This course is designed to give practitioners a thorough review of Code Section 1031 exchanges and alternative minimum tax. Practitioners will review the calculation of gain realized, recognized and deferred in a Section 1031 exchange and calculation of basis in the newly acquired property. There will be an in depth discussion of the calculation of alternative minimum tax and the alternative minimum tax credit.
This is a 3 part class consisting of Intermediate Tax Review, RTPR Exam Prep and Ethics. You will receive 8 hours of CPE for the Intermediate Tax Review Course and 2 hours of CPE for Ethics, the IRS does not allow any CPE for the exam prep portion. This was a live 3 day seminar to prepare you to take the RTRP Exam and pass it. There is a text book and a workbook with numerous exams for your practice.
This course covers contributions to and distributions from individual retirement accounts (both Traditional and ROTH). Minimum distribution requirements will be discussed. In addition the additional tax on premature withdrawals will be covered.
This course includes discussion of various topics in Circular 230. Participants will be given sample situations to discuss and apply the rules in Circular 230. There will be an open discussion for each hypothetical situation. Sample Situation: Taxpayer???s are separated and have filed for a divorce which is not yet final. They both want the same tax practitioner to prepare their separate tax returns.
This course is designed to review complications sometimes encountered in dealing with some of the basics of tax law. Topics covered: ??? Medical Expenses ??? Deductible Taxes ??? Interest Deductions ??? Depreciation ??? Business Automobiles ??? Travel and Entertainment Example situations will be presented and solved in class. Heavy emphasis will be placed on record keeping requirements and interview techniques.
This workshop is designed to assist tax practitioners in dealing with the tax consequences of foreclosure and cancellation of debt. The course will include in depth examples on how to properly report forms 1099-A and 1099-C. Also covered is the handling of gains and losses on the sale or disposition of business assets.