Topics
TAXATION
Prerequisite: Basic understanding of taxation
Advanced preparation: None
Field of Study: Taxes
Level: Overview
Recommended CPE hours: 6*
Objectives: Descriptions are noted below
Delivery Method: Group live
All Courses Include Coverage of New Tax Legislation
2023 Individual Tax Update
Objective: To discuss recent developments related to federal income taxation of individuals including new regulations and other changes related to tax reform.
This course focuses on recent 2023 tax developments related to individuals, including tax changes included in new IRS regulations and procedures. Topics include: including new IRS regulations and revenue procedures, practice planning areas, pending changes and tax reform, and more.
Recommended CPEs: 6 hours. Field of study: Taxes
Business Tax Developments - 2023
Objective: To address recent developments related to the federal income taxation of businesses.
This course addresses tax issues related to businesses including key matters involving C corporations, S corporations, LLCs and partnerships. Topics include: a reassessment the choice of entity, recent regulations and guidance related to pass-through entities, planning for expiring tax provisions, pending changes and tax reform involving businesses, and more.
Recommended CPEs: 6 hours. Field of study: Taxes
Current Federal Tax Developments – Individuals and Businesses
Objective: To discuss recent developments related to federal income taxation of individuals and businesses including new regulations and other changes and pending tax changes.
This course focuses on recent tax developments related to individuals and businesses. The course changes regularly as new tax developments evolve. Topics include: new IRS regulations and revenue procedures, targeted court decisions, practice planning areas, pending changes and tax reform, and more. This course also addresses tax issues dealing with various forms of businesses including those involving C and pass-through entities, passive activities, employee-independent contractor issues, expiring tax provisions, and more.
Recommended CPEs: 6 hours. Field of study: Taxes
Asset Protection Strategies for Individuals and Business Owners
Objective: To address the tax and non-tax aspects of asset protection planning for individuals and business owners.
The session will begin with an overview of the fundamentals of asset protection, the stages of asset protection planning, and the tools associated with each planning stage. More advanced tax-advantaged asset protection techniques will be introduced and discussed with emphasis on appropriate client use of the techniques.
Some of the advanced techniques that will be covered include: use of LLCs, corporations, revocable and irrevocable trusts, Dynasty Trusts, Foundations, Offshore business structures, Offshore trusts, and Offshore foundations. A more detailed discussion will include: use of single-member LLCs and which states protect them from creditor piercing and “charging orders;” optimal title to hold assets for asset protection including use of joint-tenancy, tenants in common, and tenants-by-the entirety arrangements; use of Domestic Asset Protection Trusts (DAPT); which states offer the best combination of asset protection coupled with minimum state income taxes; jurisdiction risk of holding property and bank accounts in non-domicile states; best countries and structures for asset protection including Cook Islands, Nevis, Grand Cayman Islands, etc.; the FBAR reporting rules and risk of non-compliance; overview of Subpart F rules and grantor trust status, selecting a trustee to avoid grantor-trust status, use of INGs, and more.
In particular, the tax consequences and benefits of asset protection tools will be highlighted, as well as the compliance requirements necessary to achieve those tax savings. Finally, strategies to protect practitioners engaged in the asset protection planning process from potential professional liability claims will be discussed.
Recommended CPEs: 6 hours. Field of study: Taxes
New Developments: Estate, Gift, Benefits and Retirement Planning - 2023 - Part 1 & 2
Objective: To discuss a variety of new developments related to estate, gift and retirement planning, including the impact of new regulations and pending tax reform.
This course deals with recent cases and rulings, regulations and other changes related to estate planning including those affecting business valuations, discounts, hot topics, planning strategies, and more. Specific topics vary depending on the status of tax legislation but will include a discussion of pending legislation affecting estate and gift taxation, retirement tax issues, and more.
Recommended CPEs: 6 hours. Field of study: Taxes
Strategic Tax Planning for Closely Held Businesses and Owners
Objective: To discuss various strategic tax planning ideas in areas important to closely held businesses and their owners.
This course addresses the complex tax planning issues related to closely held businesses and their owners with particular focus on use of S and C corporations. Topics consist of: ongoing planning using S corporations including shareholder basis issues, compensation planning, Section 199A 20% deduction, IRS audit focus, and other S corporation planning issues. The course also addresses C corporation planning including taking advantage of the lower 21% tax rate, avoiding double taxation using personal goodwill and qualifying Section 1202 stock sales, small business accounting changes including expensing inventory and converting from accrual to cash, late filings of the employee retention credit (ERC), and more. The course is regularly updated for new planning opportunities.
Recommended CPEs: 6 hours. Field of study: Taxes
ACCOUNTING AND AUDITING CPE
If you need accounting and auditing credits, we offer numerous self-study courses that qualify for accounting and auditing credit hours.
Conferences:
888-515-3674 - Ext 1
or email conferences@nticpe.com
Self-Study:
888-515-3674 - Ext 2
or email selfstudy@nticpe.com
NTI Webinars
Check out the next event in our Video Conference Series
2023 FASB, SSARS AND SAS UPDATE AND REVIEW
Thursday, December 28, 2023
12:30-4:40pm EST
5 CPEs (3 Accounting, 2 Auditing)
NTI is a premier provider of continuing professional education (resort CPE) geared toward CPAs, attorneys and other professionals. NTI's mission is to offer the finest state-of-the-art resort CPE conferences, seminars, programs available in the country. NTI (Novel Training Ideas) is a division of Fustolo CPE LLC.
NTI is registered with the National Association of State Boards of Accountancy (NASBA), as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. NTI NASBA Sponsor Number: 103075
CFPs: Please ask for details.
CLE: Tax courses qualify for CLE in most states. CLE credit is granted on a scale of 60 minutes per hour versus 50 minutes for CPE. Please ask for details.
National Association of State Boards of Accountancy
NTI has entered into an agreement with the Office of Professional Responsibility, Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the Office of Professional Responsibility as to the quality of the program or its contribution to the professional competence of the enrolled individual.
CPE credits earned by enrolled agents directly to the IRS in accordance with the IRS requirements for CPE providers. Enrolled agents must provide us with their PTIN number so that we may report CPE directly to the IRS.
IRS Approval information: Provider Number: BTYZG