Taxes

Answering clients’ tax questions accurately and on time is a key challenge for tax practitioners. Through simple, plain language explanations and examples, this course will help practitioners perform tax research more efficiently by describing the structure of the primary sources, highlighting the difference between primary and secondary sources and describing the steps in the tax research process. Discussion Leader: David Peters

The sheer number of sources of tax law can be overwhelming when you are first starting off as a practitioner. How do you differentiate between each one? What does each of them do? And what happens when there are conflicts between them? Through simple, plain language explanations and examples, this course gives the new practitioner an introduction total law. It talks about the types of primary authority and how they interact with each other. Discussion Leader: David Peters

This program focuses on preparation of Form 990 for tax-exempt entities and the most commonly applicable Schedules. Included is some discussion of Forms 990EZ, 990-N and 990-T. Discussion Leader: Ian Redpath

The last year has been full of surprising shifts, from increasing inflation and talent shortages to the rise of artificial intelligence. These shifts have all had an impact on tax policy. Learn how changing consumer and technology trends are shaping the future of tax legislation and how it may affect your 2024 tax obligations. Discussion Leader: Sc

Transfer pricing is widely considered the most contentious tax issue for multinational companies. In this practically-focused seminar, our transfer pricing economist provides insights on the fundamentals of US and international cross-border pricing rules. He also reviews practical strategies that companies and their advisors can utilize to assess transfer pricing risks and opportunities, based upon 25-plus years of US and international transfer pricing experience. Discussion Leader: Alex Martin

During this course, CPAs will be educated on the different rehabilitation credits that South Carolina offers that can be used by individuals, corporations, and partnerships to reduce their state tax liability. We will walk through a project example to learn how the credits are properly earned. The course will also provide an overview of credit syndication and how different entities can take advantage of this offering. Discussion Leader: Matt Zackon

To keep pace with the evolving tax profession, the updates to the AICPA’s Statements on Standards for Tax Services (SSTSs) will guide tax practitioners into the future and help them enhance their services and maintain their professional edge. Learn more about the goals, timeline, and FAQs for the proposed revisions. Discussion Leader: Ian Redpath

Tax law and rules for compliance can change and require the practitioner to know the change in order to provide the best service to a client. The monthly “Nugget” includes information on court decisions and IRS rulings our experts know should be shared with the client depending on you to avoid trouble and to take advantage of opportunities for reducing the tax bill. Discussion Leader: Ian Redpath

Beginning on 01/01/24, many companies in the U.S. will have to begin reporting info about their beneficial owners (the individuals who ultimately own or control the company). Most of our clients must report, else face monstrous penalties for failure to do so.

The rules create a beneficial ownership information reporting requirement designed to make it harder for bad actors to use shell companies to hide their ill-gotten gains. Our clients are not bad actors, nor are their tax representatives (you and me).

However, we legitimate tax advisors and our clients have major new problems on our hands if we don’t learn the new rules and react intelligently in response. There’s no hiding our heads in the sand on this one. Discussion Leader: Bradley Burnett

Part 1 of 2: This course is essential for the tax practitioner who wants to update their knowledge of individual income taxation. This course will provide a comprehensive review of Form 1040 complexities for the 2023 tax year.

Stay up to date with the ever-evolving realm of individual income taxation in this essential course tailored for tax practitioners seeking to enhance their knowledge. This course offers an in-depth review of the complexities surrounding Form 1040 for the current tax year. Delve into the recent changes and updates within the tax code, providing you with a comprehensive understanding of the shifting tax landscape. Discussion Leader: Art Werner