SELF STUDIES & COURSE BOOKS
Self Studies & Course Book For course information click on the letter under the Detail Column.
Details | Course Name | CPE | Member | Nonmember | Delivery Format | Date | Time PDT | Registration |
---|---|---|---|---|---|---|---|---|
Details | Course Name | CPE | Member | Non-Member | Delivery Format | Date | Time PDT | Registration |
New Repair and Capitalization Regulations Including the Form 3115 | 3 | $69.00 | $89.00 | Self-Study | N/A | N/A | Purchase | |
New Repair and Capitalization Regulations Including the Form 3115 | 3 | $89.00 | $109.00 | On Demand Video Self Study | N/A | N/A | Purchase | |
New Repair and Capitalization Regulations Including the Form 3115 | N/A | $49.00 | $69.00 | Course Book | N/A | N/A | Purchase | |
Common Payroll Issues Facing the Tax Professional | 2 | $79.00 | $99.00 | Self-Study | 2017123112/31/2017 | N/A | Purchase | |
Common Payroll Issues Facing the Tax Professional | 2 | $99.00 | $119.00 | On Demand Video Self Study | 2017123112/31/2017 | N/A | Purchase | |
Common Payroll Issues Facing the Tax Professional | N/A | $59.00 | $79.00 | Course Book | 2017123112/31/2017 | N/A | Purchase |
Course Description: This course will introduce the Tax Professional to the Federal Income Tax issues and challenges surrounding the operataion of a sole-proprietorship as a taxable entity. Form 1040 returns that include a Schedule C have a greater chance of being audited than any other Form 1040 and as a result we will look at the critical issues facing the tax professional's dealings with proprietorship clients. Latest IRS Statistics report that over 25 million Schedule C's are filed each year and is the entity of choice for small businesses. The course will introduce issues pertaining to the TAX GAP in relation to Sole-Proprietorship and will discuss the importance of bullet proofing the return for audit purposes. In addition, the course will review the tax benefits and burdens of operating a business as a sole proprietorship.
Learning Objectives After completing the program, participants will be able to:
Instructor: | Nina Tross, EA, MBA |
Course Level: | Basic |
Prerequisite: | Knowledge of operating a business entity |
Advance Preparation: | None |
Delivery Method: | Online Group/Internet-Based |
CPE | Credit Hours | Field of Study |
---|---|---|
IRS | 2 | Federal Tax |
NASBA | 2 | Taxes |
CTEC | 2 | Taxes |
This course is designed for tax preparers, tax professionals, attorneys, CPA & EAs
Course Description: This course will introduce the tax professional to the preparation of Form 1065 for an entity doing business as partnership under Subchapter K of the Internal Revenue Code. It will discuss the issues pertaining to the entity itself not being subject to an income tax and the pass through those of tax characteristics to the investors. For the experienced preparers of Form 1065 it will strengthen the tax knowledge dealing with distributions, limitation on losses, special allocations issues and the concept of entity debt creating basis for the partners. It will reiterate the importance of inside and outside basis issues and the requirement of maintaining capital accounts for the partners. This course will discuss the tax issues of formation operation and legislation for both the entity and the investors.
Learning Objectives This course will provide the tax professional with the tools necessary to properly prepare the Form 1065 and the related Schedule K-1 of the partners. It will discuss the items which increase and decrease partner basis as well as discuss the impact of debt of the partnership. The course will discuss guaranteed payments to partners of the partnership as well as self-employment tax issues and distributions to partners.
Instructor: | Paul La Monaca, EA, CPA |
Course Level: | Intermediate |
Prerequisite: | The participant should have a familiarity with the tax concept of a pass through entity for Federal Tax preparation. The participant should understand the issues of the investor who owns an interest in a general partnership and Limited Liability Company filing a Form 1065. |
Advance Preparation: | None |
Delivery Method: | Online Group/Internet-Based |
CPE | Credit Hours | Field of Study |
---|---|---|
IRS | 5 | Federal Tax |
NASBA | 5 | Taxes |
CTEC | 5 | Taxes |
This course is designed for tax preparers, tax professionals, attorneys, CPA & EAs
Course Description: This course introduces the Tax Professional who has never prepared a Subchapter S Corporation Form 1120S with the basic knowledge needed to understand the flow of the tax characteristics of the separately stated and non-separated stated items of income, deductions, losses and credits as well as understanding the importance of a proper election to be taxed as a pass through entity. The course will also allow the experienced preparer of the Form 1120S the opportunity to review the election process and the importance of understanding basis limitations, ordering rules of basis and the importance of preventing the termination of Subchapter S election. In addition the course will discuss reasonable compensation of shareholder-employees and the distribution of net profits on a per-share, per-day allocation method.
Learning Objectives The participants will be able to determine the requirements of an entity to qualify to make the Subchapter S election and understand terminating events and the ramification of that termination. The participants will be able to identify and properly report separately stated and non-separately stated items of income, deductions, losses and credits. The participants will be able to understand the importance of properly accounting for shareholder stock and debt basis, distributions of Capital and the effect on the limitation of losses. They will also be able to reconcile book and tax income of the 1120S and understand the proper preparation of the schedule K-1 of the shareholders and the per-share, per day of allocation the tax results of the entity.
Instructor: | Paul La Monaca, EA, CPA |
Course Level: | Intermediate |
Prerequisite: | The participants should be familiar with the concept of a past through entity of taxation as well as understand the general concepts of the individual income tax law as it effects the investment of the individual taxpayers. |
Advance Preparation: | None |
Delivery Method: | Online Group/Internet-Based |
CPE | Credit Hours | Field of Study |
---|---|---|
IRS | 4 | Federal Tax |
NASBA | 4 | Taxes |
CTEC | 4 | Taxes |
This course is designed for tax preparers, tax professionals, attorneys, CPA & EAs
Course Description: This course reviews the position of the IRS and Treasury on the Defense of Marriage Act (DOMA) after the Windsor Supreme Court Decision. It reviews the opportunities and challenges of a filing status of married joint.
Learning Objectives After completing the program, participants will be able to:
Instructor: | Paul La Monaca, EA, CPA |
Course Level: | Basic |
Prerequisite: | Knowledge of operating a business entity |
Advance Preparation: | None |
Delivery Method: | Online Group/Internet-Based |
CPE | Credit Hours | Field of Study |
---|---|---|
IRS | 1 | Federal Tax |
NASBA | 1 | Taxes |
CTEC | 1 | Taxes |
This course is designed for tax preparers, tax professionals, attorneys, CPA & EAs
Course Description: This course introduces the tax professional to the special rules for preparing Form 1041 fiduciary income tax returns and discusses the reporting requirements and the pass through of tax characteristics from the entities to the beneficiaries. This course will introduce unique items that are critical for understanding the transactions of the entity vs. the beneficiary (ies).
Learning Objectives After completing the program, participants will be able to:
Instructor: | Paul La Monaca, EA, CPA |
Course Level: | Intermediate |
Prerequisite: | Knowledge of preparing income tax returns |
Advance Preparation: | None |
Delivery Method: | Online Group/Internet-Based |
CPE | Credit Hours | Field of Study |
---|---|---|
IRS | 2 | Federal Tax |
NASBA | 2 | Taxes |
CTEC | 2 | Taxes |
This course is designed for tax preparers, tax professionals, attorneys, CPA & EAs
Course Description: This course introduces the particular issues related to filing taxes for a C corporation. It covers the issues of double taxation, reporting dividends and other distributions, calculating earnings and profits (E&P), and allocating E&P to shareholder distributions. The course also discusses challenges of constructive dividends and property distributions.
Learning Objectives After completing the program, participants will be able to:
Instructor: | Paul La Monaca, EA, CPA |
Course Level: | Intermediate |
Prerequisite: | General familiarity with preparation of Form 1120 |
Advance Preparation: | None |
Delivery Method: | Online Group/Internet-Based |
CPE | Credit Hours | Field of Study |
---|---|---|
IRS | 2 | Federal Tax |
NASBA | 2 | Taxes |
CTEC | 2 | Taxes |
This course is designed for tax preparers, tax professionals, attorneys, CPA’s, EAs.
Course Description: This course covers Ethics in 2017 with focus on the updated Circular 230. Issues covered include rules governing authority to practice, duties, and restrictions related to practicing before the IRS, issues regarding fees and solicitation and standards for tax returns under Circular 230. Also included is a discussion on the status of the new AFSC program.
Learning Objectives After completing the program, participants will be able to:
Instructor: | Paul La Monaca, EA, CPA |
Course Level: | Basic |
Prerequisite: | None |
Advance Preparation: | None |
Delivery Method: | Online Group/Internet-Based |
CPE | Credit Hours | Field of Study |
---|---|---|
IRS | 2 | Regulatory Ethics |
NASBA | 2 | Regulatory Ethics |
CTEC | 2 | Ethics |
This course is designed for tax preparers, tax professionals, attorneys, CPA & EAs
Course Description: Determining the basis of assets is critical in calculating depreciation, amortization, depletion, deductions, casualty losses and in establishing gain or loss when an asset is sold or exchanged.
Learning Objectives After completing the program, participants will be able to establish the basis of assets and determine the federal tax implications thereof:
Instructor: | Paul La Monaca, EA, CPA |
Course Level: | Intermediate |
Prerequisite: | Knowledge of preparing Form 1040 |
Advance Preparation: | None |
Delivery Method: | Online Group/Internet-Based |
CPE | Credit Hours | Field of Study |
---|---|---|
IRS | 2 | Federal Tax |
NASBA | 2 | Taxes |
CTEC | 2 | Taxes |
This course is designed for tax preparers, tax professionals, attorneys, CPA & EAs
Course Description: This course introduces the Tax Professional to the Federal Income Tax issues surrounding the "foreclosure and/or abandonment" of property and the issues of a "deemed sale" by the taxpayer when an abandonment or foreclosure occurs. In addition, the course will introduce the requirements of the "Cancellation of Debt", what is a "Cancellation", and in which tax year the cancellation actually occurs and requires the recognition of income.
Learning Objectives After completing the program, participants will be able to:
Instructor: | Paul La Monaca, EA, CPA |
Course Level: | Overview |
Prerequisite: | Knowledge of the Internal Revenue Code |
Advance Preparation: | None |
Delivery Method: | Online Group/Internet-Based |
CPE | Credit Hours | Field of Study |
---|---|---|
IRS | 1 | Federal Tax |
NASBA | 1 | Taxes |
CTEC | 1 | Taxes |
This course is designed for tax preparers, tax professionals, attorneys, CPA & EAs
Course Description: A concise review of the application of §469 Passive Activity Loss rules and the rules pertaining to taxpayers who qualify as real estate professionals. Participants will gain a greater understanding of IRC 469 and related tax preparation issues.
Learning Objectives After completing the program, participants will be able to:
Instructor: | Paul La Monaca, EA, CPA |
Course Level: | Basic to Intermediate |
Prerequisite: | Knowledge of rental real estate transactions |
Advance Preparation: | None |
Delivery Method: | Online Group/Internet-Based |
CPE | Credit Hours | Field of Study |
---|---|---|
IRS | 1 | Federal Tax |
NASBA | 1 | Taxes |
CTEC | 1 | Taxes |
This course is designed for tax preparers, tax professionals, attorneys, CPA & EAs
Course Description: This course will introduce the Tax Professional to the IRS’s updated Repair Regulations in the decision making process of whether an expenditure is a current year deduction or a capitalized asset. Which must be depreciated over a statutory life and method. It will also introduce the "new safe harbor elections" available to taxpayers for specified costs and transactions. It will discuss and describe the concept of taxpayers with an "applicable financial statement" and taxpayers "without an applicable financial statement". It will discuss the issues of repairs, improvements and betterments that taxpayers will have to determine when the expenditures are incurred.
Learning Objectives After completing the program, participants will be able to:
Instructor: | Paul La Monaca, EA, CPA |
Course Level: | Basic |
Prerequisite: | Knowledge of the Capitalization of Assets vs. Deductible Repairs |
Advance Preparation: | None |
Delivery Method: | Online Group/Internet-Based |
CPE | Credit Hours | Field of Study |
---|---|---|
IRS | 1 | Federal Tax |
NASBA | 1 | Taxes |
CTEC | 1 | Taxes |
This course is designed for tax preparers, tax professionals, attorneys, CPA & EAs
Course Description: This course covers the changes to the tax law and tax preparation in conjunction with the passage of the 2010 Patient Protection and Affordable Care Act, as well as the Health Care Act. The participant will review the issues faced during filing season and will review the next level dealing with the mandate of having health insurance coverage and the issue of penalties and credit for individual taxpayers and small business owners.
Learning Objectives After completing the program, participants will be able to:
Instructor: | Paul La Monaca, EA, CPA |
Course Level: | Intermediate |
Prerequisite: | Preparing Form 1040 and other federal forms |
Advance Preparation: | None |
Delivery Method: | Online Group/Internet-Based |
CPE | Credit Hours | Field of Study |
---|---|---|
IRS | 2 | Federal Tax |
NASBA | 2 | Taxes |
CTEC | 2 | Taxes |
This course is designed for tax preparers, tax professionals, attorneys, CPA & EAs
Course Description: This course reviews the importance of understanding allowable deductions on the tax returns. The courts and IRS are strict regarding the substantiation of expenditures and we offer a look at some of the issues facing the taxpayer and the tax professional and ways to improve being successful under audit.
Learning Objectives After completing the program, participants will be able to:
Instructor: | Paul La Monaca, EA, CPA |
Course Level: | Intermediate |
Prerequisite: | None |
Advance Preparation: | None |
Delivery Method: | Online Group/Internet-Based |
CPE | Credit Hours | Field of Study |
---|---|---|
IRS | 2 | Federal Tax |
NASBA | 2 | Taxes |
CTEC | 2 | Taxes |
This course is designed for tax preparers, tax professionals, attorneys, CPA & EAs
Course Description: This course introduces the Tax Professional to the Federal Income Tax Issues involving the death of an individual taxpayer. It discusses the requirements for filing a "final Form 1040"and introduces the accounting required for "Income in Respect of a Decedent" IRD and "Deductions in Respect of a Decedent" DRD. This course will include the importance of choosing the proper filing status for the year of death and elections available to the personal representative for the "final Form 1040". It will discuss the tax implications of account balances after death for IRAs, HSAs, etc. and the tax issues of an Estate and Survivors.
Learning Objectives After completing the program, participants will be able to:
Instructor: | Paul La Monaca, EA, CPA |
Course Level: | Basic to Intermediate |
Prerequisite: | Knowledge of the filing of Form 1040 |
Advance Preparation: | None |
Delivery Method: | Online Group/Internet-Based |
CPE | Credit Hours | Field of Study |
---|---|---|
IRS | 2 | Federal Tax |
NASBA | 2 | Taxes |
CTEC | 2 | Taxes |
This course is designed for tax preparers, tax professionals, attorneys, CPA & EAs
Course Description: This course will provide both the beginning and seasoned Tax Professional with a broad background of the various issues surrounding the determination of worker classification status and the Tax Professional’s Role. It will include the issues concerning the responsibilities of tax withholding at the source and a review of the regulations on these issues. The course will introduce the 20 factor tests of the 1984 Revenue Ruling and the issues involved in filing IRS Form SS-8. It will discuss the 3 categories of evidence as defined by the IRS and the course will review court cases and the results of those rulings needed for planning with your clients. This is a "get down in the weeds" workshop in determining who might need to be issued IRS Form 1099 Misc. vs IRS Form W-2. In addition, the §530 Safe Harbor Rules of the 1978 Tax Reform Act will be reviewed in discussing the defense against the possible assessment of penalties.
Learning Objectives After completing this program, participants will have a better idea of how to advise their clients who need to determine the status of a worker based on the specific facts and circumstances.
Instructor: | Paul La Monaca, EA, CPA |
Course Level: | Intermediate |
Prerequisite: | Some knowledge in subject matter area |
Advance Preparation: | None |
Delivery Method: | Online Group/Internet-Based |
CPE | Credit Hours | Field of Study |
---|---|---|
IRS | 2 | Federal Tax |
NASBA | 2 | Taxes |
CTEC | 2 | Taxes |
This course is designed for tax preparers, tax professionals, attorneys, CPA & EAs
Course Description: This course introduces the Tax Professional on the requirements that need to be reviewed when assisting a client on determining the proper filing status for the current tax year. It discusses whether a couple is "considered married" on the last day of the tax year under all the pertinent facts and circumstances. The course reviews the rules pertaining to a "Qualifying Widow(er)" and when a taxpayer qualifies for a filing status of "Head of Household". In addition, the course addresses the determination of who is a "qualifying child" and the tests involved in doing so. Also discussed is the definition and qualifications of claiming a dependency exemption for someone who is a "qualifying relative". The course will review the requirements of the "shared responsibility payment" issues under the Affordable Care Act (ACA) when claiming someone as a dependent.
Learning Objectives After completing the program, participants will be able to:
Instructor: | Paul La Monaca, EA, CPA |
Course Level: | Basic to Intermediate |
Prerequisite: | None |
Advance Preparation: | None |
Delivery Method: | Online Group/Internet-Based |
CPE | Credit Hours | Field of Study |
---|---|---|
IRS | 1 | Federal Tax |
NASBA | 1 | Taxes |
CTEC | 1 | Taxes |
This course is designed for tax preparers, tax professionals, attorneys, CPA & EAs
Course Description: Schedule C has become a prime target for audit by the IRS. We will look at some of the issues regarding critical issues facing the tax professional's dealings with proprietorship clients.
Learning ObjectivesAfter completing the program, participants will be able to identify and categorize business expenses of sole proprietors.
Instructor: | Paul La Monaca, EA, CPA |
Course Level: | Intermediate |
Prerequisite: | Knowledge of preparing Form 1040 |
Advance Preparation: | None |
Delivery Method: | Online Group/Internet-Based |
CPE | Credit Hours | Field of Study |
---|---|---|
IRS | 1 | Federal Tax |
NASBA | 1 | Taxes |
CTEC | 1 | Taxes |
This course is designed for tax preparers, tax professionals, attorneys, CPA & EAs
Course Description: This course will provide the Tax Professional with an in depth understanding of issues facing clients who are concerned about transferring assets during their lifetime and at the time of death. It will discuss the concept of the unified transfer tax for Estates and Gifts and the importance of taking inventory of their assets, liabilities and responsibilities for proper identification of each. The cause will not be a preparation of the Form 706 since most taxpayers will not be subject to the tax because of the high threshold for filing the returns but will educate the tax professional as to the importance a good estate plan. It will introduce the participants to the tools available to assist the taxpayer in having a good lifetime estate plan.
Learning Objectives After completing the course, tax professionals will be able to assist clients with the design of an estate plan and educate the client about getting organized and recognizing the importance of gathering pertinent data about their assets liabilities and responsibilities for proper identification of each. The Tax Professional will also learn about the role of the personal representative of the decedent and be alerted to the administrative responsibilities of accounting for property, debt, and beneficiaries.
Instructor: | Paul La Monaca, EA, CPA |
Course Level: | Intermediate |
Prerequisite: | None |
Advance Preparation: | None |
Delivery Method: | Online Group/Internet-Based |
CPE | Credit Hours | Field of Study |
---|---|---|
IRS | 2 | Federal Tax |
NASBA | 2 | Taxes |
CTEC | 2 | Taxes |
This course is designed for tax preparers, tax professionals, attorneys, CPA & EAs
Course Description: The objective of this course is to provide the Tax Professional with a deeper understanding of the federal income tax provisions that apply to taxpayers who incur expenses for medical care for themselves their spouse and their dependents and in which year those expenses are allowed to be deducted. The course will also review the deductibility of taxes incurred and paid for income taxes, personal property taxes, sales tax and Real Estate taxes of states, local jurisdictions and foreign countries.
Learning Objectives After completing this course, tax professionals will be able to apply the federal income tax provisions allowing the deductibility of state, local and foreign income taxes; real estate taxes paid to state, local and foreign countries as well as personal property taxes and sales taxes paid to state and local governments.
In addition the participants will be able to identify which medical costs are allowable as a deduction on Schedule A and which expenses cannot be deducted and why.
Instructor: | Paul La Monaca, EA, CPA |
Course Level: | Intermediate |
Prerequisite: | None |
Advance Preparation: | None |
Delivery Method: | Online Group/Internet-Based |
CPE | Credit Hours | Field of Study |
---|---|---|
IRS | 1 | Federal Tax |
NASBA | 1 | Taxes |
CTEC | 1 | Taxes |
This course is designed for tax preparers, tax professionals, attorneys, CPA & EAs
Course Description: The objective of this course is to introduce the tax professional to the federal income tax provisions that apply to taxpayers who are separated or divorced from their marital spouse. The course discusses filing status, exemptions, dependents, alimony, child support, property settlement agreements and the transfer of assets. The course will also address other issues that often occur as a result of separation and divorce that are needed in advising taxpayers and in preparing the tax returns of separated and divorced taxpayers.
Learning Objectives After completing this course, tax professionals will be able to apply the Federal tax rules when filing taxes for a separated or divorced taxpayer, including filing status, qualifying child rules, and exemptions for children. They will also be able to evaluate community property issues, alimony and child support. Individuals will learn to explain qualified domestic relations orders (QDRO), and understand the difference between a taxpayer who is an injured spouse vs. a taxpayer who is an Innocent spouse.
In addition the tax professional will be able to determine the issues on property transfers and the basis of assets under §1041.
Instructor: | Paul La Monaca, EA, CPA |
Course Level: | Intermediate |
Prerequisite: | None |
Advance Preparation: | None |
Delivery Method: | Online Group/Internet-Based |
CPE | Credit Hours | Field of Study |
---|---|---|
IRS | 4 | Federal Tax |
NASBA | 4 | Taxes |
CTEC | 4 | Taxes |
This course is designed for tax preparers, tax professionals, attorneys, CPA & EAs
Course Description: The objective of this course is to introduce the Tax Professional to the §165 provisions of the federal income tax rules dealing with casualty and theft loss deductions pertaining to individual taxpayers. The course will discuss the requirements of deductibility and will introduce and discuss new terms such as “identifiable event,” “sudden and unexpected and unusual.” It will clearly identify which casualties and losses are not deductible. The course will introduce and discuss the 2 limitations under $100 rule and the 10% of Adjusted Gross Income (AGI) rule.
Learning Objectives After completing this course, tax professionals will be able to apply the provision of §165 and determine which casualties and theft are allowable as a deduction in the current tax year and why. The participants will also understand how to calculate a casualty or theft loss for individual taxpayers and determine how much of the loss can be deducted after reduction for the $100 and 10% of AGI limitations.
Instructor: | Paul La Monaca, EA, CPA |
Course Level: | Intermediate |
Prerequisite: | None |
Advance Preparation: | None |
Delivery Method: | Online Group/Internet-Based |
CPE | Credit Hours | Field of Study |
---|---|---|
IRS | 2 | Federal Tax |
NASBA | 2 | Taxes |
CTEC | 2 | Taxes |
This course is designed for tax preparers, tax professionals, attorneys, CPA & EAs
Course Description: The objective of this course is for the Tax Professional to understand what is allowable as a charitable contribution to a §501(c)(3) organization and stress the importance of strict substantiation rules for every contribution of cash and property to the charitable entity. The course will discuss the regulations addressing contributions of $250 and more as well as contributions of more than $500 and the appraisal requirements when the cumulative property contribution is greater than $5,000 in the current tax year.
Learning Objectives After completing the course, tax professionals will have a clear understanding of the substantiation requirements of contributing any amount of cash to a §501(c)(3) as well as the regulations for any contribution of $250 or more and cumulative property contribution of more than $500 during the tax year requiring the filing of Form 8283.
In addition the tax professional will better understand the regulations pertaining to the cumulative contribution of property of more than $5,000 and the requirements of a “qualified appraisal” by a “qualified appraiser”
Instructor: | Paul La Monaca, EA, CPA |
Course Level: | Intermediate |
Prerequisite: | Basic understanding what qualifies a deductible charitable contribution. |
Advance Preparation: | None |
Delivery Method: | Online Group/Internet-Based |
CPE | Credit Hours | Field of Study |
---|---|---|
IRS | 2 | Federal Tax |
NASBA | 2 | Taxes |
CTEC | 2 | Taxes |
This course is designed for tax preparers, tax professionals, attorneys, CPA & EAs
Course Description: The objective of this course is for the Tax Professional to understand what deductions are allowed under §163 for interest paid and incurred on debt related to a taxpayer’s principal residence, second home, and investments held by the taxpayers. It will discuss the issues related to investment income and investment expenses and define net investment income for purposes of deductibility on Form 4952. It will discuss issues of carrying forward current year unused investment interest to future tax years. The course will also review the deductibility of “qualified mortgage insurance” and the phase out based on AGI. In addition, the course will discuss “qualified acquisition indebtedness” and “home equity indebtedness” on a “qualified residence” of the taxpayer. It will review the limitations of debt up to $1 million on “acquisition indebtedness” and the $100,000 limitation on “home equity indebtedness.”
Learning Objectives After completing the course, tax professionals will be able to identify “acquisition debt” to buy, build or substantiality improve a “qualified residence” and the applicable dollar limitations as well as understanding the reporting responsibilities on Schedule A. The participant will better understand the deductibility of investment interest paid on investment property and the issues of carrying forward unused investment interest. The participant will better understand the specified reporting requirements of interest on the Schedule A.
Instructor: | Paul La Monaca, EA, CPA |
Course Level: | Intermediate |
Prerequisite: | None |
Advance Preparation: | None |
Delivery Method: | Online Group/Internet-Based |
CPE | Credit Hours | Field of Study |
---|---|---|
IRS | 1 | Federal Tax |
NASBA | 1 | Taxes |
CTEC | 1 | Taxes |
This course is designed for tax preparers, tax professionals, attorneys, CPA & EAs
Course Description: This course provides Tax Professionals with a broad base of knowledge needed to properly and successfully represent their clients in an IRS audit. This course will provide details in the areas of:
Learning Objectives At the completion of this course, you will have a full understanding of the types of audits, and the auditor’s process, the steps needed to prepare your client, specifics of the return examination, and options the taxpayer has during the audit conclusion process. You will be prepared to represent your client whether your client’s examination can be handled entirely by mail or involves a face-to-face interview with a revenue agent.
This class and material is designed to be a guide for the beginner as well as the seasoned tax representative.
Instructor: | Isaac R. McRae, III, MST, EA, Fellow |
Course Level: | Intermediate |
Prerequisite: | None |
Advance Preparation: | None |
Delivery Method: | Online Group/Internet-Based |
CPE | Credit Hours | Field of Study |
---|---|---|
IRS | 3 | Federal Tax |
NASBA | 3 | Taxes |
CTEC | 3 | Taxes |
This course is designed for tax preparers, tax professionals, attorneys, CPA & EAs
Course Description: This course introduces issues related to filing taxes for a small C-Corporation. It covers imposition of the corporate income tax structure; estimated tax payment issues; filing requirements of corporate returns; capital losses; rules for carryover and carryback; charitable contributions; the reconciliation of taxable income and financial net income as reported on Schedule M-1, and much more.
Learning Objectives After completing the program, participants will be able to describe:
Instructor: | Paul La Monaca, CPA, MST |
Course Level: | Intermediate |
Prerequisite: | Familiar with preparation of Form 1120. |
Advance Preparation: | None |
Delivery Method: | Online Group/Internet-Based |
CPE | Credit Hours | Field of Study |
---|---|---|
IRS | 2 | Federal Tax |
NASBA | 2 | Taxes |
CTEC | 2 | Taxes |
This course is designed for tax preparers, tax professionals, attorneys, CPA & EAs
This course reviews and defines the current tax law changes as it applies to the definition of repairs or improvements and updates, which costs can be deducted currently and which costs must be depreciated. The course discusses units of property for buildings under the new regulations, defines materials and supplies eligible for a current deduction, de minimis rules, and explains the method of electing safe harbor treatment for qualified small taxpayers. During this session, we will review the changes to Form 3115, when it is appropriate to use the form, and which transactions require the filing of Form 3115.
Learning Objectives After completing the program, participants will be able to:
Written by: | Nina Tross, EA, MBA |
Developed by: | Nina Tross, EA, MBA |
Presented by: | Nina Tross, EA, MBA |
Course Level: | Intermediate |
Prerequisite: | General knowledge of identifying and accounting for the purchase of assets, identifying current year deductions and capitalization of certain costs, and knowledge of preparation of Form 3115. |
Advance Preparation: | None |
Delivery Method: | QAS Self Study |
CPE | Credit Hours | Field of Study |
---|---|---|
IRS | 3 | Federal Tax |
NASBA | 3 | Taxes |
CTEC | 3 | Taxes |
This course is designed for tax preparers, tax professionals, attorneys, CPA & EAs
This course reviews and defines the current tax law changes as it applies to the definition of repairs or improvements and updates, which costs can be deducted currently and which costs must be depreciated. The course discusses units of property for buildings under the new regulations, defines materials and supplies eligible for a current deduction, de minimis rules, and explains the method of electing safe harbor treatment for qualified small taxpayers. During this session, we will review the changes to Form 3115, when it is appropriate to use the form, and which transactions require the filing of Form 3115.
Learning Objectives After completing the program, participants will be able to:
Written by: | Nina Tross, EA, MBA |
Developed by: | Nina Tross, EA, MBA |
Presented by: | Nina Tross, EA, MBA |
This course addresses the payroll issues that confront for small businesses with employees. Includes proper filing requirements Form 940, 941, and W-2
Learning Objectives After completing the program, participants will be able to:
Written by: | Nina Tross, EA, MBA |
Developed by: | Nina Tross, EA, MBA |
Presented by: | Nina Tross, EA, MBA |
Course Level: | Intermediate |
Prerequisite: | General knowledge of identifying and accounting for the purchase of assets, identifying current year deductions and capitalization of certain costs, and knowledge of preparation of Form 3115. |
Advance Preparation: | None |
Delivery Method: | QAS Self Study |
CPE | Credit Hours | Field of Study |
---|---|---|
IRS | 2 | Federal Tax |
NASBA | 2 | Taxes |
CTEC | 2 | Taxes |
This course is designed for tax preparers, tax professionals, attorneys, CPA & EAs
This course addresses the payroll issues that confront for small businesses with employees. Includes proper filing requirements Form 940, 941, and W-2
Learning Objectives After completing the program, participants will be able to:
Written by: | Nina Tross, EA, MBA |
Developed by: | Nina Tross, EA, MBA |
Presented by: | Nina Tross, EA, MBA |
WEBINARS
A web-based live, online course presentation. Webinar is an interactive visual and audio presentation course, hosted by a NSTP Instructor. A great way to interact, submit questions and post comments. The course includes a pre-recorded webinar and may include PowerPoints slides, a PDF textbook or both.
ON DEMAND VIDEO SELF-STUDY
Streaming webinar recording on-demand throughout the year, which is available to watch and learn when and where it’s most convenient. Self-Study on demand is a pre-recorded webinar which includes PDF textbook with section review Q&A, a glossary with definition of the terms and concepts, and an index to quickly find the terms, to help on your studying.
SELF-STUDY
Perfect choice for studying at your own convenience either on your Desktop, Mobile or Tablet. The self-study is a downloadable PDF textbook with section review Q&A, a glossary with definition of the terms and concepts, and an index to quickly find the terms, to help on your studying.
COURSE BOOK
A textbook avaible in an electronic online version (PDF) which is downloadable instantly.
FINAL EXAM
In order to receive CPE for these courses participants must complete the final examination. The minimum passing grade is 70% for CPE credits to be issued. CPE credits cannot be issued if the final exam score is 69% or lower or is not completed within one year of the date of course purchase.
After submitting the final exam you will receive your score immediately. Once you pass the final exam, the certificate of completion will be avaible for download.
Exams that do not meet the minimum passing grade of at least 70% will have three opportunities from date of purchase of the material to pass the exam. If the exam is not completed within one year of purchase of the material no CPE credits will be awarded.
Webinar Registration: It is vital that each individual taking the webinar register under their own name and email. The webinar link will be sent to the email of the registrant. Because the links are unique for each email address, they will not work if forwarded to another email address.
Cancellation: NSTP reserves the right to cancel any program or course for circumstances that are not under direct control of NSTP. If a course or program is canceled, participants will be refunded 100% of their registration fee.
Refunds, Cancellations, Complaints
For more information regarding refund, cancellation and complaint policies, please contact our office at 800-367-8130.
Webinars are Interactive Visual and Audio Presentations
Each participant must answer the poll questions that appear on the screen during the webinar: failure to do so will result in no credits being awarded for that webinar.
There is no support to earn webinar CE by listening on a phone only.
Webinar Audio Troubleshooting
Keep all electronic handheld devices, such as Blackberries or cell phones, away from microphones and speakers.
A USB headset is recommended. If you are hearing an echo, try the following:
If there are delays, words are dropped or you hear robotic sounds:
VoIP users:
Although the NSTP has made every effort to ensure the accuracy of the materials and the seminar presentation, neither the author,the presenter nor the National Society of Tax Professionals assumes any responsibility for any individual's reliance on the written or oral information presented during the presentation. Each attendee should verify independently all statements made in the materials and during the seminar presentation before applying them to a particular fact pattern and should determine independently the tax and other consequences of using any particular device, technique or suggestion before recommending the same to a client or implementing the same on a client's or on his or her own behalf.
Our mission is to provide tax professionals with quality education and resources to achieve excellence.
The National Society of Tax Professionals is the nation's premier organization providing educational benefits to the tax professional community one member at a time.