The Federal Tax Update Supplement: A 2022 Spotlight on Business Returns

Icon_Webcast
Webcast
Icon_Level
Update
Credits
CPE Credits
1 Credits: Taxes

Course Description

This powerful supplement will enable tax practitioners and professionals to quickly understand how business returns will be impacted by the American Rescue Plan Act expirations, enacted tax laws, and proposed tax legislation changes. Review the outcomes of key IRS and Tax Court rulings that will help you guard your reputation.

Learning Objectives

Upon completing this course, participants will be able to:

  • Learn about New Legislation passed in 2022
  • Clarify that Simplified PPP Loan Forgiveness Applications are available for loans under $150,000
  • Evaluate the impact of Excess Business Loss Limit extension through 2026
  • Navigate the Taxation on Cannabis Sales
  • Determine implications of NOL Carrybacks ending for 2018-20, Carryforward 2022 NOL Losses
  • Plan around the new Limitations on Business Interest Deductions
  • Clarify that Business Restaurant Meals are 100% Deductible in 2022
  • Understand Depreciation Changes and Luxury Auto Depreciation Changes for 2022
  • Realize that QBI Deduction Stay the Same
  • Prepare for Obamacare Form 226-J Penalty Letters Coming from IRS

Course Specifics

Course ID
WC1822286445
Revision Date
June 7, 2022
Prerequisites

None

Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-U-02038-22-O
IRS Federal Tax Update Credits: 1
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1773
CTEC Federal Tax Update Credits: 1

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

Sharon Kreider Headshot
Sharon Kreider, CPA

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 …

Sharon Kreider, CPA Read More »

The Federal Tax Update Supplement: A 2022 Spotlight on Business Returns

Expert Instructors
CPE CREDITS
1 Credits: Taxes

$49.00


Webcasts are available for viewing Monday - Saturday, 8am - 8pm ET.
This webcast is 1 hours in length so you must start it before 07:00 pm ET.
Start within 5 hour(s) and 47 minutes to watch today.

Icon_Webcast
Webcast
Icon_Level
Update
Credits
CPE Credits
1 Credits: Taxes

Course Description

This powerful supplement will enable tax practitioners and professionals to quickly understand how business returns will be impacted by the American Rescue Plan Act expirations, enacted tax laws, and proposed tax legislation changes. Review the outcomes of key IRS and Tax Court rulings that will help you guard your reputation.

Learning Objectives

Upon completing this course, participants will be able to:

  • Learn about New Legislation passed in 2022
  • Clarify that Simplified PPP Loan Forgiveness Applications are available for loans under $150,000
  • Evaluate the impact of Excess Business Loss Limit extension through 2026
  • Navigate the Taxation on Cannabis Sales
  • Determine implications of NOL Carrybacks ending for 2018-20, Carryforward 2022 NOL Losses
  • Plan around the new Limitations on Business Interest Deductions
  • Clarify that Business Restaurant Meals are 100% Deductible in 2022
  • Understand Depreciation Changes and Luxury Auto Depreciation Changes for 2022
  • Realize that QBI Deduction Stay the Same
  • Prepare for Obamacare Form 226-J Penalty Letters Coming from IRS

Course Specifics

Course ID
WC1822286445
Revision Date
June 7, 2022
Prerequisites

None

Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-U-02038-22-O
IRS Federal Tax Update Credits: 1
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1773
CTEC Federal Tax Update Credits: 1

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

Sharon Kreider Headshot
Sharon Kreider, CPA

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 …

Sharon Kreider, CPA Read More »

The Federal Tax Update Supplement: A 2022 Spotlight on Business Returns

Expert Instructors
CPE CREDITS
1 Credits: Taxes

Webcasts are available for viewing Monday - Saturday, 8am - 8pm ET.
This webcast is 1 hours in length so you must start it before 07:00 pm ET.
Start within 5 hour(s) and 47 minutes to watch today.

$49.00