CPE Catalog & Member Events

Specifc topics that will be covered in this course will be updated late summer 2026.

Classifying receipts between “income” and “corpus” under the Uniform Principal and Income Act Calculation of DNI utilizing three different methods, a “forms” method (Schedule B), a “code” method, and a“shortcut” method, utilizing a worksheet of common income and expenses Proper W-2 preparation and procedures in the year of death Taxpayer passes before taking a required minimum distribution; what must be done? Forgetful fiduciaries of simple trusts Fluctuating trusts – Simple one year, complex the next Dividing income in the year of death Overview of Subchapter J Form preparation issues – Filing requirements and line-by-line explanations of Form 1041 Taxable income of estates and trusts and expense allocation issues Specific deductions and miscellaneous itemized deductions Income in respect of a decedent The income distribution deduction calculation Relation of principal and income law to DNI Understanding how to handle capital gains and losses Allocating tax items to beneficiaries: another K-1 Other considerations: excess deductions on termination Comprehensive DNI case study, with principal (cost and FMV) and income reconciliation Comprehensive trust and estate case studies, with filled-in forms

Elimination of the physical presence standard in determining nexus (Wayfair case); economic nexus for remote sellers; assisting remote sellers in determining a plan of action in states that enforce economic nexus Emerging compliance issues in the new sales tax economy Income tax (and other forms of tax); economic nexus (taxation without physical presence) Attributional and agency nexus; presence of intangible property Is P.L. 86-272 still valid? When to consider voluntary compliance even though the laws do not dictate a sales tax responsibility

Tax code hierarchy Organization of an Internal Revenue Code section Special rules for IRC citation Citing other primary authorities Private letter rulings Primary vs. secondary authority Secondary sources of authority Steps in the tax research process Research memoranda

Topics for this course will be updated in late summer 2026.

Topics for this course will be updated in late summer 2026.

Statutory employees, independent contractors, and possible changes to §530 relief Using SS-8 Payroll Tax Penalties -- Who is a responsible person? Forms W-2, 1099, 1099-NEC, SS-8, W-4, 941, and Form 940 reporting/deposit requirements and due dates Understanding payroll tax responsibilities in the gig economy

“It’s the little things that matter.” We are so busy that we sometimes fail to do the fundamental duties as well as we should. How can we get more out of every audit, reduce the pressure, and streamline the process? What lessons can we learn from diabolical and brazen fraud activities? We need to re-examine our internal controls so they will be effective today and will scale to remain effective in the future. Even the Statement of Cash Flows can be made much more effective. These ‘little things’ can and do have an outsized impact. Review today’s best practices and learn from the mistakes made by others to become more efficient. Module 1: Audit Survival Toolkit: Tactics to Reduce Stress and Get Through Audits with Confidence If the word “audit” makes your team groan - you are not alone. Whether it is an internal review, a regulatory exam, or a full-blown financial audit, most finance and accounting teams face scrutiny from multiple directions. Learn how to understand what auditors are really looking for, how to align your goals with theirs, and what you can do to make the audit process smoother, less stressful, and more productive. Explore what to expect during each phase of the audit - planning, fieldwork, and reporting - and walk away with practical strategies to improve your communication, documentation, and overall preparedness. Whether you are supporting an external audit, prepping for compliance testing, or working with internal auditors, learn how to help your team respond with clarity, confidence, and professionalism. Learn how to streamline the audit process – so it is easier for you and for the auditors - which saves time and money. Module 2: Internal Controls That Matter: Protection with Simple, Smart, and Scalable Practices Internal controls don’t have to be complicated - but they must be effective and intentional. In many organizations, especially small to mid-sized ones, internal controls are informal or incomplete, exposing teams to unnecessary risk. This discussion helps finance and accounting professionals understand what internal controls really are, why they matter, and how to build systems that actually work - without overwhelming your people or processes. Discuss how to design, implement, and monitor core controls - across financial reporting, operations, and compliance - using real-world examples that scale to fit your organization. Whether you're starting from scratch or tightening what’s already there, learn how to put the right checks and balances in place to protect your resources, your people, and your reputation. Module 3: Cash Flow Clarity: Effectively Communicate Cash Flows to Drive Better Decisions The cash flow statement is one of the most confusing financial reports - yet it has the potential to deliver the essential keys to understand business performance. After all, cash is still both king and queen! Explore how to present, interpret, and communicate cash flows effectively to help CEOs, boards, and decision-makers drive smarter results. By using the Sources and Uses format, professionals can make the statement more intuitive and actionable. Learn how to simplify cash flow information and focus discussions on what matters most: how cash is generated and deployed. Explore how to confidently present this powerful financial statement to non-financial leaders. Module 4: Amazingly Crazy Fraud Cases - Fraud So Wild It Shouldn’t Be Real Some fraud cases are so unbelievable, they sound like Hollywood scripts, but they are all real - and we can learn a lot from them. In this fast-paced, story-driven discussion, review some outrageous fraud cases - from forged financials and luxury lifestyles to deepfakes and fake companies that fooled the smartest people in the room. Hear the stories, spot the red flags, and walk away with practical takeaways to help strengthen your professional skepticism, identify fraud warning signs, and build a better fraud prevention mindset.

The key requirements, options, and best practices seen in each of the basic financial statements Today's core accounting and reporting requirements related to contributions and how to apply them effectively and efficiently How to analyze and incorporate the needs of financial statement users into a not-for-profit's financial statements and disclosures

The essential disclosure requirements specific to not-for-profit organizations and strategies for enhancing clarity and value Practical insights into the accounting for conditional and restricted contributions, membership dues, contributed services, and noncash contributions The advantages, challenges, and best practices for effectively presenting a measure of operations

New and expanded energy credits under the Inflation Reduction Act (IRA) Preparation of various Form 1040 individual tax returns and schedules; provided answers include “filled-in” forms Coverage of Form 7203 Coverage of §199A qualified business income, its calculation, limitations, and examples Dividends and interest – Ordinary, return of capital, and capital gain distribution dividends; tax-exempt interest,original issue discount, etc. Security transactions – From Form 1099-B to Form 8949 to Schedule D, plus mutual fund sales and related basisissues Self-employed person issues Schedule C deductions including depreciation Sale and exchange of property – Understanding Form 4797 and depreciation recapture; capital gains A working understanding of passive losses – How to handle rental property and how the passive loss rules flow tothe tax forms Itemized deductions – A thorough understanding of what’s deductible and what’s not Interest deductions – Limitations and timing problems Charitable contributions substituting for taxes, IRS says – No! Retirement contributions and education credits and deductions Tax computations – The Kiddie Tax, AMT, regular tax, tax credits Individual problems illustrated by form preparation for various items, with numerous “practice tips” Impact of recent legislation and forms changes on the 1040

Join ISCPA CEO Carrie Steffen, for an interactive, town-hall style conversation that brings the latest insights, challenges and opportunities in the CPA profession directly to you. Carrie will explore key themes: the ongoing workforce development challenges, evolving client and business expectations, technology transformation, regulatory shifts, and the changing nature of what it means to be a CPA in today’s environment. Attendees are encouraged to share their perspectives and questions as we collectively explore the opportunities that lie ahead.

Economic updates General department updates 2026 legislative updates Tax year 2026 income tax updates Common tax filing issues Updates on GovConnectIowa

Getting started with Gemini Tour of the Gemini app and how to use it Variety of hands-on case study examples for accounting, finance and tax Protecting your data privacy in Google Gemini Advanced Gemini features review Integration with Google apps Subscription plan options

Program Content Getting started with Microsoft Copilot Tour of the Copilot app and how to use it Variety of hands-on case study examples for accounting, finance and tax Protecting your data privacy in Microsoft Copilot Advanced Microsoft Copilot features review Integration with Microsoft 365 apps

This seminar has been designed to review all changes affecting for-profit taxpayers. Just the facts without the frills! Updated throughout the year for up-to-the-minute changes and court cases. Review examples and take advantage of in-depth discussions of tax changes and other relevant IRS notices and announcements.

Tax treatment of partnership distributions to partners of cash and property other than cash Basis of property received in a partnership distribution Executive Order 14219 withdrawing the IRS's new regulations regarding basis shifting Organization and structure of the new Form 7217 Who must file Form 7203 Determining the S corporation shareholder's initial basis in his or her stock Basis limitations on partnership losses and deductions Organization and structure of Form 7203 — understanding the three parts of Form 7203 Filing criteria for Form 7203 Calculating an S corporation shareholder's share of S corporation deductions and credits Understanding stock and debt basis

Timely coverage of breaking tax legislation Comprehensive coverage of key provisions enacted under The One Big Beautiful Bill Act (OBBBA) The SECURE 2.0 Act and Inflation Reduction Act provisions applicable to individuals Changes to the lifetime estate tax exemption in light of proposed regulations Considerations when selling a principal residence Tax benefits of HSAs An overview of the mechanics and practical considerations of Donor Advised Funds Virtual currency and digital assets - understand the new Form 1099-DA for reporting digital assets The best new income tax and estate-planning ideas The changing Social Security landscape: long-term solvency issues and what it means for retirement planning Creative charitable giving strategies Financial planning strategies Maximizing retirement plan benefits Using intentionally defective grantor trusts Miscellaneous tax-planning techniques that can add up to significant tax savings How to use the whole family for tax savings Life insurance Up-to-the-minute ideas reflecting new tax law changes in cases, regulations, and rulings

Overview of virtual currency Property transactions with virtual currency Receiving virtual currency as payment Paying using virtual currency Charitable donations with virtual currency Gifting of virtual currency Form 8300 reporting