Self-Study

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 required minimum distributions; tax treatment of qualified and nonqualified Roth IRA distributions; required distributions at death; and IRA rollovers.

Description: We discuss the federal income tax treatment and limitations related to qualified employee plan contributions and distributions, as well as commercial annuity contracts.

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 eligible for the TCJA’s pass-through deduction. The Section 199A Pass-Through Deduction course examines this deduction This course will examine the pass-through deduction authorized under § 199A of the TCJA.

Description:

This course provides an overview of accounting and tax professionals’ responsibility to maintain the privacy of customer or consumer information, and to safeguard the information or data, as required by the Gramm-Leach-Bliley Act (GLBA). The course emphasizes how accounting and tax professionals can maintain their compliance with the GLBA through the creation and implementation of a written information security program or plan (WISP). Other considerations that accounting and tax professionals need to be aware of as it relates to Internal Revenue Service Regulations as well as state law, are also considered and explored.