Section 199A and the new choice of entity decision

September, 2019


The Tax Cuts and Jobs Act enacted NEW Section 199A – a deduction for flow-through entities. These provisions, as well as others in the TCJA, dramatically impact the choice of entity decision. This course covers IN DEPTH Section 199A and its IRS interpretations and then integrates that material with other TCJA provisions relevant to the choice of entity decision.


Learning Objectives 
Upon completion of this course you will be able to have a deeper knowledge of the Tax Cuts and Jobs Act flow-through entities deduction and how it relates to the choice of entity decision.


Major Subjects:

In depth coverage of the TCJA flow-through entities provision and its IRS interpretations.

In depth coverage of the TCJA provisions impacting the choice of entity.

Other recent Code, regulation, and case developments related to the flow-through entity deduction and other relevant TCJA provisions.


Designed for: Practitioners seeking an update on the latest developments related to the flow-through entities deduction and the choice of entity decision and members in industry seeking to keep their knowledge current on those topics.


Developer: Federal Tax Workshops, Inc.

Level of Knowledge: Overview 

Field of Study: Taxes                           
Prerequisite: Basic working knowledge of individual and business taxation.                Advanced Preparation: None  Recommended CPE Credit: 8 hours 


celebrating over 40 years of educating CPAs and tax professionals

financial accounting for llcs, partnerships and s corporations

September, 2019


This is THE accounting course for the tax practitioner! 

This 2-part presentation first compares and contrasts the financial accounting for partnerships/LLCs and the tax accounting for these entities.  It then addresses the many complex financial accounting issues of an S corporation, including financial accounting and tax accounting for common S corporation transactions. 
 
Major Subjects:
Part 1 – Partnerships and LLCs: Financial Accounting: Review Accounting Standards Codification and its application to partnerships and LLCs; OCBOA and its application to partnerships and LLCs;
Financial accounting issues in the formation of partnerships and LLCs; Financial vs. tax accounting for partnership/LLC capital accounts; Sec. 704(b) substantial economic effect rules and their relation to financial accounting; Integration of financial accounting for partnerships/LLCs with the Form 1065.

Part 2 – S Corporations: Financial Accounting: Review Accounting Standards Codification and its relationship to financial accounting for S corporations; OCBOA and its relationship to financial accounting for S corporations; Deferred tax accounting for S corporations; Required S status financial accounting disclosures; Financial accounting impact of the C to S election and the S to C election; The relationship of financial accounting and the Form 1120S.


Designed for:  Those working with partnerships, LLCs and S corporations and members in business and industry seeking to keep their knowledge current.

Developer: Federal Tax Workshops, Inc.

Level of Knowledge: Intermediate             Field of Study: Accounting
Prerequisite:  Basic working knowledge of financial and tax accounting.

Advanced Preparation:  None
Recommended CPE Credit: 8 hours



Tax Season Update with Steve Dilley

September, 2019


A year after the biggest tax reform since 1986 - and there is still much to learn about the Tax Cuts and Jobs Acts many changes to the tax environment as we know it.  This course will review the numerous IRS pronouncements and important NEW INFORMATION on the Act, and address those and other important developments impacting individual and business taxpayers that have occurred during tax season.  Useful strategies and key tax planning tips with practical solutions will be given to assist in the tax preparation process. 


Major Subjects:

Review the 2017 Tax Cuts and Jobs Act recent developments.

2018-19 legislative, judicial and IRS developments affecting both individual and business taxpayers.

Section 199A flow-through entities deduction and Form 8995.

New Meals and entertainment expense reporting.

Qualified parking fringe benefits.

Tax rates and inflation-adjusted figures for 2019.

New capitalization, expensing and depreciation regulations.

Review of significant changes in tax forms.

​Other recent Code, regulation, and case developments important in tax practice.


Designed for: Practitioners seeking an update on the latest tax developments and members in industry seeking to keep their knowledge current.


Developer: Federal Tax Workshops, Inc.
Level of Knowledge: Update Prerequisite: Basic working knowledge of individual and business taxation.                  Advanced Preparation: None    Recommended CPE Credit: 8 hours 

Company

HOT TOPICS AND CURRENT NEWS

Federal Tax Workshops © ALL RIGHTS RESERVED. 

+1.248.344.2997


MAILING ADDRESS
P.O. Box 59, Novi, MI  48375

for course information or to place an order of a live seminar or private webinar, contact: 

Marcie Smith - 248.344.2997

Email: marcieftw@sbcglobal.net


TO Contact Steve Dilley 

Phone: 517.896.7929

Email: dilley8733@yahoo.com

cpe alliance

Working together with State Society associations, accounting  organizations and firms  to update the profession on the most current issues.

CALL US