Wyndham Philadelphia-Bucks County Feasterville-Trevose - Map
8-Tax CPE Credits
Understand how to properly report advanced transactions in financial instruments and investment. Hear about the special problems and new issues for the current return year. Identify the causes of alternative minimum tax (AMT) liability and what can be done to reduce or eliminate it. Highlights
Items added by the Affordable Care Act
Installment sales
Form 8582: passive losses with carryovers
Puts, calls, straddling, and unusual investments
Capital gain and loss issues
At-risk rules: what a return preparer really needs to know
Passive loss issues
Incentive and nonqualified stock options
AMT: understanding it, planning strategies to avoid it, using the minimum tax credit, and explaining it to a client
Form 6251: detailed calculation example
Registration
PICPA Member: $275 Nonmember: $375
More Information
Course No. 633501Level: Advanced
Prerequisites:
Extensive experience in preparation of individual income tax returns
Notes
Accepted for IRS credits.
Speaker(s)
Michael Reilly
Michael E. Reilly, CPA, ChFC, CLU, CASL Sole
Practitioner
Michael E. Reilly, CPA,
is a sole practitioner with offices in West Chester, PA. His
practice focuses on tax and financial planning and consulting for
individuals and small businesses.
In addition to maintaining his practice, Mr. Reilly has been an adjunct
professor at several colleges and was a visiting professor of Economics and
Business at Lafayette College.
Mr. Reilly earned his bachelor’s degree in business administration with an
accounting concentration from Temple University and his master of taxation
degree from Villanova University School of Law. He also holds the Chartered
Financial Consultant (ChFC) and Chartered Life Underwriter (CLU)
designations from the American College.