CPAR Taxes

CPAR - 2018/September, Seg.01 - Does New IRS Guidance Mean New Taxpayer Options?

Course Overview
As the IRS finally begins to release guidance on some of the tax changes produced by the Tax Cuts and Jobs Act, Barbara Weltman, president of Big Ideas for Small Business, brings us up-to-date on a number of Service initiatives that will affect your clients' 2018 tax liability. Besides focusing on the IRS, she reviews recent controversies from the courts involving the classification of income as capital gains and the deduction of parsonage allowances.

Learning Objectives:

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

  • Explain the impact of the suspension of miscellaneous itemized deductions on estates and non-grantor trusts;
  • Identify how the paid preparer's due diligence requirement has been expanded for 2018 returns;
  • Distinguish how the Work Opportunity Credit is used by not-for-profit organizations from how it is used by commercial enterprises; and
  • Define how the parsonage exclusion may be affected by a court challenge.

Content Partner:

CPA Reports Online

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.

Software & Hardware Requirements:

  • 56k or Greater Internet Connection
  • Adobe Acrobat® Reader for the .pdf files
  • Adobe® Flash® Player 9 or higher
  • Modern DHTML Compatible Browser
  • Ram: 256 MB minimum
  • Sound card with speakers/headphones
  • Windows or Mac OS

Price (USD)

Standard: $69.90


Course Code : CPAR1351-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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