Unlimited EA Continuing EducationCE

This course provides a thorough, line-by-line walkthrough of Form 990 and its related schedules, helping tax practitioners understand how tax-exempt organizations use the form to report their activities, governance, and financial position. Coverage begins with the core Form 990 and its general instructions, then moves through each major section including the summary, statement of program service accomplishments, required schedules, compensation reporting, revenue, functional expenses, and the balance sheet.

The course also examines each of the commonly filed schedules in detail, from Schedule A (Public Charity Status) through Schedule R (Related Organizations), including coverage of political campaign and lobbying activities, fundraising and gaming, hospitals, grants, compensation information, tax-exempt bonds, transactions with interested persons, noncash contributions, and liquidation or dissolution reporting. This is a practical resource for anyone involved in preparing or reviewing Form 990 filings.

This course offers a comprehensive overview of federal income tax laws for individuals, reflecting changes made by the One Big Beautiful Bill Act (OBBBA). It covers the full scope of individual tax preparation, beginning with filing requirements, filing status, and dependents, then moving into all major categories of income including wages, interest, dividends, rental income, retirement distributions, and Social Security benefits. The course also addresses gains and losses from property sales, including basis calculations, home sales, and capital gain reporting.

Additional topics include adjustments to income such as IRA contributions, alimony, and education-related deductions, as well as the standard deduction and all major itemized deductions. The course concludes with detailed coverage of tax credits, including the child tax credit, earned income credit, education credits, and the premium tax credit, along with guidance on computing tax liability and understanding the alternative minimum tax.

FOR 2025 RETURNS

This course provides a practical overview of federal tax rules affecting small businesses and self-employed taxpayers. It covers entity selection and tax reporting for sole proprietorships, partnerships, LLCs, S corporations, and C corporations, along with accounting methods, tax years, and recordkeeping requirements. The course explains how to determine and report business income, including gains and losses, Section 1231 transactions, installment sales, and depreciation recapture.

Additional topics include common business deductions such as compensation and fringe benefits, travel and meals, vehicle expenses, repairs versus improvements, depreciation and expensing elections, retirement contributions, home office deductions, and health coverage. The course also addresses business credits, loss limitations, and the qualified business income deduction, with emphasis on compliance, planning considerations, and practical application for small business advisors.

This course covers the full range of tax deductions available to landlords, providing practical guidance on how to maximize allowable write-offs for rental property activities. Topics include landlord tax classifications, deductible operating expenses, the tax treatment of repairs versus improvements, depreciation basics, bonus depreciation, and Section 179 expensing. The course also addresses the pass-through tax deduction, interest deductions, and start-up expenses for rental activities.

Further coverage includes the home office deduction for landlords, car and transportation expenses, travel expenses, hiring employees and independent contractors, casualty and theft losses, and additional deductions and credits. The course also examines the rules for deducting rental losses, including the $25,000 offset and the real estate professional exemption, as well as Schedule E reporting, recordkeeping requirements, and the net investment income tax.

This course examines how federal income tax rules affect financial planning decisions across investments, retirement, estate planning, and education savings. It covers the taxation of interest, dividends, capital gains, mutual funds, and real estate transactions, as well as passive activity and at-risk limitations and the alternative minimum tax. The course also explores the tax treatment of business entities including partnerships, corporations, S corporations, and LLCs, and addresses the tax implications of marriage and divorce.

Retirement planning topics include employer-sponsored plans, IRAs (traditional and Roth), distributions, penalties, and the taxation of Social Security benefits. The course also covers estate and gift taxes, generation-skipping transfer tax, life insurance, trusts, survivor benefits, and education savings vehicles such as Coverdell accounts and tax credits. References to changes made by the One Big Beautiful Bill Act (OBBBA) are included where applicable.

This course explains the ongoing IRS compliance requirements that nonprofits must meet to maintain their tax-exempt status. It covers the varying tax considerations for different types of exempt organizations, with detailed guidance on annual IRS filings including Form 990 and Form 990-EZ. The course also addresses nonprofit bookkeeping and accounting methods, the proper treatment of volunteers, employees, and independent contractors, and the rules governing charitable giving and property donations.

Additional topics include excessive compensation, conflict of interest issues, and other common ways nonprofits encounter problems with the IRS, as well as unrelated business income tax (UBIT) and the exceptions that apply. The course also examines the rules surrounding lobbying and political campaign activities for exempt organizations and covers the various tax credits available to nonprofits. This course focuses on Section 501(c)(3) public charities.

This course provides practical guidance for handling disputes and enforcement actions involving the IRS. It covers the full lifecycle of an IRS matter, from minimizing audit risk and managing correspondence, office, and field audits to appealing audit results and petitioning Tax Court. The course also explains installment agreements, partial payment plans, Offers in Compromise, penalty abatement, and bankruptcy considerations as they relate to tax debt.

Additional topics include IRS collection tools such as liens, levies, and seizures, the role of the Taxpayer Advocate Service, fraud investigations, penalties and interest, payroll tax exposure, state income tax audits, and the Taxpayer Bill of Rights. Emphasis is placed on practical strategies, procedural rules, and taxpayer protections when resolving IRS controversies.

This course covers the foundational tax rules governing S corporations, beginning with the tax considerations involved in electing S corporation status and the advantages and disadvantages of S corporate taxation. It examines the statutory requirements to qualify as an S corporation, including eligible shareholders and the types of trusts that can hold S corporation stock. The course also addresses the mechanics of filing an S corporation election and tax return using Form 1120S.

Additional topics include accounting methods and tax year elections available to S corporations, along with detailed coverage of income, loss, and deductible expense items that flow through to shareholders. This course is designed as a foundational resource for practitioners who advise S corporation owners or prepare S corporation returns.

This course covers the wide range of tax deductions available to home business owners, from startup basics to more advanced topics. It addresses what qualifies as a home business for tax purposes, recordkeeping and accounting requirements, operating expenses, and the distinction between current and capital expenditures. The course also covers depreciation of long-term assets, the home office deduction and its simplified calculation method, and the pass-through tax deduction.

Additional topics include car and local transportation expenses, business travel, inventory, hiring employees and independent contractors, medical expense deductions, retirement plan contributions, and cryptocurrency in a business context. The course also addresses recordkeeping best practices, businesses owned by spouses, and practical tips for avoiding an IRS audit.

This course provides a comprehensive look at recent legislative changes and their impact on estate, retirement, and tax planning strategies. Beginning with key provisions of the One Big Beautiful Bill Act of 2025—including changes to the standard deduction, SALT limitations, child tax credits, no-tax provisions for tips, overtime, and Social Security, and updates to business taxes and education incentives—the course then covers the fundamentals of estate planning, the estate tax system, and investment strategies for maximizing estate growth.

The course also examines essential estate planning tools and techniques, including wills, various types of trusts (credit shelter, marital, living, and irrevocable life insurance trusts), retirement planning strategies, the strategic use of life insurance, gifting strategies using the annual exclusion and generation-skipping transfers, charitable giving through charitable trusts and private foundations, family limited partnerships, and succession planning for family businesses and farms.

This course serves as the second part of a two-course series on S corporations, focusing on corporate income taxes and credits that affect S corporations. It covers when a shareholder recognizes income and losses, how items passed through to shareholders are allocated, and the rules governing stock basis, debt basis, and limitations on losses and deductions. The course also addresses the alternative minimum tax effect on basis and passive income and loss rules as they apply to S corporation shareholders.

Additional topics include distributions from S corporations with and without accumulated earnings and profits, the maintenance of the accumulated adjustments account (AAA), and the tax consequences of various distribution scenarios. The course concludes with income and estate tax planning strategies specific to S corporations, including the kiddie tax, retirement plans, and the use of various types of trusts.

Part 3 of the S Corporation series covers changes to S corporations, including the termination and revocation of S status and the impact of such. It also provides a comparison to other business entities , including PSCs, general partnerships, limited partnerships, and LLCs. It also reviews subsidiaries, Employee Stock Ownership Plans (ESOPs), and the effect that Code Sec. 1411 has on S corporation shareholders.

This course has two major components. The first component is designed to be a general overview of the responsibilities of the person in charge of the property (estate) of an individual who has died. The second component provides detailed line-by-line instructions regarding how to prepare an estate and trust income tax return. The course has numerous examples and completed forms required to file Form 1041.

This course will make sense of the different rules for taking money out of IRAs, Roth IRAs, 401(k)s, Keoghs, and other retirement plans, and show you how to minimize paying taxes and penalties when doing so. It will address tax strategies, required distributions, penalties, inherited plans, and what happens upon death or divorce.

This course covers the full scope of federal tax issues facing small businesses, beginning with an overview of recent tax legislation including the SECURE Act 2.0, the Inflation Reduction Act, and the Tax Cuts and Jobs Act. Topics include choosing the right business entity, filing requirements and taxation rules for partnerships, corporations, S corporations, and LLCs, federal employment taxes and worker classification, accounting periods and methods, dispositions of business property, general business credits, business income and cost of goods sold, deductible business expenses, the qualified business income deduction, and recordkeeping requirements. Practitioners advising small business clients will gain a thorough and practical understanding of the rules governing each stage of the business tax return.

This course is designed to help the accountant properly record the sales and dispositions of various types of assets. It covers sales and exchanges, abandonments, foreclosures, and repossessions, and Involuntary conversions. Like-kind exchanges and installment sales are also discussed.

Going through a divorce can be a traumatic and highly emotional experience that also carries some serious tax consequences. This course covers many of these issues, including those associated with alimony and child support, the splitting and transferring of property, changes in filing status, and the impact of community property laws.

This course is the first in a series of several parts that will delve into the complex issue of partnership taxation. It communicates the important facts using direct and understandable language, plus it is filled with illustrative examples, observations, and charts to provide clarity throughout. This first part is focused on preliminary considerations such as partnership formation, the application of partnership taxation to LLCs, liability issues, IRS classification, audit issues, character and presentation of partnership income, and much more.

Short-term rentals entitle hosts to take advantage of a variety of deductions and other tax benefits. Whether they are renting through Airbnb, FlipKey, TripAdvisor, Craigslist, or VRBO, it is important to understand the tax rules specific to this market, including the 20% pass-through deduction. This course will address which expenses can be deducted, how to report the income, how to deduct losses, and vacation home and tax-free rental rules.

This course covers the accounting issues related to residential rental property, including the rental of vacation homes, installment sales, and the passive activity and at-risk rules.

This course will guide you through the ins and outs of maximizing business deductions for car expenses, travel, meals, and home offices. It includes detailed, clear explanations and practical examples of how the tax law is applied.

This course provides an understanding of the various individual retirement arrangements. It covers traditional IRAs, Roth IRAs, Simplified Employee Pensions (SEPs), and Savings Incentive Match Plans for Employees (SIMPLEs). It explains the rules for setting up an IRA, contributing to an IRA, transferring money or property to and from an IRA, handling an inherited IRA, making withdrawals from an IRA, receiving distributions from an IRA, and taking a credit for contributions to an IRA. It also explains the penalties and additional taxes that apply when the rules are not followed. To assist in complying with the tax rules for IRAs, this course contains worksheets, sample forms, and tables, which can be found throughout the course and in the appendices in the back.

Each year, income tax return preparation is affected by inflation-related changes to various limits and new tax laws. This course is designed to provide valuable information to persons preparing individual 1040 income tax returns reflecting clients’ 2025 income. The course: a) examines new tax law for the 2026 filing season, including retroactive provisions of the One Big Beautiful Bill Act (OBBBA) impacting 2025 income, and changes in various limits that reflect inflation, b) provides a general tax review, and c) discusses important rules governing tax return preparer practices, procedures, and professional responsibility. Note: This course is not registered to satisfy the IRS’ voluntary AFSP.

This course is the second in a series of several parts that will delve into the complex issue of partnership taxation. It communicates the important facts using direct and understandable language, plus it is filled with illustrative examples, observations and charts to provide clarity throughout. This part is focused on partnership allocations and limitations on partnership deductions and includes a summary table for the tax treatment of pre-opening expenses.

This course provides an overview of the tax laws for churches, religious organizations, and ministers. It covers the information an accountant needs to know to best assist his or her clients in this area.

This course is the third in a series of several parts that will delve into the complex issue of partnership taxation. It communicates the important facts using direct and understandable language, plus it is filled with illustrative examples, observations, and charts to provide clarity throughout. This part is focused on the sale of a partnership interest, partnership distributions, and basic adjustments to partnership property.

This course is the fourth and final part in a series that delves into the complex issue of partnership taxation. It communicates the important facts using direct and understandable language, plus it is filled with illustrative examples, observations, and charts to provide clarity throughout. This final part is focused on advanced topics including related party and disguised sales, the death or retirement of a partner, and special rules for S Corporations.

Sweeping new legislation, referred to as the One Big Beautiful Bill Act (OBBBA), passed on July 4, 2025 and became law. The One Big Beautiful Bill Act Tax Provisions course examines the tax provisions of the Act, beginning with those provisions that are immediately effective for 2025, followed by provisions that become effective in 2026 and beyond. The new law makes permanent many of the tax provisions of the Tax Cuts and Jobs Act (TCJA) and makes changes to existing tax law, some permanent and others temporary. A brief explanation of existing tax law prior to the OBBBA’s passage is provided, and appropriate context is added to facilitate understanding of the pre-enactment environment and the impact of the legislative changes. The course will discuss both the individual and business tax provisions and is organized along effective-date lines and whether the principal effect will be experienced by individual or business taxpayers.

This course offers strategies for a variety of small business tax planning needs. It will serve as an excellent resource for planning strategies that can help you run a tax-smart business all year long. It will provide guidance on opening or closing a business, running a sideline activity, and succession planning. You’ll be able to visualize how your business actions today can affect your bottom line from a tax perspective tomorrow.

The variety of savings vehicles available for education can be intimidating. As an accounting professional, it is important that you understand the various options available to your clients to be able to properly advise them. This comprehensive course details all of the various types of tax benefits and savings opportunities available for education. Covering Qualified Tuition Programs (529 plans), the American opportunity credit, the lifetime learning credit, student loans, Coverdell Education Savings Accounts, Education Savings Bond Programs, and much more, this course will provide all the information you need to properly assist your clients.

This course explains key federal income tax credits available to individual taxpayers and the preparer due diligence rules required to claim them. It covers refundable, nonrefundable, and partially refundable credits, including eligibility, limitations, phaseouts, and carryforwards. Major topics include the Child Tax Credit, education credits, energy-related credits, and other common individual credits. The course also reviews IRS due diligence requirements, Form 8867, documentation standards, and the consequences of errors or improper claims. Emphasis is placed on accurate credit determination, compliance responsibilities, and reducing errors when preparing returns that claim individual income tax credits.

S corporations are currently the largest tax filer in the United States of America. This course covers the tax considerations in electing S corporation status, the advantages and disadvantages of S corporate taxation, the requirements to be an S corporation, and trusts that qualify as S corporation shareholders.

Several federal programs have been designed to provide relief from the rising health care costs. This course takes a look at several tax-advantage plans that allow individuals to put money away tax-free to help pay for health care costs that insurance does not cover, including deductibles and other out-ofpocket expenses. The course covers Archer medical savings accounts (MSAs), health savings accounts (HSAs), health flexible spending arrangements (FSAs), and health reimbursement arrangements (HRAs).

This course describes the benefits of a Roth IRA as compared to its traditional counterpart. The course also covers contribution limits, eligibility requirements, rules for converting one type of IRA into another, and rules governing the withdrawal of funds.

This course provides the tools needed to successfully deal with the IRS when addressing and settling a tax debt. It presents information on the most common way taxpayers attempt to reduce their tax debts – the Offer in Compromise (OIC). It also reviews the bankruptcy code and provides details on penalties and interest that can accrue.

The Tax Cuts and Jobs Act of 2017 (TCJA) and the One Big Beautiful Bill Act (OBBBA) directly affect high net worth individuals, their investment entities, and family offices. This course addresses the impact of the TCJA and the OBBBA and their likelihood to spur gift planning, increase the use of trusts, give rise to new compensation arrangements, and even increase the consideration of conversion from an individual status to corporate formation.

A key component of financial planning is planning for death. Death is a topic that few people want to think about, yet without proper planning can create some significant unpleasant surprises.

Each year, various limits affecting income tax preparation and planning change. Some changes commonly occur each year as a result of inflation indexing, while others occur because of new legislation or the sunsetting of existing law. This course will examine the tax changes affecting 2025 as a result of passage of the SECURE Act 2.0, the retroactive provisions of the One Big Beautiful Bill Act (OBBBA) impacting 2025 income, and the inflation-changed limits effective for 2025 that are more significant from the perspective of an income tax preparer. Some context will be supplied, as appropriate, to assist readers in understanding the changes.

This course will provide the practitioner with an overview of fringe benefits and the tax issues which surround such. There is a detailed section on fringe benefit exclusion rules, since any fringe benefit that is not excluded is taxable and the distinction is often misunderstood. Information on how to value fringe benefits and guidelines for withholding, depositing, and reporting taxable noncash fringe benefits is also covered. At the conclusion, the practitioner should have all the information necessary to guide them through the taxation issues related to fringe benefits.

This course explains the U.S. tax rules that apply to citizens and resident aliens living or working abroad. It covers filing requirements, withholding, self-employment tax, foreign earned income and housing exclusions, deductions and credits, tax treaty benefits, and required information reporting. The course also addresses recent law changes affecting expatriate taxpayers and common compliance issues when earning income outside the United States.

This course covers the ways different business entities end their legal lives.

This course covers the filing requirements and other tax information for individuals who can be claimed as a dependent on another person’s tax return, and how to report and figure the tax on unearned income of certain children.

This course covers the manner in which profits are distributed to the owners of various types of business entities.

This course is designed to give a general overview of the taxation of partnerships. It explains how the income tax laws apply to partnerships and partners.

This course summarizes the key tax changes in the new One Big Beautiful Bill Act (OBBBA) along with their effective dates. Some of the changes are retroactive to January 1, 2025 while others will start January 1, 2026. This course will provide a synopsis of what those are and how they will impact tax planning.

This course examines key federal income tax issues related to real estate ownership. It explains the rules for calculating gain or loss on the sale of a main home, including basis adjustments, the $250,000/$500,000 exclusion, and special situations such as foreclosure, cancellation of debt, and divorce. The course also covers rental income and expenses, personal versus rental use of property, depreciation (including bonus depreciation), passive activity limitations, and vacation home rules. Practical guidance is provided to help taxpayers properly report transactions and maximize allowable deductions.

This course covers the nature of virtual currency and the federal tax rules governing its use, providing practitioners with the knowledge needed to advise clients who invest in, trade, or transact with digital assets. Topics include how virtual currency is defined and obtained, the role of blockchain technology, how to determine cost basis for currency that is purchased, mined, or received as a gift, and the tax treatment of virtual currency transactions including sales, exchanges, charitable donations, and compensation received for services. The course also addresses reporting requirements, recordkeeping best practices, and enhanced regulations for brokers of digital assets.