CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS

Everybody's Critical Business Tax Issues in 2022

Icon_Level
Update
Credits
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
22COrlando-LE22C278046
Prerequisites

Experience preparing business tax returns.

Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-U-02012-22-I
IRS Federal Tax Update Credits: 6
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1748
CTEC Federal Tax Update Credits: 6

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

Mark Seid Headshot
Mark Seid, EA, CPA, USTCP

Mark Seid, EA, CPA has an active tax practice in Paso Robles, California specializing in small businesses and tax controversy. A National Tax Practice Institute graduate, Mark is admitted to practice before the U.S. Tax Court. He has served as an Internal Revenue Agent with the IRS in San Jose and San Luis Obispo, California, a state director for the California Society of Enrolled Agents, and the chair for the society’s Finance and Budget committee. He regularly presents courses to tax professionals on issues affecting small businesses.

Everybody's Critical Business Tax Issues in 2022

Expert Instructors
CPE CREDITS
6 Credits: Taxes

$856.00

Availability: 56 in stock

Icon_Level
Update
Credits
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
22COrlando-LE22C278046
Prerequisites

Experience preparing business tax returns.

Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-U-02012-22-I
IRS Federal Tax Update Credits: 6
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1748
CTEC Federal Tax Update Credits: 6

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

Mark Seid Headshot
Mark Seid, EA, CPA, USTCP

Mark Seid, EA, CPA has an active tax practice in Paso Robles, California specializing in small businesses and tax controversy. A National Tax Practice Institute graduate, Mark is admitted to practice before the U.S. Tax Court. He has served as an Internal Revenue Agent with the IRS in San Jose and San Luis Obispo, California, a state director for the California Society of Enrolled Agents, and the chair for the society’s Finance and Budget committee. He regularly presents courses to tax professionals on issues affecting small businesses.

Everybody's Critical Business Tax Issues in 2022

Expert Instructors
CPE CREDITS
6 Credits: Taxes

$856.00

Availability: 56 in stock