The course will provide the CPA advisor with guidance in navigating the challenges faced by closely held business clients with succession planning and ownership changes.Find out more
Discussion Leader David Peters, CPA, CFP, CLU, CPCUFind out more
This advanced level update course concentrates on developments in federal tax law affecting planning and compliance for business entities and business transactions. It covers those parts of the Tax Cuts and Jobs Act of 2017 that are most troublesome to businesses: Section 199A Qualified Business Income deduction; Section 163(j) interest limitation; Section 461(l)(1)(B) limit on business losses. You may have been busy with compliance work, but it’s time now to help your business clients with tax strategies for 2020. Verne McGough will bring you up to date on application and calculation of the “199A Deduction.” Art Werner and Lynn Nichols will concentrate on IRS rulings and court decisions that can affect how you advise your business clients on federal income tax matters.Find out more
This course will look at the recent activities of FASB as well as the Auditing Standards Board and Accounting and Review Services Committee of the AICPA. We’ll look at the impact of the new standards and how you can prepare to implement them in a practical way. We’ll discuss the Audit Quality Initiative of the AICPA and take a look at some common audit issues.
Key focus areas include:
- Recent accounting standard updates (ASUs)
- Revenue recognition
- Financial instruments
- SAS 133
- SSARS 24
- AICPA Auditor’s Report
- Enhancing audit quality initiative
A large amount of money will pass from the baby boomers to future generations over the next few decades. Given this sizable transfer of wealth, successful CPAs must be equipped to advise not only their existing clients, but also their clients’ children, grandchildren and even parents. We will discuss multi-generational planning and strategize on ways of meeting the financial goals of individuals across generations.Find out more
There are major taxation issues that arise during general litigation. Be prepared to advise your clients of those issues. This course will cover topics covered include damages, wrongful dismissal, divorce, bankruptcy, real estate, corporate share repurchases, partnership disputes and trusts and estates.Find out more
The tax code offers a variety of ways for grandparents to give to their grandchildren without tax consequences.
In this session we will discuss opportunities, such as gifting, paying health care expenses, serving as a grandchild's main source of support and establishing a grantor trust.
Discussion Leader J Strickland, CPA, MBA, JDFind out more
Discussion Leader Rosalyn Glenn, CPAFind out more
Last chance before tax season to catch up on developments in the tax law likely to affect compliance for 2019 and planning for 2020. Lynn Nichols and Mike Tucker head up the Tax Team for this update that concentrates on significant developments that might affect preparation of a 2019 Form 1040 or the advice you give a client with complex affairs or a unique transaction in 2020. By this time we all have been through a tax season with IRS working the bugs out of the Tax Cuts and Jobs Act. The advice we gave last year might not be correct a year later. Join the Tax Team for this advanced level update and be ready for whatever comes your way from your individual clients.Find out more
Discussion Leader Christopher Jenkins, CAEFind out more
In this course, SCACPA CEO Chris Jenkins will give a review of best practices regarding technology and security and provide an overview of IRS Publication 4557 including the FTC requirements for CPAs.Find out more
Microsoft Excel offers a wide range of solutions for your common data input requirements, and now tech guru and SCACPA CEO Chris Jenkins gives you the keys in this very applicable course.
Become familiar with these powerful features:
- Auto Fill (a command smart enough to figure out almost any series of data you want to continue)
- Quick Analysis (adds graphical elements to better describe your data)
- Flash Fill (allows you to take two adjoining cells and combine them in a third)
- Text to Columns (used to split data into multiple columns)
This is a must-attend for anyone looking to excel in Excel!Find out more