2020 Federal Income Tax Update — Business

Course Description

Archive : 2020 Federal Income Tax Update — Business Digital Download
Salepage : 2020 Federal Income Tax Update — Business
Delivery : Online With Any Device

The next four parts of this course entail the logistics of Third-Party Settlements, Employee Retention, Section 199A and Educator’s Above-The-Line Deductions, and many other tax specifics. The forms associated with these various tax elements may seem complicated, but this course will educate you on the nuances of navigating these and other tax categories.

The goal is to put you as the practitioner in a position where you can answer questions, make recommendations, and advise your clients accordingly, putting them at ease. It is expected to be a busy upcoming tax season. The information in this course will aid you in educating clients of their filing options and ensure they properly ascertain their financial position and qualifying factors during tax time.

These courses may be taken à la carte or as a full program.

**Please Note:   If you need credit reported to the IRS for this IRS approved program (8 Hours Only), please download the IRS CE request form on the Course Materials Tab and submit to [email protected].

Basic Course Information

Major Subjects

• Qualified Business Income (QBI)
• Travel or Business Aggregation
• Failed Business Expenses
• Depreciation
• Deferral of Employer Payroll Taxes
• Estate and Gift Planning
• Roth IRA
• Unreimbursed Medical Exception
• Qualified Tuition Plans

Learning Objectives

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

• Explain Section 199A o List Qualified Business Income (QBI) exclusions o Differentiate aspects of Statutory Independent Contractors
• Define Passive Activity relating to Real Property Rentals o Associate appropriate entities with the Self-Employment (SE) Tax
• Recite considered Disability Exceptions
•  Describe the U.S. Savings Bonds Education Exclusion

Arthur Joseph Werner, JD, MS (Taxation), is the president and is a shareholder in the lecture firm of Werner-Rocca Seminars, Ltd. Mr. Werner’s lecture topic specialties include business, tax, financial and estate planning for high net worth individuals.   In addition, Mr. Werner is an adjunct professor of taxation in the Master of Science in Taxation program at the Philadelphia University.   Mr. Werner received his B.S. in Accounting and his M.S. in Taxation from Widener University. He holds a J.D. in Law from the Delaware Law School.

Mr. Werner lectures extensively in the areas of Estate Planning, Financial Planning, and Estate and Gift Taxation to Certified Public Accountants and Financial Planners, and has presented well in excess of 2500 eight-hour seminars over the past twenty-five years as well as numerous webinars and video presentations. Mr. Werner has been rated as having the highest speaker knowledge in his home state of Pennsylvania by the Pennsylvania Institute of Certified Public Accountants, was awarded the AICPA Outstanding Discussion Leader Award in the State of Nevada, the Florida Institute of CPAs Outstanding Discussion Leader Award, and the South Carolina Association of CPAs Outstanding Discussion Leader Award.