CPE Catalog - Washington Society of CPAs

Revenue and Cash Receipts: Common Frauds and Internal Controls WEBCAST

Your Desk

Friday, October 30 11:30am - 3:30pm PDT

4 Credits

Traditional revenue system, Retail revenue cycle, Manufacturing revenue cycle, Service revenue cycle, Accounts receivable and billing, Cash receipts, Revenue frauds and fraudulent financial reporting

Corporate Income Tax Return Fundamentals WEBCAST

Your Desk

Friday, October 30 8:30am - 4:30pm PDT

8 Credits

Corporate structure entity choice comparisons. Form 1120 and Schedule M-1 or M-3. Items for book-tax differences. Tax accounting methods. Uniform capitalization rules. overview. Minor discussion on depreciation: capitalization. gain. loss and recapture. Carrybacks. carryforwards and credit. Case Study and presentation in return. Mergers and Acquisitions impact on the returns.

Entity Choice-Tax Considerations WEBCAST

Your Desk

Friday, October 30 8:30am - 4:30pm PDT

8 Credits

Taxation of corporations and shareholders;potential double taxation, Comparison of individual and corporate tax rates, The qualified business income deduction, IRC 199A. Special rules;differences that matter, Non-tax factors, Taxation of operations;differences beyond tax rates Tax considerations of making business assets available to owners, Taxation of the sale of the assets of a business, Taxation of sale of stock or interest in the partnership, Transfer of assets for stock or a partnership interest, Death of an owner, Hybrid structure planning.

Advanced Budgeting - Balance Sheet and Cash Flow Projections WEBINAR

Your Desk

Friday, October 30 7:00am - 8:00am PDT

1 Credits

Create a Projected Balance Sheet:Accounts ReceivableInventory, Capital BudgetDepreciationAccounts Payable, Accrued LiabilitiesWorking Capital Loans, DebtProject interest expense more accuratelySolving for Cash, Projecting Covenant CalculationsCreate a Projected Statement of Cash Flow, Choose your formatHow to make your Statement of Cash Flow maintenance free, Debugging a statement of Cash Flow.

Prix Fixe: Construction Industry Snapshot WEBINAR

Your Desk

Friday, October 30 12:00pm - 1:00pm PDT

1 Credits

Construction

Estate Planning: Washington Issues WEBCAST

Your Desk

Friday, October 30 8:00am - 4:00pm PDT

8 Credits

Specific state death tax issues. Specific issues regarding income and principal in Washington. Specific intestacy laws . Specific local issues regarding executors (personal representatives) and trustees. How to best utilize estate planning techniques within Washington. Life insurance issues , including specific trust issues.

Advanced Cost Accounting - Assigning Overhead WEBCAST

Your Desk

Monday, November 2 6:00am - 8:00am PST

2 Credits

Occupancy costs, Depreciation, Utilitie, Supervision, Maintenance, Quality Control, Material Handling, Process Engineering, Design Engineering, Procurement, Human Resources, Information Systems, Selling Costs Accounting, Cost of Money, Excess Capacity

Effective Business Communications WEBCAST

Your Desk

Monday, November 2 6:00am - 10:00am PST

4 Credits

The power of professional language in business writing. Communication and work teams. Communication for leaders Difficult communication.

Integrating Audit Data Analytics into the Audit Process WEBCAST

Your Desk

Monday, November 2 7:30am - 3:30pm PST

8 Credits

Audit data analytics, Application of audit data analytics to an audit, Audit data analytics vs. analytical procedures

Basis Calculations & Distributions for Pass-Through Entity Owners WEBCAST

Your Desk

Monday, November 2 8:30am - 4:30pm PST

8 Credits

Emphasize any new legislation affecting owners of pass-through entities. The four loss and deduction limitations on the owner's individual income tax return (i.e., basis, at-risk, passive activity loss rules and the excess busines loss). How cash or non-cash distributions affect the basis calculations and whether or not they are taxable to the owners. Compare the tax treatment of the sale of a shareholder's stock in a S corporation and a partner's interest in a partnership. What constitutes debt basis for a S corp shareholder under the final regulations. Tax ramifications of repaying loans to S corp shareholders and on open account debt. How recourse and non-recourse debt affect a partner or member's basis calculations and amount at-risk.

Defined Benefit Plans: Tax Saving Opportunities WEBCAST

Your Desk

Monday, November 2 11:00am - 1:00pm PST

2 Credits

Types of defined benefit pension plans, Defined benefit plan selection and design, Contribution and deduction limits and timing, Using combination plan designs to optimize benefits.

Negotiation Skill Building WEBCAST

Your Desk

Monday, November 2 11:00am - 1:00pm PST

2 Credits

Becoming a stronger negotiator. Negotiation skill building, effective communications, telephone techniques and the negotiation process. The role of empathy, ego and needs in negotiations.

Personal Financial Planning Update: Investments WEBCAST

Your Desk

Monday, November 2 10:30am - 12:30pm PST

2 Credits

Today's investment marketplace, Managing expectations in a tumultous world environment, Clients understanding of investing, Risk and return relationships, Investment vehicle distinctions, Investment portfolio design, Monitoring the client's investment portfolio,

Surgent's Advanced Critical Tax Issues For Limited Liability WEBCAST

Your Desk

Monday, November 2 8:00am - 4:00pm PST

8 Credits

Single-member limited liability companies as an alternative to subsidiaries. Cancellation of indebtedness: rules and regulations. How the IRS views members or partners for Social Security purposes. Special problems when forming an LLC. Debt issues and problems in structuring LLCs and LLPs, including loan guarantee issues, recourse and nonrecourse debt (and what the practitioner must explain to the client about refinancing and the potential gain issues), the at-risk basis rules, and new regulations restricting "bottom dollar" guarantees . Distributions: is it just a disguised sale (and how can the practitioner be proactive, in some instances, in avoiding a disguised sale)? New regulations eliminate certain tax-deferred leveraged partnership transactions. Death or retirement of a member or partner -- Understanding the alternatives and the options that a practitioner must explain to the client because of radically different tax consequences. Step-up in basis issues ...and much more.

Financial and Tax Accounting for Partnerships and LLCs WEBINAR

Your Desk

Monday, November 2 10:00am - 2:00pm PST

4 Credits

Review of the Accounting Standards Codification and its application to partnerships and LLCs. Review of OCBOA and its application to partnerships and LLCs. Review of the new AICPA financial reporting framework for small and medium-sized entities. Integration of these financial reporting approaches with accounting for issues in the formation of partnerships and LLCs. Financial accounting issues arising from changes in ownership of partnership and LLCs. Financial vs. tax accounting for partnership/LLC capital accounts. Review of Section 704(b) substantial economic effect rules and their relation to financial accounting. The integration of financial accounting for partnerships/LLCs with the Form 1065. Financial accounting basis for ownership interests vs. tax accounting basis for ownership interests. Deferred tax accounting for partnerships/LLCs. Completion of the Form 1065 Schedule M-1. Financial accounting for the operations of a partnership/LLC.Partnerships/LLCs as part of other entities.

Office 365 - Using Teams App For Online Meetings and Calls WEBINAR

Your Desk

Monday, November 2 7:30am - 9:30am PST

2 Credits

Orientation to the Teams app meeting and call features, Initiating an online meeting with audio, Inviting and managing meeting participants, Deep dive review of the meetings toolbar, Recording meetings for playback in the Stream app, Scheduling online meetings via Outlook, Initiating online audio calls, Review the meetings device settings.

Office 365 Forms App Fundamentals WEBINAR

Your Desk

Monday, November 2 10:00am - 11:00am PST

1 Credits

Orientation to the Forms app features and interfac, Step-by-step process for creating a form, How to share your form with others to complete it, Tools for analyzing the form responses, Creating a quiz, e.g. a competency quiz, Alternative Forms app solutions.

Passive Activities WEBCAST

Your Desk

Monday, November 2 8:00am - 4:00pm PST

8 Credits

Loss limitations filters. PAL rules underlying principle. Activities subject to the PAL limitations. Material participation- section 469(h). Section 469( c )(7)- the "real estate professional exception". Rental activities- Reg. Sec. 1.469-1T(e). Special rules re income or loss from a passive activity - section 469(e). Former passive activities -Section 469(f). Dispositions of entire interest in a passive activity- section 469(g). $25,000 offset for rental real estate activities. Self charged items of income and deduction- Reg. Sec. 1.469-7. Recharacterization of passive income - Reg. Sec. 1.469-2T(f). Special rule for publicly traded partnerships- section 469(k).

Partnership Preparation, Basis Calculations and Distributions: Form 1065 Schedule K & K1 Analysis WEBCAST

Your Desk

Tuesday, November 3 8:30am - 4:30pm PST

8 Credits

Emphasize any new legislative changes affecting partnerships and partners, Review the Form 1065 to learn how income statement items get reported on the partnership/LLC tax return (i.e., page 1 versus Schedule K) and flow-thru to the partner/members on Schedule K-1, Analyze the Schedule K-1 line-by-line and discuss where the items get reported on the individual's Federal income tax return and how the items affect the partner/member's outside basis, Look at what relevant information related to the 3.8% net investment income tax needs to be reported to the partners/members, Formation issues including the mandatory allocation of the §704(c) pre-contribution gain or losses back to the contributing partner/member, The purpose of tax and §704(b) book capital account, Reporting recourse and non-recourse debt on the Schedule K-1, Tax ramifications and reporting of cash and non-cash distributions including disproportionate distributions of "hot assets", Overview of the §754 election for optional basis adjustments triggering §743 (transfer of interests) and §734 (distributions).

Securing A Comfortable Retirement in the Age of Spending WEBCAST

Your Desk

Tuesday, November 3 8:00am - 4:00pm PST

8 Credits

Retirement planning using variables such as desired lifestyle, travel plans, housing plans, medical needs and family needs to customize a retirement plan unique to the client. Using the residence and other real estate as retirement assets through equity and rent. Using the small business as a retirement resource through creative retirement plans. Asset allocation, portfolio management, portfolio rebalancing, and investment selection concepts, before and after retirement. Developing a three-legged retirement stool of employer retirement, savings, and Social Security. Distribution/asset liquidation planning. Analysis of the most current/important research on retirement planning and sustaining retirement income levels.