CPA trendlines and AA

2-hour Self-Study Course:
Tax Season Tune Up
Exactly What You Need to Know To Prepare 2021 Tax Returns

Self-Study Course – Recorded on February 9, 2022
2 CPE, 2 IRS CE

Includes Handout, Video Recording, and Exam

Program Description:

Tune up = to adjust an engine or mechanism to operate at peak efficiency  (Oxford Online Dictionary)

What are the exact recent tax law changes which impact the preparation of 2021 tax returns?  There are plenty affecting Forms 1040, 1065, 1120S, 1041, 1120, 941 and so on. This course dives into 2021 law changes and tunes you up to make you a well operating machine for tax season.

In this all-new, built-from-scratch 2 hour course, we’ll focus on:

  • Impacts of recent legislation (Con App 21 and Rescue Act (ARPA)) on 2021 returns
  • Changes to IRS Forms that may reach out to bite you
  • IRS again tweaks requirements for Form 1065 K-1 tax capital account reporting
  • New sticky wickets: Child tax credit advances, economic impact payments, premium tax credits
  • Massive overhaul to earned income tax credit rules (that no one can step over)
  • Employee retention credit interaction with income tax returns
  • Amended return mania re: in which year to place PPP debt relief income
  • IRS changes up the virtual currency question – What we all must know
  • FFCRA employment tax credit interaction with income tax returns
  • New adventures in reporting effects of federally declared disasters
  • Examples: How to adjust Forms 941 and 941-X for 4Q employee retention credit
  • IRS practice considerations / protecting statutes of limitations & other deadlines
  • Tax planning in the face of it all

We all run a whole lot better when we’re tuned up

bradleyBurnnett

Presenter: Bradley Burnett

Bradley Burnett, J.D., LL.M., is a practicing Colorado tax attorney with 39 years of tax practice experience.  His practice emphasis is on tax planning and tax controversy resolution.  He also prepares a handful of tax returns.

Mr. Burnett has delivered more than 3,000 presentations on U.S. tax law throughout all fifty U.S. states, Washington, D.C., the Bahamas, Italy, Greece, Turkey, and Canada. He has authored texts of 35 CPE courses.  He has appeared on television answering tax questions for call-in viewers of Denver NBC affiliate KUSA Channel 9.  Brad received the Illinois Society of CPAs Instructor Excellence Award for teaching in Chicago and five times has been the top-rated, most requested instructor for CPA Society annual tax conferences.

Burnett’s seminar style is to deliver the subject matter in briskly paced, enthusiastic and witty fashion.  His forte’ is the candid communication of practical ideas relating to tax law.

RickHost: Rick Telberg

 

  • Founder and CEO CPA Trendlines, Bay Street Group
  • Accounting Today Top 100
  • CPA Practice Advisor Top 25

Sandi Leyva, Accountant's Accelerator Founder PresidentHost: Sandi Leyva

 

  • Founder and President Accountant’s Accelerator, Sandra L Leyva, Inc.
  • CPA Practice Advisor Top 25
  • Most Powerful Women in Accounting

CPE Details

Prerequisites: None

Advanced Preparation: None

Program Level: Update

Delivery Method: QAS Self-Study

Field of Study: Taxes

CPE Hours: 2

IRS CE Hours: 2

IRS Program Number: WVOOK-U-00055-22-S

NASBA

Sandra L. Leyva, Inc. is registered with the National Association of the State Boards of Accountancy (NASBA) as a sponsor of continuing education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website www.nasbaregistry.org. Our NASBA sponsor number is 112525.

Self-Study Course – Recorded on February 9, 2022
2 CPE, 2 IRS CE

Includes Handout, Video Recording, and Exam