Description:
With the costs of housing, healthcare, prescriptions, and other necessities being so high, the tax credit for the elderly and disabled may prove immensely valuable to your clients.
This course will help you recognize when an individual qualifies for the credit, know the amounts they might qualif...
Description:
Millions of people have at least one undocumented family member living with them. These households may also have DACA recipients, American citizens, and legal residents all under the same roof. This webinar will define what a Mixed-Status Family is, identify Credits for Mixed-Status Families, explai...
In this recorded webinar, Randy Adams, EA, discusses ethical issues affecting tax preparation, the responsibility of the IRS, and voluntary compliance.
Description:
Solid tax research skills are necessary for all tax practitioners. However, understanding the many sources of tax authority and how to analyze and rely upon them for support can be overwhelming. This course provides tax practitioners with a fundamental knowledge of how to read, understand, and rely ...
The many changes we have seen in the last several years have created big challenges in understanding the many aspects
and conflicts of completing taxes. This course looks at those changes and how to deal with them without compromising office protocol.
Description:
This course examines the taxation of individual retirement arrangements (IRAs). In so doing, it discusses traditional and Roth IRAs, addressing the federal rules concerning: contribution limits and tax treatment; tax treatment of traditional IRA distributions, including regular, early and lifetime r...
Description:
This course discusses the income tax treatment of death benefits and living proceeds from life insurance contracts. It considers the statutory definition of life insurance contained in Internal Revenue Code §7702 and the tax consequences of a life insurance contract’s failure to meet the definition....
Description:
We discuss the federal income tax treatment and limitations related to qualified employee plan contributions and distributions, as well as commercial annuity contracts.
Revision Date: April 2023
Description:
The Tax Cuts and Jobs Act of 2017 (TCJA), signed into law during the closing days of 2017, affects the tax planning and income tax liability for many taxpayers. Among those for whom the TCJA will have a more significant effect are business owners of pass-through trades or businesses who may be eligi...
Are you concerned about the changing landscape of IRS audits? In this webinar, Brady Lievens with Protection Plus, a Drake Software partner, will walk you through the current trends in audits, the short-term outlook for audits, and some long-term forecastin...
Description:
Cryptocurrency and cash businesses share some risks. How do you uncover unreported income? Learn about the different types of hidden transactions – as well as ways to help your clients accurately report their taxable income from these sources.
Description:
You are more likely than ever to encounter clients who have engaged in one or more virtual currency transactions during the year and who may have taxable income as a result. We’ll look at the nature of virtual currency and the tax implications for your clients.
Last Revision: April 2023
This course walks through an IRS adjustment to your client’s tax return and how to file an Offer in Compromise. Whether you are new or experienced in representation, the discussion should be interesting.
