Accounting Methods

Zoom IL

The course explains the rules for using cash or accrual methods, special reporting rules, with examples, for revenues and expenses, inventory rules, and how to change accounting methods under Rev. Roc. 2022-14.It also provides a short review of tax year ends.

$120 – $140

Long Term Care Insurnace

Zoom IL

We explain the tax deductions associated with long term care insurance as well as the requirements to make the benefits tax-free, average costs of policies and variable factors to consider.

$80 – $95

Intro to Social Security

Zoom IL

Lecture presentation plus accompany power point slides. This course provides an overview of Social Security and Medicare benefits and taxability. Because Social Security benefits are such an important piece of a retiree’s income tax situation we make sure that the student has a rudimentary understanding of benefit types for workers, spouses, widows/widowers, ex-spouses and dependents Continue reading "Intro to Social Security"...

$120 – $140

Depreciation & Amortization

Zoom IL

Lecture presentation plus accompany power point slides. The course reviews depreciation in general and then explains basis, lives and methods. It is followed by detailed discussions of Sec. 179, bonus and luxury property and the related qualification rules and limits. It concludes with similar examinations of amortization, depletion and fixing errors.

$120 – $140

Education Deductions & Credits

Zoom IL

Lecture presentation plus accompany power point slides. This course explains all education savings programs, tax deductions, compliance rules and reporting for 529 plans, Series EE Bonds, American Opportunity and Lifetime Credits, employer assistance programs and student loan interest deductions.

Free – $120

IRAs, ROTHs, and Coversions

Zoom IL

Become an expert in knowledge and practice of retirement investment taxes, including changes from Covid-19 legislation with the 3-credit-hour IRA’s, Roths, and Conversions TaxSpeaker course! During this 3-hour course, attendees will learn strategies and methods for investing in an IRA account, including the comparisons between different types of retirement accounts and how to withdraw funds Continue reading "IRAs, ROTHs, and Coversions"...

$150 – $175

Retirement Distributions, Penalties & Inheritances

Zoom IL

Master a well-rounded understanding of retirement planning and distributions during TaxSpeaker’s Retirement Distributions, Penalties, and Inheritances course! This 2-credit-hour course equips tax professions with practical wisdom to navigate the world of retirement finances. This includes teaching on the identification of the five rules for withdrawal from qualified plans, the definition of a stretch IRA, and Continue reading "Retirement Distributions, Penalties & Inheritances"...

$120 – $140

Business Pension Plans

Zoom IL

The course reviews the rules for pension plan credits, top-heavy and discrimination tests, defined contribution plans, SEP-IRAs and SIMPLE-IRAs as well as ROBS issues.

$150 – $175

Exit Strategies

Zoom IL

Designed to provide guidance to buy, sell, merge, grow or add partners to an accounting firm.

$120 – $140

Surtaxes

Zoom IL

We discuss what the Medicare and Net Investment Income surtaxes are, what income is subject, what income is exempt, how to calculate the surtaxes and tax planning for reducing the surtaxes.

$80.00 – $95

Entity Conversions

Zoom IL

This course explains the tax compliance and filing requirements of most types of conversions to and from sole proprietors, SMLLC, MMLLC, S Corporations and C Corporations

$120.00 – $140

Estate & Gift Tax Update

Zoom IL

We review 2022 rules for estate and gift tax including exemptions, 709 & 706 filing requirements, gift splitting and the unused exemption deceased spouse election

$80 – $95

Commercial Members