Topic0N/A2020-03-17T05:00:00ZQAS Self StudyPremium: $0 | Professional: $63 | Basic: $80 | Nonmembers: $842Federal Tax Law Topic22TaxesKnowledge of basic business Income TaxPenny Wade SmithFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPon-demand webinar2020November2021-12-30T06:00:00Z100 minutesyesnoyesno
On-Demand WebinarComputing Contributions and Distributions of IRAs<h3>Summary</h3> <p>Individual retirement accounts (IRAs) are a very common retirement planning tool. This webinar covers the differences between traditional and Roth IRAs, how to calculate allowable IRA contributions based on whether or not taxpayers are covered under an employer plan, how to properly report distributions, and how to handle inherited IRAs. Additionally, we will review corrective actions when taxpayers contribute too much or forget to take required minimum distributions (RMDs).</p><iframe src="https://fast.wistia.net/embed/iframe/vegtesl0wm" title="Income Limitations Video" allow="autoplay; fullscreen" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" allowfullscreen 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>Compute the allowable IRA contribution and deduction</li> <li>Calculate distribution options and requirements</li> <li>Prepare Form 8606 for distributions and nondeductible contributions</li> <li>Prepare Form 5329 to report additional taxes</li> <li>Find, fix and avoid common mistakes, and request penalty waivers</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>2020-03-17T05:00:00Z2021-12-30T06:00:00ZFederal Tax Law Topic2020-03-17T05:00:00ZODW2034Intermediate2Federal Tax Law Topic0N/A2020-03-17T05:00:00ZQAS Self StudyPremium: $0 | Professional: $63 | Basic: $80 | Nonmembers: $842Federal Tax Law Topic22TaxesKnowledge of individual income taxSheri Fronsee, CPAFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPon-demand webinar2020November2021-12-30T06:00:00Z100 minutesyesnoyesno
On-Demand WebinarHelp Your Clients Make Decisions About Stock Options<h3>Summary</h3> <p>Reporting employee incentive stock options (ISOs), restricted stock units (RSUs), nonqualified stock options (NQSOs) and employee stock purchase plans (ESPPs) can be daunting. This webinar cuts through the alphabet soup and will look at the types of stock options employees can receive, how to determine the basis of those options and how to calculate their tax impact to the employee. This set of skills is invaluable to your clients. We’ll also review tax documents the employee should have received about stock options.</p><iframe src="https://fast.wistia.net/embed/iframe/udoig0syx8" title="Introduction to Stock Options Video" allow="autoplay; fullscreen" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" allowfullscreen msallowfullscreen width="640" height="360"></iframe> <script src="https://fast.wistia.net/assets/external/E-v1.js" async></script> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify the various types of stock options</li> <li>Calculate the cost basis of stock and stock options</li> <li>Calculate income associated with the grant, vesting and exercise of employee stock options</li> <li>Determine if the taxable income is ordinary or capital gain income</li> <li>Compute required AMT adjustments where applicable</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>2020-03-17T05:00:00Z2021-12-30T06:00:00ZFederal Tax Law Topic2020-03-17T05:00:00ZODW2035Intermediate2Federal Tax Law Topic0N/A2020-03-17T05:00:00ZQAS Self StudyPremium: $0 | Professional: $63 | Basic: $80 | Nonmembers: $842Federal Tax Law Topic22TaxesKnowledge of basic income tax for investmentsLarry Zimbler, MST, EAFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPon-demand webinar2020December2021-12-30T06:00:00Z100 minutesyesnoyesno
On-Demand WebinarChanging Accounting Methods Using Form 3115 On-Demand Webinar<h3>Summary</h3> <p>When your clients have accounting method questions, they’ll often turn to you. The <i>Tax Cuts and Jobs Act</i> (TCJA) added several provisions that could require a change in accounting methods, such as expanding the availability of the cash method and exempting small businesses from the requirement to maintain inventory. In addition, claiming missed depreciation can be considered an accounting method change. This webinar covers properly reporting accounting method changes to the IRS and how to complete Form 3115.</p><iframe src="https://fast.wistia.net/embed/iframe/zb48jgg6e7" title="Introduction Video" allow="autoplay; fullscreen" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" allowfullscreen msallowfullscreen width="640" height="360"></iframe> <script src="https://fast.wistia.net/assets/external/E-v1.js" async></script> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify accounting method changes</li> <li>Summarize the accounting method changes eligible small businesses can make under the TCJA</li> <li>Determine when Form 3115 must be filed or if an amended return can be filed</li> <li>Distinguish between automatic and non-automatic accounting method changes</li> <li>Compute the §481(a) adjustment and claim in the appropriate year(s)</li> <li>Complete Form 3115 to claim missed depreciation</li> <li>Prepare Form 3115 for a small business taxpayer changing from the accrual method to the cash method using the reduced filing requirement in Rev. Proc. 2018-40</li> <li>Determine how to handle inventory when a small business taxpayer uses the cash method</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>2020-03-17T05:00:00Z2021-12-30T06:00:00ZFederal Tax Law Topic2020-03-17T05:00:00ZODW2036Intermediate2Federal Tax Law Topic0N/A2020-03-17T05:00:00ZQAS Self StudyPremium: $0 | Professional: $63 | Basic: $80 | Nonmembers: $842Federal Tax Law Topic22TaxesKnowledge of Business Income TaxLaura Strombom, EA, MBA, NTPI FellowFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPon-demand webinar2020December2021-12-30T06:00:00Z100 minutesyesnoyesno
On-Demand WebinarFiling Requirements for 1099s, W-2s and Other Information Returns On-Demand Webinar<h3>Summary</h3> <p>Preparation is essential for successful year-end reporting. This webinar will help you understand what is needed to file your clients’ W-2s, 1099-MISCs, 1099-NECs, 941s, FUTA and other information forms or returns. We’ll review the documents and deadlines required to provide these forms to taxpayers, the IRS and the Social Security Administration. We’ll also cover filing corrected forms and the penalties for late or missed filing of information returns. </p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify information reporting forms and when the forms are required to be filed</li> <li>Prepare Form 1099-MISC and Form 1099-NEC</li> <li>File information reporting forms correctly</li> <li>Calculate failure to file or pay penalties of information reporting forms</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>2020-03-17T05:00:00Z2021-12-30T06:00:00ZFederal Tax Law Topic2020-03-17T05:00:00ZODW2037Basic2Federal Tax Law Topic0N/A2020-03-17T05:00:00ZQAS Self StudyPremium: $0 | Professional: $63 | Basic: $80 | Nonmembers: $842Federal Tax Law Topic22TaxesKate GoadFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPon-demand webinar2020December2021-12-30T06:00:00Z100 minutesyesnoyesno
On-Demand Webinar Due Diligence On-Demand Webinar<h3>Summary</h3> <p>Due diligence continues to be a focus to combat tax-fraud and an ever-present requirement of our industry. From confirming the residency of a client’s child to establishing the eligibility of a credit, the tax professional must gather more information than ever before. Some professionals struggle with exercising due diligence and invading a client’s right to privacy.  </p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Recognize when due diligence requirements apply</li> <li>Properly prepare Form 8867</li> <li>Identify acceptable documents to support the requirements</li> <li>Comprehend the retention requirements</li> <li>Recognize the traps of ethical dilemmas</li> <li>Establish procedures to ensure due diligence compliance in the tax office</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>2020-11-16T06:00:00Z2021-12-31T06:00:00ZNone2020-11-16T06:00:00ZODW2072Basic2 Ethics0N/A2020-11-16T06:00:00ZQAS Self StudyPremium: $0 | Professional: $0 | Basic: $0 | Nonmember: $842Ethics22Regulatory EthicsNone Ethics2 CPE for AFSP, EA, CPA, CRTPon-demand webinar2020December2021-12-30T06:00:00Z100 minutesyesyesyesyes
Self StudyMilitary Tax Issues Self-Study<h3>Summary</h3> <p>When working with a member of the military, there are special tax provisions that tax professionals must be aware of. This course will familiarize you with these provisions, such as income that is excludable for tax purposes as well as deductions they are entitled to. You will also identify scenarios demonstrating when it would be beneficial to include their nontaxable income for the earned income tax credit (EITC) and be able to provide an overview of tax implications for military pensions and veteran’s benefits.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify military pay that can be excluded from income</li> <li>Define the different forms of military pay</li> <li>Identify adjustments available to military personnel, including moving expenses</li> <li>Determine if nontaxable combat pay is included in earned income for EITC purposes</li> <li>Recognize special provisions related to excluding gain from the sale of a principle residence or foreclosures</li> <li>Identify and apply for forgiveness of a decedent’s tax liability</li> <li>Define the deadlines applicable to military personnel</li> <li>Determine the taxation of military pensions and veterans 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> 2020-04-01T05:00:00Z2021-12-31T06:00:00ZNone2020-04-01T05:00:00ZSS20326Basic2Federal Tax Law Topic0N/A2020-04-01T05:00:00ZQAS Self Study2Federal Tax Law Topic22TaxesNoneFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2020/MilitaryTaxIssues_TOC.pdfself study2020June2021-12-31T06:00:00Z8084063nonoyesno
Self StudyNet Operating Losses Self-Study<h3>Summary</h3> <p>The goal of every business is to make a profit, but losses still occur. 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). </p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Determine if a business or individual has incurred an NOL</li> <li>Calculate the amount of the NOL to maximize the amount to carryover</li> <li>Identify when a taxpayer is eligible to make an election to carryover an NOL</li> <li>Identify the provisions of carrying forward the NOL</li> <li>Distinguish between business and nonbusiness income and losses in order to correctly calculate the NOL</li> <li>Define excess business losses</li> <li>Correctly calculate an ATNOL while considering AMT adjustments and preferences </li> <li>Determine the remaining ATNOL after utilization in intervening years with accuracy and compliance with AMT rules </li> <li>Compute the NOL deduction for each taxpayer 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>2020-04-01T05:00:00Z2021-12-31T06:00:00ZNone2020-04-01T05:00:00ZSS20327Basic4Federal Tax Law Topic0N/A2020-04-01T05:00:00ZQAS Self StudyPremium: $0 | Professional: $101 | Basic: $127 | Nonmember: $1344Federal Tax Law Topic44TaxesNoneFederal Tax Law Topic4 CPE for AFSP, EA, CPA, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2020/NetOperatingLoss_TOC.pdfself study2020June2021-12-31T06:00:00Z1271340101nonoyesno
Self StudyQBI and Choosing a Business Entity Self-Study<h3>Summary</h3> <p>In this valuable hands-on workshop, we will review qualified business income (QBI) from the standpoint of the entity, and complete several case studies that involve QBI and decisions related to various entities. We'll discuss how to determine which entity is best for your client. We will analyze switching entities and the tax consequences associated with that change. Finally, we will 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 qualified business income (QBI) <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>2020-04-02T05:00:00Z2021-12-31T06:00:00ZNone2020-04-02T05:00:00ZSS20331Intermediate6Federal Tax Law Topic0N/A2020-04-02T05:00:00ZQAS Self Study6Federal Tax Law Topic66TaxesKnowledge or experience with federal taxationFederal Tax Law Topic6 CPE for AFSP, EA, CPA, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2020/QBIandChoosingaBusinessEntity_TOC.pdfself study2020June2021-12-31T06:00:00Z1751840138nonoyesno
Self StudySharing Economy Self-Study<h3>Summary</h3> <p>More and more taxpayers are using one of the many online platforms available to rent spare bedrooms, provide car rides, or to connect and provide a number of other goods or services. They are involved in what is called the ‘sharing (or gig) economy.’ This course reviews the proper tax reporting of revenues earned and expenses incurred for taxpayers participating in sharing economy activities. We will also describe the different categories of sharing economy activities.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify if a sharing economy activity rises to the level of a trade or business</li> <li>Properly report income and expenses of sharing economy activities</li> <li>Determine if a taxpayer is eligible to claim the home office deduction</li> <li>Determine the proper treatment of vehicle expense</li> <li>Identify when a taxpayer needs to pay estimated tax payments and self-employment tax</li> <li>Identify the different categories of sharing economy activities</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>2020-04-02T05:00:00Z2021-12-31T06:00:00ZNone2020-04-02T05:00:00ZSS20332Basic2Federal Tax Law Topic0N/A2020-04-02T05:00:00ZQAS Self Study2Federal Tax Law Topic22TaxesNoneFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2020/SharingEconomy_TOC.pdfself study2020May2021-12-31T06:00:00Z8084063nonoyesno
Self StudyTax Reform Impact on S Corps & Partnerships Self-Study<h3>Summary</h3> <p>The <i>Tax Cuts and Jobs Act (TCJA) of 2017</i> continues to affect most small businesses, which presents an exciting opportunity to assist your clients in maximizing their tax savings. We will review the general taxation of partnerships and S corporations and learn how special provisions in the TCJA affect them by applying recently issued guidance, including modifications made by the <i>Coronavirus Aid, Relief, and Economic Security Act </i> (CARES Act). We will also review the partnership audit rules so you can make informed decisions regarding partnership audits. It’s important to understand these rules since the IRS expects to begin using the centralized partnership audit regime in 2020.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Determine and report qualified business income (QBI) information on Schedule K-1</li> <li>Summarize some of the accounting method changes available to small business taxpayers</li> <li>Determine when the business interest expense limitation does not apply</li> <li>Complete Form 8990 when business interest expense is limited at the partnership or S corporation level</li> <li>Summarize key business provisions that were modified by the CARES Act</li> <li>Analyze the partnership audit rules and certain elections the partnership can make</li> <li>Calculate partner’s outside basis in the partnership and report partner’s tax basis capital account</li> <li>Calculate S corporation shareholder’s stock and debt basis </li> <li>Compute and report the built-in gains tax</li> <li>Compare and contrast partnerships and S corporations</li> </ul> <h3>Course Details</h3> <p>This course includes an e-book and exam questions to help you earn CPE. CPE is issued after the exam is successfully completed.</p>2020-04-02T05:00:00Z2021-12-31T06:00:00ZNone2020-04-02T05:00:00ZSS20335Update7Federal Tax Law Topic0N/A2020-04-02T05:00:00ZQAS Self StudyPremium: $0 | Professional: $153 | Basic: $194 | Nonmember: $2047Federal Tax Law Topic77TaxesKnowledge of S corporation and partnership taxationFederal Tax Law Topic7 CPE for AFSP, EA, CPA, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2020/TaxReformImpactonS%20Corp%20Partnerships_TOC.pdfself study2020June2021-12-31T06:00:00Z1942040153nonoyesno
Self StudyAnnual Tax Update Self-Study<h3>Summary</h3> <p>This course assists the tax preparer in getting ready for the 2021 filing season. You’ll become familiar with the 2020 tax laws and new developments, including tax laws passed as part of the CARES Act, SECURE Act and other COVID-19 related legislation, and discover tax planning tips for the upcoming year.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Explain tax law effective in 2020</li> <li>Summarize new developments that occurred in 2020</li> <li>Advise clients on ways to lower their taxes in the future</li> </ul> <h3>Course Details</h3> <p>This course includes an e-book and exam questions to help you earn CPE. CPE is issued after the exam is successfully completed.</p>2020-04-02T05:00:00Z2021-12-31T06:00:00ZNone2020-04-02T05:00:00ZSS20304Update3Federal Tax Law Update0N/A2020-04-02T05:00:00ZQAS Self Study3Federal Tax Law Update33TaxesKnowledge of or experience with federal taxationFederal Tax Law Update3 CPE for AFSP, EA, CPA, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2020/Annual%20Tax%20Update_TOC.pdfself study2020October2021-12-31T06:00:00Z107113085nonoyesno
Self StudyCannabis Businesses Self-Study<h3>Summary</h3> <p>Cannabis is a multibillion-dollar industry. Many states have passed legislation legalizing either medical or recreational use of cannabis, or both. However, because it remains an illegal drug at the federal level, tax preparation isn’t straightforward. In this course, you will gain a basic understanding of the issues unique to accounting for illegal activities such as the cannabis industry. We review the cash nature of the industry, the reporting limitations for illegal activities and the restrictions on deducting certain types of expenses. We will also discuss the difference between independent contractors and employees, and tax preparers responsibilities when engaging cannabis clients. </p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Identify why the industry is considered illegal at the federal level even if it is legal at the state level</li> <li>Summarize why the industry is currently a cash business</li> <li>Calculate cost of goods sold</li> <li>Prepare Schedule C for a cannabis business</li> <li>Recognize the difference between independent contractors and employees</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>2020-04-02T05:00:00Z2021-12-31T06:00:00ZNone2020-04-02T05:00:00ZSS20306Basic2Federal Tax Law Topic0N/A2020-04-02T05:00:00ZQAS Self Study2Federal Tax Law Topic22TaxesNoneFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2020/CannabisBusinesses_TOC.pdfself study2020May2021-12-31T06:00:00Z8084063nonoyesno
Self StudyIntroduction to Audits Self-Study<h3>Summary</h3> <p>At some point, almost every tax practitioner has a client under audit. As technology evolves, the IRS constantly alters how, where and when to perform an audit. Interactions with IRS agents can be intimidating for both taxpayers and tax professionals. Whether the taxpayer receives a simple CP-2000 notice or is involved in a face-to-face interview with a revenue agent, this course helps to prepare you for the moment when the client is most fearful of and needs you the most during an audit.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Define the taxpayer’s rights</li> <li>Describe the IRS policies in performing audits</li> <li>Identify options and solutions used when an IRS agent is not following protocol</li> <li>Conduct the power of attorney process in order to adequately represent your client</li> <li>Distinguish between practices to avoid during an audit and practices to perform</li> <li>List the options the taxpayer has during the audit conclusion process</li> <li>Manage the client relationship to avoid errors and miscommunications</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>2020-04-02T05:00:00Z2021-12-31T06:00:00ZNone2020-04-02T05:00:00ZSS20312Intermediate2Federal Tax Law Topic0N/A2020-04-02T05:00:00ZQAS SElf StudyPremium: $0 | Professional: $63 | Basic: $80 | Nonmember: $842Federal Tax Law Topic22TaxesNoneFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2020/IntroductiontoAudits_TOC.pdfself study2020July2021-12-31T06:00:00Z8084063nonoyesno
Self StudyIntroduction to Estates and Form 1041 Self-Study<h3>Summary</h3> <p>Once a taxpayer passes away, their assets become part of their estate. This course explains the basic rules governing a decedent’s estate and Form 1041,<i> U.S. Income Tax Return for Estates and Trusts</i>. Learn about the income and expenses, and the accounting concepts surrounding a fiduciary income tax return. The course contains examples throughout that culminate in a full return at the end of the course.</p> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Describe required documents and forms for completing Form 1041 for an estate</li> <li>Identify income and expenses reported on an estate Form 1041</li> <li>Calculate the income and expenses of an estate</li> <li>Calculate income in respect of a decedent in compliance with both tax law and governing documents</li> <li>Calculate distributable net income, fiduciary accounting income, and the income distribution deduction in compliance with both tax law and governing documents</li> <li>Identify requirements to treat a revocable trust as part of an estate</li> <li>Evaluate whether an election to treat a revocable trust as part of the estate minimizes tax</li> <li>Accurately report estate income, credits and deductions to beneficiaries</li> <li>Correctly complete Form 1041, <i>U.S. Income Tax Return for Estates and Trusts</i>.</li> </ul> <h3>Course Details</h3> <p>This course includes an e-book and exam questions to help you earn CPE. CPE is issued after the exam is successfully completed.</p> 2020-04-02T05:00:00Z2021-12-31T06:00:00ZNone2020-04-02T05:00:00ZSS20313Basic7Federal Tax Law Topic0N/A2020-04-02T05:00:00ZQAS Self Study7Federal Tax Law Topic77TaxesNoneFederal Tax Law Topic7 CPE for AFSP, EA, CPA, CRTP/EventsAndEducation/Documents/Textbook%20Table%20of%20Contents/2020/IntroductiontoEstatesandForm1041_TOC.pdfself study2020June2021-12-31T06:00:00Z1942040153nonoyesno
On-Demand WebinarReporting Foreign Accounts and Assets: FBAR vs. Form 8938 On-Demand Webinar<h3>Summary</h3> <p>Do we really have to file both the FBAR and Form 8938?! This session distinguishes between foreign accounts and foreign assets, reviews reporting thresholds, outlines the harsh consequences for non-compliance, and provides a comparison of relief programs including OVDP and the Streamlined Disclosure Program. Learn what to do to ensure that your clients satisfy their foreign reporting obligations and what to do if they don’t. </p> <p>This course is included in our Foreign Tax Day event. Receive a discount when you purchase the <a href="https://www.natptax.com/EventsAndEducation/eEducation/packages/Pages/Foreign-Tax-Day.aspx">session bundle</a>.</p><iframe src="https://fast.wistia.net/embed/iframe/29sgu5ttn4" title="Breaking News Video" allow="autoplay; fullscreen" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" allowfullscreen msallowfullscreen width="640" height="360"></iframe> <script src="https://fast.wistia.net/assets/external/E-v1.js" async></script> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Distinguish between foreign accounts and foreign assets</li> <li>Outline non-compliance consequences</li> <li>Assist clients with satisfying foreign reporting obligations</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>2020-04-07T05:00:00Z2021-12-30T06:00:00ZFederal Tax Law Topic2020-04-07T05:00:00ZODW2039Intermediate2Federal Tax Law Topic0N/A2020-04-07T05:00:00ZQAS Self StudyPremium: $0 | Professional: $63 | Basic: $80 | Nonmembers: $842Federal Tax Law Topic22TaxesKnowledge or experience with individual taxationMonica Haven, EA, JDFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPon-demand webinar2020September2021-12-30T06:00:00Z100 minutesyesnoyesno
On-Demand WebinarTax Issues for U.S. Citizens Living & Working Abroad On-Demand Webinar<h3>Summary</h3> <p>Our clients live, travel and work abroad – and they invest off-shore. This course will focus on the taxation of foreign earned income, how to benefit from income exclusions, exemptions and credits, and avoid the wrath of a government that seeks to zealously prosecute tax avoidance schemes. Non-compliance comes at a steep price – let’s make sure our clients report their foreign income and financial assets.</p> <p>This course is included in our Foreign Tax Day event. Receive a discount when you purchase the <a href="https://www.natptax.com/EventsAndEducation/eEducation/packages/Pages/Foreign-Tax-Day.aspx">session bundle</a>.</p><iframe src="https://fast.wistia.net/embed/iframe/9dildbyryg" title="Introduction Video" allow="autoplay; fullscreen" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" allowfullscreen 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>Understand that U.S. citizens living outside of the U.S. have filing requirements comparable to citizens and residents living in the U.S.</li> <li>Determine if certain U.S. taxpayers may claim the foreign earned income exclusion</li> <li>Use the foreign tax credit to mitigate the effects of double taxation and reduce the U.S. tax liability of eligible taxpayers </li> <li>Advise U.S. taxpayers of tax and reporting regulations that apply specifically to those living abroad, including foreign account and foreign assets reporting</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>2020-04-07T05:00:00Z2021-12-30T06:00:00ZFederal Tax Law Topic2020-04-07T05:00:00ZODW2038Intermediate2Federal Tax Law Topic0N/A2020-04-07T05:00:00ZQAS Self StudyPremium: $0 | Professional: $63 | Basic: $80 | Nonmembers: $842Federal Tax Law Topic22TaxesKnowledge or experience with individual taxationMonica Haven, EA, JDFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPon-demand webinar2020September2021-12-30T06:00:00Z100 minutesyesnoyesno
On-Demand WebinarBeyond the Basics of FATCA: Foreign Retirement Account Reporting On-Demand Webinar<h3>Summary</h3> <p>U.S. citizens living and working abroad face a myriad of onerous reporting requirements for foreign bank accounts and assets. The U.S. Treasury has engaged in much-publicized enforcement activity which, to the relief of the practitioner community, has compelled taxpayers to become compliant with their FinCEN 114 and Form 8938 filing obligations. But it may well be too soon to rest easy if our clients are invested in passive foreign investment companies (PFICs), such as foreign money market accounts [yikes!], mutual funds, hedge funds, insurance products and [oh my!] pension and retirement accounts as these generally do not enjoy the same tax benefits of their American counter-parts. This class will unveil the complexity of the mandated reporting regime for PFICs (Form 8621) and for those investments deemed to be foreign “trust” (Form 3520). </p> <p>This course is included in our Foreign Tax Day event. Receive a discount when you purchase the <a href="https://www.natptax.com/EventsAndEducation/eEducation/packages/Pages/Foreign-Tax-Day.aspx">session bundle</a>.</p><iframe src="https://fast.wistia.net/embed/iframe/rskm6z23yy" title="Introduction Video" allow="autoplay; fullscreen" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" allowfullscreen msallowfullscreen width="640" height="360"></iframe> <script src="https://fast.wistia.net/assets/external/E-v1.js" async></script> <h3>Objectives</h3> <p>Upon completion of this course, you will be able to: <ul> <li>Distinguish between foreign bank account, foreign asset and foreign retirement account reporting</li> <li>Understand that certain investment accounts held abroad may be deemed to be passive investment companies and/or trusts subject to additional disclosures</li> <li>Recognize that the income tax treatment of foreign retirement accounts differs significantly from the treatment of "qualified" accounts held in the U.S.</li> <li>Properly complete forms mandated under the FATCA reporting regime </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>2020-04-07T05:00:00Z2021-12-30T06:00:00ZFederal Tax Law Topic2020-04-07T05:00:00ZODW2040Intermediate2Federal Tax Law Topic0N/A2020-04-07T05:00:00ZQAS Self StudyPremium: $0 | Professional: $63 | Basic: $80 | Nonmembers: $842Federal Tax Law Topic22TaxesKnowledge or experience with individual taxationMonica Haven, EA, JDFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPon-demand webinar2020September2021-12-30T06:00:00Z100 minutesyesnoyesno
On-Demand WebinarLeaving It All Behind: The Expatriation Tax On-Demand Webinar<h3>Summary</h3> <p>Some U.S. taxpayers are leaving the U.S. to live abroad for a number of reasons and start a new life elsewhere. When they leave, they may be subject to the expatriation tax, which applies to U.S. citizens who renounced their citizenship and are no longer U.S. residents for federal tax purposes. There are different rules to apply, depending on the date of expatriation. This course will help practitioners determine who is subject to the exit tax, how it is computed, and when it must be reported.</p> <p>This course is included in our Foreign Tax Day event. Receive a discount when you purchase the <a href="https://www.natptax.com/EventsAndEducation/eEducation/packages/Pages/Foreign-Tax-Day.aspx">session bundle</a>.</p><iframe src="https://fast.wistia.net/embed/iframe/cjhgx00gjv" title="Introduction Video" allow="autoplay; fullscreen" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" allowfullscreen 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 who is subject to the exit tax</li> <li>Compute and report the tax</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>2020-04-07T05:00:00Z2021-12-30T06:00:00ZFederal Tax Law Topic2020-04-07T05:00:00ZODW2041Intermediate2Federal Tax Law Topic0N/A2020-04-07T05:00:00ZQAS Self StudyPremium: $0 | Professional: $32 | Basic: $40 | Nonmember: $422Federal Tax Law Topic22TaxesKnowledge or experience with individual taxationMonica Haven, EA, JDFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPon-demand webinar2020September2021-12-30T06:00:00Z100 minutesyesnoyesno
On-Demand WebinarU.S. Tax Issues for Immigrants & Aliens On-Demand Webinar<h3>Summary</h3> <p>When individuals arrive in the U.S. and begin to look for work, they are confronted by an abundance of unique tax issues. This course will provide the practitioner with the tools necessary to serve an expanding clientele. Topics will include the determination of residency for federal tax purposes, elections to be treated as resident aliens, dual-status issues, tax treatment of income and expenses for non-resident aliens, tax credits, administrative issues and departure filing requirements.</p> <p>This course is included in our Foreign Tax Day event. Receive a discount when you purchase the <a href="https://www.natptax.com/EventsAndEducation/eEducation/packages/Pages/Foreign-Tax-Day.aspx">session bundle</a>.</p><iframe src="https://fast.wistia.net/embed/iframe/hngk1qbqca" title="Marriage Election Video" allow="autoplay; fullscreen" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" allowfullscreen 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 residency under the green card and substantial presence tests</li> <li>Recognize and correctly report effectively connected income</li> <li>Determine a nonresident alien's U.S. filing requirements</li> <li>Make appropriate entries on Form 1040-NR</li> <li>Address issues specific to the NRA, including community property reporting, estate and gift tax rules, and state non-conformity</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>2020-04-07T05:00:00Z2021-12-30T06:00:00ZFederal Tax Law Topic2020-04-07T05:00:00ZODW2042Intermediate2Federal Tax Law Topic0N/A2020-04-07T05:00:00ZQAS Self StudyPremium: $0 | Professional: $63 | Basic: $80 | Nonmembers: $842Federal Tax Law Topic22TaxesKnowledge or experience with individual taxationMonica Haven, EA, JDFederal Tax Law Topic2 CPE for AFSP, EA, CPA, CRTPon-demand webinar2020September2021-12-30T06:00:00Z100 minutesyesnoyesno
On-Demand WebinarRetirement Plans and the CARES Act On-Demand Webinar<h3>Summary</h3> <p>The CARES Act offers taxpayers impacted by the COVID-19 a variety of financial relief mechanisms, including provisions for retirement accounts. Taxpayers can take up to $100,000 penalty free from qualified retirement accounts, defer taxes on those distributions, skip required minimum distributions (RMDs) for 2020, as well as take out higher loan amounts from their 401(k). After this quick 15-minute webinar, you'll be prepared to help clients determine their best retirement plan tax options during this unprecedented time.</p> <h3>Course Details</h3> <p>This on-demand webinar includes a video recording and presentation slides.</p>2020-04-08T05:00:00Z2020-12-31T06:00:00ZNone2020-04-08T05:00:00ZODW2044Overview0N/A0N/A2020-04-08T05:00:00ZQAS Self Study0N/A00N/ANoneSheri Fronsee, CPAN/A0 CPEon-demand webinar2020April2021-12-31T06:00:00Z15 Minutes0000nonoyesno<p></p>

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