2017-2018

FEDERAL TAX UPDATE


Keep Up with Changes to Tax Law
Receive a supplement fully reviewing the implications of the new tax law, as well as tax planning considerations, included when you purchase the 2017-2018 Federal Tax Update.

Be Ready for the 2017-2018 Tax Season

 

Get the most comprehensive, informative federal tax update in the industry with Western CPE’s Federal Tax Update. Led by renowned tax experts, Vern Hoven and Sharon Kreider, our tax update seminars, live webcasts, on-demand video, and self-study CPE options provide you with the insight and information you need, in formats that meet the demands of your already-full schedule. Included with your course is a high-tech, comprehensive tax manual, hyperlinked to the Internal Revenue Code. It will be your go-to resource for the entire tax season.

Here's what you'll learn:


The Most Critical Tax Changes of 2017
  • Expected tax reform - or actual if it happens before your class
  • IRS causing massive tax problems with NOL carryback - and how to prevent the
  • 4 “mandatory” judicial rules before deducting employee expenses on Form 210
  • IRS exams are concentrating on 13 business activities - are your clients at-risk
  • Small businesses can now use R&D credits to pay payroll taxes - that’s instant cashflow
  • The 10 most litigated tax issues currently — and much more
You Can Count On Us!

  • Your instructor will answer all your questions. Bring them to class.
  • We'll provide you the latest relevant, accurate tax information, court cases and rulings.
  • Your instructors share their expertise, insights and practical tips - even electronically.
  • You'll benefit from peer to peer relationships. It’s fun to reconnect with your friends!


Pick the Delivery Option That Works Best for You

 

Live Seminars

Provide attendance verification at our live seminars and earn 16 CPE hours when you complete the course.

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Webcasts

Replicated live learning. See and hear the instructor and his teaching slides. Ask questions of an expert moderator and interact with your peers. No exam requirement. 

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Self Study

Complete your CPE with an online exam, and enjoy instant grading with the option to print your certificate immediately upon passing.

 

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Very thorough and comprehensive presentation of complex tax issues for individuals. Highlights were on point, relevant and of current interest. Not a single minute was wasted.

Gloria S. CPA, MBA

 

What You'll Learn in Our Federal Tax Update

 

Individual Tax Topics

  • What Trump tax reform means to individual clients.
  • A review of expired provisions.
  • Tax problems faced by divorced couples.
  • 20% Capital Gain rate and NII tax implications for high-income taxpayers.
  • FBAR, FATCA and FFI reporting -- what you need to know.
  • Recent tax court rulings on noncash donation substantiation.
  • Changes to Education Credit rules.
  • Tougher rules for EITC compliance.
  • What ACA repeal and replacement means to individual clients.
  • Why self-directed IRAs get more attention from the IRS.
  • Tax issues for Airbnb rentals.
  • Implications when converting a vacation home to rental activity.
  • Six estate planning questions to ask your clients.
  • Estate and gift tax threshold updates.
  • Form 8971 estate reporting requirements.
  • Final regulation on Portability Election.

 

Business Tax Topics 

  • What Trump tax reform means for our business clients.
  • The 13 business activities sure to interest IRS auditors.
  • Cautions for withdrawing or receiving cash payments of $10,000 or more.
  • Taxing medical marijuana -- the facts.
  • Deductions you need to know, including: conference fees, travel expenses, cell phones, and more.
  • Section 179 Expensing Election for qualified real estate.
  • Improving a building and writing off a portion of the original cost.
  • R&D credit expanded for small business -- and how to use it against payroll taxes.
  • New law starts for medical expense reimbursement plans (HRAs) in 2017.
  • What ACA repeal and replacement means for our business clients.
  • Prohibited transactions to avoid.
  • Forms W-2s and 1099-MISC due date change problems.
  • Why the Trust Fund Recovery Penalty is hard to escape.
  • Partnership audit process changes for 2018. 
  • When an LLC member is subject to SE Tax.

 

Plus

  • IRS Due diligence requirements in 2017.
  • What to do when identity theft happens to your client.
  • A warning on new phishing and phone scams aimed at tax preparers.
  • The increases in Letter Ruling Fees.
  • How to be ready with client verification when calling the IRS.
  • The Top 10 most litigated tax issues last year.
  • How to reduce amount when the IRS reconstructs income using the bank deposit method.
  • When Innocent Spouse Relief can be used.
  • A full review of recent case rulings and regulations that impact you and your clients, with source citations.

 

Federal Tax Update Manual

Tax Update Manual Included!

Receive a fully-linked, dynamic, PDF copy of our 2017-2018 Federal Tax Update Manual, when you purchase any Federal Tax Update course. This easy-to-use resource will support your success, not just in the course, but throughout the tax season.

 

Stay Current When Tax Updates Happen

Stay Current When Changes Happen with our up-to-date insights and information to help you and your clients. Available FREE of charge.

 

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