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There's a lot to know to be ready for the upcoming tax season. For instance, it's critical for tax preparers to understand how the SECURE Act impacted their clients’ retirement and estate plans, as well as the opportunities available for future years. There's also relief provided by the CARES Act that includes stimulus payment reconciliations, payroll credits and PPP loans.

Taught by a team of instructors using job aids and hands-on learning tools, this event provides detailed, in-depth information on the most recent legislation and IRS updates essential to prepare and guide tax professionals through a challenging tax season.

Please view the specific event date registration page for exact start and end times. We have two schedule configurations to choose from to meet your needs. The following is an example of what will be covered each day. Event topics subject to change.


Schedule overview


Day 1

200 minutes (4 CPE) with 10 minute break

Individual updates

  • Timing and impact of new key provisions in the CARES Act
  • Repayment and reconciliation of the economic stimulus payment
  • Above-the-line deduction for charitable contributions (including modifications and limitations)
  • Educational assistance break (suspension of all payments on federal student loan payments)
  • Expanded unemployment compensation and impacts on clients
  • Taxable child care benefits and flex accounts
  • HSA changes (and other pre-tax medical spending accounts)
  • Deferred payroll taxes
  • Revisions to the 2020 Form 1040 and other related schedules and forms
  • Inflation adjustments and expiring provisions
  • Extenders including the residential energy efficient property credit
  • Understand the latest on disaster relief (as time allows)
  • Review changes relating to Kiddie Tax and individual shared responsibility protection (as time allows)

90 minutes

Q&A discussion with instructors and break

150 minutes (3 CPE) with 10 minute break

Retirement updates from the SECURE Act and CARES Act

  • RMD changes, including contributions and distributions
  • Coronavirus-related relief available for retirement plans and IRAs
  • Inherited IRAs and new complications involving transfers to charities
  • Early retirement fund withdrawal options and 401(k) expanded loan options

Recent court cases regarding individual tax issues

30 minutes

Q&A discussion with instructors


Day 2

100 minutes (2 CPE)

Paycheck Protection Program and other loan options

  • PPP loan criteria and eligibility
  • Covered loan period
  • Allowable business expenses that can be paid with loan proceeds
  • PPP loan forgiveness
  • Other types of loans including EIDL and SBA

30 minutes

Q&A discussion with instructors and break

200 minutes (4 CPE) with 60 minute break after 100 minutes

Business updates

  • New charitable contribution deduction and increased limits for corporations
  • New employer payroll credits
  • Employer student loan contribution changes and new repayment benefit
  • CARES Act retroactive changes including interest deduction, NOLs and excess business losses
  • §179 and the bonus depreciation deduction
  • Technical correction for reporting qualified improvement property (QIP) depreciation
  • Filing Form 3115 for QIP
  • 2020 clarifications to the QBI deduction including Forms 8995 and 8995-A

30 minutes

Q&A discussion with instructors and break

50 minutes (1 CPE)

Changes to employee benefits plans

  • Employee benefit plan changes including the new Form 941 and W-2 reporting requirements accompanied by FMLA changes
  • Increased 401(k), 403(b) and 457(b) loan availability

Recent court cases regarding business tax return issues

20 minutes

Q&A discussion with instructors


Day 3

100 minutes (2 CPE)

Real estate issues, including foreclosures

  • Review of the federal foreclosure and eviction moratoriums
  • Learn to help clients with important real estate issues, including foreclosures, debt cancelation and insolvency
  • Understand Form 982, Reduction of Tax Attributes Due to Discharge of Indebtedness

30 minutes

Q&A discussion with instructors and break

100 minutes (2 CPE)

Breaking news and tax planning

  • Review the latest passed/proposed tax legislation and developments from Congress and any guidance issued by the IRS
  • Discuss tax planning and strategy implementation for individual and business taxpayers in the aftermath of COVID-19

20 minutes

Q&A discussion with instructors

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