This course - one of our "Understanding the Principles of Individual Taxation" series - will cover the rules and requirements for recordkeeping while operating as a tax practitioner. This will touch on both general IRS rules and specific rules outlined in Circular 230.

This course covers updates and changes to the tax law for the upcoming TY2022 tax season as outlined mainly inside Rev. Procedures 2021-45. While some attention is given to discussion of the IRS' response to the COVID-19 pandemic; this course primarily covers content outside the adoption of COVID-19-related tax law changes and expirations at the … Continue reading "Tax Law Updates – TY2022"

This course covers the expiration of pandemic-era changes to tax law from ARPA, the CARES Act, and the CAA2021 for TY2022. In addition, discussion will be had covering the purported restoration of traditional IRS functionality. This webinar also includes an overview of the new Form 7203 for S Corp basis tracking along with miscellaneous changes … Continue reading "Tax Law Updates – End of Pandemic Relief, Miscellaneous Changes, and Form 7203 – TY2022"

This course will cover Treasury Circular No. 230; The comprehensive guide to identifying who can practice before the IRS and in what capacity. It will also cover how to operate with due diligence individually and for your firm as well as how to avoid practitioner penalties. We will also touch on how to properly maintain … Continue reading "Digestible Circular 230"

This course - one of our "Understanding the Principles of Individual Taxation" series - will cover the fundamental principles of individual taxation, and to explain the concepts behind the structure of the tax system. This course covers explanations and clarifications of terms as well as an overview of the forms contained in the 1040 Series … Continue reading "UtPoIT – Basic Tax Overview"

This course - one in our "Understanding the Principles of Individual Taxation" series - will cover the explanation and taxability of income in individual tax returns as they apply to TY2022. Special emphasis will be placed on taxable and nontaxable income categories as well as explanations of differing tax requirements with all types of income.

This course - one of our "Understanding the Principles of Individual Taxation" series - will cover the various reporting forms used to indicate to the taxpayer and the IRS what type and amount of income is contained within the taxpayer's records as it pertains to TY2022 returns. Example forms will be provided, along with explanations … Continue reading "UtPoIT – Income Forms and Reporting"