Welcome to DrakeCPE! We offer a wide variety of continuing education courses for tax pros. Stay up to date with recent tax law and learn about new topics.

Prevent, Protect, and Be Proactive - Cyber Security Threats

Prevent, Protect, and Be Proactive - Cyber Security Threats

Area: Federal Tax Law

Description:

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

$32 1 CPE Full Description

Cannabis and Taxes

Cannabis and Taxes

Area: Federal Tax Law

Description: NEW!

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

$16 1 CPE Full Description

Federal Income Tax Changes 2024

Federal Income Tax Changes 2024

Area: Tax Update

Description: NEW!

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

$80 5 CPE Full Description

Fundamentals of Preparing Form 1065 - Partnerships

Fundamentals of Preparing Form 1065 - Partnerships

Area: Federal Tax Law

Description: NEW!

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

$32 2 CPE Full Description

Fundamentals of Preparing Form 1120 - Corporations

Fundamentals of Preparing Form 1120 - Corporations

Area: Federal Tax Law

Description: NEW!

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

$32 2 CPE Full Description

Fundamentals of Preparing Form 1120-S - S Corporations

Fundamentals of Preparing Form 1120-S - S Corporations

Area: Federal Tax Law

Description: NEW!

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

$32 2 CPE Full Description

Fundamentals of Tax Forms 1099-C, A, and K

Fundamentals of Tax Forms 1099-C, A, and K

Area: Federal Tax Law

Description: NEW!

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

$32 2 CPE Full Description

Unpaid Payroll Taxes: A Timebomb You Can Defuse

Unpaid Payroll Taxes: A Timebomb You Can Defuse

Area: Federal Tax Law

Description: NEW!

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

$32 2 CPE Full Description

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

Description: NEW!

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

$16 1 CPE Full Description

2023 Tax Update – The New Rules

2023 Tax Update – The New Rules

Area: Tax Update

Description: Learn about the latest tax changes and updates for the 2023 Tax Year. Our focus will be on recent legislation and the impacts the changes have on you and your clients. This course will bring you up-to-date on the 2023 facts and legislative changes that impact clients; provide you with 2023 tables of the Tax Rates; and highlight useful “tax facts” and other important material.

Last Revision: May 2023

$32 2 CPE Full Description

2024 Annual Federal Tax Refresher Course (AFTR)

2024 Annual Federal Tax Refresher Course (AFTR)

Area: Tax Update

Description: Successful completion of the 2024 Annual Federal Tax Refresher (AFTR) Course counts toward the voluntary annual requirement for obtaining an IRS Annual Filing Season Program (AFSP) Record of Completion for the 2025 filing season.

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.
$59 6 CPE Full Description

AFSP Bundle for Exempt Tax Preparers

AFSP Bundle for Exempt Tax Preparers

Area: Multiple

Description:

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.

$199 15 CPE Full Description