Summer Webinars – Get’Em While It’s HOT!!

NSTPInternal Revenue Service (IRS)

Summer Webinars - Get 'Em While It's HOT!!

Summer Webinars – Get 'em while it's HOT! Cool off with the best tax instruction out there from the comfort of your home, favorite cafe, or pool! To register or for more course details, please visit the NSTP website. BB. Introduction to and Overview of the Federal Income Tax Issues of a Subchapter S-Corporation from Start-Up and Operation to Liquidation, 4 CE August 23, 2019, 10:30 am- 2:00 pm PT Instructor: Paul La Monaca, CPA, MST 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. To register or for more course details, please visit the NSTP website. FF. Managing Your Tax Business to Maximize Efficiencies, 4 CE August 27, 2019, 10:00 am- 2:00 pm PT Instructor: Nina Tross, MBA, EA This course will present information on topics ranging from client management, office operations, and time management to human resource issues. Please note: EAs will not receive any CPE for this … Read More

ASAP: Taxpayers should check withholding

NSTPInternal Revenue Service (IRS), Paycheck Checkup

ASAP: Taxpayers Should Check Withholding

ASAP: Taxpayers should check withholding All taxpayers should check their withholding – also known as doing a Paycheck Checkup – as soon as possible. They should do a checkup even if they did one last year. By checking their withholding, taxpayers can make sure enough is being taken out of their paychecks or other income to cover the tax owed. Here are some things taxpayers should know about withholding and why checking it is important: Taxpayers should check their withholding as early in the year as possible. If someone still has not done a Paycheck Checkup, there’s still time to get their withholding on track. They should do a checkup ASAP. Taxpayers should also check their withholding when life changes occur. These changes include things like: Marriage or divorce Birth or adoption of a child Purchase of a home Retirement Chapter 11 bankruptcy New job or loss of job Some taxable income is not subject to withholding. People with this income who also have income from a job may want to adjust the amount of tax their employer withholds from their paycheck. This includes income from things like: Interest Dividends Capital gains Self-employment and gig economy income IRA distributions, including … Read More

Great webinars from NSTP!

NSTPInternal Revenue Service (IRS), Webinars

Great webinars from NSTP!

Great webinars from NSTP! NSTP’s webinars are created with you in mind. Top tax educators provide exclusive material that you won’t find anywhere else! Check out these upcoming webinars: TT. Passive Activity Losses: Complexity Untangled Part III & Part IV    4CE    June 14   10am-2pm PDT Instructor: Kelly H. Myers, MBA, Tax Consultant 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. To register or for more course details, please visit the NSTP website. OO. The Ugly 1040   4CE    June 18   10am-2pm PDT Instructor: Paul La Monaca, CPA, MST This course reviews federal income tax issues pertaining to individual taxpayers. It discusses the 3 main goals of good tax planning dealing with exclusion and deferral provisions and preferential rates for long term capital gain transactions. This course also addresses various individual tax provisions changed as a result … Read More