CPE Catalog & Events

Updates on FASB standards impacting nonprofit financial statements. Key changes in auditing standards and their effects on nonprofit audits. Financial statement presentation and compliance considerations. Common nonprofit audit deficiencies and risk areas. Best practices for nonprofit financial management and audit preparation.

Practical opportunities to leverage artificial intelligence and automation in business settings Potential risks associated with using AI and automation, including inherent ethical issues Pros and cons associated with tools such as ChatGPT, Bard, Power Automate, and Zapier

Employees working in multiple states: Withholding issues (when to start and where to withhold) special issues depending on type of tax assessed in the state or locality Emerging sales tax topics: 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) Will states shift away from income tax and increase reliance on sales tax after Wayfair? Treatment of Tax Cuts and Jobs Act by the states: presence of intangible property; is P.L. 86-272 still valid? Pass-through problems: Nexus issues for interest owners Treatment of the 199A deduction for pass through entities by states: Withholding issues Practical considerations in dealing with multistate taxation: Dealing with state nexus questionnaires When to consider voluntary compliance: Responsibility of officers, members, partners, and shareholders; planning ideas and opportunities; updates on pending federal legislation relative to state tax

Developments in hardware and software Options for communicating and collaborating more effectively Addressing cybersecurity issues  

Agenda coming soon!

Retirement planning in light of IRA and RMD changes  Comprehensive coverage of the One Big Beautiful Tax Bill Act  Changes to the lifetime estate tax exemption considering proposed regulations  Social Security - the latest on the looming solvency crisis  Review of pertinent changes from recent legislation  Reading a tax return for developing client-specific tax strategies  Identifying tax opportunities: reviewing the prior-year return to develop a plan for the future  Compensation and fringe benefit issues  Identify clients with net investment income tax problems and the potential ways to reduce or eliminate them  All in the family: Tax tactics for spouses, children, and parents  Timely coverage of breaking tax legislation  Tax consequences of retiring partners seeking liquidating distributions/redemptions and S corporation shareholders seeking the redemption of their shares  At-risk and passive activity loss considerations  Basis planning  Related party transactions: making them work  Income splitting and shifting with family can create considerable benefits  Sale of ownership interest and NIIT considerations

Retirement planning in light of IRA and RMD changes  Comprehensive coverage of the One Big Beautiful Tax Bill Act  Changes to the lifetime estate tax exemption considering proposed regulations  Social Security - the latest on the looming solvency crisis  Review of pertinent changes from recent legislation  Reading a tax return for developing client-specific tax strategies  Identifying tax opportunities: reviewing the prior-year return to develop a plan for the future  Compensation and fringe benefit issues  Identify clients with net investment income tax problems and the potential ways to reduce or eliminate them  All in the family: Tax tactics for spouses, children, and parents  Timely coverage of breaking tax legislation  Tax consequences of retiring partners seeking liquidating distributions/redemptions and S corporation shareholders seeking the redemption of their shares  At-risk and passive activity loss considerations  Basis planning  Related party transactions: making them work  Income splitting and shifting with family can create considerable benefits  Sale of ownership interest and NIIT considerations

Comprehensive coverage of the One Big Beautiful Bill Act  Review of key components of President Trump's tax bill, including a tip income exemption, overtime pay relief, Social Security tax exemption, auto loan interest deductibility, SALT deduction modifications, a lower corporate tax rate, restoration of 100% bonus depreciation, immediate R&D expensing, and permanent extension of select TCJA provisions  Tariff policy and implementation - analyze the use of tariffs as a fiscal and trade policy tool  Digital assets and tax implications - understand the new Form 1099-DA for reporting digital asset transactions, along with updated IRS guidance on cryptocurrencies, NFTs, and broker responsibilities  Artificial intelligence - discover how AI and generative tools are transforming tax practices, as well as how the IRS is leveraging AI to enhance audit selection  Form 1099-K reporting requirements - understand the evolving IRS thresholds and rules for third-party payment platforms  Sale of Passthrough Entity Interests and Net Investment Income Tax - analyze the tax implications of selling interests in passthrough entities, including relevant examples, and how the Net Investment Income Tax (NIIT)applies to these transactions  The Gig Economy - examine key tax implications for gig workers, including Independent Contractor vs. Employee classification challenges, reporting responsibilities, and the impact of the 2024 Department of Labor Final Rule on worker status  Timely coverage of breaking tax legislation  Practice aids, including all the numbers applicable for the current year -- inflation-adjusted amounts, mileage rates, retirement contributions, and more  Advanced practice, reporting, and other issues intertwined with advanced planning and discussion ideas

Comprehensive coverage of the One Big Beautiful Bill Act  Review of key components of President Trump's tax bill, including a tip income exemption, overtime pay relief, Social Security tax exemption, auto loan interest deductibility, SALT deduction modifications, a lower corporate tax rate, restoration of 100% bonus depreciation, immediate R&D expensing, and permanent extension of select TCJA provisions  Tariff policy and implementation - analyze the use of tariffs as a fiscal and trade policy tool  Digital assets and tax implications - understand the new Form 1099-DA for reporting digital asset transactions, along with updated IRS guidance on cryptocurrencies, NFTs, and broker responsibilities  Artificial intelligence - discover how AI and generative tools are transforming tax practices, as well as how the IRS is leveraging AI to enhance audit selection  Form 1099-K reporting requirements - understand the evolving IRS thresholds and rules for third-party payment platforms  Sale of Passthrough Entity Interests and Net Investment Income Tax - analyze the tax implications of selling interests in passthrough entities, including relevant examples, and how the Net Investment Income Tax (NIIT)applies to these transactions  The Gig Economy - examine key tax implications for gig workers, including Independent Contractor vs. Employee classification challenges, reporting responsibilities, and the impact of the 2024 Department of Labor Final Rule on worker status  Timely coverage of breaking tax legislation  Practice aids, including all the numbers applicable for the current year -- inflation-adjusted amounts, mileage rates, retirement contributions, and more  Advanced practice, reporting, and other issues intertwined with advanced planning and discussion ideas

Newly enacted income tax legislation Issuance of income tax regulations Court cases IRS notices Revenue procedures Private letter rulings affecting individuals and businesses

Newly enacted income tax legislation Issuance of income tax regulations Court cases IRS notices Revenue procedures Private letter rulings affecting individuals and businesses

Study real-life misappropriations involving federal awards and how they were carried out The backgrounds, motivations and methodologies of the fraudsters Brainstorm where things went wrong that allowed the frauds to occur without prevention or detection  

"Foundation and principles of generally accepted government auditing standards {GAGAS) Yellow Book compliance requirements Ethics, independence, and professional judgment Competence and continuing professional education Quality control and peer review Standards for financial audits, attestation engagements and reviews of financial statements Fieldwork and reporting standards for performance audits"  

Topics will be updated in late summer.

Topics will be updated in late summer.

Criteria that the IRS uses to select returns for examination Substantiation requirements for travel, charitable contributions, vehicles, meals, virtual currency considerations and tax-related identity theft Understanding worker classification determinations on who is an employee and who is an independent contractor Distinguishing S corporation officer’s reasonable compensation issues How the IRS holds persons other than an employer liable for unpaid payroll taxes, a.k.a., the trust fund recovery penalty Tax-related identity theft procedures

"The impact of recent legislation on the construction industry How to qualify for the “small contractor exemption” and its advantages to the taxpayer Options available to the “small” contractor regarding taxation of long-term contracts How the choice of entity impacts taxation of contractors How AMT impacts the construction industry IRC §460 and “large” contractors How “uninstalled materials” impact taxation of contractors How the “look-back” rules impact contractors How the “10 percent method” can allow certain contractors to defer recognizing taxable income Critical tax planning strategies for contractors

Small and medium-sized business-related ASUs, including recent PCC activities Practice guidance on ASC 842, Leases Recently issued AICPA standards Engagement quality update

Comprehensive coverage of the SECURE Act 2.0 Retirement planning in light of IRA and RMD changes Review of pertinent changes from recent legislation Reading a tax return for developing client-specific tax strategies Identifying tax opportunities: reviewing the prior-year return to develop a plan for the future Compensation and fringe benefit issues Identify clients with net investment income tax problems and the potential ways to reduce or eliminate them All in the family: Tax tactics for spouses, children, and parents Understanding the environment: what’s new, what’s expired or expiring, and what’s likely to change