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MCM CPAs & Advisors - 2022 Federal Tax Update

Icon_Level
Credits
CPE Credits
8 Credits: Taxes

Course Description

Learning Objectives

  • Identify requirements for various tax credits applicable to individual taxpayers and characteristics of new legislation passed to assist businesses.
  • Cite general rules and regulations for preparation of individual and business returns such as C corporations and S corporations.
  • 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.
  • 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.

Course Specifics

Course ID
LIVE-MCMCPA-2022-04
Prerequisites

None

Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-U-02277-22-I
IRS Federal Tax Update Credits: 8
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1858
CTEC Federal Tax Update Credits: 8

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

No Instructor Selected

MCM CPAs & Advisors - 2022 Federal Tax Update

Expert Instructors
CPE CREDITS
8 Credits: Taxes

$499.00

Icon_Level
Credits
CPE Credits
8 Credits: Taxes

Course Description

Learning Objectives

  • Identify requirements for various tax credits applicable to individual taxpayers and characteristics of new legislation passed to assist businesses.
  • Cite general rules and regulations for preparation of individual and business returns such as C corporations and S corporations.
  • 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.
  • 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.

Course Specifics

Course ID
LIVE-MCMCPA-2022-04
Prerequisites

None

Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-U-02277-22-I
IRS Federal Tax Update Credits: 8
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1858
CTEC Federal Tax Update Credits: 8

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

No Instructor Selected

MCM CPAs & Advisors - 2022 Federal Tax Update

Expert Instructors
CPE CREDITS
8 Credits: Taxes

$499.00