CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS

All New and Current customers who purchase the Premium, Plus, or Core (Total Value Package) 2021 Federal Tax Update or the 2021 Federal and California Update will get the Tax Advisory Complement Bundle for free.

NOTE:

  • New Federal Tax Update customers will get an immediate email with a coupon code for the free course once their Tax Update purchase is complete.
  • Current Customers that purchased the Premium, Plus, or Core (Total Value Package) 2021 Federal Tax Update will get an email with a coupon code to get the Tax Advisory Complement Bundle for free.

Passive Losses - IRC Sec 469

Icon_Webcast
Webcast
Icon_Level
Basic
Credits
CPE Credits
2 Credits: Taxes

Course Description

Passive activity losses have been around since 1986. They came out with clarifications on the grouping election in 2010. There have been a series of court cases over the past decade that have come down and ruled against the taxpayer. We could all use a pencil sharpening on the subject. This course gets into real estate professional, material participation, and active participation. The course goes through all the rules and then provides a verbal flowchart of questions you should ask to get the maximum benefit to the client.  It will touch on some planning around the Medicare surtaxes, the net investment income tax, and what are some of the ways we can get the benefits there. Can we combine husband and wife together for real estate professional? Can we combine them together for material participation? Another helpful aspect of covering 469 is we can compare and contrast to the safe harbor rules under the revenue procedure with 199A.

Learning Objectives

Upon completing this course you will understand:

  • Nuts and bolts of IRC Sec 469
  • Verbal flowchart for maximum benefits
  • Planning around Medicare surtax and net investment income tax
  • Husband and wife combination for real estate and material participation
  • Compare and contrast to safe harbor rules under revenue procedure with 199A

Course Specifics

Course ID
WC1821257484
Original Release Date
October 13, 2021
Prerequisites

None

Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-01885-21-O
IRS Federal Tax Law Credits: 2
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1649
CTEC Federal Tax Law Credits: 2

Course Instructor

Robert “Chris” Province, CPA

Robert “Chris” Province, CPA, has over 20 years of experience in delivering, instructing, and designing training courses. In addition to his speaking, Chris is currently a self-employed CPA specializing in taxation of high net worth individuals and closely-held businesses with clients located in many states throughout the United States. Chris has also served as a tax partner and senior tax member for several local, regional, and national CPA firms. He was a member of the national AICPA S-Corporation Technical Resource Panel and the Qualifications Committee for the California Board of Accountancy. Chris is a licensed Certified Public Accountant in California, …

Robert “Chris” Province, CPA Read More »

Passive Losses - IRC Sec 469

CPE CREDITS
2 Credits: Taxes

$98.00


Webcasts are available for viewing Monday – Saturday, 8am – 10pm ET.
This webcast is 2 hours in length so you must start it before 08:00 pm ET.
Start within 5 hour(s) and 55 minutes to watch today.

Icon_Webcast
Webcast
Icon_Level
Basic
Credits
CPE Credits
2 Credits: Taxes

Course Description

Passive activity losses have been around since 1986. They came out with clarifications on the grouping election in 2010. There have been a series of court cases over the past decade that have come down and ruled against the taxpayer. We could all use a pencil sharpening on the subject. This course gets into real estate professional, material participation, and active participation. The course goes through all the rules and then provides a verbal flowchart of questions you should ask to get the maximum benefit to the client.  It will touch on some planning around the Medicare surtaxes, the net investment income tax, and what are some of the ways we can get the benefits there. Can we combine husband and wife together for real estate professional? Can we combine them together for material participation? Another helpful aspect of covering 469 is we can compare and contrast to the safe harbor rules under the revenue procedure with 199A.

Learning Objectives

Upon completing this course you will understand:

  • Nuts and bolts of IRC Sec 469
  • Verbal flowchart for maximum benefits
  • Planning around Medicare surtax and net investment income tax
  • Husband and wife combination for real estate and material participation
  • Compare and contrast to safe harbor rules under revenue procedure with 199A

Course Specifics

Course ID
WC1821257484
Original Release Date
October 13, 2021
Prerequisites

None

Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-01885-21-O
IRS Federal Tax Law Credits: 2
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1649
CTEC Federal Tax Law Credits: 2

Course Instructor

Robert “Chris” Province, CPA

Robert “Chris” Province, CPA, has over 20 years of experience in delivering, instructing, and designing training courses. In addition to his speaking, Chris is currently a self-employed CPA specializing in taxation of high net worth individuals and closely-held businesses with clients located in many states throughout the United States. Chris has also served as a tax partner and senior tax member for several local, regional, and national CPA firms. He was a member of the national AICPA S-Corporation Technical Resource Panel and the Qualifications Committee for the California Board of Accountancy. Chris is a licensed Certified Public Accountant in California, …

Robert “Chris” Province, CPA Read More »

Passive Losses - IRC Sec 469

CPE CREDITS
2 Credits: Taxes

Webcasts are available for viewing Monday – Saturday, 8am – 10pm ET.
This webcast is 2 hours in length so you must start it before 08:00 pm ET.
Start within 5 hour(s) and 55 minutes to watch today.

$98.00