Technical Business Practice Issues and Tax Forms for Experienced Practitioners Webinar

Oct 22
9:00 - 5:00 p.m.

Online

8-Tax
CPE Credits

Don’t let the title frighten you. It is critical that staff be trained on the increasingly complex forms-related issues that challenge them each busy season. This course will help experienced staff focus on the essential amidst the cacophony of IRS and legislative changes and avoid costly mistakes. This course brings to the forefront advanced preparation issues, from individual returns to flow-through entities such as S corporations, LLCs, and partnerships.
Highlights
  • Schedules K-2 and K-3 and filing exceptions
  • Form 7203 
  • IRS Tax Pro Account 
  • IRS modernization initiatives
  • Information Returns Intake System (IRIS)
  • Identity Theft warnings  
  • IRS guidance for the marijuana industry 
  • “Recycled” Form 1099-NEC to report nonemployee compensation 
  • Form 1065 steps for reporting capital 
  • Centralized audit regime; late filing penalties and small partnership relief 
  • “Substance over Form” argument of shareholder loans 
  • Advanced study of “At-Risk” loans 
  • Employer W-2 correction requests 
  • White House 2024 Budget Points 
  • Don't get caught watching the paint dry -- What is hot and new 
  • What is terminating S corporations today? 
  • Special allocation issues of §704 
  • Final regulations for allocating depreciation recapture to partners and members of LLCs 

Registration

PICPA Member: $279
Nonmember: $379

More Information

Course No. ATFB-2024-01-WEBNR-296-01 Level: Advanced

Prerequisites: Basic- to intermediate-level experience in preparing Forms 1120-S and 1065

Notes
This webinar is hosted by PICPA's partner, Surgent CPE. After registering, you will receive an email from Surgent CPE with the log-in information.

Speaker(s)

Michael Frost