other on-demand webinars & self-study

Is this you? You’ve taken classes about like-kind exchanges and think you know the concepts, but when it comes time to actually enter the transaction into your software you suddenly feel lost. It’s not your fault! To complete like-kind exchange calculations you really only need 6 numbers:   

• FMV of the relinquished property
• FMV of the replacement property 
• Basis of the old property 
• Loan on the relinquished property
• Loan on the replacement property
• Total expenses from the settlement statements   

You know where to get all those numbers, right?  So why does your software make it so hard?!? And when a client asks about the tax ramifications of doing a like-kind exchange does it take you hours to run all the possible scenarios?  In this class, a simple worksheet and a checklist to lead you through the process will solve both of these problems for you, and you will gain a new understanding of the basic concepts, which will allow you to quickly provide your clients with accurate advice about the outcome of their planned exchanges. 

All self-study courses are delivered electronically. 

 IRS course # UD2VU-T-00076-19-S

CTEC course # 1008-CE-1104

Updated October 2019 

Have you ever had a client who was not depreciating their rental property? Or one who was depreciating the land as well as the building?  The Form 3115 is the way you must make corrections in these types of situations. Many preparers had their first exposure to Form 3115 when they filed one for a client who was affected by the new personal property regs issued in 2014. Most of those taxpayers were able to file a "Short Form 3115", but in other situations where filing a Form 3115 is beneficial to a client, you must complete the entire 8-page form. We'll dissect this complex form line-by-line and determine what all that incomprehensible language means. More importantly, you’ll get some valuable templates and learn some amazing shortcuts that will help you complete this 8-page form in just minutes. 

All self-study courses are delivered electronically.

No audio is included with this course.

IRS course # UD2VU-T-00072-19-S

CTEC course # 1008-CE-1100

Updated October 2019 

Business income qualifies for the QBI deduction,  but what about the sale of business assets?  Does that income qualify for the QBI deduction?  You need to fully understand the Form 4797 to determine which income qualifies for this valuable new tax benefit. 

IRS:  UD2VU-T-00077-19-S

CTEC:  1008-CE-1105

Updated December 2019  

Is this you? You’ve taken classes about like-kind exchanges a

Have you ever had a client who was not deprecia

  Reviewing cases prosecuted by the Justice Department is an interesting way to review some of the rules in Circular 230 and the penalties that can be assessed against tax preparers. Some of the issues covered in this 2 CPE on- include:

• Falsifying tax returns
• False advertising
• EFIN fraud
• Preparer penalties and who is subject to them
• Non-signers exposure to preparer penalties
• And much more...

This self-study course provides two hours of Ethics continuing professional education (CPE) for tax practitioners.  Subjects include disciplinary sanctions imposed on tax practitioners by the Office of Professional Responsibility and cases brought against tax practitioners for failing to file federal tax returns or remit funds for payment of taxes, assisting in the understatement of tax, executing tax fraud, asserting frivolous positions, and aiding and abetting another person to practice before the IRS during a period of suspension.  

All self-study courses are delivered electronically.

No audio is included with this course.

 IRS course #UD2VU-E-00098-20-S

    CTEC course #1008-CE-1127

Updated September 2020 

This course provides two hours Ethics continuing education (CPE). Subject matter includes information about requirements to obtain a preparer tax identification number (PTIN), eligibility for enrollment to practice before the IRS, conduct in representation, violations of regulations, and disciplinary proceedings.  

All self-study courses are delivered electronically.    

No audio is included with this course.

 IRS course #UD2VU-E-00100-20-S

CTEC course #1008-CE-1129

Updated September 2020 

This course provides 2 hours of Ethics continuing professional education (CPE) to enhance understanding of rules that apply to disclosure and use of client tax return information by a tax return preparer. Subject matter includes allowable disclosure and use, as well as the wording and manner of obtaining mandatory consents from clients to disclose or use their tax return information.

All self-study courses are delivered electronically.

No audio is included with this course.

 IRS course #UD2VU-E-00099-20-S CTEC course #1008-CE-1128

Updated September 2020