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Session details
- Instructor
- Norma Collins
- Duration
- 100 minutes
- Prerequisite
- General understanding of federal tax law
- Advanced preparation
- None
- Delivery method
- Group Live
- Instructor
- Brett Rosser and Gary Brown
- Duration
- 100 minutes
- Prerequisite
- General understanding of federal tax law
- Advanced preparation
- None
- Delivery method
- Group Live
- Instructor
- Larry Gray, CPA
- Duration
- 50 minutes
- Prerequisite
- General understanding of federal tax law
- Advanced preparation
- None
- Delivery method
- Group Live
- Instructor
- Larry Gray, CPA
- Duration
- 100 minutes
- Prerequisite
- General understanding of federal tax law
- Advanced preparation
- None
- Delivery method
- Group Live
- Instructor
- Larry Gray, CPA
- Duration
- 50 minutes
- Prerequisite
- General understanding of federal tax law
- Advanced preparation
- None
- Delivery method
- Group Live
- Instructor
- Larry Gray, CPA
- Duration
- 50 minutes
- Prerequisite
- General understanding of federal tax law
- Advanced preparation
- None
- Delivery method
- Group Live
- Instructor
- Larry Gray, CPA
- Duration
- 50 minutes
- Prerequisite
- General understanding of federal tax law
- Advanced preparation
- None
- Delivery method
- Group Live
- Instructor
- Larry Gray, CPA
- Duration
- 50 minutes
- Prerequisite
- General understanding of federal tax law
- Advanced preparation
- None
- Delivery method
- Group Live
- Instructor
- Larry Gray, CPA
- Duration
- 100 minutes
- Prerequisite
- General understanding of practice management
- Advanced preparation
- None
- Delivery method
- Group Live
- Instructor
- Larry Gray, CPA
- Duration
- 100 minutes
- Prerequisite
- General understanding of federal tax law
- Advanced preparation
- None
- Delivery method
- Group Live
- Instructor
- Larry Gray, CPA
- Duration
- 100 minutes
- Prerequisite
- General understanding of federal tax law
- Advanced preparation
- None
- Delivery method
- Group Live
- Instructor
- Larry Gray, CPA
- Duration
- 50 minutes
- Prerequisite
- General understanding of practice management
- Advanced preparation
- None
- Delivery method
- Group Live
Description
Under the new tax law, there are New Credits and some that are expiring. Some of those credits are Senior Credit, Energy Credit, Premium Tax Credit, and many more. Some are still being adjusted by congress. Also included will be the Clean vehicle credit The New Law changes the credit from "New Qualified Plug In Electric Drive Motor Vehicle Credit" to "Clean Vehicle Credit" Examples will be given on each credit.
Objectives
Upon completion of this course, you will be able to prepare practitioners to navigate recent changes to federal credits by reviewing updated eligibility rules, phaseouts, and congressional adjustments, with real‑world examples covering senior, energy, premium tax, and clean‑vehicle credits.
Details
CPE
| Governing body: IRS | CPE credits: 2 | Designation: AFSP | Field of study: Federal Tax Law Topic |
| Governing body: IRS | CPE credits: 2 | Designation: EA | Field of study: Federal Tax Law Topic |
Description
The changes at the IRS are changing the way the IRS performs an audit. This session will address items you always wanted to know but had no one to ask. It will cover the types of notices and letters taxpayers receive, the most common issues examined, as well as potential options to resolve the audit including offers in compromise, installment agreements, and others.
Objectives
Upon completion of this course, you will be able to prepare practitioners to navigate modern IRS audit practices by identifying key notices, understanding frequently examined issues, and applying effective resolution tools—including OICs, installment agreements, and additional taxpayer‑relief options.
Details
CPE
| Governing body: IRS | CPE credits: 2 | Designation: AFSP | Field of study: Federal Tax Law Topic |
| Governing body: IRS | CPE credits: 2 | Designation: EA | Field of study: Federal Tax Law Topic |
Description
When a person passes away, their assets can be titled in various ways, which affects how those assets are transferred and how income tax is reported. The process involves several steps and considerations. Attend this session to learn the steps through real life examples to correctly report the income on the right tax return. If you have one client pass away this filing season, this session is a must attend.
Objectives
Upon completion of this course, you will be able to equip tax professionals to correctly identify how a decedent’s assets are titled and accurately determine which tax return must report post‑death income through practical, real‑life examples.
Details
CPE
| Governing body: IRS | CPE credits: 1 | Designation: AFSP | Field of study: Federal Tax Law Topic |
| Governing body: IRS | CPE credits: 1 | Designation: EA | Field of study: Federal Tax Law Topic |
Description
What is a passive activity? What is the difference in a passive activity vs a trade or business or investment? What are the loss limitations for all three? What are the exceptions to a passive activity loss? What is the special allowance for a rental real estate activity, i.e. the $25K rule? How do you handle passive activity loss carryovers offsetting future income and disposal of the passive activity. We will use a flowchart to determine all these decisions. You will be able to take this flowchart back to your office to better explain to you clients, do tax planning, and to check your returns to assure they are correct.
Objectives
Upon completion of this course, you will be able to equip tax professionals to accurately distinguish passive activities from trades or businesses and investments, apply the correct loss‑limitation rules, and use a structured flowchart to make confident reporting and planning decisions.
Details
CPE
| Governing body: IRS | CPE credits: 2 | Designation: AFSP | Field of study: Federal Tax Law Topic |
| Governing body: IRS | CPE credits: 2 | Designation: EA | Field of study: Federal Tax Law Topic |
Description
The Qualified Business Income (QBI) deduction under the One Big Beautiful Bill Act (OBBBA) of 2025 has undergone significant changes. Key updates include increasing the phase-out thresholds for specified service trades or businesses, a new minimum deduction, and enhanced benefits for small businesses. This session will be looking at a QBI flowchart as a way to double check your tax return to assure that your QBI is correct.
Objectives
Upon completion of this course, you will be able to prepare practitioners to confidently review and validate QBI computations to catch errors, confirm eligibility, and improve return accuracy.
Details
CPE
| Governing body: IRS | CPE credits: 1 | Designation: AFSP | Field of study: Federal Tax Law Update |
| Governing body: IRS | CPE credits: 1 | Designation: EA | Field of study: Federal Tax Law Update |
Description
Basis of the S Corp is tracked on the investor's return, generally the 1040. From the creation of the S Corp (birth), operating of the S Corp (life), and transferring of ownership (adoption) basis constantly changes. This session will look at tracking basis of debt and equity from day-to-day events, business decisions, and even events outside of the S Corp. Using a simple measuring cup to better understand any basis scenario, you can take this session back to your office to more easily explain basis to your clients.
Objectives
Upon completion of this course, you will be able to equip tax professionals to accurately track S corporation shareholder basis—both debt and equity—through formation, daily operations, and ownership changes, using a simple visual model to clarify basis adjustments and improve client explanations.
Details
CPE
| Governing body: IRS | CPE credits: 1 | Designation: AFSP | Field of study: Federal Tax Law Topic |
| Governing body: IRS | CPE credits: 1 | Designation: EA | Field of study: Federal Tax Law Topic |
Description
Basis of the Partnership is tracked on the investor's return, generally the 1040. From the creation of the Partnership (birth), operating of the Partnership (life), and transferring of ownership (adoption) basis constantly changes. This session will look at tracking basis of debt and equity from day-to-day events, business decisions, and even events outside of the Partnership. Using a simple measuring cup to better understand any basis scenario, you can take this session back to your office to more easily explain basis to your clients.
Objectives
Upon completion of this course, you will be able to prepare practitioners to confidently compute and monitor partnership basis across real‑world transactions and special events, using an intuitive measuring‑cup framework to simplify explanations for clients and improve return accuracy.
Details
CPE
| Governing body: IRS | CPE credits: 1 | Designation: AFSP | Field of study: Federal Tax Law Topic |
| Governing body: IRS | CPE credits: 1 | Designation: EA | Field of study: Federal Tax Law Topic |
Description
IRS Form 4797 is used to report gains or losses from the sale, exchange, or involuntary conversion of business property, as well as the recapture of depreciation. It applies to transactions involving real estate, machinery, and other depreciable assets used in a trade or business. The form also addresses gains from the disposition of certain depreciable property under IRC § 1245 and § 1250. In this session we will learn the significance of Sections 1231, 1245, and 1250. This class session will also focus on the treatment of capital gain vs. ordinary income upon the disposition of business assets.
Objectives
Upon completion of this course, you will be able to prepare practitioners to confidently apply the rules of §§1231, 1245, and 1250 to real‑world asset dispositions, ensuring proper characterization of gains and losses and accurate reporting on Form 4797.
Details
CPE
| Governing body: IRS | CPE credits: 1 | Designation: AFSP | Field of study: Federal Tax Law Topic |
| Governing body: IRS | CPE credits: 1 | Designation: EA | Field of study: Federal Tax Law Topic |
Description
We will be doing a 2-part session. In Part 1 we will be reviewing the new regulations under Circular 230. What is preparation vs. practice before the IRS? When does Circular 230 apply to a tax preparer and to a tax office? With the elimination of RTRP, it is a whole new world. In Part 2 we will be looking at a basic Written Information Security Plan and the requirements of the employer and the employee, and best practices of a firm.
Objectives
Upon completion of this course, you will be able to prepare practitioners to navigate the new Circular 230 rules, identify when they apply to preparers and firms, and establish a foundational Written Information Security Plan to meet ethical, legal, and data‑security requirements.
Details
CPE
| Governing body: IRS | CPE credits: 2 | Designation: AFSP | Field of study: Ethics |
| Governing body: IRS | CPE credits: 2 | Designation: EA | Field of study: Ethics |
Description
The One Big Beautiful Bill Act (OBBBA) introduces several updates for small businesses. This session will address the tax implications of capitalization versus repair expenses, entity selection, and self-employment tax issues for optimizing tax outcomes. Proper planning and adherence to IRS guidelines can help minimize tax liabilities and ensure compliance. It will also address Section 179 expensing, bonus depreciation as well as modifications on treatment of small business stock.
Objectives
Upon completion of this course, you will be able to equip tax professionals to understand the latest small‑business tax updates, including capitalization vs. repair rules, entity selection considerations, and current self‑employment tax issues affecting business owners.
Details
CPE
| Governing body: IRS | CPE credits: 2 | Designation: AFSP | Field of study: Federal Tax Law Update |
| Governing body: IRS | CPE credits: 2 | Designation: EA | Field of study: Federal Tax Law Update |
Description
The One Big Beautiful Bill Act (OBBBA) introduces several individual tax updates for 2025, including new deductions for qualified tips, overtime compensation, and car loan interest. These deductions are available to both itemizing and non-itemizing taxpayers, with phase-out thresholds based on modified adjusted gross income. Enhanced standard deductions and child tax credits are also included. This session also looks at an overview of installment sales, like-kind-exchanges, and capital gains, crypto currency, and the senior deduction.
Objectives
Upon completion of this course, you will be able to equip tax professionals to understand recent individual‑tax developments and accurately apply rules for installment sales, like‑kind exchanges, capital gains, cryptocurrency, senior deductions, tips, and overtime reporting.
Details
CPE
| Governing body: IRS | CPE credits: 2 | Designation: AFSP | Field of study: Federal Tax Law Update |
| Governing body: IRS | CPE credits: 2 | Designation: EA | Field of study: Federal Tax Law Update |
Description
Since we will have one full filing season and three quarters of a second year of the new law completed, we should have a lot more insight on filing, examination and collections. We will also look at on-line accounts including taxpayer accounts, tax pro accounts, and business accounts along with new ai applications used by the IRS.
Objectives
Upon completion of this course, you will be able to equip tax professionals to understand the latest IRS developments in filing, examination, and collections, and to effectively navigate taxpayer, tax‑pro, and business online accounts.
Details
CPE
| Governing body: IRS | CPE credits: 1 | Designation: AFSP | Field of study: Federal Tax Law Update |
| Governing body: IRS | CPE credits: 1 | Designation: EA | Field of study: Federal Tax Law Update |
CPE sponsor disclosure
The CPE associated with this education is provided by the Texas NATP Chapter and is independent of national NATP sponsorship.
IRS sponsor number: B4Z0H
See our CPE sponsor page for more information on reporting.