Taxation

CPE247.com Registry # 115738 is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional 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.

Express Courses
Express Courses
Ultimate Tax
Ultimate Tax


 Title  Credit  Format  Price  View
+    2019 TCJA Value Pack 139 Online $219.00 View

Have questions about the new Tax Cut & Jobs Act?

Let CPE247 give you the answers. Our new TCJA Value Pack is the ultimate guide to the new tax legislation.  This 16 course package will answer all the questions you may have with in-depth and detailed explanations and examples. 

The author breaks down tax changes in individual, business, gift, corporate, and other topics


The TCJA Value Pack is Continuing Education the Way It Should Be. 
We have simplified our program with a 1,2,3, approach, pioneering the new way to meet your CPE needs.

  1. Select your course
  2. Complete the easy-access online exam
  3. Print your certificate instantly online.

By following these three easy steps you can complete your CPE in no time! Get started today, and take advantage of our 100% money back guarantee*.

 


The 1,2,3 Approach.

1.The TCJA Value Pack gives you access to 14 detailed courses on the Tax Cuts & Jobs act.

Courses Include:

  1. 2019 Estate Gift and Generation Skipping Transfer Taxes
  2. 2019 Gift Tax
  3. 2019 Individual Retirement Accounts
  4. TCJA – Business Tax Reform
  5. TCJA – Complete Review
  6. TCJA Exempt Organizations
  7. TCJA – Individual Tax Reform
  8. TCJA- International Tax Provisions
  9. TCJA Quick Review Business Tax Reform
  10. TCJA Quick Review Complete Bill
  11. TCJA Quick Review Individual Tax Reform
  12. TCJA Quick Review Exempt Organizations and International Tax Provisions
  13. 2019 Comprehensive Tax Update Complete
  14. 2019 Tax Update Must Know Tax Provisions for the 2019 Tax Season


2. All of the courses in the TCJA Value Pack are available immediately online, including the courses study guide, review questions, and the final exam. To complete your course, simply review the study guide and complete the easy-access online exam.

3. Once you have passed the exam, your certificate is instantly available to print for your records. In addition, as part of our service, your certificates and course records are stored and accessible from your online account, 24 hours a day, 7 days a week, indefinitely.

* Our money back guarantee allows you to review all the courses for the first 30 days. If within 30 days, if you are not satisfied, you may cancel and receive a full refund. No questions asked!

 

CPE247.com Registry # 115738 is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional 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.learningmarket.org.

 

 

 

Additional Contents : Complete, no additional material needed
Advance Preparation : None
Intended Participants :
Any CPA looking to maintain or enhance their professional competence

Course Declaration : Participants must complete the final examination within one year of purchase. A minimum passing grade of 70% or better is required to receive CPE
Click here to view cancelation and record retention policies

+    2019 Tax Cuts and Jobs Act Complete Review 29 Online $199.00 View

Introduction

The Tax Cuts and Jobs Act will dramatically change the US tax code in 2018. This course will provide a thorough review of the entire Tax Cuts and Jobs Act Bill (H.R.1.). The Tax Cuts and Jobs Act is organized into four primary sections of: Individual Tax Reform, Business Tax Reform, Exempt Organizations and International provisions. Part 1 of this course will provide a summary description of all provisions referenced in the Tax Cuts and Jobs Act for each of the primary sections. This description will identify the provisions that were changed and the provisions that were not changed for individual tax reform, business tax reform, exempt organizations and international tax provisions. The description also provides a reference to a more detailed description of the provision in Part 2 of this course.  The detailed description will review the current law, provide a detailed description of the change and identify the effective date that the provision will become effective.

Learning Objectives

At the end of this course, students will be able to:

  • Review the Individual Tax Reform provisions and identify the provisions that have been changed and the provisions that were not changed with the Tax Cuts and Jobs Act;
  • Review the Business Tax Reform provisions and identify the provisions that have been changed and the provisions that were not changed with the Tax Cuts and Jobs Act;
  • Review the Exempt Organizations provisions and identify the provisions that have been changed and the provisions that were not changed with the Tax Cuts and Jobs Act;
  • Review the International Tax provisions and identify the provisions that have been changed and the provisions that were not changed with the Tax Cuts and Jobs Act.
  • Identify where to find more information about each provision in part 2 of this course; and
  • Identify the effective date for all provisions in the Tax Cuts and Jobs Act.

Additional Contents :

Complete, no additional material needed

Advance Preparation : None
Intended Participants :
Any CPA looking to maintain or enhance their professional competence
Course Declaration :
Participants must complete the final examination within one year of purchase. A minimum passing grade of 70% or better is required to receive CPE
C
lick here to view cancelation and record retention policies

+    U-Corporate Tax Planning 21 Online $179.00 View

This course examines and explains the practical aspects of using the closely held corporation to maximize after-tax return on business operations. Recent developments giving corporations a competitive edge over other entities are explored and detailed. Practitioners are alerted to often missed fringe benefits, retirement planning opportunities, corporate business deductions, income splitting possibilities and little known estate planning techniques. The program covers step-by-step tax procedures to form, operate, and ultimately dispose of a closely held corporation. Distinctions between S and C corporations will be unraveled and guidelines for client direction given.

Course Level: Overview. This program is appropriate for professionals at all organizational levels.  
Field of Study: Taxes 
Prerequisite: General understanding of federal income taxation. 
Advanced Preparation: None

Passing Percentage: 70%
 

Please Click Here For Course Objectives

 

Additional Contents : Complete, no additional material needed
Advance Preparation : None
Intended Participants :
Any CPA looking to maintain or enhance their professional competence

Course Declaration : Participants must complete the final examination within one year of purchase. A minimum passing grade of 70% or better is required to receive CPE
Click here to view cancelation and record retention policies

+    1040 Workshop Updated 29 Online $179.00 View

Course description and objectives: Designed to make the practitioner comforta-ble with “high traffic” issues, this program enables participants to discuss and handle individual tax essentials. The course examines and explains the practical aspects of return preparation and individual planning, bridging the gap between theory and application. Significant new developments are summarized with em-phasis on tax savings ideas. Practical applications and illustrations are used to systematically explore tax deferral, reduction, and elimination opportunities ac-companying return preparation. For example, the analysis of gross income is dis-cussed together with income splitting techniques; property transactions are ex-amined alongside like-kind exchanges and involuntary conversions. The result is an extraordinary blend of the latest developments affecting individual returns and their related planning ideas.

Completion Deadline & Exam: This course, including the examination, must be completed within one year of the date of purchase. In addition, unless otherwise indicated, no correct or incorrect feedback for any exam question will be provid-ed.

Course Level: Overview. This program is appropriate for professionals at all or-ganizational levels.

Field of Study: Taxes

Prerequisite: General understanding of federal income taxation.

Advanced Preparation: None

Passing Percentage: 70%

Click Here For Courses Objectives

 

Additional Contents : Complete, no additional material needed
Advance Preparation : None
Intended Participants :
Any CPA looking to maintain or enhance their professional competence

Course Declaration : Participants must complete the final examination within one year of purchase. A minimum passing grade of 70% or better is required to receive CPE
Click here to view cancelation and record retention policies

+    2019 Comprehensive Tax Update Complete 30 Online $179.00 View

The Tax Cuts and Jobs Act will dramatically change the US tax code in 2018. This course will provide a thorough review of the tax code landscape for the 2019 tax year (H.R.1.). This course will provide a summary description of all provisions referenced in the Tax Cuts and Jobs Act. This description will identify the provisions that were changed and the provisions that were not changed for individual tax reform, business tax reform, exempt organizations and international tax provisions. The description also provides a reference to a more detailed description immediately following each summary.  The detailed description will review the current law, provide a detailed description of the change and identify the effective date that the provision will become effective.

At the end of this course, students will be able to:

  • ·         Review the Individual Tax Reform provisions and identify the provisions that have been changed and the provisions that were not changed with the Tax Cuts and Jobs Act;
  • ·         Review the Business Tax Reform provisions and identify the provisions that have been changed and the provisions that were not changed with the Tax Cuts and Jobs Act;
  • ·         Review the Exempt Organizations provisions and identify the provisions that have been changed and the provisions that were not changed with the Tax Cuts and Jobs Act;
  • ·         Review the International Tax provisions and identify the provisions that have been changed and the provisions that were not changed with the Tax Cuts and Jobs Act.
  • ·         Identify where to find more information about each provision; and
  • ·         Identify the effective date for all provisions in the Tax Cuts and Jobs Act.

Intended Participants : Any CPA looking to maintain or enhance their professional competence
Course Declaration :
Participants must complete the final examination within one year of purchase. A minimum passing grade of 70% or better is required to receive CPE
C
lick here to view cancelation and record retention policies

+    2019 Tax Cuts and Jobs Act - Business Tax Reform 13 Online $159.00 View

Introduction

The Tax Cuts and Jobs Act will dramatically change the US tax code in 2018. The Tax Cuts and Jobs Act is organized into four primary sections of: Individual Tax Reform, Business Tax Reform, Exempt Organizations and International provisions. This course will provide a thorough review of the Business Tax Reform portion of the Tax Cuts and Jobs Act Bill (H.R.1.). Part 1 of this course will provide a summary description of all provisions referenced in the Business Tax Reform section of the Tax Cuts and Jobs Act. It will identify which sections changed and which remained the same. Each provision will reference a more detailed description of the provision in Part 2 of this course.  The detailed description will review the current law, provide a detailed description of the change and identify the effective date that the provision will become effective.

Learning Objectives

At the end of this course, students will be able to:

  • Review the Business Tax Reform provisions and identify the provisions that have been changed and the provisions that were not changed with the Tax Cuts and Jobs Act;
  • Identify the new modified corporate tax rates for tax years beginning after December 31, 2017;
  • Recognize the new charitable contribution rules that apply to corporations;
  • Identify where to find more information about each provision in part 2 of this course; and
  • Identify the effective date for all provisions in the Tax Cuts and Jobs Act.

Additional Contents :

 

Complete, no additional material needed
Advance Preparation :
None
Intended Participants :
Any CPA looking to maintain or enhance their professional competence
Course Declaration :
Participants must complete the final examination within one year of purchase. A minimum passing grade of 70% or better is required to receive CPE
C
lick here to view cancelation and record retention policies

+    2019 Tax Update Must Know Provisions for 2019 Tax Season 20 Online $125.00 View

The Tax Cuts and Jobs Act will dramatically change the US tax code in 2018. This course will provide a thorough review of the tax code landscape for the 2019 tax year (H.R.1.). This course will provide a summary description of all individual and business provisions referenced in the Tax Cuts and Jobs Act. This description will identify the provisions that were changed for individual tax reform and business tax reform. The description also provides a reference to a more detailed description immediately following each summary.  The detailed description will review the current law, provide a detailed description of the change and identify the effective date that the provision will become effective.

 

At the end of this course, students will be able to:

  • ·  Review the Individual Tax Reform provisions and identify the provisions that have been changed and the provisions that were not changed with the Tax Cuts and Jobs Act;
  • ·  Review the Business Tax Reform provisions and identify the provisions that have been changed and the provisions that were not changed with the Tax Cuts and Jobs Act;
  • ·  Identify where to find more information about each provision; and
  • ·  Identify the effective date for all provisions in the Tax Cuts and Jobs Act.

Intended Participants : Any CPA looking to maintain or enhance their professional competence
Course Declaration :
Participants must complete the final examination within one year of purchase. A minimum passing grade of 70% or better is required to receive CPE
C
lick here to view cancelation and record retention policies

+    2019 TCJA Estate, Gift and Generation Skipping Transfer Taxes changes 8 Online $79.99 View

Introduction

Estate taxes are one of the taxes covered by the IRS’s unified transfer tax system. Estate taxes are designed to collect taxes from transferring property at death. Proper planning can save a substantial amount of money in taxes. This course will discuss estate planning and estate taxes. This course will describe the tools that are available for estate planning and will define the benefits of using each tool. This course will describe how to identify what is included in the gross estate and demonstrate how to calculate the gross estate amounts.

Learning Objectives

At the end of this course, students will be

  • Describe estate taxes and the purpose of estate taxes according to the Internal Revenue Code (IRC),
  • Identify the various types of trusts that can be used for estate planning,
  • Recognize what is included in the gross estate of a decedent,
  • Calculate the gross estate of a decedent,
  • Recognize the various deductions and credits available when calculating the gross estate of a decedent, and
  • Describe the purpose of Generation Skipping Transfers and the Generation Skipping Transfer Tax according to the IRC.

Additional Contents :

 

Complete, no additional material needed
Advance Preparation :
None
Intended Participants :
Any CPA looking to maintain or enhance their professional competence
Course Declaration :
Participants must complete the final examination within one year of purchase. A minimum passing grade of 70% or better is required to receive CPE
C
lick here to view cancelation and record retention policies

+    1040 Workshop Module 2 Expenses, Deductions & Accounting 11 Online $79.00 View

1040Module 2 Expenses, Deductions, & Accounting

 

We have taken our large 1040 Workshop and broken it down into 4 seperate courses for your convenience. Please note this learning module is a section of the 1040 Workshop.  You can only receive credit for each individual learning module or the 1040 Workshop in its entirety. You may not double the credits as they are the same course. 

Learning Objectives

After reading Chapter 2, participants will be able to:

1. Recognize the tax treatment of rental property expenses noting their impact on landlords and tenants taking into consideration the tax differences given to rent, advance payments, and security deposits.

2. Identify the application of the hobby loss rules to a business, determine deductible health insurance costs and the requirements of the home-office deduction, and specify self-employment taxes and available business and investment credits.

3. Determine how to properly deduct travel and entertainment expenses by:

a. Identifying deductible business travel expenses, a taxpayer’s tax home, if any, and work locations based on the IRS’s definition, and recalling the “away from home” requirement and “sleep and/or rest” rule;

b. Specifying the key elements of deductible domestic and foreign business travel costs noting the Reg. §1.162 deduction of convention and meeting expenses;

c. Identifying §274 entertainment deductibility tests, determining the limits on home entertaining,  ticket purchases, and meals and entertainment noting eight exceptions to the percentage reduction rule; and

d. Recognizing the substantiation requirements associated with business gifts, employee achievement awards, and sales incentive awards.

4. Determine the differences between accountable and nonaccountable plans including the requirements for an accountable plan particularly adequately accounting for travel and other employee business expenses.

5. Determine what constitutes local transportation and commuting including how nondeductible personal commuting relates to local business transportation expenses.

6. Identify the apportionment of automobile expenses between personal and business use, the actual cost and standard mileage methods, and the gas guzzler tax.

7. Specify the various types of excluded fringe benefits that can increase employers’ deductions and incentive-based compensation of employees listing examples of each.

 

8. Recognize the cash, accrual, or other methods of accounting, select available accounting periods noting their impact on income and expenses, and identify expensing, depreciation, and amortization.

+    1040 Workshop Module 3 Property Transfers and Retirement Plans 10 Online $74.99 View

1040 Workshop Module 3 – Property Transfers and Retirement Plans

We have taken our large 1040 Workshop and broken it down into 4 seperate courses for your convenience. Please note this learning module is a section of the 1040 Workshop.  You can only receive credit for each individual learning module or the 1040 Workshop in its entirety. You may not double the credits as they are the same course.  

 

Learning Objectives

After reading Chapter 3, participants will be able to:

1. Specify the tax consequences on the sale of easements and the holding period and basis of inherited property.

2. Identify the application elements of the §121 home sale exclusion noting associated safe harbor regulations.

3. Recognize the importance of the installment method and §453 requirements, and specify the §453 basic terminology.

4. Identify the variables that determine which §1038 rules apply noting distinctions among the rules, calculations, and effects of repossessions of personal property and repossessions of real property, and recognize when a bad debt deduction may be taken on a repossession.

5. Specify the tax treatment of a §1033 involuntary conversion by:

a. Determining related terminology and the tax consequences of receiving a condemnation award or severance damages;

b. Identifying gain or loss from condemnations noting the reporting of payments associated with involuntary conversions; and

c. Determining whether clients can postpone gain on condemned, damaged, destroyed, or stolen property and specifying the related party rule.

6. Recognize the scope of the §465 at-risk rules and their effect on property depreciation, and identify the requirements, mechanics, and types of §1031 like-kind exchange.

7. Identify qualified deferred compensation plans and nonqualified plans by:

a. Determining the major benefit of the qualified deferred plans and the calculation basis of benefits and contributions; and

b. Recognizing the current and deferred advantages and the disadvantages of corporate plans noting fiduciary responsibilities and prohibited transactions.

8. Identify the requirements of the basic forms of qualified pension plans permitting clients to compare and contrast such plans.

9. Determine the  distinctions between defined contribution and defined benefit plans, specify the types of defined contribution plans, and identify their effect on retirement benefits.

10. Identify how self-employed plans differ from qualified plans for other business types and owners, and specify the requirements of IRAs and the special requirements of Roth IRAs.

 

11. Determine what constitutes SEPs and SIMPLEs noting the mechanics and eligibility requirements of each type of plan.

+    A Guide To Tax Resolution: Solving IRS Problems 10 Online $69.99 View

Tax resolution means providing solutions to businesses and individuals alike who find themselves in trouble with the IRS. To resolve tax matters with the IRS, the IRS’ Offer in Compromise (OIC) program encourages delinquent taxpayers to settle their back taxes—-often for pennies on the dollar. This course covers other options to explore. The areas to be covered are: Offers in Compromise, Wage Garnishments, Bankruptcy, Installment, Delinquent Tax Returns, IRS Bank Levies, Freedom of Information Requests, IRS Payment Plans, Payroll Tax Problems, IRS Audits, Penalty Abatement, Liens, Collection Appeals, IRS Appeals, Innocent Spouse and Expiration of Statutes.  The course also contains step-by-step information needed in order to prepare a complete and accurate Offer in Compromise (Form 656) (rev. 2-2007), 433-A (rev. 1-2008), and 433-B (rev. 1-2008). The Tax Increase Prevention and Reconciliation Act of 2005 (TIPRA) is summarized. This course can help hundreds of individuals and business with their IRS collection problems.

Click Here to view course objectives

Additional Contents : Complete, no additional material needed
Advance Preparation : None
Intended Participants :
Any CPA looking to maintain or enhance their professional competence

Course Declaration : Participants must complete the final examination within one year of purchase. A minimum passing grade of 70% or better is required to receive CPE
Click here to view cancelation and record retention policies

+    2019 Tax Cuts and Jobs Act - Individual Tax Reform 8 Online $69.99 View

 Introduction

The Tax Cuts and Jobs Act will dramatically change the US tax code in 2018. The Tax Cuts and Jobs Act is organized into four primary sections of: Individual Tax Reform, Business Tax Reform, Exempt Organizations and International provisions. This course will provide a thorough review of the Individual Tax Reform portion of the Tax Cuts and Jobs Act Bill (H.R.1.). Part 1 of this course will provide a summary description of all provisions referenced in the Individual Tax Reform section of the Tax Cuts and Jobs Act. It will identify which sections changed and which remained the same. Each provision will reference a more detailed description of the provision in Part 2 of this course.  The detailed description will review the current law, provide a detailed description of the change and identify the effective date that the provision will become effective.

Learning Objectives

At the end of this course, students will be able to:

  • Review the Individual Tax Reform provisions and identify the provisions that have been changed and the provisions that were not changed with the Tax Cuts and Jobs Act;
  • Recognize the tax rate changes for the four types of individual taxpayers
  • Recognize the new standard deduction amounts for the four types of individual taxpayers
  • Identify where to find more information about each provision in part 2 of this course; and
  • Identify the effective date for all individual tax provisions in the Tax Cuts and Jobs Act.


Additional Contents : Complete, no additional material needed

Advance Preparation : None
Intended Participants :
Any CPA looking to maintain or enhance their professional competence
Course Declaration :
Participants must complete the final examination within one year of purchase. A minimum passing grade of 70% or better is required to receive CPE
C
lick here to view cancelation and record retention policies

+    1040 Workshop Module 1 Individual Tax Benefits 9 Online $69.00 View

1040 Module 1 – Individual Tax Benefits

 

We have taken our large 1040 Workshop and broken it down into 4 seperate courses for your convenience. Please note this learning module is a section of the 1040 Workshop.  You can only receive credit for each individual learning module or the 1040 Workshop in its entirety. You may not double the credits as they are the same course. 

 

Learning Objectives

After reading Chapter 1, participants will be able to:

1. Identify federal revenue tax sources noting the definitive role of gross income and, determine a client’s tax liability using current rates, tables, and statutory amounts, and their withholding and/or  estimated tax responsibility.

2. Specify the various filing statuses and their filing requirements noting the advantages and disadvantages of each.

3. Determine what constitutes gross income under §61 noting the tax treatment of compensation, fringe benefits, rental income, Social Security benefits, alimony, prizes and awards, identify dividend and distribution types and their tax differences, and specify how debt discharge can result in taxable income.

4. Identify the mechanics of income exclusions such as education-related exclusions, gift and inheritance exclusions, insurance, personal injury awards, interest on state and local obligations, and the foreign earned income exclusion.

5. Recognize income tax deductions and their use to reduce tax liability by:

a. Identifying personal, spousal and dependency exemptions and reporting requirements including pre-2005 dependency rules;

b. Specifying the deductibility of §163 interest categories, §162 educational expenses, §217 moving expenses, §165 casualty & theft losses, and §164 taxes noting their proper reporting and substantiation;

c. Determining variables that impact the deductibility of charitable contributions, and identifying qualified organizations, permissible contributions contribution limitations, their tax treatment, and substantiation requirements;

d. Identifying the deductibility of medical care expenses including medical insurance, meals and lodging, transportation, home improvements and lifetime care payments noting the impact of Medicare;

e. Specifying deductions that are subject to the 2% of AGI limitation, deductions not subject to the 2% limit, and nondeductible expenses.

 

6. Determine distinctions among several types of tax credits identifying the eligibility requirements and noting the cited changes created by recent tax legislation to individual tax returns.

+    2019 Tax Cuts and Jobs Act International Tax Provisions 8 Online $69.00 View

 Introduction

The Tax Cuts and Jobs Act will dramatically change the US tax code in 2018. The Tax Cuts and Jobs Act is organized into four primary sections of: Individual Tax Reform, Business Tax Reform, Exempt Organizations and International Provisions. This course will provide a thorough review of the International Provisions portion of the Tax Cuts and Jobs Act Bill (H.R.1.). Part 1 of this course will provide a summary description of all provisions referenced in the International Provisions section of the Tax Cuts and Jobs Act. It will identify which sections changed and which remained the same. Each provision will reference a more detailed description of the provision in Part 2 of this course.  The detailed description will review the current law, provide a detailed description of the change and identify the effective date that the provision will become effective. 

Learning Objectives

At the end of this course, students will be able to:

  • Review the International Tax provisions and identify the provisions that have been changed and the provisions that were not changed with the Tax Cuts and Jobs Act.
  • Recognize the tax rate changes associated with Subpart F
  • Identify the changes to foreign income taxation that were implemented with the Tax Cuts and Jobs Act
  • Recognize where to find more information about each provision in part 2 of this course; and
  • Identify the effective dates for the International Tax Provisions portion of the Tax Cuts and Jobs Act.

Complete, no additional material needed
Advance Preparation :
None
Intended Participants :
Any CPA looking to maintain or enhance their professional competence
Course Declaration :
Participants must complete the final examination within one year of purchase. A minimum passing grade of 70% or better is required to receive CPE
C
lick here to view cancelation and record retention policies

+    Estate Taxes for 2019 6 Online $59.99 View

Introduction

Estate taxes are one of the taxes covered by the IRS’s unified transfer tax system. Estate taxes are designed to collect taxes from transferring property at death. Proper planning can save a substantial amount of money in taxes. This course will discuss estate planning and estate taxes. This course will describe the tools that are available for estate planning and will define the benefits of using each tool. This course will describe how to identify what is included in the gross estate and demonstrate how to calculate the gross estate amounts. This course has been updated to reflect all current changes to tax law and amounts for 2019.

Learning Objectives

At the end of this course, students will be

·         Describe estate taxes and the purpose of estate taxes according to the Internal Revenue Code (IRC),

·         Identify the various types of trusts that can be used for estate planning,

·         Recognize what is included in the gross estate of a decedent,

·         Calculate the gross estate of a decedent,

·         Recognize the various deductions and credits available when calculating the gross estate of a decedent,

·         Recognize the benefits of electing portability and calculating portability exemption amounts, and

·         Describe the purpose of Generation Skipping Transfers and the Generation Skipping Transfer Tax according to the IRC.

 

CPE Credit: 6 CPE for CPAs and EAs

Level: Intermediate

Instructional Method: Self-Study

NASBA Field of Study: Taxes

Program Prerequisites: Basic understanding of federal income taxation and estate concepts.

Advanced Preparation: None