Federal Tax Law

Courses in this category provide a wide variety of information on current tax law.

Filter By
CPE Credits:
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • > 6

Fundamentals of Schedules K-2 and K-3

Fundamentals of Schedules K-2 and K-3

Area: Federal Tax Law

Description: NEW!

The IRS recently separated Schedule K and Schedule K-1 into Schedules K-2 and K-3. The purpose is to help provide partners and shareholders better information for their reporting of international items of relevance due to the changes the Tax Cuts and Jobs Act (TCJA), specifically the changes made relating to the reporting of international tax items. This course explores the changes the IRS made with the creation of Schedules K-2 and K-3, along with information that is reportable on the new schedules.

Last Revision: September 2023

$32.00 2 CPE Full Description

Navigating Schedule C

Navigating Schedule C

Area: Federal Tax Law

Description: NEW! The gig economy is here to stay and intent on growing larger with each year. With that growth is the likely growth of tax preparers’ need to be familiar with preparation of Schedule C. This course will help you identify the types of income reported on Schedule C; describe the business expenses deductible on Schedule C; list the differences between a business and a hobby; and apply the rules governing the deduction for business use of a taxpayer’s home. Revision Date: July 2023
$48.00 3 CPE Full Description

Schedule E: Supplemental Income

Schedule E: Supplemental Income

Area: Federal Tax Law

Description: NEW!

Many of your clients will have supplemental income from sources like rental real estate, partnerships, trusts, estates, and royalties. How do you report that income? This course will give you a better understanding of Schedule E, as well as rental and other income sources, which income must be reported, and which losses and deductions are allowed.

Last Revision: July 2023

$32.00 2 CPE Full Description

Social Security: Tax Implications

Social Security: Tax Implications

Area: Federal Tax Law

Description: NEW! How did Social Security become the program that exists today? Which benefits are offered by the program? What are the implications when preparing tax returns? What are some common related financial planning considerations? This course helps tax professionals better understand the scope of the Social Security program, as well as how it affects their clients. Revision Date: June 2023
$48.00 3 CPE Full Description

WISP: Privacy, Data Security, and a Written Information Security Program

WISP: Privacy, Data Security, and a Written Information Security Program

Area: Federal Tax Law

Description: NEW!

To protect customers’ privacy and security safeguards, the IRS requires the creation of a written information security plan (WISP). Various issues come into play with the creation of a WISP, such as updating customers on privacy practices and providing them opt out notices as applicable. This course provides detailed information on these and other requirements.

Last Revision: March 2023

$32.00 2 CPE Full Description

Amended Returns

Amended Returns

Area: Federal Tax Law

Description: Now and then you get a second chance. What should tax preparers know about amended returns? How can preparers help filers make this second chance count? This course will be a detailed look at the topic, including a line-by-line review of the form that is used to file amended returns and an analysis of examples and case studies. Revision Date: April 2023
$16.00 1 CPE Full Description

Charitable Contributions

Charitable Contributions

Area: Federal Tax Law

Description: Individual taxpayers can deduct charitable contributions on their personal tax return if they meet certain requirements. The rules can be somewhat complex. This course provides guidance on the charitable contribution deduction, including information on recent federal tax legislation, which has enhanced the amount of charitable contribution taxpayers can deduct. Revision Date: April 2023
$16.00 1 CPE Full Description

Clergy and Ministers: Tax Considerations

Clergy and Ministers: Tax Considerations

Area: Federal Tax Law

Description: To reap the tax benefits extended to clergy and ministers by the IRS, a taxpayer must fit the IRS definition of minister and perform certain duties. We’ll take a deep look into the definition of who is deemed a minister, types of income, the treatment of housing allowances, and other considerations.

2 CPE credits.

Last Revision: April 2023

$32.00 2 CPE Full Description

Common IRS Red Flags

Common IRS Red Flags

Area: Federal Tax Law

Description: This webinar focuses on common IRS red flags that trigger IRS notices, and provides helpful tips for responding to notices.
$16.00 1 CPE Full Description

Disregarded Entities

Disregarded Entities

Area: Federal Tax Law

Description: A disregarded entity has many popular uses. It can be used to operate a business owned by a single-person, or may be used to invest in a partnership or S corporation. Whatever the reason an owner chooses to organize and operate a disregarded entity, income earned by a disregarded entity is personally reportable. Learn how you can help your clients navigate this challenging issue.

Last Revision: February 2023

$32.00 2 CPE Full Description

Education Tax Benefits

Education Tax Benefits

Area: Federal Tax Law

Description: This course examines the programs, credits, deductions, and federal income tax treatment of various items that affect saving for and financing an individual’s education.
$64.00 4 CPE Full Description

EITC Due Diligence

EITC Due Diligence

Area: Federal Tax Law

Description:

This course presents an overview of the earned income credit (EIC) rules and the common errors uncovered by the IRS in connection with claims for the credit.

Last Revision: April 2023

$32.00 2 CPE Full Description