There are only so many days left in December until the clock strikes midnight on 2019. Maybe in the end-of-year rush, you still need a few final CPE credits to reach your 40 hours.

That’s why SCACPA once again has you covered with specially scheduled just-in-time rebroadcasts of some of our most popular courses of the year. So set aside the time you need and use your CPE Bank to schedule this course on the final Monday of December.

If you didn’t have the opportunity to join us for this live event, tune in to and watch one of these courses for your convenience:

Monday, Dec. 30

  • Team Tax Current Developments in Business and Individual Tax for Preparers and Advisors (8 hours)

The course includes a live chat room monitored by an instructor to address your questions and concerns. (And here’s a helpful hint about your attendance codes: Jot them down as a backup in case your browser refreshes or resets during the course.)

Here are more details about what you’ll find:


Team Tax Current Developments in Business and Individual Tax for Preparers and Advisors (LITX24R)

8:30 a.m. – 4:30 p.m. (8 credit hours)

Discussion Leader: E. Lynn Nichols, CPA

The SCACPA Tax Team returned in 2019 to hold popular session across the state. In this course, a federal income tax update focused primarily on income tax reporting and calculation issues for preparation of 2019 returns. Topics are selected for their likely interest to CPAs who are responsible for assisting clients with preparing returns to report complex Federal income tax matters and to determine income tax liabilities of business enterprises and their owners.

Program Includes:

  • Tax compliance rules (do’s and don’ts)
  • TCJA 2017 Guidance: Regulations, Revenue Rulings, Notices and Revenue Procedures
    • New Forms
    • Required supplemental information
    • Simplified employee reporting of certain benefits
    • Published IRS Guidance in FAQs, the IRS’s own training materials and checklists
  • Court decisions affecting Federal income tax compliance for all taxpayers
    • Quick review of worker classification
    • Employer-provided meals and other fringe benefits
    • Recordkeeping requirements

Designed For: CPAs, EAs and Attorneys who prepare Federal income tax returns and answer questions from clients such as “Is this a deductible?” or “Can I claim my granddaughter as a dependent?” Or “Do I have to report the amount on a 1099-C as income?”

Learning Objectives:

  • Comply with changes in the law for your clients’ benefits to …
    • Report the proper amount of income
    • Use the current version of complex forms
    • Provide all information to get maximum Section 199A deductions
    • Follow loss limitation rules to get maximum deductions
    • Keep records necessary for year-to-year deductions
  • Document compliance with the law
  • Avoid IRS “Hot Buttons”
  • Follow IRS “Safe Harbor” guidance on complex issues