CPAR Taxes

CPAR - 2021/Nov, Seg 4 - Corporate and Individual Tax Updates

Even though the temporary measures established during the pandemic to help businesses and employees are coming to an end, the guidance isn't ending. Barbara Weltman, president at Big Ideas for Small Business, discusses guidance on affording paid sick leave and paid family leave under Notice 2021-53. She also covers potential tax implications with respect to demolitions, foreclosures and debt cancellation, provides tax updates on marijuana businesses and discusses deductibility of expenses and the new Form 7203 for figuring basis for S corporation shareholders.

Learning Objectives:

  • Understand the proper reporting on form W-2 of paid sick leave and paid family leave to employees;
  • Recognize potential tax implications on real estate in the events of demolition, foreclosures and debt cancellation;
  • Identify tax updates on marijuana businesses and deductibility of expenses; and
  • Understand reasons paid preparers may be subject to tax penalties.

Prerequisites/Advanced Preparation:

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

Speaker / Author:


Price (USD)

Standard: $69.90


Course Code : CPAR1542-FM

Release Date : 11/29/2021
Expire Date : 01/13/2023
Credits :
CPE 2.00
QAS 2.00

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

Included In

Returning Subscribers

- OR -