CPAR Taxes

CPAR - 2019/January, Seg.01 - Even More Tax Changes: Getting Ready for Busy Season

Course Overview
Besides issuing regulations on the new tax law, the IRS continues to address a host of issues that will affect the filing of 2018 returns, including the claiming of a hardship distribution by an
individual who suffered a disability. Barbara Weltman, president of Big Ideas for Small Business, brings us up-to-date on a number of recent developments, from the use of qualified small business stock to a very happy ending for a physician who received incorrect information about his partnership earnings.

Learning Objectives:

Upon successful completion of this segment, you should be able to:

  • Identify how the paid preparer’s due diligence penalty was expanded for 2018 returns;
  • Define what “disability” means in the context of the sec. 72(t) exceptions to the 10% early distribution penalties;
  • Explain how taxpayers should file their personal returns if they have received a Form 1099-MISC for an incorrect amount; and
  • Distinguish how architecture and engineering firms are treated for purposes of sec. 1202 small business stock from how they are treated for purposes of the sec. 199A deduction of qualified business income.

Prerequisites/Advanced Preparation:

Work experience in tax planning or tax compliance, or an introductory course in taxation

Speaker / Author:

SmartPros Ltd. is a leader in online and offline continuing education for accounting, finance and engineering professionals. With over 2,000 hours of content, SmartPros has been providing mandatory continuing education products since 1981. SmartPros provides services and content to its professional and corporate clients, in a variety of media including Web, CD-ROM, and video. In the accounting market, SmartPros also has a predominant news and information portal which receives 200,000+ visits per month and provides services to over 100,000 subscribers. SmartPros' customers include 50% of the Fortune 500, as well as the major firms and associations in each of its professional markets.

Price (USD)

Standard: $69.90


Course Code : CPAR1371-FM

Length : 1hr 40min
Course Level : Update
Course Type : Self-Study
Passing Grade : 70%
Format Type : eLearning
Mobile Compatible
Field Of Study : Taxes

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