Taxes

How to organize data for efficient return preparation.

New compliance requirements for 2022.

Enrolled Agent Approved

States have started to wage war against FBA sellers for income tax evidenced by PA and CA and we think more states will follow. However, we don’t think it will stop there and believe that states will have a full out assault against the protections to pl 86-272.

When is debt forgiveness a taxable event?

Order of Application of sections of IRC 108

Taxpayer’s obligation to report income

Statute of limitations and Forms 1099

Enrolled Agent Approved

This course is essential for the tax practitioner who wants an advanced update of individual income taxation. This course will provide a more in-depth review of Form 1040 complexities for the 2021 tax year. Included will be a thorough review of all tax codes made by the SECURE Act and the CARES Act. Discussion Leader: Art Werner

This course is essential for the tax practitioner who wants a more advanced version to update their knowledge of business income taxation. This course will provide more in-depth review of Form 1040 complexities for the 2021 tax year. Included will be a thorough review of all tax codes made by the SECURE Act and the CARES Act and any other legislative impacts thereafter.

S Corporations are new targets of IRS exams.

Form 7203 requires information not previously needed.

S corrections are unique

Shareholder transactions require special attention.

Enrolled Agent Approved

South Carolina has more than 50 tax credits – how many do you know about? Discussion Leader: Bill Strickland

We will be reviewing Form 709 and go over considerations a tax practitioner needs to know about Gift Taxes. There may be possible changes in the tax law we need to be prepared to handle. Discussion Leader: Larry Pon

Current developments, cases and rulings.

New forms, New IRS audit guidance giving attention to BBA rules

Discussion Leader: Bill Strickland