Update
CPE Credits
6 Credits: Taxes
Course Description
Combining the real-life experience of a practicing CPA with essential down-to-earth tax materials in a high-tech format, this powerful presentation will enable participants to grasp recent individual tax changes. You’ll receive the most complete and up-to-date reference manual, written by renowned tax experts. The digital PDF manual is hyperlinked to the Internal Revenue Code, tax court decisions, and other primary authorities, making it an extremely convenient resource. Join us as our world-class tax instructors share cutting-edge tax planning strategies in a high energy, often humorous presentation style using real-life experiences, which make complicated tax topics easily understandable. Specific course topics will be announced and updated through year-end.
Highlights include:
- Latest federal tax reform developments
- New proposed/enacted tax legislation
- Tax savings strategies
- Cannabis Sales Taxed
- Business Interest Deductions Limited
- Business (Restaurant) Meals 100% Deducible
- Depreciation Changes and Luxury Auto Depreciation Updated
- QBI Deduction Stays the Same
- Avoid Obamacare Form 226-J Penalties
Learning Objectives
Upon successful completion of this course, participants will be able to:
- Convey details of updated IRS changes
- Recognize opportunities to use business credits.
- Summarize the different types of business retirement plans, assessing contribution limits, elective deferral limitations, and prohibited transactions.
- Compare qualified Roth contribution plans, SEPs, SIMPLE IRAs, and 401(k) plans, identifying the rules on loans to participants and hardship distribution rules to ensure compliance with tax regulations.
- Discuss income subject to self-employment tax and withholding from wages, and assess the impact of various withholding and wages issues.
- Determine the difference between an independent contractor and an employee and examine subsequent reporting requirements.
- Prepare federal tax returns for C corporations.
- Prepare federal tax returns for S corporations.
- Understand federal changes and new rulings.
- Provide tax services for clients based on IRS practice and procedure provisions.
- Describe new developments in IRS policies and procedures.
- Identify the requirements of filing an offer in compromise (OIC).
Course Specifics
|
Course ID 22CLasVegasOct-LE22C278065 |
Prerequisites Experience preparing business tax returns. |
Advanced Preparation None |
Compliance information
NASBA Provider Number: 103220
CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registeration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board.
Course Instructor
Karen Brosi, CFP, EA, has an extensive California tax practice, advising clients in individual tax and family wealth planning, specializing in complex individual income tax matters and all types of securities transactions. Her background as a CFP and as a tax preparer for the wealthy makes her particularly effective in the tax and financial planning arenas. Karen teaches tax professionals how to avoid tax minefields with her extensive planning checklists and practical tips. Besides being one of the most prominent California tax update instructors, she’s a favorite interviewee on radio, television, and in print media, such as Bloomberg Businessweek. Karen’s powerful real-life …
2022 Business Tax Update
$856.00
Availability: 24 in stock
Update
CPE Credits
6 Credits: Taxes
Course Description
Combining the real-life experience of a practicing CPA with essential down-to-earth tax materials in a high-tech format, this powerful presentation will enable participants to grasp recent individual tax changes. You’ll receive the most complete and up-to-date reference manual, written by renowned tax experts. The digital PDF manual is hyperlinked to the Internal Revenue Code, tax court decisions, and other primary authorities, making it an extremely convenient resource. Join us as our world-class tax instructors share cutting-edge tax planning strategies in a high energy, often humorous presentation style using real-life experiences, which make complicated tax topics easily understandable. Specific course topics will be announced and updated through year-end.
Highlights include:
- Latest federal tax reform developments
- New proposed/enacted tax legislation
- Tax savings strategies
- Cannabis Sales Taxed
- Business Interest Deductions Limited
- Business (Restaurant) Meals 100% Deducible
- Depreciation Changes and Luxury Auto Depreciation Updated
- QBI Deduction Stays the Same
- Avoid Obamacare Form 226-J Penalties
Learning Objectives
Upon successful completion of this course, participants will be able to:
- Convey details of updated IRS changes
- Recognize opportunities to use business credits.
- Summarize the different types of business retirement plans, assessing contribution limits, elective deferral limitations, and prohibited transactions.
- Compare qualified Roth contribution plans, SEPs, SIMPLE IRAs, and 401(k) plans, identifying the rules on loans to participants and hardship distribution rules to ensure compliance with tax regulations.
- Discuss income subject to self-employment tax and withholding from wages, and assess the impact of various withholding and wages issues.
- Determine the difference between an independent contractor and an employee and examine subsequent reporting requirements.
- Prepare federal tax returns for C corporations.
- Prepare federal tax returns for S corporations.
- Understand federal changes and new rulings.
- Provide tax services for clients based on IRS practice and procedure provisions.
- Describe new developments in IRS policies and procedures.
- Identify the requirements of filing an offer in compromise (OIC).
Course Specifics
|
Course ID 22CLasVegasOct-LE22C278065 |
Prerequisites Experience preparing business tax returns. |
Advanced Preparation None |
Compliance information
NASBA Provider Number: 103220
CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registeration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board.
Course Instructor
Karen Brosi, CFP, EA, has an extensive California tax practice, advising clients in individual tax and family wealth planning, specializing in complex individual income tax matters and all types of securities transactions. Her background as a CFP and as a tax preparer for the wealthy makes her particularly effective in the tax and financial planning arenas. Karen teaches tax professionals how to avoid tax minefields with her extensive planning checklists and practical tips. Besides being one of the most prominent California tax update instructors, she’s a favorite interviewee on radio, television, and in print media, such as Bloomberg Businessweek. Karen’s powerful real-life …