Surgent's Tax Update for Client Advisory Services
Overview
Client advisory services (CAS) professionals are becoming a more integral part of the operations of any CPA firm. As such, they must stay on top of changing tax law. In this course, we will explore tax changes in areas CAS professionals are involved with — information reporting, payroll tax issues, and tax credit and deduction documentation. We will also discuss relevant changes to individual and business tax returns so that CAS professionals can better assist clients with tax needs in the upcoming year.
Highlights
- Common tax deadlines and penalties
- Employee Retention Credit – new developments
- Beneficial ownership information reporting
- Bonus depreciation changes
- Form 1099 reporting and changes
- Online accounts and IP PINs
- Virtual currency updates
- Green energy credit compliance
Prerequisites
A basic understanding of federal taxation
Designed For
Accounting and finance professionals who are looking to stay current on federal tax issues
Objectives
- Recall common tax deadlines, penalties, and potential remedies
- Identify the requirements and how to file for withdrawal of an ERC claim
- Recognize where to file an initial beneficial ownership report on the FINCEN website
- Identify where to claim deductions for software on Form 4562
- State the differences between 1099-K, 1099-NEC, and 1099-MISC
- Recognize when a taxpayer must file electronically
- Identify when a taxpayer may obtain an IP PIN
- State the reporting requirements for virtual currency
- Recognize reporting and substantiation requirements related to green energy credits
Preparation
None
Notice
This course is offered by a 3rd party vendor and will not be accessible in the My CPE Tracker section of the ISCPA website. Course access information will be emailed directly to you by Surgent Professional Education.
Leader(s):
Leader Bios
David Peters, Founder & Owner, Peters Professional Education LLC
David R. Peters, CPA, CFP, CLU, CPCU, MST, MBA
David Peters is the Founder and Owner of Peters Professional Education. He is registered with the U.S. Securities and Exchange Commission (SEC) as an Investment Advisor Representative (IAR) with Peters Financial LLC. He brings over 20 years of experience in financial services, including three years in the hedge fund industry and six years in insurance.
David was the first-ever Chief Financial Officer at Compare.com - a position he held for more than three years. David holds four master's degrees. contributes frequently to professional publications and is a nationally recognized CPE instructor and discussion leader for Surgent seminars and a former instructor for Don Farmer.
David received the AICPA Outstanding Facilitator Award in 2021, 2023, and 2024 as well as Surgent's Outstanding Discussion Leader awards in 2019 and 2022. He also co-authored the Virginia CPA Ethics course in 2018, 2019, and 2020, which is a requirement for all CPAs licensed in Virginia. He regularly teaches courses in accounting, finance, insurance, financial planning, and ethics throughout the United States.
Non-Member Price $209.00
Member Price $159.00