CPE Catalog & Events

New features in QuickBooks Desktop and Online. Enhancing internal controls in QuickBooks-based environments. Improving financial and operational reporting when using QuickBooks and QuickBooks Online. Best practices for setting up companies.

The five basics of business development in hard times Strategies for things you can implement now to move business forward Tips for maintaining a positive mindset even when difficulties arise How to gain clarity on your niche markets Learn how to articulate your value to key audiences Identify champions to help you build business faster

How to prepare a Form 1041. Understanding of distributable net income (DNI). Understanding of income in respect of a decedent (IRD). Line-by-line instruction. Specific issues regarding a decedent's estate. Specific issues regarding a trust. Classification of trust entities. Understanding various fiduciary issues. Understanding the basics of Subchapter J of the Internal Revenue Code.

New features in QuickBooks Desktop and Online. Enhancing internal controls in QuickBooks-based environments. Improving financial and operational reporting when using QuickBooks and QuickBooks Online. Best practices for setting up companies.

How to prepare a Form 1041. Understanding of distributable net income (DNI). Understanding of income in respect of a decedent (IRD). Line-by-line instruction. Specific issues regarding a decedent's estate. Specific issues regarding a trust. Classification of trust entities. Understanding various fiduciary issues. Understanding the basics of Subchapter J of the Internal Revenue Code.

New features in QuickBooks Desktop and Online. Enhancing internal controls in QuickBooks-based environments. Improving financial and operational reporting when using QuickBooks and QuickBooks Online. Best practices for setting up companies.

How to prepare a Form 1041. Understanding of distributable net income (DNI). Understanding of income in respect of a decedent (IRD). Line-by-line instruction. Specific issues regarding a decedent's estate. Specific issues regarding a trust. Classification of trust entities. Understanding various fiduciary issues. Understanding the basics of Subchapter J of the Internal Revenue Code.

Learn how to qualify and to make the S corporation election. Determine how to calculate initial and annual stock and debt basis amounts and the three reasons why they are maintained. Understand the four loss limitation rules applied on the shareholder's individual income tax return (i.e., basis, at-risk, passive, and excess business loss limitations). Understand the proper tax treatment and reporting of a distribution from the S corporation to a shareholder. Determine how to calculate AAA and OAA account for an S corporation as well as the 3 potential taxes. Determine the impact of health insurance, the net investment income tax, qualified business income tax deduction and unreasonable compensation issues on the reporting function of the S corporation.

S corporation current developments: tax planning impact. Compensation planning. Basis in S corporation stock. Distributions. Use of qualified subchapter S subsidiaries. Liquidations, reorganizations, and redemptions. Estate planning and use of trusts.

Learn how to qualify and to make the S corporation election. Determine how to calculate initial and annual stock and debt basis amounts and the three reasons why they are maintained. Understand the four loss limitation rules applied on the shareholder's individual income tax return (i.e., basis, at-risk, passive, and excess business loss limitations). Understand the proper tax treatment and reporting of a distribution from the S corporation to a shareholder. Determine how to calculate AAA and OAA account for an S corporation as well as the 3 potential taxes. Determine the impact of health insurance, the net investment income tax, qualified business income tax deduction and unreasonable compensation issues on the reporting function of the S corporation.

Changes in Accounting Principle. Changes in Accounting Estimate. Changes in Reporting Entity. Correction of an Error in Previously Issued Financial Statements. Corrections Related to Prior Interim Periods. Accounting Changes Disclosures. Error Corrections Disclosures. Updating Reserves. Issuing Customer Invoices. Valuing Inventory. Calculating Depreciation.

What is Cash? Cash Equivalents and Restricted Cash. Investing and Financing Activities. Gross vs. Net. Direct and Indirect Methods. Revenue Recognition Disclosures. Lease Transaction Disclosures. Other Disclosures. Reconciliations.

Allocating Income 1040 vs. 1041. Administration Expenses 706 vs. 1041. Fiduciary Accounting vs. Taxable Income. Distributable Net Income. Separate Share Rule. IRC Section 691(c) Deduction. Grantor Trusts.

Real Estate Loans. Real Estate Financing. . Fund Sources. Mortgage Options. Real Estate Investing Fundamentals. Commercial Financing. Equipment Leasing.

Advantages and disadvantages. S corporation status. Termination. Income and expense. Built-in gain. Passive income. Basis of stocks and debts. Distributions. Form 1120S. Fringe benefits.

Yellow Book and Other Professional Requirements. Explanatory and Best Practices. Proper Use of Government Information, Resources, and Positions. Government Auditing Standards (Yellow Book). Identification of Significant Threats to Independence. Applying Safeguards to Eliminate or Reduce Threats. What Services You Can't Perform. Nonaudit Services Requirements. Quality Control and Assurance.