CPE Catalog & Events
Surgent's Comprehensive Guide to Tax Depreciation, Expensing, and Property Transactions
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Webinar
8.00 Credits
Member Price: $260
Complete coverage of recent tax acts and any new legislation enacted before presentation, Final regulations -- bonus depreciation and Schedule 1031 exchanges, Technical correction Rev. Proc. 2019-13 -- use it or stand to lose second-year depreciation deductions for luxury automobiles, What are the components for real estate depreciation?, A new SUV or sedan, a study of depreciation alternatives, Permanency in Schedule 179 depreciation rules? How to maximize its use; when to use it; what property qualifies?, Sale of property and the depreciation recapture rules (Schedules 1245, 1250, unrecaptured Schedule 1250 gain for real estate, Schedule 291 for corporations), How to depreciate like-kind exchange property, May Schedule 121 and Schedule 1031 apply to the same transfer of property?, Reacquired installment sale property -- calculating potential gain and new basis, Understanding Schedule 197 amortization issues; how to handle intangible asset costs, Depreciation issues, tax-deferred exchanges, personal property converted to business property, & overview of home sale exclusion, Guide for compliance and planning issues, Cases and rulings of depreciation and amortization issues and how they impact clients, along with the useful planning opportunities.
Social Security and Medicare: Maximizing Retirement Benefits
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Webinar
4.00 Credits
Member Price: $164
What Medicare will and will not do, Managing Medicare gaps, Analyzing the wide menu of Social Security benefits, Social Security benefits for workers and families: retirement, survivor, disability, and death benefit, Tax impact of social security premiums and benefits, Impact of the 3.8% Medicare surtax on investment income, Recent changes to the Medicare law
Limited Liability Companies: Losses, Liquidations, Terminations, Continuations, and Sales
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Webinar
4.00 Credits
Member Price: $164
When are distributions taxable?, Miscellaneous issues, including the critical difference between Schedule 736(a) and Schedule 736(b) payments, Sales of an LLC interest -- holding period and hot asset issues.
CFO - Skills for 2023 and Beyond
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Webinar
8.00 Credits
Member Price: $260
Diversity, Equity, and Inclusion (DEI) Done Right - Lessons from Change Agents. Why is Diversity, Equity, and Inclusion (DEI) so important for businesses? What is the business case for DEI? What are the economic benefits of DEI activities? What are the ethical considerations for DEI? What can business executives do to encourage Diversity? What can executives do to ensure inclusion of diverse employees, shareholders, customers, and other stakeholders? DEI is not a fad. In 2022, more than half of the Fortune 500 published DEI metrics. Do not be left behind. Business case for DEI activities, Ethical considerations of DEI, Economic benefits of DEI, Definition and clarification of Diversity, Equity, and Inclusion, Examples of effective DEI initiatives. Accomplishments Follow Failures: Success Through Experimentation. Every success is the result of numerous experiments that failed. Every scientific advance was preceded by failures. To be direct, failures lead to success. Every failure is temporary, merely an opportunity to improve. Why are failures feared? Successful organizations continuously experiment, e.g., QVC, so they can learn and stay ahead of the competition. Recall the maxim - if you keep doing what you have always done, then you always get what you always got. We will demonstrate the advantages of embracing experiments as a method to improve the organization and fuel growth. Why are failures required for success? Why are failures so feared? What are some of the more common reasons for failures? Why the poor leaders believe that failure is failure What does `fire bullets then cannonballs' mean? How you and your organization should embrace experiments. Getting the Most When Selling a Business: Little Details to Get Top Value. Every business will be sold eventually. When you have built a great business and decide to move on - you want the most you can get for that terrific organization! What are the steps to take to maximize the value realized? What do buyers really want? What are the three levers to achieve maximum value? If you want top dollar, preparing to sell takes years of planning. This seminar helps CEOs, entrepreneurs, CFOs, Board members, controllers, and their advisors prepare for a successful sale of the organization to maximize shareholder value. We will outline the process to get the most bang for the buck. Proper exit planning demands planning and time. What do buyers really want? Steps to take so your business will be attractive to buyers. The process to prepare for a sale. The steps and timing. Pitfalls to avoid. The value of a strong advisory team. Key considerations. Measure What Matters: Identify the `Right' KPIs and Metrics. With all the data available today in our organization, industry, economy, and globally, how do we identify what to measure and how? Each organization has their own needs. Often, we focus on the same old metrics. Metrics from other industries may be applicable to your industry that we never thought of. Metrics are not only for managers; they are for employees at all levels. Effective dashboards help achieve organizational goals and objectives. We have too much data and this seminar will show you how to turn data into useful information. Identify and describe metrics from many industries. Tailor measures to fit your industry and organization. Find the right metrics to achieve your strategic goals. Describe the why and what to measure. Establish an understandable dashboard. Determine high-level and detailed KPIs. How to assist management to make informed decisions.
Federal Tax Update - Individual & Business Current Developments with Pat Garverick
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Webinar
8.00 Credits
Member Price: $325
This fast-paced session is a comprehensive review of newly enacted income tax legislation, issuance of income tax regulations, court cases, IRS notices, revenue procedures and private letter rulings affecting individuals and businesses. Each participant will receive a comprehensive manual with the hottest tax topics including Pat Garverick's Quick Reference Chart. Topics include but are not limited to: Discuss the most recent individual and business income tax legislation passed to date (e.g., American Rescue Plan Act, SECURE Act, CARES Act and COVID-related Tax Relief Act, Taxpayer Certainty & Disaster Relief Act and Tax Cuts & Jobs Act), Walk through major tax changes to corporations, partnerships and/or individuals and any changes to the income tax forms and other related schedules, Review numerous business income tax provisions including but not limited to the 20% qualified business income (QBI) deduction; changes to NOLs, Schedule 461(l) business loss limitations, Schedule 163(j) business interest deduction limitations, accounting method changes, depreciation, retirement plans, fringe benefits and entertainment expenses, Brush up on the individual and business income tax rates (e.g., income tax rates, capital gain tax rates, self-employment tax and alternative minimum tax (AMT), 3.8% net investment income tax), Discuss other individual income tax topics and changes to filing status, personal exemptions, itemized deductions, exclusions from income, adjustments to income and income tax credits (e.g., child tax credit and dependent care credit), Review other important IRS audit areas such as basis and at-risk limitations for S shareholders and partners, passive activity losses and real estate professionals and self-employment taxes.
Advanced PartnershipTaxation with Greg & George
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Webinar
8.00 Credits
Member Price: $325
Learn to complete Form 1065 and apply new rules that are crucial to preparing partnership tax returns. Topics include: When should self-employment earnings be reported for an LLC member? Claiming bonus depreciation on 743 step-ups from purchases of partnership interests. Avoiding the IRS's dangerous CPAR audit rules. Transferring profits interests in partnerships without triggering taxation to new owners. Allocating losses to LLC members under Schedule 704(b). Claiming bad debts for partner loans. Deducting interest on loans made to purchase partnership interests or make loans to partnerships.
S Corporations -- Planning and Tax Strategies
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Webinar
8.00 Credits
Member Price: $325
Converting S corps to C corps - Should you convert? Reasonable compensation for shareholder-employees. Restructuring shareholder loans to increase basis. Strategies for restoring terminated S corp status (retroactively). The types of debt that provide basis to shareholders. Fixing technical violations of S corporation's eligibility rules. Maximizing the QBID for S corporations. Tax consequences of property distributions from an S corp (including circumstances where ordinary income is triggered). Whether shareholders should provide funds through loans or contributions. When clients can get ordinary losses on sales or worthless of S corp stock. Exit strategies for S corporation owners. "Land banks" - using S corporations to maximize capital gains on the sale of land that will later be developed.
Evaluating Fraud Risk in a Financial Statement Audit
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Webinar
4.00 Credits
Member Price: $164
Fraud landscape in the United States, Fraud risk procedures as updated by recently issued standards, Most likely fraud types found in small to midsize entities, Internal controls to prevent and detect fraud, What to do when fraud or suspected fraud is identified, Case studies based on recent frauds.
Maximizing Social Security Benefits
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Webinar
2.00 Credits
Member Price: $95
Make sure your clients don't get shortchanged - computing the "sweet spot" for Social Security tax payments. Is the Social Security system insolvent? Best age to claim Social Security benefits. Suspending current Social Security benefits in order to increase future benefits.
Becoming a Tax Ninja: Loss Limitations -- Basis, At-risk, Passive Activity and 461(l)
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Webinar
2.00 Credits
Member Price: $95
What practical strategy can be employed to eliminate distributions in excess of basis? What practical factor most commonly causes S corporations to make distributions in excess of basis? In what order to the basis, at-risk, passive activity, and section 461(l) limits apply? And why is it important. In what circumstances do the at-risk rules have no effect on federal taxes? How can you tell whether a client has "qualified nonrecourse debt"? And what's the significance of such debt? Can you group different partnerships (including LLC's) together for purposes of defining the amount "at-risk"? What important changes were made to the net business loss (section 461(l)) limits by the CARES Act and the ARP Act? How can you restructure debt in order to provide an S corporation shareholder additional tax basis?
Estate Planning - Business Issues
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Webinar
8.00 Credits
Member Price: $250
When to use a buy-sell (business continuation) agreement, Advantages of using a trustee in a buy-sell agreement, Both the tax and non-tax benefits of a family limited partnership, When a family limited partnership is recognized for income tax purposes, How to use an estate freeze as a planning tool, Overview of incorporation, When to use the Section 303 stock redemption as a planning tool, How the accumulated earnings tax works, Requirements of an LLC and tax implications, Overview of numerous valuation rules under IRC Section 2031, Understanding of IRC Sections 2701 through 2704, How to plan for valuation discounts in closely held businesses, How to avoid pitfalls in planning for discounted asset values.?
Introduction to Business Acquisitions
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Webinar
8.00 Credits
Member Price: $260
Transaction basics, Due diligence, Asset versus stock based transactions, Transaction terms, Buyer and seller best practices, Transaction costs
2023 Corporate/Business Income Tax Workshop
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Webinar
8.00 Credits
Member Price: $325
Segments Covering: S Corporations; Partnerships; Constructive Dividend Issues; the 20% QBI Deduction; Purchase And Sale of Businesses; §1031 Exchanges; Travel, Meal, and Entertainment Deductions; Fringe Benefits; §179 and 168(k) Depreciation Deductions; Accounting Methods Including Final Regulations Explaining Treatment Of Inventories And Use Of The Cash Method For Taxpayers With Average Gross Receipts Of $29 Million Or Less; Rev Proc Providing Rules For Automatic Accounting Method Changes; When Rental Income is Subject To S/E tax; Election To Pay State Income Taxes At The Entity Level By S Corps and Partnerships; Business Interest Expense Limitation; Partnership And S Corp Developments Including Developments Relating To Filing Forms K-2 and K-3; and Other Business Topics. Significant 2023 Developments Including: Any New 2023 Legislation; SECURE Act 2.0 Provisions Effective For 2023; Commercial Vehicles Qualifying For New Electric Vehicle Credits; Inflation Reduction Act Provisions Affecting Businesses and Effective For 2023; and Many Others. Review of Significant Tax Provisions and Changes First Effective in 2023.
International Taxation
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Webinar
8.00 Credits
Member Price: $260
Receipts in foreign currency, Allocation and apportionment of deductions, U.S. foreign tax credit - fundamentals and special rules, Initiation of foreign operations, Foreign branches and affiliated companies, Sale of use of tangible property, Foreign business operations in the United States, Foreign business sales of tangible property in the United States, Foreign business provision of services in the United States, Exploitation of business assets outside of the United States, Use of foreign tangible/intangible property in the United States, U.S. withholding taxes on foreign businesses.
Guide and Update to Compilations, Reviews, and Preparations
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Webinar
4.00 Credits
Member Price: $164
SSARS No. 21, Clarification and Recodification, and updates to SSARS No. 21 due to the issuance of SSARS No. 23, Omnibus Statement on Standards for Accounting and Review Services, SSARS No. 24, Omnibus Statement on Standards for Accounting and Review Services - 2018, SSARS No. 22, Compilation of Pro Forma Financial Information, Comprehensive sample engagement work programs for every level of SSARS No. 21 service, Complete illustrations of engagement letters, management representation letter, reporting and other required communications for every level of SSARS No. 21 service, Quality issues related to SSARS No. 21 engagements, Proposed changes to the SSARS.
The Complete Guide to Estate Administrations
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Webinar
8.00 Credits
Member Price: $250
Estate settlement issues,Collection and accounting of assets, Determining the legitimacy of debts and creditors, Payment of creditors, Distribution issues, Probate issues, Will contests, Inventory of assets, Fiduciary duties, Rights of creditors, third parties, and beneficiaries, Federal estate tax issues, State death tax issues, Ancillary estate administration issues, Fiduciary accounting issues, Special issues regarding trusts.
Preparation and Compilation Engagements Under the SSARS
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Webinar
4.00 Credits
Member Price: $164
Relevant sections of SSARS No. 21, Clarification and Recodification, Updates to SSARS No. 21 guidance due to issuance of SSARS Nos. 22, 23 and 24, Proposed changes to the SSARS guidance, Comprehensive sample engagement work programs for preparation and compilation engagements, Prescribed form, specified line item, pro forma, and other engagement variations, Complete illustrations of relevant engagement letters, reporting and other required communications for preparation and compilation engagements SSARS No. 21 implementation issues and peer review feedback.
K2's Business Continuity - Best Practices for Managing The Risks
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Webinar
8.00 Credits
Member Price: $275
• Identifying risks to Business Continuity• Differentiating between Business Continuity and Disaster Recovery• Implementing effective backup strategies• Creating an effective Business Continuity/Disaster Recovery plan
K2’s Excel Tips, Tricks, And Techniques For Accountants
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Webinar
8.00 Credits
Member Price: $275
• Fundamental Excel techniques all accounting and financial professionals should know and use• Creating date-based calculations in Excel• How to create Excel templates• Key options you should enable in Excel• Linking data in Excel
Common Deficiencies in SSARS Engagement WEBCAST
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Webinar
4.00 Credits
Member Price: $164
Compilation and review engagements. Peer review.