Source: http://www.nstp.org/webinar.php
Timestamp: 2019-04-24 02:17:12+00:00

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For course information click on the letter under the detail column.
A web-based live, online course presentation. Webinar is an interactive visual and audio presentation course, hosted by a NSTP Instructor. A great way to interact, submit questions and post comments. The course includes a pre-recorded webinar and may include PowerPoints slides, a PDF textbook or both.
Each participant must answer the poll questions during the webinar in order to be awarded CE credits failure to do will result in no CE credits per National Association of State Boards of Accountancy (NASBA) CE program standards.
Streaming webinar recording on-demand throughout the year, which is available to watch and learn when and where it’s most convenient. Self-Study on demand is a pre-recorded webinar which includes PDF textbook with section review Q&A, a glossary with definition of the terms and concepts, and an index to quickly find the terms, to help on your studying.
In order to earn CE credits you must view the webinar, pass the final exam and complete an evaluation.
In order to receive CE for these courses participants must complete the final examination. The minimum passing grade is 70% for CE credits to be issued. CE credits cannot be issued if the final exam score is 69% or lower or is not completed within one year of the date of course purchase.
After submitting the final exam you will receive your score immediately. Once you pass the final exam, the certificate of completion will be avaible for download.
Exams that do not meet the minimum passing grade of at least 70% will have three opportunities from date of purchase of the material to pass the exam. If the exam is not completed within one year of purchase of the material no CE credits will be awarded.
Webinar Registration: It is vital that each individual taking the webinar register under their own name and email. The webinar link will be sent to the email of the registrant. Because the links are unique for each email address, they will not work if forwarded to another email address.
Cancellation: NSTP reserves the right to cancel any program or course for circumstances that are not under direct control of NSTP. If a course or program is canceled, participants will be refunded 100% of their registration fee.
For more information regarding refund, cancellation and complaint policies, please contact our office at 800-367-8130.
Each participant must answer the poll questions that appear on the screen during the webinar: failure to do so will result in no credits being awarded for that webinar.
There is no support to earn webinar CE by listening on a phone only.
Keep all electronic handheld devices, such as Blackberries or cell phones, away from microphones and speakers.
If problem persists, switch to telephone and dial in to the meeting. You must select “Telephone” in the Audio pane to do this.
Although the NSTP has made every effort to ensure the accuracy of the materials and the seminar presentation, neither the author,the presenter nor the National Society of Tax Professionals assumes any responsibility for any individual's reliance on the written or oral information presented during the presentation. Each attendee should verify independently all statements made in the materials and during the seminar presentation before applying them to a particular fact pattern and should determine independently the tax and other consequences of using any particular device, technique or suggestion before recommending the same to a client or implementing the same on a client's or on his or her own behalf.
Course Description: This course will introduce the Tax Professional to the Federal Income Tax issues and challenges surrounding the operataion of a sole-proprietorship as a taxable entity. Form 1040 returns that include a Schedule C have a greater chance of being audited than any other Form 1040 and as a result we will look at the critical issues facing the tax professional's dealings with proprietorship clients. Latest IRS Statistics report that over 25 million Schedule C's are filed each year and is the entity of choice for small businesses. The course will introduce issues pertaining to the TAX GAP in relation to Sole-Proprietorship and will discuss the importance of bullet proofing the return for audit purposes. In addition, the course will review the tax benefits and burdens of operating a business as a sole proprietorship.
Course Description: This course will introduce the tax professional to the preparation of Form 1065 for an entity doing business as partnership under Subchapter K of the Internal Revenue Code. It will discuss the issues pertaining to the entity itself not being subject to an income tax and the pass through those of tax characteristics to the investors. For the experienced preparers of Form 1065 it will strengthen the tax knowledge dealing with distributions, limitation on losses, special allocations issues and the concept of entity debt creating basis for the partners. It will reiterate the importance of inside and outside basis issues and the requirement of maintaining capital accounts for the partners. This course will discuss the tax issues of formation operation and legislation for both the entity and the investors.
Learning Objectives This course will provide the tax professional with the tools necessary to properly prepare the Form 1065 and the related Schedule K-1 of the partners. It will discuss the items which increase and decrease partner basis as well as discuss the impact of debt of the partnership. The course will discuss guaranteed payments to partners of the partnership as well as self-employment tax issues and distributions to partners.
The course will discuss the general rule of tax free formation of the partnership to both the partners and the partnership under §721 as well as the designated exceptions to the non-recognition of income.
The course will discuss the differences of the general partnership vs. other pass through entities under the Internal Revenue Code.
The participant will also have an understanding of the federal tax issues of the check the box regulations for Limited Liability Companies and the general requirement to file a Partnership Form 1065.
Prerequisite: The participant should have a familiarity with the tax concept of a pass through entity for Federal Tax preparation. The participant should understand the issues of the investor who owns an interest in a general partnership and Limited Liability Company filing a Form 1065.
Course Description: This course introduces the Tax Professional who has never prepared a Subchapter S Corporation Form 1120S with the basic knowledge needed to understand the flow of the tax characteristics of the separately stated and non-separated stated items of income, deductions, losses and credits as well as understanding the importance of a proper election to be taxed as a pass through entity. The course will also allow the experienced preparer of the Form 1120S the opportunity to review the election process and the importance of understanding basis limitations, ordering rules of basis and the importance of preventing the termination of Subchapter S election. In addition the course will discuss reasonable compensation of shareholder-employees and the distribution of net profits on a per-share, per-day allocation method.
Learning Objectives The participants will be able to determine the requirements of an entity to qualify to make the Subchapter S election and understand terminating events and the ramification of that termination. The participants will be able to identify and properly report separately stated and non-separately stated items of income, deductions, losses and credits. The participants will be able to understand the importance of properly accounting for shareholder stock and debt basis, distributions of Capital and the effect on the limitation of losses. They will also be able to reconcile book and tax income of the 1120S and understand the proper preparation of the schedule K-1 of the shareholders and the per-share, per day of allocation the tax results of the entity.
Prerequisite: The participants should be familiar with the concept of a past through entity of taxation as well as understand the general concepts of the individual income tax law as it effects the investment of the individual taxpayers.
Course Description: This course reviews the position of the IRS and Treasury on the Defense of Marriage Act (DOMA) after the Windsor Supreme Court Decision. It reviews the opportunities and challenges of a filing status of married joint.
Course Description: This course introduces the tax professional to the special rules for preparing Form 1041 fiduciary income tax returns and discusses the reporting requirements and the pass through of tax characteristics from the entities to the beneficiaries. This course will introduce unique items that are critical for understanding the transactions of the entity vs. the beneficiary (ies).
The Tax Cuts and Jobs Act includes sweeping reform of the Internal Revenue Code not seen in 31 years. This comprehensive tax overhaul dramatically changes the rules governing the taxation of individual taxpayers for tax years beginning after December 31, 2017 which also requires a sunset provision effective January 1, 2026.
Course Description: This course introduces the particular issues related to filing taxes for a C corporation. It covers the issues of double taxation, reporting dividends and other distributions, calculating earnings and profits (E&P), and allocating E&P to shareholder distributions. The course also discusses challenges of constructive dividends and property distributions.
This course is designed for tax preparers, tax professionals, attorneys, CPA’s, EAs.
Course Description: This course reviews and updates the Tax Professional on the value of understanding the Federal Income Tax benefits related to investing in §529 Qualified Tuition Programs and §530 Coverdell Plans and the benefits of deferral on the growth of the investment in those programs as well as the exclusion from gross income when the distribution from those funds is used to pay Qualified Higher Education Expenses. The course will also review credits allowed for amounts paid for Tuition and Fees at a qualifying institution of Higher Learning.
Learning Objectives At the completion of this course participants will have a better understanding of the Federal Income Tax benefits associated with education at all levels.
Course Description: This course will present information on topics ranging from client management, office operations, and time management to human resource issues.
Course Description: This course covers Ethics with focus on the updated Circular 230. Issues covered include rules governing authority to practice, duties, and restrictions related to practicing before the IRS, issues regarding fees and solicitation and standards for tax returns under Circular 230. Also included is a discussion on the status of the new AFSC program.
Describe the rules in Circular 230 that govern the "practice before the IRS"
Course Description:This course introduces the tax professional to the revision of the rules provided under the Internal Revenue Code addressing §1031 Like-Kind Exchange transactions after the enactment of the “Tax Cuts and Jobs Act” for transactions in tax years beginning after December 31, 2017.
The course reviews that §1031 is a mandatory provision dealing with the general rule that no gain or loss will be recognized for real property held for the productive use in a trade or business or for investment if it meets the identification and possession rules of §1031. The session will discuss the calculation of the deferred gain or loss and the calculation of the adjusted basis of the replacement property received under a §1031 transaction. In addition, the course discusses related party transactions and §761 elections as well as the new rule of the disallowance of foreign real estate as a like-kind property.
Learning Objectives:At the conclusion of the webinar, the tax professional will have an understanding of the requirements of successfully reporting a §1031 transaction on Form 8824 which will determine any realized and recognized gain and the adjusted basis of the replacement property.
Course Description: Determining the basis of assets is critical in calculating depreciation, amortization, depletion, deductions, casualty losses and in establishing gain or loss when an asset is sold or exchanged.
Course Description: This course reviews the important tax issues of operating a trade or business as a sole proprietorship for Federal Income Tax purposes. It reviews the reporting details required for including revenue under §61 and deducting ordinary and necessary business expenses under §162 on Schedule C of Form 1040. The course also stresses the importance of good record keeping. It will review the new §199A Qualified Business Income rules as they apply to sole proprietors for deducting the "20% pass through deduction". The course also reviews the §183 Hobby Loss rules before and after the Tax Cuts and Jobs Act and cliscusses the issues of audits and burden of proof of the taxpayers vs. the IRS.
Learning Objectives: At the completion of this course participants will be more equipped to address the challenges of properly preparing a Schedule C and understanding the limitations when an activity is not a trade or business. The participant will also obtain an understanding of §199A Qualified Business Income and the allowance and limitations of the "20% pass through deduction".
Course Description: This course introduces the Tax Professional to the Federal Income Tax issues surrounding the "foreclosure and/or abandonment" of property and the issues of a "deemed sale" by the taxpayer when an abandonment or foreclosure occurs. In addition, the course will introduce the requirements of the "Cancellation of Debt", what is a "Cancellation", and in which tax year the cancellation actually occurs and requires the recognition of income.
Understand the concept and meaning of a "deemed sale" as the result of "abandonment or foreclosure"
Course Description:This course introduces the process of applying for tax-exempt status and the annual federal tax filing requirements.
Course Description: A concise review of the application of §469 Passive Activity Loss rules and the rules pertaining to taxpayers who qualify as real estate professionals. Participants will gain a greater understanding of IRC 469 and related tax preparation issues.
Course Description: This course will introduce the Tax Professional to the IRS’s updated Repair Regulations in the decision making process of whether an expenditure is a current year deduction or a capitalized asset. Which must be depreciated over a statutory life and method. It will also introduce the "new safe harbor elections" available to taxpayers for specified costs and transactions. It will discuss and describe the concept of taxpayers with an "applicable financial statement" and taxpayers "without an applicable financial statement". It will discuss the issues of repairs, improvements and betterments that taxpayers will have to determine when the expenditures are incurred.
This course discusses the federal income tax issues on the acquisition, operation and disposition of rental real estate. It reviews basis, depreciation, §469 Passive Activity Losses, §1250 Unrecaptured Depreciation and levels of Capital Gain and Loss recognition. Issues concerning transactions effected by the “Tax Cuts and Jobs Act” will be reviewed where applicable.
L. Taking a Closer Look at the Federal Income Tax Issues of the Affordable Care Act (ACA): It's Not Going Away!
Course Description: This course covers the changes to the tax law and tax preparation in conjunction with the passage of the 2010 Patient Protection and Affordable Care Act, as well as the Health Care Act. The participant will review the issues faced during filing season and will review the next level dealing with the mandate of having health insurance coverage and the issue of penalties and credit for individual taxpayers and small business owners.
Course Description:This course will examine the various business tax entity choices and the federal tax changes which impact the business taxpayer resulting from the 2017 Tax Cuts and Jobs Act.
Course Description: This course reviews the importance of understanding allowable deductions on the tax returns. The courts and IRS are strict regarding the substantiation of expenditures and we offer a look at some of the issues facing the taxpayer and the tax professional and ways to improve being successful under audit.
Course Description: At the completion of this course, participants will be alerted to some federal tax issues and surprises that they were unaware and other items that they thought they were reporting properly. The participants will be better equipped to address issues that they were not familiar or not comfortable v.ith prior to the presentation.
Course Description: This course introduces the Tax Professional to the Federal Income Tax Issues involving the death of an individual taxpayer. It discusses the requirements for filing a "final Form 1040"and introduces the accounting required for "Income in Respect of a Decedent" IRD and "Deductions in Respect of a Decedent" DRD. This course will include the importance of choosing the proper filing status for the year of death and elections available to the personal representative for the "final Form 1040". It will discuss the tax implications of account balances after death for IRAs, HSAs, etc. and the tax issues of an Estate and Survivors.
Course Description: This course introduces the Tax Professional to the details of the 2017 Tax Legislation which is the most sweeping reform of the Internal Revenue Code in over 3 decades. The Legislation impacts every individual taxpayer and entity and discovers that there are winners and losers who need to revamp their tax planning strategies for minimizing their federal tax liabilities. Individuals \\ill have some changes imposed on them which are temporary which ¼ill sunset after 2025. Businesses will need to determine if their choice of entity for operating their business is still good for their tax situations.
Learning Objectives: At the completion of this course participants will be able to see and understand the changes and impact of the Legislation as it effects each client. It will allow participants to be better equipped to assist clients in planning and reporting transactions.
Course Description: This course will provide both the beginning and seasoned Tax Professional with a broad background of the various issues surrounding the determination of worker classification status and the Tax Professional’s Role. It will include the issues concerning the responsibilities of tax withholding at the source and a review of the regulations on these issues. The course will introduce the 20 factor tests of the 1984 Revenue Ruling and the issues involved in filing IRS Form SS-8. It will discuss the 3 categories of evidence as defined by the IRS and the course will review court cases and the results of those rulings needed for planning with your clients. This is a "get down in the weeds" workshop in determining who might need to be issued IRS Form 1099 Misc. vs IRS Form W-2. In addition, the §530 Safe Harbor Rules of the 1978 Tax Reform Act will be reviewed in discussing the defense against the possible assessment of penalties.
Learning Objectives After completing this program, participants will have a better idea of how to advise their clients who need to determine the status of a worker based on the specific facts and circumstances.
tax legislation, the Tax Cuts and Jobs Act.
Learning Objectives: At the conclusion of the session, participants will understand more about individual tax issues and the impact on those issues as a result of the Tax cuts and Jobs Act.
Course Description: This course introduces the Tax Professional on the requirements that need to be reviewed when assisting a client on determining the proper filing status for the current tax year. It discusses whether a couple is "considered married" on the last day of the tax year under all the pertinent facts and circumstances. The course reviews the rules pertaining to a "Qualifying Widow(er)" and when a taxpayer qualifies for a filing status of "Head of Household". In addition, the course addresses the determination of who is a "qualifying child" and the tests involved in doing so. Also discussed is the definition and qualifications of claiming a dependency exemption for someone who is a "qualifying relative". The course will review the requirements of the "shared responsibility payment" issues under the Affordable Care Act (ACA) when claiming someone as a dependent.
Identify the tax issues of filing as "Married Separate vs. Single vs. Head of Household"
Understand the tax benefits for a filing status of "Qualifying Widow(er)"
Course Description: This course covers: This course discusses the federal income tax provisions allowing taxpayers to enter into transactions which do not require gains to be included in gross income and other transactions which allow the deferral of gains and losses into future tax years. The session will introduce the provisions under §453 for Installment Sales of Capital Assets and discuss the exclusion ratio calculation required on Form 6252. It will discuss §1031 Like-Kind Exchange transactions after the “Tax Cuts and Jobs Act” as well as §1033 Involuntary Conversions transactions and the requirements of replacement property periods and rules. In addition it will discuss §1038 Reacquisition of Real Estate when a §453 Installment Sale Transaction has gone bad for the seller. The presentation will discuss some transactions related to he cessation of a marriage and to rules of exclusion as pertaining to the transferring spouse.
Course Description: Schedule C has become a prime target for audit by the IRS. We will look at some of the issues regarding critical issues facing the tax professional's dealings with proprietorship clients.
Learning ObjectivesAfter completing the program, participants will be able to identify and categorize business expenses of sole proprietors.
Course Description: This course covers: This course reviews the federal income tax issues related to ownership of a dwelling unit which qualifies as the taxpayer’s principal residence and allows for the exclusion of gain from gross income. The session discusses the required occupancy and use time periods needed to qualify for the exclusion as well as the allowance being available every two years. This course discusses the maximum allowances for non-married taxpayers and married couples filing separate or joint returns. The course reviews special rules for the sale of property of a deceased spouse, as well as property transferred to a former spouse incident to a divorce. The session reviews the rules pertaining to partial exclusions when the property does not meet the required occupancy and use tests and provides the calculation and guidance under the Regulations.
Learning Objectives: After completing the program, participants will be able to: At the conclusion of the session the tax professional will have an understanding of the requirements of successfully reporting the sale of a dwelling unit which qualifies for the exclusion of gain provided under §121. The participant will also understand the IRS Regulations concerning the allowance of a partial exclusion.
Course Description: This course will provide the Tax Professional with an in depth understanding of issues facing clients who are concerned about transferring assets during their lifetime and at the time of death. It will discuss the concept of the unified transfer tax for Estates and Gifts and the importance of taking inventory of their assets, liabilities and responsibilities for proper identification of each. The cause will not be a preparation of the Form 706 since most taxpayers will not be subject to the tax because of the high threshold for filing the returns but will educate the tax professional as to the importance a good estate plan. It will introduce the participants to the tools available to assist the taxpayer in having a good lifetime estate plan.
Learning Objectives After completing the course, tax professionals will be able to assist clients with the design of an estate plan and educate the client about getting organized and recognizing the importance of gathering pertinent data about their assets liabilities and responsibilities for proper identification of each. The Tax Professional will also learn about the role of the personal representative of the decedent and be alerted to the administrative responsibilities of accounting for property, debt, and beneficiaries.
Course Description: This course covers:This course reviews the federal income tax issues involving individual taxpayers who are legally separated, going through the process of divorce or who have completed the final steps of divorce proceedings. The course discusses Internal Revenue Code §1041 Transfers of Property Between Spouses or Incident to Divorce. It introduces the general rule that no gain or loss will be recognized on the transfer of property because of divorce. The course discusses traps of transferring assets, such as personal and rental real estate, U.S. Savings Bonds and more. The session includes basis calculations and deferral of income issues. The course discusses §71 inclusion of alimony and §215 deductibility both before and after the “Tax Cuts and Jobs Act”.
Learning Objectives: After completing the program, participants will be able to: At the conclusion of the session the participant will have an understanding of the issues concerning the transfer of assets between spouses incident to a divorce and the tax implications associated with the transfer. The participant will also understand the issues relating to receiving and paying alimony both before and after the changes imposed by the “Tax Cuts and Jobs Act”.
Course Description: The objective of this course is to provide the Tax Professional with a deeper understanding of the federal income tax provisions that apply to taxpayers who incur expenses for medical care for themselves their spouse and their dependents and in which year those expenses are allowed to be deducted. The course will also review the deductibility of taxes incurred and paid for income taxes, personal property taxes, sales tax and Real Estate taxes of states, local jurisdictions and foreign countries.
Learning Objectives After completing this course, tax professionals will be able to apply the federal income tax provisions allowing the deductibility of state, local and foreign income taxes; real estate taxes paid to state, local and foreign countries as well as personal property taxes and sales taxes paid to state and local governments.
In addition the participants will be able to identify which medical costs are allowable as a deduction on Schedule A and which expenses cannot be deducted and why.
Course Description: The objective of this course is to introduce the tax professional to the federal income tax provisions that apply to taxpayers who are separated or divorced from their marital spouse. The course discusses filing status, exemptions, dependents, alimony, child support, property settlement agreements and the transfer of assets. The course will also address other issues that often occur as a result of separation and divorce that are needed in advising taxpayers and in preparing the tax returns of separated and divorced taxpayers.
Learning Objectives After completing this course, tax professionals will be able to apply the Federal tax rules when filing taxes for a separated or divorced taxpayer, including filing status, qualifying child rules, and exemptions for children. They will also be able to evaluate community property issues, alimony and child support. Individuals will learn to explain qualified domestic relations orders (QDRO), and understand the difference between a taxpayer who is an injured spouse vs. a taxpayer who is an Innocent spouse.
In addition the tax professional will be able to determine the issues on property transfers and the basis of assets under §1041.
Course Description: The objective of this course is for the Tax Professional to understand what is allowable as a charitable contribution to a §501(c)(3) organization and stress the importance of strict substantiation rules for every contribution of cash and property to the charitable entity. The course will discuss the regulations addressing contributions of $250 and more as well as contributions of more than $500 and the appraisal requirements when the cumulative property contribution is greater than $5,000 in the current tax year.
Learning Objectives After completing the course, tax professionals will have a clear understanding of the substantiation requirements of contributing any amount of cash to a §501(c)(3) as well as the regulations for any contribution of $250 or more and cumulative property contribution of more than $500 during the tax year requiring the filing of Form 8283.
Prerequisite: Basic understanding what qualifies a deductible charitable contribution.
Learning Objectives After completing the course, tax professionals will be able to identify “acquisition debt” to buy, build or substantiality improve a “qualified residence” and the applicable dollar limitations as well as understanding the reporting responsibilities on Schedule A. The participant will better understand the deductibility of investment interest paid on investment property and the issues of carrying forward unused investment interest. The participant will better understand the specified reporting requirements of interest on the Schedule A.
Tax Representation including the history, definition, description, and qualifications of a Representative and the types of Representatives.
Taxpayer Audit including the audit selection criteria and types of auditors and audits.
Auditor’s Process including the Notice of Examination, Auditor’s resources, and the Information Document Request (IDR).
Representative’s Process including the client engagement, the client interview and documents and the representative’s resources.
Examination of the Return including review and lack thereof of client records, disagreement with the auditor and the auditor’s report, the appeals process, audit reconsideration issues and petition to Tax Court.
Learning Objectives At the completion of this course, you will have a full understanding of the types of audits, and the auditor’s process, the steps needed to prepare your client, specifics of the return examination, and options the taxpayer has during the audit conclusion process. You will be prepared to represent your client whether your client’s examination can be handled entirely by mail or involves a face-to-face interview with a revenue agent.
This class and material is designed to be a guide for the beginner as well as the seasoned tax representative.
Course Description: This course introduces issues related to filing taxes for a small C-Corporation. It covers imposition of the corporate income tax structure; estimated tax payment issues; filing requirements of corporate returns; capital losses; rules for carryover and carryback; charitable contributions; the reconciliation of taxable income and financial net income as reported on Schedule M-1, and much more.
Ascertain when to file Form 1139 vs. Form 1120x.
Prerequisite: Familiar with preparation of Form 1120.
Course Description: This course reviews the Federal Income Tax issues pertaining to Internal Revenue Code §199A Qualified Business Income and the Proposed Treasury Regulations under §1.199A-0 through §1.199A-6. This course discusses mastering the Pass-through Deduction Puzzle starting with the general rule of deducting the maximum 20% of Qualified Business Income and all the exceptions and limitations imposed. The course reviews detailed calculations for those individual taxpayers who are directly engaged in a qualifying trade or businesses as well as those who will be receiving QBI, W-2 wages and UBIA of qualified property information from Relevant Pass-through Entities on Schedules K-1 required to be reported to the owners and beneficiaries. The discussion of the Proposed Treasury Regulations covers the Operational Rules and Computations needed for individuals with taxable income the threshold amounts and those who are not the threshold amounts. The course also addresses those individuals who are in the fields in performance of trades or businesses that are classified as Specified Service Trades or Business (SSTB) under the Statute and proposed regulations.
Learning Objectives At the conclusion of this course the participant will be able to distinguish a trade or business in the fields of performing as a Specified Service Trade or Business and those that are not SSTB’s In addition, the participant will understand what is considered W-2 Wages and Unadjusted Basis Immediately After the Acquisition of qualifying property (UBIA of qualifying property). The participant will also understand new terminology associated with §199A and the proposed regulations thereof. The participant will be able to identify a Relevant Pass-through Entity (RPE) and will be able to calculate the §199A QBI deduction for those individuals who have taxable income the threshold amount as well as those who do not. In addition, they will learn how to calculate the QBI for individuals in a Specified Service Trade or Business and those who are in a qualified trade or business. The participant will be able to calculate the QBI component when an individual’s taxable income is in excess of the threshold amount.
Course Description: This course takes the Tax Professional with a basic understanding of the Passive Activity Loss (PAL) rules under IRC 469 into the advanced aspects including related Code sections that often coexist. While PAL has been around since 1986 it is often minimally understood and misapplied. There are additional components added over the years that will be addressed including Real Estate Professional (RE Pro), grouping, Net Investment Income Tax, and the Pass-through Deduction.
Learning Objectives:At the completion of the series, participants will be able to understand and apply various aspects of the PAL rules and how they commonly interplay with other Code sections. Participants will be better equipped to provide holistic planning and preparation.

References: §721
 §529
 §530
 §1031
 §1031
 §1031
 §1031
 §761
 §1031
 §61
 §162
 §199
 §183
 §199
 §469
 §469
 §1250
 §530
 §453
 §1031
 §1033
 §1038
 §453
 §121
 §1041
 §71
 §215
 §1041
 §501
 §501
 §199
 §1
 §1
 §199
 §199