The new partnership audit rules took effect January 1, 2018. All partnerships (big and small) should take action now to implement changes required under the new law.

IRS.gov has tax professionals searching to find answers to their questions. Tax professionals report hours wasted on the telephone waiting to get help, assistors either unhelpful or lack knowledge to help, and the IRS Practitioner Hotline is overworked and understaffed. This webinar will go into depth on IRS.gov for the tax professional to help you best navigate and effectively use the site. These two hours will save you loads of time!

Designed for tax professionals who share the same ethical concerns of quality of work product and dedication to public service. A review of several areas of Circular 230 in the context of the real world of taxation will leave tax professionals aware of ethical dilemmas and confident that although ethical trials will come there way the measurement of success is how the ethical dilemma is handled.

IRC 469 is one of the most confusing sections in the IRC. In this presentation, we will take an in-depth dive into IRC 469 going into the complexities of the section. We will discuss items such as self-rentals, grouping elections, and other miscellaneous issues. We will also look at different tax planning strategies with passive losses that can help clients out.

The Tax Cuts and Jobs Act greatly affects the business world and individual taxpayers. There are now significant planning opportunities in using the new qualified business income deduction. There are also important business tax changes in regards to depreciation, business deductions, like-kind exchanges, and AMT.

After an audit or collection case, taxpayers may find they want to challenge the IRS in court. Taxpayers have options for filing suit depending on whether they want to challenge before or after paying the tax. The presenter will discuss the various forums for litigating tax disputes, with a focus on the U.S. Tax Court. Topics to be covered include the structure of the U.S. Tax Court, the court’s role in adjudicating tax disputes, and strategies to help win your case in court.

A client’s completed Form 1040 is the single most important financial document available to assist a financial planner in understanding a client’s current financial situation. In addition to any other attached forms or schedules, the 1040 shows the details of all income sources, number of dependents, marital status, and contributions and withdrawals from IRAs and qualified plans.

Tax professionals are becoming a frequent target for hackers and other cyber criminals. This course will cover the most common forms of cybercrime, including corporate account takeover, identify theft, data theft, and ransomware. The presenter will discuss steps that professionals can take to mitigate the risk of cyber-attacks. The attendees will also learn about the ethical duties that tax practitioners have with respect to protecting client data.

Tax professionals are becoming a frequent target for hackers and other cyber criminals. This course will cover the most common forms of cybercrime, including corporate account takeover, identify theft, data theft, and ransomware. The presenter will discuss steps that professionals can take to mitigate the risk of cyber-attacks. The attendees will also learn about the ethical duties that tax practitioners have with respect to protecting client data.

Most withdrawals from qualified plans, traditional IRAs, SEP-IRAs, and SIMPLE plans are taxed as ordinary income, so that a lot of retirement distributions equal large income due to the ordinary income tax treatment of these withdrawals.

This webinar introduces the concept of the unified transfer tax system (gift and estate taxes) and planning techniques to minimize the costs of property transfers during lifetime and at death. IRS CE: 2 Hours/Federal Tax Law NASBA CE: 2 Hours/Taxes

The purpose of this course is to provide an overview of the major tax issues that affect small businesses conducting business in foreign countries. IRS CE: 2 Hours/Federal Tax Law NASBA CE: 2 Hours/Taxes

Clients believe that their accountants and tax preparers are walking encyclopedias of knowledge. Although most tax professionals have mastered tax issues, they may be confused by some of the more challenging provisions of Social Security, Medicare, and Medicaid. This unique course was designed to provide a working knowledge of the basics, planning strategies, and recent developments in these three critical government entitlements. IRS CE: 2 Hours/Federal Tax Law NASBA CE: 2 Hours/Taxes

Learn how profits and losses, distributions, dividends and shareholder loans affect basis & get a process for establishing basis for your S-Corporation and shareholder tax clients. NASBA CE: 1 Hour/Taxes IRS CE: 1 Hour/Federal Tax Law

Tax planning is fire prevention. Tax preparation is arson investigation. Tax professionals need to be more than “historians” of the past: they must be the “planners and facilitators” of the future. Instructor Stuart Sobel shares his 48 years of experience in this unique class that will provide practical ways to assist your clients as they navigate through the bottomless abyss called the American tax system. IRS CE: 2 Hours/Federal Tax Law NASBA CE: 2 Hours/Taxes

This webinar focuses on retirement planning, various types of retirement plans and planning techniques for maximizing funds for retirement. IRS CE: 2 Hours/Federal Tax Law NASBA CE: 2 Hours/Taxes

The computing and reporting of net operating losses can be very complex. Taxpayers can make elections to either carry back their losses or to carry them forward to future years. This program will provide an excellent overview of net operating loss (NOL) requirements and pitfalls. IRS CE: 2 Hours/Federal Tax Law NASBA CE: 2 Hours/Taxes

The Tax Cuts and Jobs Act greatly affects the business world and individual taxpayers. There are now significant planning opportunities in using the new qualified business income deduction. There are also important business tax changes in regards to depreciation, business deductions, like-kind exchanges, and AMT.