Tax Update Classes

Mid-Year Federal Tax Update - Virtual
Steven J. Tillinger, CPA
Wednesday, August 11, 2021
8:30 a.m - 4:30 p.m. • 8 CPE Hours 

Whether you are a generalist or a tax specialist, you will take away valuable information and insights from this eight-hour program. The course will bring you up-to-date on current issues in federal income taxation affecting individuals and small business owners with an emphasis on coverage and analysis of 2021 tax legislation, with special emphasis on coronavirus legislation, both final and proposed; updates and new developments of 2020 and earlier tax law; important court cases; Treasury income tax regulations; IRS revenue rulings and procedures; and more! Plus, Steve will cover the American Rescue Plan Act of 2021!

Cost:

Houston/Other Chapter Member, Non-CPA – $245 Non-Member CPA – $345

Register Here 


Partnership/LLC Tax Issues & Update - Virtual
Steven J. Tillinger, CPA
Thursday and Friday, August 19-20, 2021
8:30 a.m - 4:30 p.m. • 16 CPE Hours 

This course will bring you up-to-date on the important tax issues affecting your clients operating as partnerships and limited liability companies. Partnership and LLC taxation can be complicated. Congress, by enacting stiffer tax return preparer penalty rules has said, in essence, that you must be a knowledgeable tax preparer of these returns.

Your instructor will address the important tax issues of contributed property and maintaining capital accounts; special allocations and substantial economic effect; the importance of the qualified income offset to members of LLCs; the tax definition of recourse and non-recourse debt, and how it is allocated and reported on the K-1; what you must know about how the at-risk rules apply to LLCs; the importance of the Texas LLC statute; and much more!

While there are no prerequisites, parts of the course will seem basic, intermediate, or advanced, depending on your familiarity in the area. As a participant, you will receive an excellent resource, Practical Guide to Partnerships, LLCs and S Corporations, a 577-page eleventh edition textbook published by CCH, Inc. The textbook is comprehensive, clearly written, and provides practical guidance on this complex subject. Your instructor says this is his "go-to" book on partnership/LLC tax issues and, by itself, is worth the price of admission.

Cost:

Houston/Other Chapter Member, Non-CPA – $450 Non-Member CPA – $550

Register Here 


Tillinger S Corporation Tax Issues & Update - Virtual
Steven J. Tillinger, CPA
Thursday and Friday, October 28-29, 2021
8:30 a.m - 4:00 p.m. • 16 CPE Hours 

This course will bring you up-to-date on the important tax issues affecting your clients operating as S corporations. S corporation taxation can be complicated. Congress, by enacting stiffer tax return preparer penalty rules has said, in essence, that you must be a knowledgeable tax preparer of these returns. Your instructor will address the important tax issues ranging from classification and formation to operations, distributions and dispositions, and terminations. Learn when to use S corporations and why S corporations are the #1 business entity choice. While there are no prerequisites, parts of the course will seem basic, intermediate, or advanced, depending on your familiarity in the area. As a participant, you will receive an excellent resource, S Corporation Taxation, a 2,228-page, 2021 edition reference book published by CCH, Inc. The CCH book is comprehensive and is the definitive reference guide to S corporations. It is clearly written and provides practical guidance on this complex subject. Your instructor says this is his "go-to" book on S corporation tax issues and, by itself, is worth the price of admission. Your instructor, Steven J. Tillinger, CPA, receives excellent evaluations in this course. He is known for making tax interesting and making highly technical material understandable. Sign up now for this highly-rated, popular course.

Over the years, I’ve used a CCH book as the main course material. The author and CCH parted ways and that CCH book is no longer available. I thought I’d have to discontinue teaching this title. But CCH has another S corporation book. I’ve never considered it because it’s prohibitively expense. The book itself would cost more than the registration fee for the course! (The retail price of the book, including shipping, handling and taxes, is about $650.) But my CCH representative went to bat for me and somehow persuaded her superiors to offer the book to me at almost the same price as the now discontinued book. So for the first time the main course material will be a 2,228 page (not an typo), 2021 edition of a CCH book, S Corporation Taxation, plus my Supplemental Material. In my opinion this is the definitive S corporation reference book that every seriously S corporation preparer should own. Bottom line, the webinar cost less that the retail price of the book! It’s like getting 16 hours of free CPE!

No advanced preparation is necessary. Some basic knowledge of S corporation taxation and some tax preparation experience would be helpful.

Cost:

Houston/Other Chapter Member, Non-CPA – $495 Non-Member CPA – $620

Register Here