The small business's life cycle can be summed up in three segments: 1) starting the business, 2) operating the business, and 3) getting out of the business. Focus on getting out of the business. The most elusive element of owning a small business...
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...
Most CPAs have been preparing individual income tax returns for years, and while many of the returns are easy, there are always a number of issues that come up in busy season of which experienced practitioners wish they had more knowledge....
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.
Staff accountants have specific needs when working with Excel - needs that often need to be met by their existing Excel knowledge. Chief among these is the need to quickly summarize data, prepare accurate and aesthetically pleasing reports, and...
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...
Develop your soft skills in training courses that benefit both the person attending and their organization. This course, the final course of the five-course series, is applicable for various accounting departments (i.e. audit, tax, consulting,...
