UPDATED TEXT INCLUDING LAST-MINUTE LEGISLATION

Attendees of our "Update for 2019 Returns" seminar can download an updated version of the book by clicking on the link below. New version includes NEW LEGISLATION and changes through January 20, 2020. (The password to open is on the back of the front cover of the book you received in class.)

Update for 2019 Returns edited 1.16.20 (pdf)

Download

2-hour recorded seminar available!

last-minute 2019 changes

Extenders, Disasters, & SECURE

The two budget bills enacted late in 2019 included important tax legislation that will affect not only taxpayers' 2019 returns, but also their 2018 returns! Our 2-CPE recorded seminar will help you quickly grasp all the changes you need to know about in order to correctly prepare 2019 returns and advise taxpayers when amended 2018 returns are advised, as well as get you ready for the retirement plan changes that will begin to affect your clients in 2020. 


$89 includes .pdf of text and recorded audio presentation

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computer overrides for e-mail & phone #

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Following are settings instructions to eliminate printing of e-mail address & phone # on 1040s.

Lacerte

>Settings

>Master Options

>Federal Tax Options

>5th line down is "Daytime Telephone Number" -- suppress

>Near bottom of list is "Email Address" -- suppress

Drake

>Setup

>Options

>Optional Items on "Return" tab

>In upper left check or un-check the choices to print on the return

Update for 2019 Returns

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Not just theory! Real life application!

Things you'll learn...

  • Complete coverage of IRS & CA forms
  • New forms with real-life examples to show you how to complete them
  • Line-by-line calculations on new forms & worksheets
  • CA's NEW partial conformity  - Which provisions did they conform to and when
  • CA adjustments calculated and illustrated on Form 540 Sch CA 
  • CA's NEW health insurance individual mandate
  • Latest news about the Tax Cuts and Jobs Act - And what your software is getting wrong!
  • NEW 199A forms (IRS decided 2018 worksheets were not a good idea…)
  • QBI review, including handy quick look-up list of specified service businesses
  • Rentals - Whether they qualify for 199A deduction, how passive losses impact QBI, how to tax self-rentals to specified service businesses, and more...
  • NOLs - New usage rules, and simplified way to calculate carryover amount
  • State tax refunds - Why most are NOT taxable!
  • Home mortgage interest - Some interesting questions that have arisen
  • Office in home - IRS's crazy way to complete form when interest and taxes are over limits
  • Depreciation, aggregation, Opportunity Funds, cars and more...
  • Case studies – Client documents to completed tax return
  • Court cases, revenue rulings, and more...
  • Dynamex - Who will have to become an employee in 2020, which professions are exempt, and a form letter explaining the new rules to your clients
  • Worksheets, flowcharts, and checklists to help you keep it all straight
  • Free FAST FACTS reference card!
  • And much, much more...
  • Information you can use in the REAL WORLD!

 


Only $259

Self-study Course is available now!



8 hours CPE credit 


need more cpe?

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CA Update for 2019 Returns - 5-hour CA CPE self-study - Just $50

Our “Update for 2019 Returns” book that we will use in our update seminar covers CA conformity (or lack of it) immediately following each federal topic, but we do not award any CA CPE hours for this course (we award 8 federal hours). In this self-study course you will go back through the "Update for 2019 Returns" text and take a more thorough look at CA issues.

· Review CA’s electronic payment requirements

· Determine areas where CA does not conform to federal law

· Use CA’s higher mortgage interest limits

· Know how CA taxes capital gains

· Review CA's new process for amending a return

· Review CA’s Other State Tax Credit

· Recall details of the CA Mental Health Services Tax   


Add this item when you register for the "Update for 2019 Returns" seminar.


 A 25-question assessment test must be completed with a score of at least 70% in order to receive CPE credits. 


CTEC course #1008-CE-1101

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Review of Prior Year Update - 8 add'l hours federal CPE - Just $80

We never have enough time during the Update seminar to cover all the material in the book, which includes many items that changed in recent prior years. This self-study course covers material we skip in the live classes, and it includes a 3-hour recording to guide you through material we did not cover in the live seminars (available mid-December). Things you’ll learn include:

· Determine if HOH & dependency issues changed by prop regs benefit your clients

· Correctly reporting virtual currency transactions

· Advising clients on student loans eligible for discharge and the tax consequences

· Using daily netting of gambling wins and losses to lower tax liability

· Using education credits to a client’s best advantage

· Allocating premium assistance between family members to get best Premium Tax Credit

· Reporting child's income to result in the lowest possible tax    


 Add this item when you register for the "Update for 2019 Returns" seminar. 


A 40-question assessment test must be completed with a score of at least 70% in order to receive CPE credits.

   

Program #s

IRS

CTEC

Refer your friends! Earn $25!

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We like to meet new people! We need your help to do that!

We appreciate it when you tell others about our seminars, and we will  thank you by sending you a $25 check for each friend who attends  one of our live seminars for the first time.


Just have your friend enter your name in the "I was referred by..." box at checkout.  After they attend we will send you a check for $25.  It's that simple!


Thank you for spreading the word!

Continuing Education Credit

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This seminar has been designed to meet the requirements for 8 Federal Update continuing education hours for EAs, CRTPs, and CPAs. We have entered into an agreement with the Office of the Director of Practice, Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, Section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors and length of class hours. This agreement does not constitute an endorsement by the Director of Practice as to the quality of the program or its contribution to the professional competence of the enrolled individual. 


 Program numbers

 IRS UD2VU-U-00064-19-I

 IRS UD2VU-U-00064-19-S self-study

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This seminar has been designed to meet the requirements for 8 hours of Federal Tax Law for the California Tax Education Council. This does not constitute endorsement by the CTEC as to the quality of the course or its contribution to the professional competence of the preparer. 

 
For more information regarding administrative policies such as complaints or refunds, contact Brass Tax at (858) 487-2553.  


 Program numbers

CTEC 1008-CE-1090

CTEC 1008-CE-1091 self-study

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Brass Tax Presentations is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of Accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org. 

NASBA Program ID # 142999

 This seminar is designed to meet the requirements for 8 hours of continuing education for the California Board of Accountancy. Level: Update. Field of study: Taxes. Delivery method: Live seminar. Prerequisites: None. Knowledge level: Intermediate. Advance preparation: None.

 
Brass Tax Presentations is not registered with NASBA for self-study courses. 

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 Certified Financial Planner Board of Standards Inc. (CFP Board) owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, CFP® (with plaque design), and CFP® (with flame design) in the U.S., which it authorizes use of by individuals who successfully complete CFP Board's initial and ongoing certification requirements. 


We are recognized by CFP as qualified providers of continuing education for its members.


CFP Program ID # 262727