Identification: NTA2017
The COVID-19 world presents it own set of ethical and professional conduct in the tax arena. In addition, AICPA is moving forward with an update, revision and expansion of the Statements on Standards for Tax Services (SSTSs) that govern ethical conduct of CPAs in the area of tax practice. The speakers will discuss the current ethical challenges in tax practice and the progress and future impact of the proposed changes to the SSTSs.
Identification: NTA2018
A refresher on certain historical loss limitations and an update on recent changes to new loss limitations, as applied at the individual taxpayer level.
Identification: NTA2019
We will look at the current technology trends impacting the tax profession especially given the Covid-19 pandemic. Developing or modifying procedures in order to effectively and efficiently operate virtually. Review data of security measures.
Identification: NTSP20201
Chris Hesse (Chair of the AICPA's Tax Executive Committee) and the AICPA Tax Policy & Advocacy team will discuss how the AICPA's advocacy efforts resulted in guidance helpful to taxpayers and CPAs.
Identification: NTSP20202
Do not miss this opportunity to learn more about, or take a refresher, on how to do tax research in your practice to defend certain tax positions. This session will focus on how to perform tax research using free resources that are available online. In this webinar, we will show you how to sort your findings based on the hierarchy of primary and secondary tax law authority. Attendees will be shown various websites that can be utilized to do the research, how keywords are used to narrow down the different findings, and which professional guidelines to keep in mind when assisting your clients. After this webinar, attendees will be more equipped to defend the tax position they have taken on their client's tax return or while defending the client during an audit.
Identification: NTSP20203
With the inclusion of a virtual currency question on the front and center of 2020 Form 1040, cryptocurrencies are heading mainstream. It is important that practitioners know how to help clients who check "yes" for this question. This session will give you a high-level, non-technological understanding of the history of cryptocurrencies and the taxation of common cryptocurrency related transactions. This session also covers current developments surrounding this topic, such as the inclusion of the virtual currency question on the front of Form 1040, how to successfully navigate through tax notices (CP2000, Letter 6173, Letter 6174 & Letter 6174-A) and tax planning opportunities.
Identification: NTSP20204
During this session attendees will learn 10 tax saving opportunities that can be utilized to generate and retain cash for their real estate clients. These ten opportunities include but are not limited to UNICAP & Construction, Sec. 179 & Related Parties, Rock, Paper, Scissors - picking the right approach & more. Given the CARES Act change to NOLs and the significant role NOLs can play in increasing cashflow and helping to mitigate financial distress, these 10 opportunities you will learn will be essential for tax planning purposes.
Identification: NTA2020
Take a deep dive in the advanced concepts of partnership taxation in order to provide your clients with valuable advice and tax planning strategies, updated with the most recent legislation and IRS guidance affecting partnerships and LLCs.
Learn more about capital account reporting, special allocations, liquidating and non-liquidating distributions, property basis calculations under various scenarios, and sales of a partnership interest.
Identification: NTA2021
This session will be a high level review and update on certain hot topics in the International Tax arena including
-GILTI
-FDII
-Foreign Tax Credits, and
-Taxation of the Digital Economy
Identification: NTA2022
Explore the impact of recent tax legislation and newly issued regulations impacting partnership taxation, including the recently issued proposed regulation for carried interests under Sec. 1061.
Dig into CARES Act provisions with an impact on partnerships, including changes to the Sec. 163(j) limitation on deduction on business interest expense.