CPE Catalog & Events

Tax Planning for Small Businesses Partnered with the Idaho Society

Starting a business - the tax life of a business, Selecting a business entity type, SECURE Act 1.0 and 2.0, Section 199A and the qualified business income deduction, Accounting methods, Compensation of owners - hiring family members, Reasonable compensation, Depreciation, Section 179 and bonus depreciation, Transactions with owners, Buy-sell and noncompete agreements, Exiting the business - special exit techniques

CFO Series: Indispensable Skills Partnered with the Idaho Society

Understanding the need, How much is needed, when, what will it be used for, etc.? Keys to success: Planning, Understand how the use, stage, amount, how and when - impacts the decision, Unintended consequences to avoid. Low cost is not necessarily a sound option. What are the non-quantifiable factors that can change the financing decision? Details on the time-intensive processes. Common blunders when raising financing. The perils of choosing the wrong alternative or wrong investor! Trends in the modern workforce: demographics, generational shifts, remote work, and engagement. The true cost of talent: hiring, retention, and turnover. People as assets versus people as liabilities. The varied challenges in accounting for human capital. Metrics that matter: KPIs for employee performance and value. Integrating people costs into financial strategy. Navigating compliance, risk, and benefits. Who is your customer? How to segment your customers, Identifying and understanding your most valuable customers. What is solution-based planning for customer value? Recognizing internal customers (e.g., departments served by finance), Exploring profitability differences between customers with similar revenue. Creating and sustaining a customer value pyramid. The strategy-execution gap: common reasons why most strategic plans fail. Why should financial planning lead strategy? Evaluating the lifespan and relevance of your strategic plan. Building your strategy to include risk management. Building an adaptive, finance-focused strategic approach. What we should learn from the rise and fall of major companies. How to align financial metrics with strategy.

Annual Conference Sponsorship

Compilations, Reviews, and Preparations: Engagement Performance and Annual Update Partnered with the Idaho Society

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. 22, Compilation of Pro Forma Financial Information SSARS No. 24, Omnibus Statement on Standards for Accounting and Review Services -- 2018, SSARS No. 25, Materiality in a Review of Financial Statements and Adverse Conclusions, SSARS No. 26, Quality Management for an Engagement Conducted in Accordance With Statements on Standards for Accounting and Review Services, Sample comprehensive engagement work programs for preparation, compilation and review engagements, Reporting and disclosure illustrations for each level of service, including attesting on personal financial statements, prescribed form, special purpose framework and other engagement variations, Other communication requirements, such as sample engagement letters and management representation letters

Federal Tax Update - Individuals (Form1040) Partnered with the Oregon Society

This session is a comprehensive review of the Federal individual income tax provisions and tax forms/schedules that will affect the 2026 tax returns and 2027 tax projections with an emphasis on newly enacted income tax legislation, court cases, and IRS guidance. Each participant will receive a comprehensive individual income tax reference manual that includes numerous practice aids, real world examples, new Federal income tax forms and schedules, and Pat Garverick's Quick Reference Chart. Topics include but are not limited to: Comprehensive review of individual income tax laws, with emphasis on new legislative changes (e.g., the One Big Beautiful Bill) and the status of expiring or extended provisions, Review numerous individual income tax provisions related to business (i.e., sole proprietors and owners in pass through entities) including but not limited to the 20% qualified business income (QBI) deduction, Schedule 461(l) business loss limitations, and depreciation. Cover issues related and any changes to the various taxes (i.e., income tax rates, capital gain tax rates, self-employment tax and alternative minimum tax (AMT), 3.8% net investment income tax), Brush up on other topics such as income filing status, personal exemptions, itemized deductions, exclusions from income, adjustments to income, rentals, passive activity rules and individual income tax credits (e.g., child tax credit and dependent care credit), Walk through changes to IRAs and the final required minimum distribution (RMD) regulations, Look at any changes to the Form 1040 and other related schedules and forms.

2026 Washington Ethics and New Developments with Mark Hugh WEBCAST

The AICPA Code of Professional Conduct, Washington ethics rules and recent changes, new developments, best practices for CPAs in public accounting and industry, case studies, and Washington administration and enforcement.

Federal Tax Update - C & S Corporations, Partnerships & LLCs (Forms 1120, 1120S, & 1065) Partnered with the Oregon Society

This session is a comprehensive review of the Federal business income tax provisions and tax forms/schedules that will affect the 2026 tax returns and 2027 tax projections with an emphasis on newly enacted income tax legislation, court cases, and IRS guidance. Each participant will receive a comprehensive business income tax reference manual that includes numerous practice aids, real world examples, new Federal income tax forms and schedules, as well as Pat Garverick's Quick Reference Chart. Topics include but are not limited to: Comprehensive review of business income tax laws, with emphasis on new legislative changes (e.g., the One Big Beautiful Bill) and the status of expiring or extended provisions. Review numerous business income tax provisions including but not limited to the 20% qualified business income (QBI) deduction; changes to NOLs, §461(l) business loss limitations, §163(j) business interest deduction limitations, accounting method changes, depreciation, fringe benefits and entertainment expenses. Brush up on issues related to compensation, distributions, liquidations, self-employment taxes and retirement plans. Look at any changes to the Forms 1120, 1120S, and 1065 and other related schedules and forms.

IRAs: What You Need to Know about Contributions, Conversions and Distributions

Determine clients who are well suited for conversion from traditional to Roth IRAs. When should clients recharacterize IRA contributions? What special traps are present in the IRA area? How to receive waivers for clients who failed to take the proper required minimum distributions (updated for the SECURE Act 2.0). Requirement minimum distributions from inherited IRAs (updated for SECURE Act 2.0 and also 2023 IRS guidance).

AI-Powered Excel: Leveraging AI and ChatGPT for Supercharged Productivity

1065 Mastering Preparation and Planning Part 1 WEBCAST

Changes on Schedule K. Schedules K-2 and K-3. When does a business involving spouses require a partnership return? How to eliminate late-filing penalties for partnership returns. When must a partnership return be filed? How to apply the bonus depreciation rules to partnership step-ups under Schedule 743. IRS form allowing revocation of section 754 election. When it's possible to revoke the election. Answering Form 1065 questions on passive activity grouping.

CFO Series: Essential Cost Containment

Understanding what the goal really is, Better planning, ready aim and then fire. What are the crucial considerations. Why do others in the organization hate to cut costs? What are the 'ripple' effects? What are the right costs to cut and not to cut? What are the more common mistakes made? The need to consider politics, culture, and strategy! Fourteen (14) different perspectives to utilize to cut costs efficiently Over fifty (50) uncommon cost cutting possibilities How to prepare for the next cost cutting exercise A proven process to cut the right cost in an organization. What are the five clear signals that teamwork is broken? The pervasive myths about teams. Why conflict is necessary for effective teams. Why winning teams are built on and depend on trust. The value of assessments and diversity. Your fifteen-step action plan to build trust and enhance teamwork. Retaining your best talent. The essential steps leaders must take to enable teamwork to flourish. Should accountants be creative? The pros and cons of creativity The inherent problems of creativity. Creativity is not an excuse! The tangled correlations between creativity, ethics, and dishonesty. The interrelationship between the Code of Professional Conduct and creativity. Citations from the Code of Professional Conduct. What is the impact of creative accounting on our constituencies. How to effectively and ethically harness creativity. Why does storytelling always beat data-dumping in financial communication? Anatomy of a great financial story: structure, characters, and turning points. The role of context, trends, and insights in financial messaging. How Apple uses financial storytelling to engage stakeholders. Visual tools and techniques to support your narrative. Communicating with non-financial audiences: clarity without oversimplification

1065 Mastering Preparation and Planning Part 2 WEBCAST

When should self-employment earnings be reported for an LLC member? Important new clarification on Schedule M-2 reporting. How to complete Schedule K-1, including. Completing Form 8825. Electing out of the dangerous new IRS audit rules for partnerships (CPAR). When must a partnership complete Form M-3?

2026 Washington Ethics and New Developments with Mark Hugh WEBCAST

The AICPA Code of Professional Conduct, Washington ethics rules and recent changes, new developments, best practices for CPAs in public accounting and industry, case studies, and Washington administration and enforcement.

2026 Washington Ethics and New Developments with Mark Hugh WEBCAST

The AICPA Code of Professional Conduct, Washington ethics rules and recent changes, new developments, best practices for CPAs in public accounting and industry, case studies, and Washington administration and enforcement.

Taxation of Tips and Overtime Under OBBBA

$12,500 deduction per individual for qualified overtime pay, Payment of overtime under the Fair Labor Standards Act (FLSA), Calculating the "premium portion" of the extra half-time pay, Social Security and Medicare withholding, Employer furnishing the record of qualified overtime compensation to employees, Definition of a qualified tip, IRS list of traditionally-tipped occupations, $25,000 deduction for reported tips, The transition rule allowing employers to indicate the approximate amount designated as tips or overtime, State tax issues relating to tips and overtime, Changes in the W-2 reflecting new employer reporting responsibilities

Hands-On Tax Return Workshop - Individuals (Form 1040) Partnered with Oregon Society

This two-day session is taught using a Hands-On methodology. Using a comprehensive case study (actual W-2s, 1099s, 1098s, K-1s, etc.), the participant will walk through the preparation of the Form 1040 and related tax schedules. Each participant will receive a comprehensive individual income tax reference manual that includes numerous practice aids, real world examples, new Federal income tax forms and schedules, and Pat Garverick's Quick Reference Chart. Topics include: Comprehensive review of individual income tax laws, with emphasis on new legislative changes (e.g., the One Big Beautiful Bill) and the status of expiring or extended provisions. Dissecting the Form W-2, 1099-NEC, 1099-K and Schedule K-1. Form 8995 - Qualified Business Income (QBI) deduction. Schedule A - allowable itemized deductions and phase-out rules. Schedule B - interest and dividend income. Schedule C and F - trade or business income and deductions. Form 4562 - depreciation and amortization including Schedule 179. Schedule D - sale of capital assets and personal residences. Form 4797 - sale of trade or business property including the ordinary income recapture rules under Schedule 1245 and Schedule 1250. Schedule E - rentals, passive activities and flow through entities. Other gross income items including alimony, state and local refunds, IRA and pension distributions, unemployment compensation and social security benefits. Adjustments to gross income including IRAs, SEPs, student loan interest and Form 7206 (i.e., self-employed health insurance deduction). Calculate regular tax liability (Schedule D), alternative minimum tax (AMT) (Form 6251) and self-employment tax (Schedule SE). Overview of selected income tax credits (e.g., child tax credit, child and dependent care expense credit and the education credits)

Federal Tax Update with Greg & George

Important new tax cases. Legislative update (including new administrative guidance under the OBBBA of 2025). New administrative releases including revenue rulings, revenue procedures and notices. Important new tax cases. Common circumstances that result in S corporation terminations (including how to fix mistakes). New Tax Court cases that address common areas of disagreement between taxpayers and the IRA. Legislative update (including the OBBBA of 2025). New administrative releases including revenue rulings, revenue procedures and notices.

Hands-On Tax Return Workshop - S Corporations (Form 1120S) Partnered with the Oregon Society

This session is taught using a Hands-On methodology. Using a comprehensive trial balance, the participant will walk through the steps to prepare a complete and accurate Form 1120S (and related schedules). Each participant will receive a comprehensive S corporation income tax reference manual that includes numerous practice aids, real world examples, new Federal income tax forms and schedules, and Pat Garverick's Quick Reference Chart. Topics include: Comprehensive review of S corporation income tax laws, with emphasis on new legislative changes (e.g., the One Big Beautiful Bill) and the status of expiring or extended provisions. Schedule K analysis- determine if income statement items are separately (i.e. schedule K) or non-separately stated income and expense items. Discuss how schedule K items get allocated to shareholders on their schedule K-1s. Look at detailed Schedule K-1 information reporting to shareholders needed for the qualified business income (QBI) deduction, 3.8% net investment income tax and business interest expense limitations. Talk about the unreasonably low officer compensation issues. Learn the special tax treatment of fringe benefits paid to 2% shareholders and family members. Schedule M-1 - calculate the reconciliation of income or loss per books with income or loss per income tax return. Schedule M-2 - detailed step-by-step calculation of the AAA, PTI, E&P and OAA accounts. Basic overview of the tax treatment of distributions including when a S corporation has prior C corporation earnings and profits (E&P). Review the importance and basics of calculating a shareholder's stock and debt basis. Basic overview of the potential S corporation built in gains tax from the conversion of a C to S corporation.

Hands-On Tax Return Workshop - Partnerships & LLCs (Form 1065) Partnered with the Oregon Society

This session is taught using a Hands-On methodology. Using a comprehensive trial balance, the participant will walk through the steps to prepare a complete and accurate Form 1065 (and related schedules). Each participant will receive a comprehensive partnership income tax reference manual that includes numerous practice aids, real world examples, new Federal income tax forms and schedules, and Pat Garverick's Quick Reference Chart. Topics include: Comprehensive review of partnership income tax laws, with emphasis on new legislative changes (e.g., the One Big Beautiful Bill) and the status of expiring or extended provisions. Comparison of partnerships, LLCs and LLPs, Overview the formation of a partnership/LLC and the §704(c) pre-contribution gain or loss rules, Schedule K analysis- determine if income statement items are separately (i.e. schedule K) or non-separately stated income and expense items, How schedule K items get allocated to partners on schedule K-1s, Look at detailed Schedule K-1 information reporting to partners needed for the qualified business income (QBI) deduction, 3.8% net investment income tax and business interest expense limitations, Learn the special tax treatment of fringe benefits paid on behalf of the partners and LLC members, Comparing the tax and Schedule 704(b) book capital account computations, Discuss partner guaranteed payments and self-employment tax issues, Schedule M-1 - reconciliation of income or loss per books with income or loss per income tax return, Schedule M-2 - analysis of partners' capital accounts, Review the importance and basics of calculating a partner/member's outside tax basis. Overview of the tax treatment of distributions, recourse and nonrecourse debt allocations, Schedule 754 election for optional basis adjustments and Schedule 743/Schedule 734 mandatory basis adjustments.

Steps to Stop External Fraud

This session is taught via the use of case studies adapted from real world examples. These studies are designed to show participants ways to identify external fraud risk scenarios and methods to reduce this risk. The topics discussed in this session include: Types of external fraud. Considerations as organizations work to reduce fraud risk. External fraud and known parties/External fraud unknown perpetrators.