Prevent, Protect, and Be Proactive - Cyber Security Threats
Prevent, Protect, and Be Proactive - Cyber Security Threats
Area: Federal Tax Law
This on-demand webinar is designed for tax professionals seeking the essential knowledge and skills necessary to identify and mitigate common cybersecurity threats and vulnerabilities within their organizations. Presented by Hayley Bales, from Protection Plus, this webinar provides a comprehensive guide to the current cybersecurity landscape along with valuable insights into projected future trends.
Last Revision: September 2024
Area: Federal Tax Law
In recent years there has been an uptick in state legalization of cannabis for recreational purposes, with states gaining millions and in some cases billions of tax revenues from the sale of cannabis. While income from illegal cannabis sales is reportable for federal income tax purposes, there are various intricacies that come into play with expense deductions. These same intricacies exist at the state level. This course explores the various tax implications and also explores some of the controversies regarding expense deductions.
Last Revision: February 2024
Federal Income Tax Changes 2024
Federal Income Tax Changes 2024
Area: Tax Update
Each year, various limits affecting income tax preparation and planning change. Some changes commonly occur each year as a result of inflation indexing, while others occur because of new legislation or the sunsetting of existing law. This course will examine the tax changes affecting the SECURE Act 2.0 and the inflation-changed limits effective for 2024 that are more significant from the perspective of an income tax preparer. Some context will be supplied, as appropriate, to assist readers in understanding the changes. Last Revision: March 2024
Fundamentals of Preparing Form 1065 - Partnerships
Fundamentals of Preparing Form 1065 - Partnerships
Area: Federal Tax Law
The rules for partnerships are complex and taxpayers and practitioners must plan carefully to avoid potential pitfalls, both for the partnership and for the individual partners. Partnerships must report income and expenses annually on Form 1065 and related forms. This course provides an overview of Form 1065 and the rules for partnerships.
Last Revision: December 2023
Fundamentals of Preparing Form 1120 - Corporations
Fundamentals of Preparing Form 1120 - Corporations
Area: Federal Tax Law
How does the IRS define a corporation? What should tax professionals know about Form 1120? This course covers basic definitions and terms regarding corporations, the tax implications of corporate structures, and how to prepare Form 1120 and related forms.
Last Revision: January 2024
Fundamentals of Preparing Form 1120-S - S Corporations
Fundamentals of Preparing Form 1120-S - S Corporations
Area: Federal Tax Law
What makes an S Corp different from other business structures? What are the tax implications and what should tax preparers know about Form 1120? This course covers basic definitions and terms regarding S corporations and how to prepare Form 1120-S and related forms.
Last Revision: January 2024
Fundamentals of Tax Forms 1099-C, A, and K
Fundamentals of Tax Forms 1099-C, A, and K
Area: Federal Tax Law
Cancellation of debt? Abandonment of property? Third-party transactions? These can be complex issues and each of them can affect the others. What do you and your clients need to know about proper reporting for IRS Tax Forms 1099-C, A, and K? In this webinar, we bring these complex topics down to earth. We’ll help you know when each form is needed and how it is used.
Last Revision: April 2024
Unpaid Payroll Taxes: A Timebomb You Can Defuse
Unpaid Payroll Taxes: A Timebomb You Can Defuse
Area: Federal Tax Law
In this webinar, a retired IRS Criminal Investigation agent shares his insider perspective on the issue of unpaid payroll taxes and the serious implications it can have for your clients. We discuss the statutes guiding the collection of payroll taxes, the possible penalties for unpaid payroll taxes, and how you can help your clients resolve the issues.
Last Revision: February 2024
Employee Retention Tax Credit: From the Cares Act to the IRS Moratorium
Employee Retention Tax Credit: From the Cares Act to the IRS Moratorium
Area: Federal Tax Law
Why does the Employee Retention Tax Credit still matter? Two reasons. First, it has been a popular credit that still has implications for employers and taxpayers. Second? Ongoing scams and fraud, and the resulting IRS moratorium. This course provides an overview of the Employee Retention Tax Credit, and provides specific information on IRS efforts to stem the rise of fraud associated with the credit, including imposing a moratorium on ERTC claims, announcing settlement and withdrawal procedures, and the providing educational material on the credit.
Last Revision: April 2024
2023 Tax Update – The New Rules
2023 Tax Update – The New Rules
Area: Tax Update
Last Revision: May 2023
2024 Annual Federal Tax Refresher Course (AFTR)
2024 Annual Federal Tax Refresher Course (AFTR)
Area: Tax Update
To be eligible for an AFSP Record of Completion, participants must pass the 2024 Annual Federal Tax Refresher (AFTR) Course and complete all other required continuing education by midnight (your local time), December 31, 2024.
This AFTR course is based upon the IRS AFTR course outline.
AFSP Bundle for Exempt Tax Preparers
AFSP Bundle for Exempt Tax Preparers
Area: Multiple
This bundle contains all the necessary credits for an exempt tax preparer to meet the 15-hour requirement to earn the IRS AFSP - Record of Completion for the 2025 filing season. Certain other credentialed preparers may also benefit from this bundle.
These new and interesting courses are delivered through a mix of webinars and self-studies. Take a short test for each topic to earn your continuing education credits.
To be eligible for an AFSP Record of Completion, participants must complete all required continuing education by midnight (your local time), December 31, 2024.Click on the title of each course for more information. No substitutions can be made.
If you have already purchased one of these courses and would like to purchase the bundle, please contact Support@DrakeCPE.com.
