Best Practices**

A detailed analysis of the Circular 230 rules of conduct of a tax practice, with comprehensive coverage of “disclosure” rules for client’s tax information.

Ethical Marketing for Tax Practitioners**

In addition to regulating WHO may be a tax preparer do their jobs, the IRS is also regulating how tax preparers market their services. Cross selling of additional services to your existing client base may be the most effective way to grow your practice and increase profits, but it can get you into serious trouble – civil and criminal – with the IRS. Innocuous use of CRM software and data-mining to identify clients who can utilize additional services is prohibited unless you have the prior, written consent of your clients. Don’t use your firms mailing list until you’ve attended this program.

IRS Regulation of Tax Practitioners**

Review IRS requirements for conducting a tax practice including required tax return disclosures, standards for communication with clients, and standards for using the services of other professionals involved in tax return preparation. Review the AICPA statements on standards for tax practice and integrate them with the IRS requirements.

Updated AICPA Statements on Standards of Tax Practice**

Most accountants are familiar with the general ethics and independence rules governing their profession. However, many are painfully unaware of the content of the AICPA’s Statements on Standards of Tax Practice (SSTS). This program examines the content of Standards 1 through 7 as revised effective January 1, 2010, together with new comment drafts of Interpretation 1-1 and 1-2.

** Qualifies for Ethics Credit

Financial Accounting for LLCs and Partnerships

This program compares and contrasts the financial accounting for partnerships/LLCs and the tax accounting for these entities.

S Corporations: Financial Accounting

This program addresses the many complex financial accounting issues of an S corporation. Financial accounting and tax accounting for common S corporation transactions are covered.

Basic Tax Returns Preparation

This course is designed for practitioners with minimal tax experience to prepare complete tax returns by illustrating the process with filled in tax forms.

Income Tax Returns Workshop: Corporations

To familiarize participants with new tax developments affecting corporate returns, review basic principals in corporate income tax return preparation, and discuss tax planning ideas.

Income Tax Returns Workshop: Individuals

To familiarize participants with new tax developments affecting corporate returns, review basic principals in corporate income tax return preparation, and discuss tax planning ideas.

The Capitalization vs. Repair of Tangible Property Regulations: Explained and Illustrated

Cover the many tax issues that must be resolved in order to understand the impact of the Sec. 263(a) repair vs. capitalization regulations.

Choice of Entity Update: Which is Best?

To compare and contrast the tax and non-tax aspects of various entity forms including sole proprietorships, single member LLCs, partnerships, C corporations, S corporations, and limited liability companies, and explore planning opportunities and potential pitfalls of each entity type.

Partnerships/LLCs – Tax Issues in the Sale, Liquidation or Merger

Cover the many tax issues that must be resolved in the sale/liquidation/merger of a partnership/LLC.

Partnerships/LLCs – Tax Issues in the Formation of the Entity

Cover the many tax issues that must be resolved in the formation of a partnership/LLC.

S Corporations: General Update and Key Planning Issues for the Former C Corporation

Provide an update of recent developments and key planning issues facing S corporations that were formerly C corporations.

S Corporations: Overview and Update

Examine critical issues and special opportunities facing S corporations, emphasizing practical solutions and strategies for complex S corporation tax problems.

Tax Depreciation: Update and Special Topics

Cover the latest developments effecting tax depreciation and cover several special topics in tax depreciation.

Travel and Entertainment Expenses: Planning and Update

This program will enhance participant knowledge of statutory and regulatory guidance related to travel and entertainment expenses and provide planning opportunities related to travel, entertainment, and automobile expenses.