Tax Staff Essentials Level 2 - Experienced Staff
Staff can expand the depth and breadth of their tax knowledge with this series of courses designed to strengthen your firm by encouraging staff independence.
Format
Online
NASBA Field of Study
Taxes
Level
Intermediate
CPE Credits
42
Availability
2 years
Product Number
TSELEVEL225SSO
Stepping into a supervisory role
This series helps tax professionals establish the technical skills necessary to work more independently and expand their impact on their teams. Level 2 broadens their tax knowledge in the following areas:
- Multistate taxation
- Individual taxation for small business owners
- Property taxation
- Corporate taxation
Comprehensive upskilling across tax topics
Level 2 is designed to touch on a broad array of tax topics. While some topics may be new to experienced staff, courses in this series also introduce advanced concepts in familiar areas.
Courses include:
- Multistate Taxation
- Taxation of Property Transactions
- Intermediate Individual Taxation
- Taxation of Corporations
Updated for the latest in tax legislation, regulation, and judicial decisions
Tax Staff Essentials courses are updated regularly to cover topical issues in taxation, including the effects of SECURE 1.0, SECURE 2.0, and more.
Who Will Benefit
Experienced tax staff in public accounting and industry
Key Topics
- Nexus, UDITPA, and P.L. 86-272
- Income apportionment and allocation for multi-state tax purposes
- Depreciation recapture
- Nonrecognition transactions
- Retirement plan distributions
- Individual and business tax credits
- Qualified business income
- Net operating losses
- SECURE 1.0 and 2.0 and related regulations
Learning Outcomes
- Distinguish between income tax and sales tax nexus.
- Apply the tests for determining business and nonbusiness income.
- Determine the tax basis of property received in a like-kind exchange.
- Determine the impact of depreciation recapture on a taxpayer’s taxable income and tax liability.
- Determine whether an activity is passive or active.
- Identify income categories and entity types that qualify for the qualified business income (QBI) deduction.
- Analyze the tax-saving opportunities and requirements with respect to Section 1244 stock.
- Identify the limitations and substantiation requirements regarding deductions for meals, travel, and entertainment.
Group ordering for your team
2 to 5 registrants
Save time with our group order form. We’ll send a consolidated invoice to keep your learning expenses organized.
Start order6+ registrants
We can help with group discounts. Email client.support@aicpa-cima.com
US customers call 1-800-634-6780 (option 1)
The Association is dedicated to removing barriers to the accountancy profession and ensuring that all accountancy professionals and other members of the public with an interest in the profession or joining the profession, including those with disabilities, have access to the profession and the Association's website, educational materials, products, and services.The Association is committed to making professional learning accessible to all product users. This commitment is maintained in accordance with applicable law. For additional information, please refer to the Association's Website Accessibility Policy. As part of this commitment, this product is closed-captioned. For additional accommodation requests please contact adaaccessibility@aicpa-cima.com and indicate the product that you are interested in (title, etc.) and the requested accommodation(s): Audio/Visual/Other. A member of our team will be in contact with you promptly to make sure we meet your needs appropriately.