2-Day Federal Tax Update with Ron Roberson - HYBRID

Overview

This hybrid event allows for your choice of in-person or virtual attendance. On-site numbers are capped at 65, with priority for KyCPA members. If you prefer to attend in-person, please REGISTER EARLY. 

PLEASE NOTE:  We understand that plans can change. If you are registered for in-person attendance but need to switch to online, please inform us at least 7 days before the event. This is due to catering arrangements made within that time frame. Failing to notify us within 7 days will incur a $100 switch fee.

Printed manuals are available for purchase before November 20. These can be shipped to virtual attendees or available on-site for in-person attendees.

This no-frills course has been designed to review all changes affecting for-profit taxpayers, combining the individual update with the business update without all of the planning and compliance discussion available in the more specialized updates. Just the facts without the frills! Updated throughout the year for up-to-the-minute changes and court cases, the FTU-Ind/Bus course will keep your attendee in the loop for the latest changes.

The course has been updated for the effects of the end-of-2019 Secure Act, both March 2020 tax bills, and Both PPP and PPPFA Bills, with in-depth discussion and examples of those changes! 2020 changes are all coming together with 5 different bills into a massive year of tax changes.

Thank you to our sponsor: AssuredPartners

Prerequisites

1 year tax preparation experience

Objectives

Upon the completion of this course, you will be able to

• Apply the latest tax law changes to the current Form 1040/1120/1120S/1065 tax returns you prepare
• Properly use many federal tax provisions prior to their expiration date
• Determine if your clients had job related business expenses
• Determine if your clients had any work related education expenses
• Summarize the various methods of accounting that are available
• Advise clients on how to properly account for inventory
• Determine when a change in accounting method has occurred, when IRS approval is needed and when it is not needed, and what situations qualify for automatic approval.

Highlights