Larry Stein's New Tax Law Forms Update: 1040, 1120S, and 1065

Wednesday, November 10 8:45am - 4:30pm

(Check-In 8:30am)

Add to Calendar

Online

8.00 Credits

Member Price $269.00

Price will increase by $35 on 11/3

Non-Member Price $394.00

Price will increase by $35 on 11/3

Overview

Join Larry Stein as he discusses the impact of new tax laws on tax compliance. The main focus will be on Forms 1040, 1065 and 1120S. The hottest tax law changes will be covered. Practical insights and new strategies will be highlighted. Key moves will be discussed. Key planning opportunities will be highlighted. Tax compliance traps will also be discussed.

Highlights

 Part One – Ne Tax Laws Forms (200 Minutes)

  • • New Tax Laws; Forms.
  • • Capital Gains Taxation.
  • • Carried Interest.
  • • Basis.
  • • Installment Sales.
  • • Tax Rates.
  • • SECA And NIIT.
  • • The New 1040.
  • • Tax Return Preparation, Quality Control And Form 8867.
  • • Schedule C And Schedule E; IRS Audit Hot Spots.
  • • Restaurant Meals; Travel, Cars And Entertainment.
  • • Substantiation And Tax Forms.
  • • Employee Vs. Independent Contractor; Form 8919.
  • • Business Bad Debts; Losses.
  • • IRAs And Roth IRAs; EPCRS; Prohibited Transactions; UBTI; SEPs; SIMPLE-IRAs.
  • • “S” Stock Basis; “S” Debt Basis; Excess Business Losses.
  • • Partner Basis; Partner Capital Accounts.
  • • Like-Kind Exchanges.
  • • Real Estate Issues.
  • • Schedule A.
  • • Passive Activity Loss; Real Estate Professionals; Material Participation.
  • • Disclosures.
  • • FBAR And FATCA.
  • • 199A, Forms, Compliance, Aggregations, Disclosure, And Rental Real Estate.
  • • Capitalization Vs. Deduction; “NIMS” Accounting – Reg. 1.162-3.

Part Two – New Tax Laws Forms (200 Minutes)
  • • Form 1120S Compliance.
  • • Form 1065 – Key Compliance Areas.
  • • Late Breaking Tax News.
  • • 1099 And Information Reporting Developments.
  • • Credits, Employee Retention Credit; Work Opportunity Tax Credit.
  • • CARES Act, COVID-19 Tax Law Developments And Tax Forms.

Prerequisites

Basic knowledge of federal taxation.

Designed For

CPAs with at least six (6) years of experience. You must have a basic knowledge of federal taxation.

Objectives

Upon the successful completion of this CPE Event, the participants will be able to:

  • Explain selected new tax laws.
  • Explain selected new tax forms.
  • Explain selected new laws that impact SECA and NIIT taxation.
  • Explain selected new capital gains tax developments.
  • Explain key Form 1120S and Form 1065 Tax Considerations.

Preparation

Basic knowledge of federal taxation.

Notice

By registering for this program and, accordingly, receiving the eMaterials, you’re acknowledging that you understand both the copyright restrictions on your eMaterials and the CTCPA cancellation policy.

Non-Member Price $394.00

Member Price $269.00