Update for 2020 Returns
Not just theory! Real life application!
Things you'll learn...
· Complete coverage of IRS & CA forms
· Latest news about the CARES Act, SECURE Act, Families First Relief Act, Disaster Act, and more...
· Reconciliation of advance payment (rebates) to stimulus credit
· How does PPP discharge affect tax return? Are expenses paid with loan proceeds deductible?
· New forms with real-life examples to show you how to complete them
· Line-by-line calculations on new forms & worksheets
· CA adjustments calculated and illustrated on Form 540 Sch CA
· Case studies – Client documents to completed tax return
· Court cases, revenue rulings, and more...
· Worksheets, flowcharts, and checklists to help you keep it all straight
· 400+ page digital manual
· Free FAST FACTS reference card!
· NEW Free CA nonconformity reference card!
· Information you can use in the REAL WORLD!
· 8 federal tax update CPE credits after completion of 40-question assessment test with a score of at least 70%
"Update the Update" webinar included free
Get all the latest changes and updates right before tax season starts!
This webinar including the latest information about the Consolidated Appropriations Act of 2021 and much more will also be delivered to you electronically immediately upon your purchase.
tax stuff you thought you knew - supplement to update
Available to purchasers of "Update for 2020 Returns" only!
There are so many new topics this year that we did not have time to review any topics from the last couple years. Preparers often still have questions about topics from prior years or might not fully understand some issues, so we created this supplement to our Update webinar.
This 4-CPE on-demand webinar discusses topics that were new in recent years, covering details that we often get questions about and bringing you up-to-date on any recent guidance issued on these topics.
Some of the topics covered include:
- Parking lot expenses you should NOT be deducting
- Education credits and benefits you are missing
- QBI on rental properties
- QBI deductions your clients were entitled to that you didn't claim
- Entertainment expenses that are still deductible
- Why many high-income doctors, investment advisors, and other specified service businesses are entitled to a 199A deduction that you overlooked
- How to tell if your software is handling passive losses from prior years incorrectly
- What are Opportunity Funds and how can your clients benefit from them
The more you learn the more you realize you don't know, and we think you will find a return or two that you will want to amend after completing this webinar.
IRS: UD2VU-T-00110-20-S
CTEC: 1008-CE-1136
4 HOURS CPE
PLANS IN LIGHT OF COVID-19
Our "Update for 2020 Returns" is provided digitally.
On-demand. Complete the course on your schedule!
Our on-demand webinar will allow you to take the class whenever it is convenient for you, either all at once or a little bit each day.
If you have any problems accessing the course, our staff will walk you through it step-by-step.
Get your specific questions answered.
E-mail your questions about the course material or about your client's situation and we will communicate with you individually to help you get them answered.
Includes the "Update the Update" webinar FREE!
We delivered the "Update for 2020 Returns" course to you early, so you could use it for year-end tax planning, but we also want you to get any changes that happen late in the year, so on January 15 we released an updated copy of the book with any changes or corrections highlighted, as well as an on-demand webinar explaining important changes made by the Consolidated Appropriations Act of 2021, so you will have the latest information when tax season starts.
We miss you! We look forward to seeing you in-person at our 2021 seminars!
Meet the instructors
Lisa Ihm, EA
Lisa Ihm, EA has been teaching seminars nationwide since 1986. Rather than simply reciting the rules, she breaks them down and uses a methodical approach to help you understand how tax laws will apply to taxpayers in the "real world". Then she digs below the surface to make you think about how tax laws affect your clients and how you can use those laws to your clients’ benefits. Her fast-paced, engaging style will make this seminar both informative and fun!
Ryan Reichert, EA
Brass Tax is happy to announce the addition of Ryan Reichert, EA to our staff. Ryan’s background in tax preparation, business, financial planning, and tax research make him especially equipped to tackle the interpretation of new tax legislation. His step-by-step, detailed approach helps tax preparers understand the application of unfamiliar and often complex new tax laws.
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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 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
This seminar has been designed to meet the requirements for 8 Federal Update continuing education hours for EAs, CRTPs, and CPAs after successful completion of 40-question assessment test with a score of at least 70%. 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 number
IRS UD2VU-U-00092-20-S self-study
This seminar has been designed to meet the requirements for 8 hours of Federal Tax Law for the California Tax Education Council after successful completion of 40-question assessment test with a score of at least 70%. 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 number
CTEC 1008-CE-1120 self-study