Webinar:

Employee Retention Credit Update:

On the Bus, In the Bus or Under the Bus

How and Where To Go From Here

Live Webinar – 3 Hours
July 23, 2024
10AM PT, 11AM MT, Noon CT, 1PM ET

Includes Video Recording and Handout

3 hour, 3 CPE, 3 IRS CE

Until Midnight ET July 21, 2024, then $129
Recording Only – No CPE
Recorded on June 7, 2024

Includes Video Recording and Handout

2 hour, 0 CPE, 0 IRS CE

Self-Study Course
Recorded on April 30, 2024

Includes Video Recording, Handout, and Exam

2 hour, 2 CPE, 2 IRS CE

Program Description:

The Employee Retention Credit (ERC) took America by storm in a big storm. In so doing, it itself created a storm of Biblical proportion. Legitimate businesses via legitimate tax professionals applied for it. Half-baked bystanders jumped in and winged it. Greedy, non-tax professional, loose-cannon profit seekers jumped onto the bandwagon as rampant fools.

A well-intended Congress itself wrote lofty and loose qualification standards. IRS fleshed out mostly helpful low-level guidance which got us started into the woods. At times, IRS nonsensically concocted adversarial rules that stepped off track away from the skimpily drafted legislation.

What resulted is nothing short of chaos as everyone and their dog plunged headlong into the ERC fray. IRS then blew a whistle to stop processing ERC claims and Congress now threatens to cut off the filing date for claims retroactively.

Many businesses are caught either on the ERC bus, outside (or potentially outside) the bus or under the bus. Many tax practitioners are shaking in their boots (or probably should be if they’re not). The question remains “how and where do we go from here?”

This course walks through the following:

–       If you’ve filed an ERC claim with IRS and it’s just sitting there in limbo, what do you do now?

–       If IRS has responded to your ERC claim and disallowing it (or giving to you other flack), how do you respond?

–       If you’re associated with a filed ERC claim that is improper, how best to proceed (and attempt to save your bacon)?

–       How to approach income tax amended returns (to reduce wage expense) and manage clients in the process

–       Is it too late to file an ERC claim? – Pros and cons on whether to do so

–       Ethical (including Circular 230) landmines along the merry path

–       How to advise clients who may be on the ERC bus, outside of it or under it

–       How to not make more mistakes (than those already on the table)

Book your ticket to look in on the ERC bus tour today

bradleyBurnnett

Presenter: Bradley Burnett

Bradley Burnett, J.D., LL.M., is a practicing Colorado tax attorney with 40 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.

“As an attendee at the March 24th online webinar “Claiming ERC in 2023..” (CPA Trendlines – Leyva Learning – March 24), I was pleasantly surprised by the content and tone of the presentation. Having tried to reconcile what little guidance I could find from the IRS with what clients and media were reporting as program requirements, it was refreshing to hear a reasoned response supported by authoritative citations. – D.M., CPA

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 Accountant’s Accelerator, Leyva Learning LLC
  • CPA Practice Advisor Top 25
  • Most Powerful Women in Accounting

CPE Details

Prerequisites: None

Advanced Preparation: None

Program Level: Update

Delivery Method: Group Internet Based, QAS Self-Study

Field of Study: Taxes

CPE Hours: 2, 3

IRS CE Hours: 2, 3

IRS Course Number: TRBKD-U-00024-24-O, TRBKD-U-00024-24-S, TRBKD-U-00027-24-O

NASBA

Leyva Learning LLC 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.

Live Webinar – 3 Hours
July 23, 2024
10AM PT, 11AM MT, Noon CT, 1PM ET

Includes Video Recording and Handout

3 hour, 3 CPE, 3 IRS CE

Until Midnight ET July 21, 2024, then $129
Recording Only – No CPE
Recorded on June 7, 2024

Includes Video Recording and Handout

2 hour, 0 CPE, 0 IRS CE

Self-Study Course
Recorded on April 30, 2024

Includes Video Recording, Handout, and Exam

2 hour, 2 CPE, 2 IRS CE

Seating is limited, so register now.  This webinar is packed with high quality content and will fill up fast!