CPE Catalog & Events

Comprehensive coverage of the One Big Beautiful Bill Act Timely coverage of breaking tax legislation Real Estate professional requirements Review of pertinent cases and rulings affecting taxpayers Sale of Passthrough Entity Interests and Net Investment Income Tax - analyze the tax implications of selling interests in passthrough entities, including relevant examples, and how the Net Investment Income Tax (NIIT) applies to these transactions Practice aids, including all the numbers applicable for the current year -- inflation-adjusted amounts, mileage rates, retirement contributions, and more Advanced practice, reporting, and other issues intertwined with advanced planning and discussion ideas  

Comprehensive coverage of the One Big Beautiful Bill Act  Guidance on the impact of recent legislation on S corporations and partnership entities  Principles and considerations for nonresident withholding, composite payments, and passthrough entity taxes Partnership Distributions, Form 7217, and S Corporation Redemptions  Decentralized Autonomous Organizations (DAOs) A review of the key cases, rulings, and tax law changes affecting S corporations, partnerships, limited liability companies, and limited liability partnerships

Understanding the risk-based program selection approach to identifying major programs The four-step major program determination process How to identify "not low-risk type A programs" and "high-risk type B programs"

The types of findings reported in Yellow Book and single audits The requirements for reporting findings under the 2024 Yellow Book revision and the 2024 revision to the Uniform Guidance How to really think through the elements of a finding to assist report users

Legislative developments A full chapter devoted to determining the best planning options for maximizing joint Social Security benefits Retirement benefits: Amount of benefits in various circumstances; how the amounts are distributed within the family unit Qualification: Has the client retired? How business entities may be used for Social Security advantage Income taxation of Social Security: avoidance tactics Spousal benefits: Should a spouse return to work? What benefits does a spouse have and when and how do they relate to benefits decisions by the client? When can hiring the spouse increase overall benefits? Why should both spouses qualify for survivor benefits? Disability benefits When to start Social Security benefits: Advantages and disadvantages at ages 62, full retirement age, and 70 Coordinating benefits: Should you take Social Security first and higher-balance IRA distributions later, or take IRA balances first and enhanced Social Security benefits later? Pensions: Distribution strategies; how to use the minimum distribution rules in concert with Social Security benefits IRAs: Is it time to convert to a Roth? Medicare, Part D prescription drugs: what retirees need to know

The key requirements, options, and best practices seen in each of the basic financial statements Today's core accounting and reporting requirements related to contributions and how to effectively and efficiently apply them How to analyze and incorporate the needs of financial statement users into a not-for-profit's financial statements and disclosures

How to get started with today's leading AI tools Examples of what you can - and can't do - with AI Potential security and privacy issues associated with AI Accountant-centric problems AI can help you solve

Examine real-world misappropriations of cash, check frauds, vendor scams, credit card abuse, grant frauds, benefit schemes, inventory thefts, and payroll frauds Consider and develop controls to stop fraud Tailor controls to the size and fit of the government or nonprofit

Module 1: Navigating the Storm: Crisis Management for Resilient Firms The need for crisis management and business continuity plans Risk assessment and identification How to develop a crisis management framework Crisis communication strategies Business continuity planning essentials Keys to crisis leadership and decision making in a crisis Module 2: Proven Strategies for Effective Fraud Detection and Prevention Understanding fraud o Definitions and types How are frauds caught? Where, how, and when to look o Common red flags How to reduce your fraud risks Module 3: CFO or Detective? A Guide to Conducting Effective Investigations What is an investigation and when is it warranted? How to prepare for an investigation - Who should conduct it and defining the boundaries When to outsource vs. conduct the investigation internally Evidence collection and preservation - The paper and data trail - Witness statements Employee rights during investigations Investigative techniques (data analytics, surveillance, interviews) Reporting results When to take the next step - the legal process Module 4: Artificial Intelligence (AI) and Machine Learning: Practical Applications for Finance Explain AI and ML and describe potential finance-related applications for both. Demonstrate the growth of AI. Discuss practical applications and risks for AI and ML, specific for accounting and finance. Bookmark and share examples of ethical policies to help mitigate these risks. Demonstrate prompt engineering tips to yield desired responses from Generative AI tools like Chat GPT, Gemini, Perplexity AI, and Microsoft Copilot.

Introduction to AI in accounting Generative AI in accounting and prompt engineering AI and data ethics in accounting Leveraging AI for data analytics in accounting

Study real-life misappropriations involving federal awards and how they were carried out The backgrounds, motivations and methodologies of the fraudsters Brainstorm where things went wrong that allowed the frauds to occur without prevention or detection

Foundation and principles of generally accepted government auditing standards {GAGAS) Yellow Book compliance requirements Ethics, independence, and professional judgment Competence and continuing professional education Quality control and peer review Standards for financial audits, attestation engagements and reviews of financial statements Fieldwork and reporting standards for performance audits

The impact of TCJA and the latest tax developments for individuals and businesses Major tax court cases impacting both individuals and businesses Tax credits update Partnership and S-corporation tax matters Tax numbers update for 2024 & 2025  

The impact of TCJA and the latest tax developments for individuals and businesses Major tax court cases impacting both individuals and businesses Tax credits update Partnership and S-corporation tax matters Tax numbers update for 2024 & 2025

Module 1: Incentive Compensation Plans That Incentivize - Design Plans That Work! What are incentive plans trying to achieve? Types of incentive plans commonly found - What are the advantages and disadvantages of each? What makes a plan work or fail? Compensation methods - stock, options, cash, etc. Specific issues in design - The unequal challenge, upper and lower limits, and tying to objectives How to test a plan to ensure that it will work Module 2: Beyond the Boardroom: Corporate Governance Best Practices Accountability in the workplace Leadership, governance and ESG (Environmental, Social and Governance) The role of the Board in governance Setting ethical standards The keys to true governance best practices Practical applications in smaller organizations Module 3: Developing a Great Internal Audit Department: The Process? The six factors required for Internal Audit to deliver value - The most important factor - Implementing Internal Audit guidelines How to measure value and progress What distinguishes a good department from a great department? - Key skills for excellent Internal Auditors - The proper mindset and goals - Getting and keeping the right staff How to cost-justify Internal Audit - Making the business case Effectively communicating with the Board and other leaders Module 4: Ethical Dilemmas: Navigating Blurred Lines: Ethical Decisions Making Made Easy Understanding ethics and moral principles Identifying ethical dilemmas Analyzing consequences and the impact on stakeholders Applying ethical decision-making models - Effectively using the Code of Professional Conduct Managing ethical conflicts and resolutions

Overall landscape of the construction industry GAAP and recent changes affecting the construction industry FASB ASC 606 and its impact on the construction industry Unique audit and review issues with construction contractors The unique relationship between the contractor and the surety Tax compliance issues facing construction contractors Ongoing and new tax issues for construction contractors Going concern disclosures and their importance to the construction industry FASB ASC 842 and its impact on the construction industry

Criteria that the IRS uses to select returns for examination Substantiation requirements for travel, charitable contributions, vehicles, meals, virtual currency considerations and tax-related identity theft Understanding worker classification determinations on who is an employee and who is an independent contractor Distinguishing S corporation officer's reasonable compensation issues How the IRS holds persons other than an employer liable for unpaid payroll taxes, a.k.a., the trust fund recovery penalty Tax-related identity theft procedures

The impact of recent legislation on the construction industry How to qualify for the "small contractor exemption" and its advantages to the taxpayer Options available to the "small" contractor regarding taxation of long-term contracts How the choice of entity impacts taxation of contractors How AMT impacts the construction industry IRC 460 and "large" contractors How "uninstalled materials" impact taxation of contractors How the "look-back" rules impact contractors How the "10 percent method" can allow certain contractors to defer recognizing taxable income Critical tax planning strategies for contractors