Exploring Client Advisory Services - 2024 Tax Update
Available Until
Self-study
5.50 Credits
Member Price $169.00
Non-Member Price $189.00
Overview
Client Advisory Services (CAS) professionals are becoming a more integral part of the operations of any CPA firm. As such, they must stay on top of changing tax law. In this course, we will explore tax changes in areas CAS professionals are involved with - information reporting, payroll tax issues, and tax credit and deduction documentation. We will also discuss relevant changes on individual and business tax returns so that CAS professionals can better assist clients with tax needs in the upcoming year.
Highlights
- Common Tax Deadlines & Penalties
- Employee Retention Credit
- New Developments
- Beneficial Ownership Information Reporting
- Bonus Deprecation Changes
- Form 1099 Reporting & Changes
- Online Accounts & IP PINs
- Virtual Currency
- Updates
- Green Energy Credit Compliance
Prerequisites
A basic understanding of federal taxation.
Designed For
Tax practitioners and financial advisors who are looking to stay current on federal tax issues.
Objectives
- Recall common tax deadlines, penalties, and potential remedies.
- Identify the requirements and how to file for withdrawal of an ERC claim.
- Recognize where to file an initial beneficial ownership report on the FINCEN website.
- Identify where to claim deductions for software on Form 4562.
- State the differences between 1099
- K, 1099
- NEC, and 1099
- MISC.
- Recognize when a taxpayer must file electronically.
- Identify when a taxpayer may obtain an IP PIN.
- State the reporting requirements for virtual currency.
- Recognize reporting and substantiation requirements related to green energy credits.
Preparation
None
Notice
This is a self-study/on demand course offered by a 3rd party vendor and will not be accessible in the My Upcoming CPE section of the ISCPA website. Course access information will be emailed directly to you by Peters Professional Education (PPE). The course expires one year from the purchase date.
Leader(s):
Leader Bios
David Peters, Peters Professional Education LLC
DAVID R. PETERS, CPA, CFP, MST, CPCU, CLU
David Peters is the Founder and Owner of Peters Professional Education and Peters Tax Preparation & Consulting, PC. He is also a financial advisor for Peters Financial, LLC. David has over twenty years of experience in financial services, including 3 years in the hedge fund industry and 14 years in the insurance industry. David was the first-ever Chief Financial Officer at Compare.com - a position he held for more than three years.
In addition to running his own professional education website, David is a National Instructor for the AICPA, Surgent, Kaplan, and Don Farmer Tax Seminars. He was a recipient of Surgent's Outstanding Discussion Leader award in 2019 and 2022, as well as the AICPA's Outstanding Facilitator Award in 2021 and 2023. He regularly teaches courses in accounting, finance, insurance, financial planning, and ethics throughout the United States. David holds four masters degrees, and is currently pursuing his PhD in Financial Planning. He contributes regularly to various CPA publications, including NCACPA's Interim Report, SCACPA's CPA Report, and VSCPA's Disclosures. David was also a co-author of the 2018, 2019, and 2020 Virginia CPA Ethics courses - a required course for all CPA's licensed in the Commonwealth of Virginia.
- Website: www.petersprofessionaleducation.com
- YouTube: www.youtube.com/@DavidPetersFinancial
- LinkedIn Company: https://www.linkedin.com/company/95657499/admin/analytics/updates/
- LinkedIn Personal: https://www.linkedin.com/in/david-peters-financial/
- Facebook: https://www.facebook.com/davidpetersfinancial
- Twitter/X: https://x.com/DavidPFinancial
Non-Member Price $189.00
Member Price $169.00