Accounting and financial reporting for construction contractors may be the most challenging to comply with the various standards. Construction engagements are, in many instances, more “dangerous” than most lines of business due to the many users...
With the increasing complexity and ever-changing nature of tax laws and issues, today’s accountant needs a one-day update course focusing on individual income tax issues, emphasizing newly enacted income tax legislation. This comprehensive class...
When real property is sold for a gain, we always try to find ways to defer recognizing income so it won’t be necessary to send a check to Uncle Sam. There are two provisions within the Internal Revenue Code that allow the taxpayer to defer...
With the increasing complexity and ever-changing nature of tax laws and issues, today’s accountant needs a one-day update course focusing on business income tax issues with an emphasis of newly enacted income tax legislation. This comprehensive...
Review the Accounting Standard Updates effective in 2024 for public entities, private entities, and nonprofits. Review the items coming down the pike, including a look at the projects identified by the FASB's Invitation to Comment: Agenda...
Review the core concepts of trust and estate income tax preparation and the common terminology and complicated income tax rules of estates and trusts, fiduciary accounting, and an introduction to or refresher on preparing Form 1041. The included,...
Entities subject to Yellow Book and compliance audits have a high degree of public accountability. This course will focus on the critical fraud risk management and internal control concepts necessary to achieve that objective.
Discuss, practically, how an S corporation shareholder calculates their stock and loan basis on Form 7203. Form 7203 is the IRS Form on which a shareholder is sometimes required to calculate their stock and loan basis. This topic is critical when...
This course aims to train new staff accountants, data processing employees, paraprofessionals, and bookkeepers to prepare a moderately complex federal individual income tax return. Over the years, thousands of new staff have received practical,...
The employer-employee relationship strains both sides in uncertain times. Businesses need CPAs, controllers and other advisors to understand the complicated legal, tax and health care issues associated with all aspects of employment, especially...
