Professional Development and Event Catalog
Self-Rental Real Estate: Passive Activity & Section 199A
Tuesday, March 21st, 9:00am - 11:00am
Online
2.00 Credits
This program presents a detailed analysis of the self-rental passive activity rules, including forms reporting examples and integrates them with the flow-through entity rules related to self-rental. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Financial Statements Display: Form 990 Parts VIII, IX,X & XI
Tuesday, March 21st, 11:30am - 2:00pm
Online
2.50 Credits
Session 5 of Borenstein's Form 990 Foundational Series: The Form 990's approach to reporting financial statements initially seems easy as it follows the filer's books with only a modest amount of "990 instructions"-required changes. Unfortunately, the instructions include multiple conventions the IRS imposes that replace GAAP treatment that many filers would otherwise follow! Preparers need be able to recognize and apply the 990's non-recognition of both the donation of services or discounts on accessing others' properties and mark-to-market valuation of invested assets. Furthermore, many of the 990's revenue categories are unique to sector-practices and/or have 990-specific reporting needs. The materials and the author/instructor readily inform preparers as to how the maze of 990 reporting pieces that must be mastered prior to working on the form's three major financial statement parts. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
International Tax Treaties
Tuesday, March 21st, 12:00pm - 2:00pm
Online
2.00 Credits
This course presents an overview of tax treaties and how they are used in structuring transactions and determining the tax impact of cross-border transactions. It discusses the ordering rules for local laws versus treaty laws, and the purpose of the tax treaties in avoiding and eliminating double taxation to promote trade and investment. The participant will learn about planning opportunities to contemplate when structuring foreign operations. This course is suitable for Corporate tax and finance executives, directors, managers and staff, CPAs, CAs Enrolled Agents, accountants, attorneys and business/financial advisors who work with and advise businesses that have cross-border operations and issues. All in-house and public practice professionals involved with international tax compliance and planning will benefit from this timely and insightful seminar. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
IRS Exams with Indications of Fraud
Tuesday, March 21st, 2:00pm - 4:00pm
Online
2.00 Credits
What do you do when the routine audit is no longer routine? This program discusses "eggshell audits", which are civil IRS exams but where we as the practitioner become aware there is potential tax fraud. Potential pitfalls, how to navigate the issues and when to bring the attorneys into the picture will be addressed. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
S Corporation Essentials: Review and Update
Wednesday, March 22nd, 10:00am - 2:00pm
Online
4.00 Credits
This program addresses the critical issues and special opportunities facing S corporations, with a focus on the new IRS guidelines on shareholder stock and loan basis reporting. The impact of recent legislation, including the CARES Act and COVID-19 developments, on the tax filings of S corporations will be addressed, as well as the significant impact of the new Section 199A flow-through entities deduction on S corporations. **Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to leighanne.conroy@acpen.com.
Program Services & Governance: Form 990 Parts III & VI
Wednesday, March 22nd, 11:30am - 2:00pm
Online
2.50 Credits
Session 6 of Borenstein's Form 990 Foundational Series: The Form 990 Parts addressed in this session are two `legs' of the 990's non-financial disclosure-driven three-legged stool. Stakeholders, donors, competitors, and naysayers use both the Program Service Accomplishments Part's disclosures and the filer's responses to Part VI's "Governance" inquiries to assess the organization's credibility and have a sense of management's capacity. Part III not only details Program Services' output with great specificity, but also updates the Form's readers both as to the filer's largest arenas of activities and how conducted activities have changed. And Part VI, the infamous "Governance Part," provides information as to the composition of those "legally in charge," as well as how both the Board of Directors/Trustees and its delegated officials employ policies in favor of maintaining internal controls. Preparers need to appreciate the importance of these two key parts and ensure that filers put their "best foot forward" properly here. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
False Tax Returns: Why CPAs and Their Clients Go to Prison
Wednesday, March 22nd, 3:00pm - 5:00pm
Online
2.00 Credits
It is a crime to knowingly prepare a false tax return. Many return preparers are not aware of the severity of civil and criminal penalties for a false tax return. Not only can a CPA lose the ability to represent their client to the IRS, but the CPA can lose their CPA license and potentially go to prison. Every tax year, the IRS publishes various stories about how return preparers and their clients go to prison for willfully submitting false tax returns. This course will discuss the ways that the IRS investigates bad return preparers. You will also understand the difference between simple mistakes versus a criminal act. The course helps return preparers know what to do if they are being investigated for a false tax return, including if their client is under criminal investigation. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Tax Season Update for Individuals with Steve Dilley
Thursday, March 23rd, 9:30am - 1:30pm
Online
4.00 Credits
This program provides an update to the latest tax developments, rules and regulations impacting individual taxpayers, with a review and integration of the numerous 2021/22 legislation. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Resolving Payroll Tax Debts
Thursday, March 23rd, 1:00pm - 3:00pm
Online
2.00 Credits
The number one reason why small businesses get into tax trouble is due to failure to report and pay payroll taxes. Payroll tax liabilities are such a large part of the Tax Gap that the IRS has started a number of initiatives to deal with the non-compliance by employers. This program covers the current IRS initiatives to deal with payroll tax issues, including the Trust Fund Recovery penalty and how the IRS will pursue responsible owners and employees of the business it believes is responsible for the unpaid payroll taxes. The program also reviews how practitioners can help their clients either avoid the Trust Fund Recovery Penalty or resolve the personal liability issues. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
The Tax Bill is Huge! What's Next for your Client
Thursday, March 23rd, 3:30pm - 5:30pm
Online
2.00 Credits
The return is complete but your client has a huge tax bill! What can you do to help? Or you have a new client and they have historical IRS debt. We'll outline the top ways for your client to manage the money they owe the IRS. Learn about how the collections system works and how you can be a hero to your clients when working with the IRS to manage their debt. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
The IRS Collection Process
Thursday, March 23rd, 4:00pm - 6:00pm
Online
2.00 Credits
Many practitioners believe IRS collection activities to be random when in fact the process is a very direct and formulaic approach to resolving back tax debts. This program explains the process so you can easily understand where your client is in the collection process, and where the opportunities exist to resolve your client's back-tax issue. The program includes sample forms and letters so practitioners can see what the various IRS notices look like and recognize them when they show up. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Real Estate Tax Update
Thursday, March 23rd, 6:00pm - 10:00pm
Online
4.00 Credits
This program addresses the recent changes imposed by recent tax legislation that real estate owners and investors need to know, including Section 199A, the new Section 163(j) interest expense limits and the opportunity to elect out. An introduction to opportunity zones and other important issues will also be addressed. **Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to leighanne.conroy@acpen.com.
S-Corporation Essentials: Stock & Loan Basis Reporting
Friday, March 24th, 10:00am - 12:00pm
Online
2.00 Credits
This program addresses the critical issues and special opportunities facing S-corporations, with a focus on reporting shareholder basis and distributions. **Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to leighanne.conroy@acpen.com.
Tax Season Update for Business with Steve Dilley
Friday, March 24th, 11:00am - 3:00pm
Online
4.00 Credits
This program provides an update to the latest tax developments, rules and regulations impacting business taxpayers, with a review and integration of the numerous 2021/22 legislation. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
How to Deduct Travel, Meals, & Entertainment Expenses NOW
Friday, March 24th, 12:00pm - 4:00pm
Online
4.00 Credits
This program will explain the new rules for deducting and reporting travel, meals, and entertainment expenses . Documentation requirements and planning opportunities related to travel, meals, entertainment, and automobile expenses will also be addressed.
How to Deduct Travel, Meals, & Entertainment Expenses NOW
Friday, March 24th, 2:00pm - 4:00pm
Online
2.00 Credits
This program will explain the new rules for deducting and reporting travel, meals, and entertainment expenses . Documentation requirements and planning opportunities related to travel, meals, entertainment, and automobile expenses will also be addressed.
Insider Dealings and Sunshine: Schedule L's Parts II-IV
Friday, March 24th, 2:30pm - 5:00pm
Online
2.50 Credits
This session comprises one of four Form 990 Master Classes available to those wanting intermediate-to-advanced training on the 990's most difficult arenas. Schedule L's Parts II-IV require transparency of, and thus promote accountability with respect to, "insider transactions" conducted by exempt organization. Disclosure here is necessary regardless of whether the transaction or event disclosed is routine (and reasonable) or one necessary to the organization's business needs. Reporting conveys no value judgment, but omitting the fact of Parts II-IV events - loans with, grants or assistance provided to, or undertaking business transactions with - parties who are "Interested Persons" per 990 definitions is dangerous (especially if the omission signals that management may have failed to protect the organization's interests or is intentionally hiding information). This session builds upon the basics of "who" falls within Interested Person status via the five harmonized categories applying across these three parts to address: the additional IP categories employed in Parts II and IV; when a Part's transaction fits a disclosure exception; and handling what is absolutely required to be disclosed in each part, as well as the additional considerations filers face relating to public relations issues. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Partnership Essentials: Review and Update
Saturday, March 25th, 1:00pm - 5:00pm
Online
4.00 Credits
The IRS has made some game-changing updates on the reporting of partnership basis. This course examines the critical issues and special opportunities facing partnerships and their partners, as well as the relationship between limited liability companies and partnerships. New tax basis and capital accounting reporting rules will be addressed, as well as the impact of the CARES Act, SECURE Act and other recent legislation on the tax structure of partnerships and LLCs. **Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to leighanne.conroy@acpen.com.
Monthly Federal Tax Update - March 2023
Monday, March 27th, 11:00am - 1:00pm
Online
2.00 Credits
Seismic changes in tax legislation is currently taking place, and the well-informed tax practitioner will want to attend this two-hour monthly program in order to stay abreast of these developments. Approximately one-half of the program is devoted to individual tax issues, and the remaining time is spent on business entity taxation, IRS procedure, tax legislation and other issues. This course provides a concise look at the hottest topics affecting every tax practitioner. Due to the changing nature of the topic, learning objectives, course descriptions and program content will vary. The first presentation of this course each month will be delivered live. Subsequent presentations during the month will be a rebroadcast of the live presentation.
Depreciating & Expensing Business Assets - 2 Hours
Tuesday, March 28th, 10:00am - 12:00pm
Online
2.00 Credits
This presentation highlights the latest legislative changes affecting depreciation and capitalization rules, including 2022 inflation increases and Section 179 and 168(k) deductions. Planning and potential pitfalls will also be presented.