All Courses
Ethics and Circular 230: Rules, Risks, and Real-World Judgment Calls
Ethics and Circular 230: Rules, Risks, and Real-World Judgment Calls
Area: Ethics
Ethical tax practice goes beyond knowing the rules — it’s about applying them in real-life scenarios. In this engaging webinar, two veteran CPAs walk through Circular 230, practitioner responsibilities, common violations, and how to handle tough ethical dilemmas with confidence and compliance. Designed for any tax return preparer seeking clarity and credibility.
Area: Federal Tax Law
Individual taxpayers may be eligible to deduct certain medical and dental expenses on their personal tax returns. This course provides tax preparers with a comprehensive overview of the rules governing these deductions. Topics include identifying qualifying expenses, understanding the thresholds for deduction, and accurately reporting these expenses on the appropriate IRS forms. By completing this course, preparers will be equipped to assist clients in maximizing their allowable medical deductions while ensuring compliance with current tax laws.
Area: Ethics
This course offers a practical introduction to estates and trusts by reviewing their fundamental differences and how these entities are established. Participants will explore the types of trusts, including a summary of special elections. Income tax implications for both estates and trusts will be discussed, along with the specific filing requirements of Form 1041, ensuring you're confident in applying these concepts in real-world tax scenarios.
Federal Income Tax Changes 2025
Federal Income Tax Changes 2025
Area: Tax Update
Each year, various limits relevant to income tax preparation and planning are updated. Some changes result from routine inflation indexing, while others stem from new legislation or the expiration of existing laws. This course examines the significant tax updates for 2024–2025, including those introduced by the SECURE Act 2.0 and key inflation-adjusted limits. Context is provided where appropriate to help tax professionals understand the practical implications of these changes in their work.
Gambling Winnings - Compliance and Reporting Considerations
Gambling Winnings - Compliance and Reporting Considerations
Area: Federal Tax Law
Sports gambling has raised the stakes with reporting and compliance considerations! This course provides an overview of recent changes in law impacting the gambling industry, gambling businesses or operators’ excise tax and information reporting requirements, and individual income tax reporting requirements for those that are either lucky or skilled enough to win.
Gift Tax Reporting and Form 709
Gift Tax Reporting and Form 709
Area: Federal Tax Law
This on-demand webinar is designed for tax professionals seeking best practices for completing Form 709 in the tax planning process. Presented by Randy Adams, EA, MSA, and experienced tax preparation instructor since 2011, the session provides valuable insights into topics such as portability and when it can be used effectively, annual exclusion, and how to complete the different areas of Form 709 when it is needed. This webinar serves as a comprehensive guide for tax professionals who want a thorough understanding of managing assets regarding retirement accounts and gifting.
Last Revision: September 2024
Individual Taxpayer Identification Numbers (ITINs)
Individual Taxpayer Identification Numbers (ITINs)
Area: Federal Tax Law
Since the invention of the Individual Taxpayer Identification Number (ITIN) in 1996, millions of ITINs have been issued by the IRS. Many rules pertaining to ITINs have changed, but one certainty is that when tax preparers are knowledgeable about these rules, they can be a valuable resource for clients who are seeking to comply with federal tax law. This course provides an overview of the most important topics related to ITINs.
Area: Federal Tax Law
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
Area: Federal Tax Law
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
2025 Annual Federal Tax Refresher Course (AFTR)
2025 Annual Federal Tax Refresher Course (AFTR)
Area: Tax Update
To be eligible for an AFSP Record of Completion, participants must pass the 2025 Annual Federal Tax Refresher (AFTR) Course and complete all other required continuing education by midnight (your local time), December 31, 2025.
AFSP Bundle for Exempt Tax Preparers
AFSP Bundle for Exempt Tax Preparers
Area: Multiple
This 15-hour bundle offers a mix of self-study courses and on-demand webinars designed for tax preparers who are exempt from the 6-hour Annual Federal Tax Refresher (AFTR) course. It includes all required topics for exempt preparers to meet the IRS Annual Filing Season Program (AFSP) requirements and earn a Record of Completion for the 2026 filing season. Certain other credentialed preparers may also benefit from this bundle.
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, 2025.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.
AFSP Bundle for Non-Exempt: Blended Format
AFSP Bundle for Non-Exempt: Blended Format
Area: Multiple
This bundle combines self-study courses and on-demand webinars designed to meet the full 18-hour IRS Annual Filing Season Program (AFSP) requirement for non-exempt tax preparers. It includes all required topics, including the 6-hour Annual Federal Tax Refresher (AFTR) course, so you can earn your Record of Completion for the 2026 filing season through a mix of learning formats.
To be eligible for an AFSP Record of Completion, participants must complete all required continuing education by midnight (your local time), December 31, 2025.For more information, click on the title of each course. 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.
AFSP Bundle for Non-Exempt: Self-Study Format
AFSP Bundle for Non-Exempt: Self-Study Format
Area: Multiple
This bundle features a curated mix of self-study courses designed to meet the full 18-hour IRS Annual Filing Season Program (AFSP) requirement for non-exempt tax preparers. It includes all required topics, including the 6-hour Annual Federal Tax Refresher (AFTR) course, so you can earn your Record of Completion for the 2026 filing season on your own schedule.
To be eligible for an AFSP Record of Completion, participants must complete all required continuing education by midnight (your local time), December 31, 2025.
For more information, click on the title of each course. 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.
