SCACPA’s tax courses offer specific information for a variety of specialty topics designed to allow SCACPA members to customize their training to their practice requirements.
Consider these points when comparing the SCACPA Tax CPE with the “One Size Fits All” programs offered elsewhere:
- Those types of programs were acceptable 30 years ago when books were printed for all attendees, the presenters used an overhead projector and there were payphones in the lobby so you could call the office at break times.
- The itinerary was the same for everyone! If you had any experience as a practitioner, at least half the topics were presented at a basic level and repeats of prior-year material.
SCACPA’s programs are designed and presented for specific audiences who require specialized knowledge.
Our Advanced Courses Will be Either Business or Individual, Not Both
That’s so our instructors can focus on such issues as depreciation and cost recovery in the Business Update, while concentrating on common issues encountered with Individual clients such as documentation of deductions and tracking basis in property.
While Advanced courses cover new legislation, they focus on technical problems in compliance and planning ideas. The Advanced programs include Lynn Nichols’ “Cases and Rulings,” a review of important developments for experienced tax people who have client responsibility.
UPCOMING LIVESTREAM DATES
Wednesday, Dec. 16 (8:30 a.m.-noon, 4 credits): Business Income Tax Update (LITX29/21). Instructor: Shelli Huston
Wednesday, Dec. 16 (1-4:30 p.m., 4 credits): Individual Income Tax Update (LITX29/21). Instructor: Shelli Huston
BONUS: SCACPA has obtained approval from the CFP (Certified Financial Planner) Board to offer CFP credit for those Tax Update courses courses in December.
Our Programs Go In To Detail That Give You The Edge
Our update courses will cover the effect of new laws on return preparation and compliance.
- “Everything Old is New Again! Preparing Form 1120 For Tax Years Beginning in 2020” (LITX27, Wednesday, Dec. 9, 8:30 a.m.-noon) is more than a passing nod at Form 1120. There are new tax rules governing losses, COVID-19 subsidies, allowable accounting methods, and even some retroactive rules for deducting the costs of Qualified Improvement Property. This course is approved for Enrolled Agents.
- IRS publication 4557 makes the return preparer responsible for protecting client information from identity thieves. “PUB 4557 Safeguarding Taxpayer Data” (LITX26, Friday, Dec. 11, 10:20 a.m.-noon).
- Our latest livestream Tax Team course for more advanced tax knowledge is “Federal Tax Update” (LITX24, on Thursday, Dec. 3, 8:30 a.m.-4 p.m.), with instructor Art Werner.
We Know Your Time is Valuable, So We Don’t Waste It
Specialty topics are covered in 2-hour and 4-hour programs. For example, “Meals and Entertainment: Compliance, Reliance and Best Practices” (LITX19, Tuesday, Nov. 17) is best offered to those who really want to apply it, but it doesn’t take all day to learn. Two hours is enough, and it is available via the safety and security of livestream.
What We Are Not
Some programs offer a one-day “Business and Individual” update. That’s a tax update from 30,000 feet for the partner or manager who has enough experience to teach the course and just needs to know what substantial changes might affect the firm’s tax clients.
“One Size Fits All” programs, frankly, are a relic. They are left over from the days when we did tax research using volumes of reported tax cases updated monthly by Commerce Clearing House or RIA, and we sent “input forms” to another city where a computer would use that data to prepare the tax return.
In short, SCACPA members will find many options for effective and useful training.
To find an in-person location near you as well as which classes are offered via livestream for your learning convenience, visit the online SCACPA CPE Catalog and Store.
You can find a list of all upcoming SCACPA Tax courses by clicking here.