Webcast
Taxes
Taxes
Sharon Kreider, CPA
22FTUIndividual-WC

• Identify requirements for various tax credits applicable to individual taxpayers.
• Cite general rules and regulations for preparation of individual returns.
• Identify characteristics of new legislation by being able to cite the timing and impact of key provisions within legislation including: The Consolidated Appropriations Act of 2021 (which includes COVID-Related Tax Relief Act of 2020, Economic Aid to Hard-Hit Small Business, Nonprofits, and Venues Act of 2020, and Taxpayer Certainty and Disaster Tax Relief Act of 2020), Build Back Better Act, American Rescue Plan Act of 2021, The Cares Act, SECURE Act, TCJA and other issuances.
• Cite current thresholds and phase-outs for key provisions for 2022; limitations for contributions, distributions, and conversions; as well as requirements for real estate rentals for both small investors and real estate professionals.
• Identify key rules and regulations for IRAs, Roths, and qualified retirement plans; requirements and thresholds related to foreign financial asset reporting; tax issues for online rentals, vacation rentals, and like-kind exchanges; as well as capital loss v. ordinary loss on sale of property.

• Understand RMD regulations
• Identify expiring ARPA benefits
• Understand the tax implications of forgiven student loans
• Distinguish between Schedules K-2 and K-3
• Prepare for 1099-Ks
• Identify Foreign Tax Credit considerations
• Understand Donor Advised Funds and learn about laws related to Residency and Domicile

Webcast
Taxes
Taxes
Sharon Kreider, CPA
22FTUBusiness-WC

• Cite general rules and regulations for preparation of business returns such as C corporations and S corporations.
• Cite current thresholds and phase-outs for key provisions for 2022; limitations for contributions, distributions, and conversions; as well as benefits and drawbacks of Family Limited Partnerships (FLPs) and Limited Liability Companies (LLCs).
• Describe new developments in IRS policies and procedures.
• Identify characteristics of new legislation by being able to cite the timing and impact of key provisions within legislation including: The Consolidated Appropriations Act of 2021 (which includes COVID-Related Tax Relief Act of 2020, Economic Aid to Hard-Hit Small Business, Nonprofits, and Venues Act of 2020, and Taxpayer Certainty and Disaster Tax Relief Act of 2020), Build Back Better Act, American Rescue Plan Act of 2021, The Cares Act, SECURE Act, TCJA and other issuances.
• Identify requirements for various tax credits applicable to individual taxpayers and characteristics of new legislation passed to assist businesses.

• Understand RMD regulations
• Identify expiring ARPA benefits
• Understand the tax implications of forgiven student loans
• Distinguish between Schedules K-2 and K-3
• Prepare for 1099-Ks
• Make sense of the Corporate Transparency Act reporting requirements and penalties
• Make sure your clients claim Employee Retention Credits
• Identify Foreign Tax Credit considerations
• Prepare for Form 7203, S Corp Shareholder Stock, Debt Basis Limitations
• Understand Donor Advised Funds and learn about laws related to Residency and Domicile

Webcast
Taxes

Sharon Kreider, CPA
Karen Brosi, CFP, EA
22CalTaxUpdate-WC
Upon successful completion of this course, participants will be able to:

• Identify requirements for various tax credits applicable to individual taxpayers and characteristics of new legislation passed to assist businesses. Help your clients avoid California Tax problems with FTB and be able to explain why more businesses will owe California taxes.
• Identify characteristics of new legislation, and which pertain to California, by being able to cite the timing and impact of key provisions within legislation including: The Consolidated Appropriations Act of 2021 (which includes COVID-Related Tax Relief Act of 2020, Economic Aid to Hard-Hit Small Business, Nonprofits, and Venues Act of 2020, and Taxpayer Certainty and Disaster Tax Relief Act of 2020), Build Back Better Act, American Rescue Plan Act of 2021, The Cares Act, SECURE Act, TCJA and other issuances.
• Cite general rules and regulations for preparation of individual, business returns, and breeze through California Tax Basis work for LLCs and partnerships.
• Cite current thresholds and phase-outs for key provisions for 2022; limitations for contributions, distributions, and conversions; requirements for real estate rentals for both small investors and real estate professionals; as well as benefits and drawbacks of Family Limited Partnerships (FLPs) and Limited Liability Companies (LLCs).
• Identify key rules and regulations for IRAs, Roths, and qualified retirement plans; requirements and thresholds related to foreign financial asset reporting; tax issues for online rentals, vacation rentals, and like-kind exchanges; as well as capital loss v. ordinary loss on sale of property.
• Describe new developments in IRS policies and procedures