Learning Objectives: By taking this course the student will learn how to treat the Economic Impact Payment of a deceased taxpayer, apply the extended Sec 1031 exchange dates, apply the COVID-19 foreign earned income exclusion residency relief, handle the retroactive change to qualified improvement property life from 39 to 15 years, and handle the IRS acquiescence to the Feigh Tax Court opinion allowing excluded Medicaid waiver payments to be treated as earned income for purposes of EITC and ACTC. Also, this course provides the student with awareness of pending legislation that will allow business expenses paid for with a forgiven PPP loan to be tax deductible, the expansion of the employee retention credit, and an overview of the massive 1,800-plus pages HEROES Act. Plus, Q&A from students and the monthly fraud blotter.
CPE Hours: Federal Tax Update = 1 CPE Credit / Total = 1 CPE Credit
Accreditation: CTEC, IRS, Enrolled Agents, NASBA-QAS CPAs
Field of Study: Federal Tax Update
Publication Date: 5/21/2020
Instructional Delivery Method: Group Internet-Based
Advanced Preparation: No Advanced Preparation Required
Speaker: Lee Reams, Sr.
Webinar Material: A copy of the PDF is available for download under the Additional References tab.
Refund Policy: Your complete satisfaction is our #1 priority. At ClientWhys, we do whatever it takes to make sure your expectations are met on every order we complete. We back all of our products with a 30-day no-hassle money-back guarantee. For information regarding refunds, complaints, and program cancellation policies, please contact our Customer Service Department at 1-800-384-1101
Certified Public Accountants: ClientWhys is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
ClientWhys is an approved provider for IRS, NASBA QAS, CTEC and the Oregon Tax Preparer Board providing continuing education for CPAs, EAs, IRS and CRTPs.
Registration: Sign-up online by clicking add to cart above or by phone at 1-800-384-1101