CPE & Event Catalog

Related Parties under IRC Section 267. Related Parties under IRC Section 707. Related Parties under IRC Section 1239.

14 day or 10% rule. Basics of rental rules. Vacation home rules. Renting to relatives. Counting days and ordering rules. Depreciation. Personal home converted to rental. Sale of personal residence. Schedule E or C. Short-term rentals.

Importance and role of retirement plan beneficiaries. Types of beneficiaries. Required Beginning Date and Required Minimum Distributions. SECURE Act rules, including the 10-year rule. Spouse vs. non-spouse beneficiary treatment. Trusts as beneficiaries. Distribution rules for inherited IRAs. Planning considerations, disclaimers, and common beneficiary strategies.

Revenue recognition. Topic 606.

Common security weaknesses that occur with hardware and software at home and in the office. Malware, ransomware, data breach, and incident response tips. Internal control failures which result in the theft of assets or unauthorized manipulation of data.

SAS 145. Issues related to IT in an audit.

AGI limits. Roth contributions. Modified adjusted gross income. Designated Roth account. Roth conversions. Early withdrawal penalty tax.

Roth IRAs.

Estates and trusts as eligible shareholders. Form 1120S, Schedule B-1. Grantor trusts. Estate and gift tax treatment. GRAT and GRUT. Beneficiary controlled trusts.

Gains and losses realized. Asset transfer. Stock transfer. Sale of assets. Purchaser's tax consequences. Allocations. Effects of agreement.

Formation of an S Corporation. Tax rules concerning incorporation. Formless conversions and cross-entity mergers. Conversion of limited liability company to corporation or vice versa via state law. Tax treatment of formless conversion of a partnership. Changing tax status without changing nontax status. Options within elective status.

Sale of a profitable business. Special considerations for exiting a troubled corporation. Due diligence concerns. Asset transfer. Stock transfer. Tax-free reorganization.

S Corporation. Distributions. Compensation. Property ownership and usage. Loans back and forth.

Taxation of S Corporations. Form 2553.

Schedule K-2. Form 1116. Foreign Tax Credit. Schedule K-3. Schedule K-2. Schedule K-1.

Tax planning for S Corp. Audit triggers. Compliance regulations. Social security benefits.

Expanding coverage and increasing retirement savings. Preservation of income. Simplification and clarification of retirement plan rules. Technical amendments. Administrative provisions. Revenue provisions. Tax Court retirement provisions.

Fraud risks tied to today's most complex financial instruments.

Comparing the capabilities and costs associated with forms and data collection tools and the different approaches taken by each tool. The benefits and risks associated with using each approach. Examples of how tools can be used effectively, with examples.

The eight behavioral indicators of fraud.