CPE credits


IRS Continuing Education Credits

Federal Tax Law

Credits: 14
Description: Participants will learn the benefits of business entity options, retirement tax savings, and data security best practices. Limited Liability Company issues, including classification, calculation of inside and outside basis, income and loss allocation, owner compensation, change of ownership. Instructors cover Real Estate Issues, income and expenses, vacation home rules, repair vs. improvement regulations and the various types of sales. Guidance on Trusts and Estate planning, filing requirements, exclusion preservation, and basis of inherited assets, and imputed interest on below-market loans; Individual Tax Issues that pertain reporting gambling winnings and losses, and child tax credits as well as Business Issues, health care plans for small businesses, application of the excess business loss limitation and the limitation on business interest deductions. How to handle Delinquent FBAR filings and the Streamlined Offshore Filing Procedures, reporting requirements and due dates.
 

Updates

Credits: 6
Description: This program will provide instruction on the Taxpayer First Act, 2019 QBI regulation updates, child tax issues, and explain the new tax laws that apply to Federal Tax Court cases and their relevance to the Tax Cuts and Jobs Act
 

Ethics

Credits: 2
Description: This program discusses important federal ethics obligations for the tax practitioner. It also gives tax practitioners the information necessary to remain compliant with Circular 230, Regulations Governing Practice before the Internal Revenue Service, and other ethical obligations.

 

For information regarding the IRS Annual Filing Season Program (AFSP) CE requirements, please click this link