Understand the complex tax challenges created by today’s mobile workforce and multi-state operations. This course provides practical guidance on residency determinations, state sourcing rules, and withholding obligations to help you manage compliance and reduce client risk.
Exploring Client Advisory Services – Business Income Tax Basics (LITX65/27)
The Internal Revenue Code is just a different world! While most business school graduates learn basic GAAP or IFRS accounting principles, the tax world feels very foreign – because so many rules are different. For example, how do you depreciate assets if we don’t estimate their useful lives? Also, when do we need to file a tax return for a flow-through entity if they don’t actually pay any taxes? And when are estimated tax payments required? In this course, we will be exploring some basic principles for filing and paying business income taxes. If you are new practitioner or someone who is going out on your own for the first-time, and you find yourself intimidated by all of the income tax rules and compliance, we have you covered!
South Carolina Tax Update (Core) (LITX09/27)
Stay current on the latest South Carolina tax law changes that impact individuals, businesses, and practitioners. This core update provides clear, practical guidance on new legislation, conformity issues, and compliance considerations you need to advise clients with confidence.
Tax Planning: Charitable Giving, DAFs & Documentation (LITX08/27)
Navigate the tax advantages of charitable giving with confidence while avoiding costly compliance mistakes. This course covers effective use of donor-advised funds (DAFs) and the documentation requirements CPAs need to support deductions and withstand IRS scrutiny.
Understanding Partnership Taxation – Debt Allocations (LITX07/27)
How debt is allocated to the partners in a partnership is important. It dictates how much money may be taken tax-free as a distribution, the losses that flow down to the partners, and the gain or loss on the sale of a partnership interest. However, the allocation of debt can differ depending on the type of debt that it is and the type of partner we are talking about. Not to mention that 704(c) can complicate things. And what in the world is a constructive liquidation scenario? In this session of Understanding Partnership Taxation, we will tackle the concept of debt allocations – how you do it, what it means, and why you do it!
Understanding Partnership Taxation – Basis & Contributions (LITX04/27)
Calculating partnership basis is one of the most important things that we do as practitioners. However, it is also one of the most confusing. When we use the term basis, we really could be referring to one of three different things! This course will explore the differences between inside basis, outside basis, and 704(b) basis. Through several examples and practice problems, we will show you how to easily distinguish between these terms. We will also explore the tax implications of initial contributions of property to a partnership.
Keeping Up with the Tax Code – 2nd Quarter Federal Tax Update for Businesses (LITX61/26)
Being a tax practitioner over the last few years has been tough! The tax landscape is constantly changing and this shows no signs of slowing down! Now more than ever, you need more than just new code sections hurled your way. You need to have a reliable way to stay on top of not only new tax legislation, but also know about areas of focus from the IRS, emerging topics, and current industry thinking on important issues. In our quarterly federal tax update series, we will be addressing not only new regulations, but also hard to navigate areas for practitioners. In June 2026, through discussion and easy to follow examples, we will help you to stay current and be ready to tackle the most pressing client questions throughout the year – not just at the end of the year!
Enrolled Agent Approved
Tax Talks with Bill: Summertime and the Tax Planning is Easy (LITX60/26)
What tax pointers can you you’re your clients at a mid year meeting or follow up call?
Mid-year tax planning strategies for individuals and businesses.
Enrolled Agent Approved
Keeping Up with the Tax Code – 2nd Qtr Federal Tax Update Individual (LITX59/26)
Being a tax practitioner over the last few years has been tough! The tax landscape is constantly changing and this shows no signs of slowing down! Now more than ever, you need more than just new code sections hurled your way. You need to have a reliable way to stay on top of not only new tax legislation, but also know about areas of focus from the IRS, emerging topics, and current industry thinking on important issues. In our quarterly federal tax update series, we will be addressing not only new regulations, but also hard to navigate areas for practitioners. In June 2026, through discussion and easy to follow examples, we will help you to stay current and be ready to tackle the most pressing client questions throughout the year – not just at the end of the year!
Enrolled Agent Approved
Client Advisory Services Tax Update – Spring 2026 (LITX06/27)
CAS professionals are an integral part of the operations of any CPA firm. As such, they must stay on top of changing tax law. In this course we will explore tax changes in the areas that CAS professionals are involved with – information reporting, payroll tax issues, and tax credit and deduction documentation. We will also discuss relevant changes on individual and business tax returns, so that CAS professionals will be able to better assist clients with tax needs throughout the year.
