FEDERAL TAX UPDATE (Business & Individual)
4 CPE* Credits $127 LIVE Zoom WEBINAR
This covers both business and individual tax issues. This covers Federal business and individual tax issues with the latest IRS developments affecting businesses, Inflation Reduction Act, what’s new in 2022, maxing out retirement, prior tax laws suspended now in play, properly accounting for QBI activities and related wages, the expanded information required on Schedule K-1, K-2, K-3s from Partnerships and S-Corporations, tax traps with more than one activity with at-risk basis and passive activities, the fine details of qualified improvement property (QIP), real estate depreciation, work opportunity tax credit, S-Corporation compensation issues under the rug, accountable plans, properly accounting for the major stimulus including the retroactive ERTC on Form 941-X, reporting tax credits, Cares act tax credits still available, tax-exempt income from PPP loan forgiveness and narrowing your scope of services related to PPP loan forgiveness. Discuss what we need to focus on with individual tax issues, cover the latest IRS developments, self-employed tax credits, what’s new in 2022 compared to 2021, IRS tax pro accounts, recent Tax Court cases on individual tax issues, cancellation of medical debt taxation, new Form 1099-K tax issues, anticipated future IRS enforcement, anticipated IRS audit targeted issues, Form 7203 issues for S-Corp owners, tax basis considerations, controlling excess business losses, strategy for NOLs, PPP loan forgiveness lingering issues properly accounting for tax-exempt stimulus income, and the net investment tax.
Includes: Full pdf copy of the PowerPoint presented and ability to re-watch the seminar for 30 days.
CPE cannot be earned for re-watching the seminar video.
To earn CPE credits, attendance during the live presentation required.
Dates of Program
Friday, December 9, 2022 @ 11:00 am cst
Friday, December 16, 2022 @ 9:00 am cst
YOU DO NOT NEED TO BE A CPA, EA or TAX PRO TO TAKE THIS COURSE.
This will benefit anyone interested in staying up to date with this subject.
Group Internet Based
Required to Receive CPE
Field of Study
Joshua Jenson CPA
Up to date of seminar
*State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.
CLICK HERE for all 50 states CPA CPE requirements.
*CPAs LICENSED IN NEW YORK, JEW JERSEY, TEXAS, OHIO, ILLINOIS & PENNSYLVANIA
NO SEPARATE STATE SPONSOR ID FOR THESE STATES.
*ENROLLED AGENTS: This CPE seminar is NOT registered with the IRS.
After signing up and paying for the seminar, you will receive an email with the seminar's Zoom link as well as a link to a private webpage that will contain the course materials.
Zoom link to the seminar emailed to you immediately after signing up and paying.
Seminar slides in pdf format. 30 minutes before the start of the seminar, a link will be added to the webpage to download your copy. You will receive a link to that private webpage immediately upon signing up and paying for the course.
Link to re-watch the seminar for 30 days, provided 48 hours after the seminar ends. NO CPE can be earned by re-watching the video. You must attend live to receive CPE credit.
Federal Tax issues related to S-Corporations (Form 1120-S), Partnerships (Form 1065) and Individuals (Form 1040)
Tax affects to individuals who own flow-thru entities; S-Corporations and Partnerships
Federal business and individual tax issues with the latest IRS developments affecting businesses
Inflation Reduction Act
What’s new in 2022 for business and individual tax issues
Maxing out retirement for owners, employees and self-employed
Prior tax laws suspended now in play for businesses and individuals
Properly accounting for QBI activities and related wages
The expanded information required on Schedule K-1, K-2, K-3s from 1120S & 1065
Tax traps with more than one activity with at-risk basis and passive activities
The fine details of qualified improvement property (QIP)
Real estate depreciation, work opportunity tax credit
S-Corporation compensation issues under the rug
Self-employed tax credits
IRS tax pro accounts
Recent Tax Court cases on individual tax issues
Cancellation of medical debt taxation
New Form 1099-K tax issues
Anticipated future IRS enforcement, anticipated IRS audit targeted issues
Form 7203 issues for S-Corp owners
Tax basis considerations, controlling excess business losses, strategy for NOLs
The net investment tax
PPP loan forgiveness lingering issues properly accounting for tax-exempt stimulus income
Properly accounting for the major stimulus including the retroactive ERTC on Form 941-X, reporting tax credits, Cares act tax credits still available, tax-exempt income from PPP loan forgiveness and narrowing your scope of services related to PPP loan forgiveness.
Learn what tax laws have changed with these topics
Learn to better understand recent tax law changes of these topics and how they may apply to you or your clients circumstances
Learn more about these topics to better serve your clients with expanded and up-to-date information
Learn of the effective dates of law changes
Learn what is projected as future hot areas of potential IRS audits
Participants should be familiar with Federal tax issues for various entities
Access and ability to watch a live Zoom broadcast.
When will I get my CPE certificate of completion?
What if You Don't Need CPE
You do NOT need to be a CPA, EA or tax professional to attend this seminar. It is open to the public. If you don't need to earn CPE, then the below does not apply to you.
AICPA CPE Requirements
This CPE program sponsor has prepared and will present this course in accordance with The Statement of Standards for Continuing Professional Education (CPE) Programs jointly issued by the American Institute of Certified Public Accountants (AICPA) and the National Association of State Boards of Accountancy (NASBA). This CPE provider is NOT registered with NASBA at this time. CLICK HERE for a copy of these Standards.
This CPE program sponsor is NOT registered with the National Associate of State Boards of Accountancy (NASBA) at this time. CPE program sponsors are not required to be registered with NASBA to provide qualifying CPE. CPE credit can qualify as such for CPAs provided that the AICPA and NASBA standards (aforementioned) are followed. CLICK HERE for a list of all 50 states with a link to its CPE requirements to review your state CPE requirements.
Your State CPE Requirements
State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. CLICK HERE for a list of all 50 states with a link to each states CPE requirements for CPAs. Review your states CPA CPE requirements. Some states require your provide the CPE program sponsors "state" ID. This CPE Program sponsor does not have any specific state IDs at this time. This CPE program sponsor has no separate state ID number for Illinois, New York, New Jersey, Ohio, Texas or Pennsylvania.
IRS Enrolled Agents
This CPE seminar is NOT registered with the IRS, and therefore would not qualify as CPE for Enrolled Agents requiring IRS registration. That will be available in 2022, after it is announced. CLICK HERE for further IRS information for Enrolled Agents CPE.
Licensed CPAs in Illinois, New York, New Jersey, Ohio, Texas, Pennsylvania
NO SEPARATE STATE SPONSOR ID FOR THESE STATES IS AVAILABLE AT THIS TIME WITH THIS CPE PROGRAM SPONSOR
Can Attorneys, Insurance Agents or CFPs Obtain CLE/CE Credit?
No. None of these courses provide CLE for attorneys, CE for Insurance Professionals or CE for Certified Financial Planners
FEDERAL TAX UPDATE
4 hours CPE*
Live Attendance is Required to Earn CPE Credits for this Course
You will be able to re-watch the seminar for 30 days, however, you will ONLY be able to receive CPE credits for your LIVE attendance to this seminar during the designated time. The seminar will not be available to watch until 48 hours after the end of the seminar.
Format to prove your attendance
A series of words will be shared randomly through out the seminar. You will submit those words on the Attendance Form (provided with your course materials) by email within 48 hours after the end of the seminar to prove your attendance. You must present by email 70% of the words for each hour, for that hour of CPE to be earned. Email the Attendance Form with the provided words to email@example.com. Failure to submit these words within 48 hours will result in the forfeiture of earning any CPE for the seminar. There will be no refunds for your non-attendance or failure to submit the words timely. It will be made extremely clear the word being shared, is to prove your attendance.
Need a Free Zoom Account?
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Refund policy, complaints, or cancellation policies
THERE ARE NO REFUNDS.
CLICK HERE for refund policy details and additional related details.
Please contact us
By email firstname.lastname@example.org
By phone at 405-715-1556
EACH HOUR OF CPE CREDIT
Fifty minutes of participation in a program of learning equals one CPE credit. This course will be fifty minutes long multiplied by the number of CPE credits listed for this course.
Dates of Program
Friday, December 9, 2022 @ 11:00 am cst
Friday, December 16, 2022 @ 9:00 am cst
CPE INSTRUCTOR & AUTHOR:
JOSHUA JENSON, CPA
aka JJ THE CPA
JJ has over 28 years of public accounting experience in the area of tax, specializing in LLC, partnership, S corporation, and related individual tax matters. He still practices in the trenches in the CPA firm he founded over 24 years ago.
Joshua Jenson is a licensed CPA in Oklahoma and Texas, licensed in all 50 states with the IRS and a member of the American Institute of CPAs and Oklahoma Society of CPAs.
JJ THE CPA has traveled to over 50 cities, presenting tax courses to thousands of fellow CPAs, EAs and fellow Tax Pros covering the latest tax laws and strategies.
JJ the CPA has over 75,000 SUBSCRIBERS and over 6.2 million views on his YouTube channel “JJ THE CPA,” and is heavily represented on social media, with daily postings, including daily videos released on everything dealing with money.
JJ has authored 2 books available on Amazon.
Joshua has served as the past Chairperson of the OSCPA Educational Foundation and was named CPA of the year in Oklahoma City by his CPA peers.
Joshua is a 1993 graduate of Abilene Christian University where he earned is accounting degree.
CPE Record Retention Policy
Program Cancellation Policy
Complaint Resolution Policy
Course Update Policy
Additional General FAQs
Content Development Policies
CLICK HERE for additional