CPAR Taxes  |  Format: Flash

Preparing Your Clients for This Year's Filing Season

Course Overview
As tax advisers increasingly focus on preparing their clients for changes in their 2018 tax liability, this is also the season when we increasingly look to the IRS for regulatory guidance on those changes that were produced by the Tax Cuts and Jobs Act. In addition to reviewing section 199A and other troublesome sections of the new tax code, Terri Lawson � partner-in-charge of tax at the firm of Frazier & Deeter, LLC � highlights how tax advisers may be able to moderate the high level of expectations that their clients are holding about this year �s tax savings.

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

  • Identify programs in Georgia that provided a state tax credit as well as a charitable contribution deduction for federal purposes;
  • Identify how the understatement threshold for accuracy-related penalties was lowered in 2018;
  • Explain the good news for bonus depreciation in connection with tangible property for 2018; and
  • Distinguish between the way that business entertainment is treated for federal tax purposes from the deductibility of business meals.

    Catalog Number: CPAR1373-FM
    CPE Credits: 2 Registry / 2 QAS
    Author: CPA Report
    Advanced Preparation:
    Work experience in tax planning or tax compliance, or an introductory course in taxation
    Course Level: Update
    Field of Study: Taxes
    Content Partner: CPA Reports Online
    QAS: QAS Certified based on 50 minute hours.
    Course Type: Self-Study
    Minimum Passing Grade: 70%
      You are allowed 2 attempts to pass the final exam in a 30 day period. You will be locked out of the final for 30 days after any second failure.
    Soft/Hardware Reqs.:  Adobe Acrobat® Reader for the .pdf files
     Adobe® Flash® Player 9 or higher
     56k or Greater Internet Connection
     Modern DHTML Compatible Browser
     Ram: 256 MB minimum
     Sound card with speakers/headphones
     Windows or Mac OS
    Release/Expiration Dates: Feb 25, 2019 / Apr 08, 2020