Webcast
Update
CPE Credits
2 Credits: Taxes
Course Description
This overview of the Further Consolidated Appropriations Act, 2020 (HR 1865) covers both Extenders AND provisions of The SECURE Act. Enacted on Dec. 20, 2019, this was must-pass legislation, or the government would have shut down on Dec. 21st. Tacked onto the critical appropriation bill were many year-end tax changes — some retroactive. Included in the new law are pension and IRA reform provisions, extenders, disaster relief, and the repeal of a few ACA taxes.
Since the Further Consolidated Appropriations Act retroactively changed 16+ tax breaks that had expired in 2017, amended returns for 2018 are required!
Also included in this analysis is a summary of 23 major provisions of the Setting Every Community Up for Retirement Enhancement (The SECURE Act), the First Pension and IRA Overhaul since the 2006 Pension Protection Act.
You Will Leave with No Questions Unanswered!
Learning Objectives
· Introduction – The Further Consolidated Appropriations Act, 2020 (HR 1865)
· Individual Provisions
o Kiddie Tax
o Medical Expense Deduction AGI Limit
o 529 Plans
o Qualified Tuition and Related Expenses
o Treatment of Mortgage Insurance Premiums (MIPs)
· Individual Disaster Relief Provisions
o Temporary Increase in Limitation on Qualified Contributions for Disaster-related Relief
o Special Rules for Qualified Personal Casualty Loses
o Special Rules for Determining Earned Income for Refundable Child Tax Credit and Earned Income Credit Purposes
o Automatic Extension of Filing Deadlines in Case of Individual Taxpayers Affected by Federally Declared Disasters
· IRA and Retirement Funds – 16 Provisions
· IRA and Retirement Funds – Disaster Relief – Two Provisions
· Real Estate
o Exclusion for Cancellation of Acquisition Indebtedness on Qualified Principle Residence Indebtedness expiration
o Nonbusiness Energy Property Tax Credits Retroactive Extension
· Business – 12 Provisions
· Business – Disaster Relief – Three Provisions
o Temporary Increase in Limitation on Qualified Contributions for Disaster-Related Relief
o Employee Retention Business Credit for Employers Affected by Qualified Disasters
o Automatic Extension of Filing Deadlines in Case of Business Taxpayers Affected by Federally Declared Disasters
· Payroll Provision
o Employer Credit for Paid Family and Medical Leave Extension
· C Corporation Provisions
o Temporary Increase in Limitation on Qualified Contributions for Disaster-Related Relief
o Repeal of Increase in Unrelated Business Taxable Income (UBIT) for Certain Fringe Benefit Expenses Paid by Exempt Organization
· IRS Practice and Procedures Provision
o Increase in Penalty for Failure to File
Course Specifics
|
Course ID WC18206736 |
Revision Date January 19, 2020 |
Prerequisites None |
Advanced Preparation None |
Compliance information
NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-U-02251-22-O
IRS Federal Tax Update Credits: 2
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-U-02251-22-O
IRS Federal Tax Update Credits: 2
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1376
CTEC Federal Tax Update Credits: 2
CTEC Course Number: 2071-CE-1376
CTEC Federal Tax Update Credits: 2
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
Vern Hoven, CPA, MT, is one of America’s premier tax presenters and speaks to over 100 groups a year on a variety of tax topics. He teaches at Western CPE Federal Tax Update seminars and conferences and produces self-study and webcasts courses as well. Vern consistently receives outstanding evaluations and has won numerous teaching awards, including the prestigious AICPA 2014 Sidney Kess Award for Excellence in Continuing Education. Vern is the author of the best-selling Real Estate Investor’s Tax Guide and a favorite interviewee on radio, television, and in newspapers. His presentation skills have earned him the coveted Certified Speaking …
Sharon Kreider, CPA, has helped more than 15,000 California tax preparers annually get ready for tax season. She also presents regularly for the AICPA, the California Society of Enrolled Agents, CCH Audio, and Western CPE. You’ll benefit from the detailed, hands-on tax knowledge Sharon will share with you—knowledge she gained through her extremely busy, high-income tax practice in Silicon Valley. With her dynamic presentation style, Sharon will demystify complex individual and business tax legislation. She’s a national lecturer for business and professional groups and consistently receives outstanding evaluations. In 2014, she was awarded the prestigious AICPA 2014 Sidney Kess Award …
Further Consolidated Appropriations Act - Extenders and SECURE Act Provisions, Enacted on 12/20/2019
CPE CREDITS
2 Credits: Taxes
$158.00
Webcasts are available for viewing Monday - Saturday, 8am - 8pm ET.
This webcast is 2 hours in length so you must start it before 06:00 pm ET.
Start within 10 hour(s) and 14 minutes to watch today.
Webcast
Update
CPE Credits
2 Credits: Taxes
Course Description
This overview of the Further Consolidated Appropriations Act, 2020 (HR 1865) covers both Extenders AND provisions of The SECURE Act. Enacted on Dec. 20, 2019, this was must-pass legislation, or the government would have shut down on Dec. 21st. Tacked onto the critical appropriation bill were many year-end tax changes — some retroactive. Included in the new law are pension and IRA reform provisions, extenders, disaster relief, and the repeal of a few ACA taxes.
Since the Further Consolidated Appropriations Act retroactively changed 16+ tax breaks that had expired in 2017, amended returns for 2018 are required!
Also included in this analysis is a summary of 23 major provisions of the Setting Every Community Up for Retirement Enhancement (The SECURE Act), the First Pension and IRA Overhaul since the 2006 Pension Protection Act.
You Will Leave with No Questions Unanswered!
Learning Objectives
· Introduction – The Further Consolidated Appropriations Act, 2020 (HR 1865)
· Individual Provisions
o Kiddie Tax
o Medical Expense Deduction AGI Limit
o 529 Plans
o Qualified Tuition and Related Expenses
o Treatment of Mortgage Insurance Premiums (MIPs)
· Individual Disaster Relief Provisions
o Temporary Increase in Limitation on Qualified Contributions for Disaster-related Relief
o Special Rules for Qualified Personal Casualty Loses
o Special Rules for Determining Earned Income for Refundable Child Tax Credit and Earned Income Credit Purposes
o Automatic Extension of Filing Deadlines in Case of Individual Taxpayers Affected by Federally Declared Disasters
· IRA and Retirement Funds – 16 Provisions
· IRA and Retirement Funds – Disaster Relief – Two Provisions
· Real Estate
o Exclusion for Cancellation of Acquisition Indebtedness on Qualified Principle Residence Indebtedness expiration
o Nonbusiness Energy Property Tax Credits Retroactive Extension
· Business – 12 Provisions
· Business – Disaster Relief – Three Provisions
o Temporary Increase in Limitation on Qualified Contributions for Disaster-Related Relief
o Employee Retention Business Credit for Employers Affected by Qualified Disasters
o Automatic Extension of Filing Deadlines in Case of Business Taxpayers Affected by Federally Declared Disasters
· Payroll Provision
o Employer Credit for Paid Family and Medical Leave Extension
· C Corporation Provisions
o Temporary Increase in Limitation on Qualified Contributions for Disaster-Related Relief
o Repeal of Increase in Unrelated Business Taxable Income (UBIT) for Certain Fringe Benefit Expenses Paid by Exempt Organization
· IRS Practice and Procedures Provision
o Increase in Penalty for Failure to File
Course Specifics
|
Course ID WC18206736 |
Revision Date January 19, 2020 |
Prerequisites None |
Advanced Preparation None |
Compliance information
NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-U-02251-22-O
IRS Federal Tax Update Credits: 2
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-U-02251-22-O
IRS Federal Tax Update Credits: 2
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1376
CTEC Federal Tax Update Credits: 2
CTEC Course Number: 2071-CE-1376
CTEC Federal Tax Update Credits: 2
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
Vern Hoven, CPA, MT, is one of America’s premier tax presenters and speaks to over 100 groups a year on a variety of tax topics. He teaches at Western CPE Federal Tax Update seminars and conferences and produces self-study and webcasts courses as well. Vern consistently receives outstanding evaluations and has won numerous teaching awards, including the prestigious AICPA 2014 Sidney Kess Award for Excellence in Continuing Education. Vern is the author of the best-selling Real Estate Investor’s Tax Guide and a favorite interviewee on radio, television, and in newspapers. His presentation skills have earned him the coveted Certified Speaking …
Sharon Kreider, CPA, has helped more than 15,000 California tax preparers annually get ready for tax season. She also presents regularly for the AICPA, the California Society of Enrolled Agents, CCH Audio, and Western CPE. You’ll benefit from the detailed, hands-on tax knowledge Sharon will share with you—knowledge she gained through her extremely busy, high-income tax practice in Silicon Valley. With her dynamic presentation style, Sharon will demystify complex individual and business tax legislation. She’s a national lecturer for business and professional groups and consistently receives outstanding evaluations. In 2014, she was awarded the prestigious AICPA 2014 Sidney Kess Award …
Further Consolidated Appropriations Act - Extenders and SECURE Act Provisions, Enacted on 12/20/2019
CPE CREDITS
2 Credits: Taxes
Webcasts are available for viewing Monday - Saturday, 8am - 8pm ET.
This webcast is 2 hours in length so you must start it before 06:00 pm ET.
Start within 10 hour(s) and 14 minutes to watch today.
$158.00