Section 25F Scholarship Granting Tax Credit: Planning and Compliance Strategies WEBCAST
Overview
This course provides tax and accounting professionals with a focused overview of the Section 25F scholarship granting tax credit and its application in client planning. Participants will examine eligibility requirements, qualifying contributions, credit limitations, and interaction with other tax provisions. The course also addresses state-specific considerations, including variations in eligibility, conformity, and planning opportunities across jurisdictions. Participants will learn to evaluate client eligibility, maximize available credits, and ensure compliance while avoiding common pitfalls.
Highlights
Overview of Section 25F and legislative intent. Eligibility requirements and qualifying contributions. Credit calculation and limitations. State-by-state conformity and eligibility considerations. Interaction with other federal and state tax provisions. Compliance, documentation, and reporting considerations. Common pitfalls and audit risks.
Prerequisites
Basic knowledge of individual taxation.
Designed For
CPAs, EAs, tax professionals, and attorneys, as well as other financial professionals involved in tax planning and advisory services.
Objectives
Identify eligibility requirements for the Section 25F scholarship granting tax credit, including relevant state variations. Determine qualifying contributions and applicable credit limitations under. Section 25F Evaluate planning opportunities to maximize the benefit of the credit across jurisdictions. Recognize compliance requirements, including state-specific considerations and common errors.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Arthur Werner, JD,MSTax, Shareholder, Werner-Rocca Seminars Ltd
4.94 stars out of 5 - speaker rating for 2019
“Art Werner is a great speaker. Smart and entertaining.”“Very well done! [Art Werner is] engaging and answered questions.”
“Great use of examples [by Art Werner], made the day fly by.” - past attendees Art Werner is currently a shareholder in and is the President of the lecture firm Werner - Rocca Seminars, Ltd. Mr. Werner’s areas of expertise include business, tax, financial, and estate planning for high net worth individuals. In addition, Mr. Werner is an adjunct professor of taxation in the Master of Science in Taxation program at the Philadelphia University located in Philadelphia, Pennsylvania. Mr. Werner received his B.S. in Accounting and his M.S. in Taxation from Widener University. He holds a J.D. in Law from the Delaware Law School. Mr. Werner lectures extensively in the areas of Estate Planning, Financial Planning, and Estate and Gift Taxation to Certified Public Accountants, Enrolled Agents, Insurance Agents, and Financial Planners, and has presented well in excess of 2,000 eight-hour seminars over the past 20 years. Over the past 20 years, Mr. Werner was rated as having the highest speaker knowledge in his home state of Pennsylvania by the Pennsylvania Institute of Certified Public Accountants, was awarded the AICPA Outstanding Discussion Leader Award in the State of Nevada, the Florida Institute of CPAs Outstanding Discussion Leader Award, and the South Carolina Association of CPAs Outstanding Discussion Leader Award.
Non-Member Price $119.00
Member Price $89.00