CPE & Event Catalog
Hands-On Tax Return Workshop - Partnerships & LLCs (Form 1065) WEBCAST
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Your Desk
8.0 Credits
Extensive review of the partnership income tax laws with an emphasis on any new legislative changes. Comparison of partnerships, LLCs and LLPs. Overview the formation of a partnership/LLC and the Sect. 704(c) pre-contribution gain or loss rules. Schedule K analysis. 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 Sect. 704(b) book capital account computations. Discuss partner guaranteed payments and self-employment tax issues. Schedule M-1. Schedule M-2. Review the importance and basics of calculating a partner's outside tax basis. Overview of the tax treatment of distributions, recourse and nonrecourse debt allocations. Sect. 754 election for optional basis adjustments. Sect. 743 and Sect. 734 mandatory basis adjustments.
S Corporation Preparation, Basis Calculations & Distributions - Form 1120S Schedule K & K-1 Analysis WEBCAST
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Your Desk
8.0 Credits
Extensive review of the S corporation tax laws with an emphasis on any new legislation. Review the Form 1120S and discuss how items get reported on the S corporation tax return and flow-thru to the shareholders on their schedule K-1. Analyze the Schedule K-1 line-by-line and discuss where the items get reported on the individual's Federal income tax return and how the items affect the shareholder's stock and debt basis. 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. S corporation formation issues under IRC Sect. 351. Tax ramifications and reporting of distributions at the S corporation level including when the S corporation has prior C corporation earnings and profits. Preparation of the Schedule M-2 and the ordering rules for distributions out of the AAA, PTI, E&P, and OAA accounts.
Interpreting the New Revenue Recognition Standard: What All CPAs Need to Know WEBCAST
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Your Desk
4.0 Credits
5-step process for recognizing revenue.
Depreciation and Capitalization Guide: Optimizing Business Assets WEBCAST
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Your Desk
4.0 Credits
Recent tax legislation, rules and developments related to capitalization and depreciation. Capitalization of tangible property, including materials and supplies, building and improvements. Small taxpayer safe harbor. Section 179, including 2020 inflation adjustment. Section 168(k) 100% bonus deduction. Late bonus depreciation election. Qualified improvement property.
Fringe Benefits & Compensation Planning - Today and Beyond WEBCAST
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Your Desk
8.0 Credits
Fringe benefit planning fundamentals. Strategies tailored for business owners and employees. Navigating IRC Sect. 132 fringe benefit option. Cafeteria plans demystified. Tax management in compensation planning. Understanding the implications of dependent care and educational assistance plans. Implementing flexible spending account plans effectively. Design features and regulations of group term life insurance plans. Medical savings accounts regulations. Financing options for retiree medical benefits. Health care benefits: insured plan vs. HMO comparison. ERISA reporting and disclosure requirements. IRC common control rules. Overview of age and sex discrimination rules.
Stand Out - How to Create a Unique Employer Brand WEBCAST
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Your Desk
1.0 Credits
Employer brand. Talent management. Future of work. Onboarding new hires.
New PCAOB Quality Control Standard Overview WEBCAST
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Your Desk
2.0 Credits
Background of the new PCAOB Quality Control Standard. Overview of the elements of a quality control system. Examples of quality risks and potential responses. Highlights of what is different between the AICPA Quality Management Standard.
Better Forecasts: Be a Better Predictor WEBCAST
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Your Desk
2.0 Credits
Why an open mind and the ability to doubt helps make great predictions. Why it is better to be a fox than a hedgehog. How non-conformists change the world. How to focus on what matters. How to learn from the past without hindsight bias.
K2's OneDrive's Best Practices WEBCAST
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Your Desk
1.0 Credits
Synchronizing your files to your desktop. Working with shared files. Managing different versions of files. Understanding how OneDrive works with OneNote, Teams, and SharePoint.
Group Audits: Who is Responsible for What? WEBCAST
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Your Desk
2.0 Credits
Responsibilities of the group audit engagement team, including the group engagement partner. Clarifying roles and responsibilities of component auditors and reference auditors in audits of group financial statements. Special considerations on audit planning and audit reporting in a group audit.
Partnership/LLC Taxation: Understanding Tax Basis Capital Accounts WEBCAST
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Your Desk
2.0 Credits
Property distributions in liquidation of a partner's interest. Section 751 and its impact on property distributions from a partnership. Mechanics of completing Form 7217 - new for 2024. The Section 754 election and its role in partnership property distributions.
Audit & Attest Quality Matters that Should be on Your Radar - Avoiding Common Deficiencies in SAS, SSARS and SSAE Engagements WEBCAST
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Your Desk
8.0 Credits
Applying professional skepticism to ensure quality work. Meaningful risk assessment when designing work programs for various levels of services. Proper planning and supervision of all engagements. Accountant responsibilities for evaluating internal control. Strengthening analytic procedures to support conclusions. Complying with the Code of Professional Conduct and quality management standards.
Revenue Recognition Topic 606 Contract with Customers - Identify the Contract Part 2 WEBCAST
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Your Desk
1.2 Credits
Revenue recognition.
AI Series Part 2: Future Trends in AI and Software for CPAs WEBCAST
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None
4.0 Credits
AI fundamentals, machine learning subsets, deep learning characteristics, and AI applications in accounting.
Practical Accounting Update WEBCAST
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Your Desk
4.0 Credits
New rules in the accounting arena. SQMS. NOCLAR rules. Cybersecurity. New audit standards.
Real Estate Tax Update WEBCAST
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Your Desk
4.0 Credits
Recent tax legislation, rules and developments impacting real estate owners and investors. Section 179 for qualified real property. Section 179 for non-residential roofs, HVAC fire protection and security systems. Section 163(j) interest expense limitation, including electing out and ADS depreciation. Introduction to opportunity zones.
Global IIA Standards (GIAS) Fundamentals and Domain I and II - PART 1 WEBCAST
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Your Desk
2.2 Credits
Accounting. Internal audit. Internal control. GIAS standards. Internal audit standards.
GAAP Update WEBCAST
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Your Desk
6.0 Credits
Business combinations and consolidations. Lease accounting. Financial instruments - credit losses (CECL). Intangibles, including goodwill. Fair value.