Taxes

This course will review the details of the recently passed Taxpayer Certainty and Disaster Tax Relief Act of 2020, including:

• Qualifying companies – aggregation rules, full-time employee limitations
• Qualifying wages – healthcare costs
• Reporting requirements and refunds
• Interaction with PPP loans, including the difference between the 2020 and 2021 credit rules and calculations
• Understanding how companies can immediately benefit from this valuable refundable tax credit
• Government shutdown orders
• Discussion of items from Notice 2021-49

Discussion Leader: Ian Williams

The Final Tangible Property Repair Regulations are in full effect, yet many taxpayers are not in compliance or are missing opportunities to take full advantage of these new rules. This session covers compliance requirements as well as potential tax planning strategies on both a retroactive and prospective basis. Our presenter will also go over in-depth examples and real-life case studies. Participants will be better able to identify tax saving opportunities and be in compliance with these new regulations. Discussion Leader: Winston Shurtz

In this webinar, eCommerce expert Michael Fleming will review the basics of sales tax nexus, income tax nexus and then describe the differences between the two. Sellers, whether they are traditional brick and mortar, eCommerce, or a combination of the two,
plus their CPAs are concerned about the income tax implications of registering for sales tax.

This session is especially of interest to business owners and their legal advisors who guide them through the maze of tax changes for online sellers. Discussion Leader: Michael Fleming

This course will cover the fundamentals of the Research and Development (R&D) Tax Credit. Topics include history and recent developments, project qualifications, calculating the benefits, the chronology of a typical project, and common issues. Each year hundreds of companies are taking advantage of the credit to increase their bottom line. It’s time to learn how you can benefit! Discussion Leader: Jessica Bowen

In this webinar, state tax expert Michael Fleming will review what to do after you have determined where you have a link or connection with a state called nexus. Determining nexus is just the first step in determining if you or your client should register to collect tax. Sometimes there is no requirement to do anything even when you have nexus. If there is a requirement to register to collect tax, how should you register? There are options. How about after registration? What other factors should be considered as rates, taxability returns. When does it make sense to use software? Are there any pitfalls? Discussion Leader: Michael Fleming

Discuss levels of confidence and acceptable documentation for tax return positions. Mistakes can add significant penalties to tax liabilities. Discussion Leaders: E. Lynn Nichols and Ian Redpath

When should a pass-through entity elect to pay tax at the entity level? Is it a good idea or not? Discussion Leader: J.W. “Bill” Strickland

Foreclosures, short saves, re-negotiated debt…All can result in taxable income if not properly planned and executed. Recent economic roller coaster has created more debt adjustments than anytime in history. Discussion Leader: E. Lynn Nichols

Sales tax is consistently evolving and the need for a basic understanding of sales tax strategy is more important than ever. Discussion Leader: Michael Fleming