AICPA logo
Cart
searchSearch
search
burger
AICPA logo
  • Home
product-image
Virtual Tax Boot Camp, Level 1: New Staff [November 2020]
Tax
Conference

Virtual Tax Boot Camp, Level 1: New Staff [November 2020]

Designed just for new staff members to develop a strong set of core skills and focuses on individual and S corporation tax compliance plus professional business communications.

$1,195 - $1,595
Do you have an AICPA membership? Log in to apply your member discount.

Date

Nov 09 - Nov 13, 2020

NASBA Field of Study

Taxes

CPE Credits

27.5

Conference Details

Register early and save $100!

Early bird pricing expires Oct. 26. Early bird savings will be shown in shopping cart.

Ready to build foundational tax skills? Tax Boot Camp, Level 1 is designed for beginning staff; this level covers key areas to ensure your young tax force is well prepared to begin their careers. We will focus on the areas of Individual, Partnership and S Corporation tax compliance, effective online tax research techniques, clear and precise workpaper documentation, effective professional business communications. Your future tax professionals will be provided a broad range of practical tax instruction, including key issues surrounding the Individual taxation, new cost and repair regulations, S Corporation distributions, items affecting shareholder basis, Passive Activity Loss rules, and more.

The Tax Staff Essentials courses establish a strong set of core skills necessary for junior staff growth. This live training features instructor guided discussion and application exercises covering the practical application of the concepts discussed.

With a maximum 25-seat capacity, this event runs from 9am-3pm Eastern for five days and gives you the advantage of sharing thoughts and challenges with speakers and colleagues in a small, virtual group setting. You’ll walk away with new skills and expertise, giving you the knowledge and confidence, you need to excel in those first challenging years at your firm.

For best results, please ensure your video and audio are operating properly. Zoom system requirements. Accessing the live sessions: Your Zoom link will be emailed to you approximately 3 days prior to the start of the event.

Agenda

Day 1, Effective Business Communication and Tax Research 1

11:00am – 11:05am Eastern

  • Introductions

11:05am – 12:30pm Eastern

  • Difficult Communication, Communication and Work Teams, Communication Skills for Leaders

12:30pm – 1:00pm Eastern

  • Lunch break

1:00pm – 2:30pm Eastern

  • Business Writing: Style and Organization, The Power of Professional Language: Positive Wording, The Power of Professional Language: Descriptive Wording

2:30pm – 4:00pm Eastern

  • Tax Research in Perspective, The Critical Role of Facts

4:00pm - 5:00pm Eastern

  • Identifying Appropriate Authority, Locating Appropriate Authority

Day 2, Individual Tax Fundamentals

11:00am – 12:30pm Eastern

  • Filing Requirements and Dependents, Gross Income Inclusions and Exclusions: Dividends and Interest, Gross income: The Taxability of Deferred Income, Social Security Benefits, and Other Taxable Income, Business Transactions: Transportation, Travel, Meals, and Entertainment

12:30pm – 1:00pm Eastern

  • Lunch break

1:00pm – 5:00pm Eastern

  • Adjustments to Income: Education-Related Expenses and Health Savings Accounts, Other Adjustments to Income, Standard or Itemized Deductions: Medical Expenses, Taxes, and Interest, Itemized Deductions: Charitable Contributions and Casualty and Theft Losses, Other Below-the-Line Deductions: Other Itemized Deductions and the Qualified Business Income Deduction, Tax Computations: Kiddie Tax, Estimated Tax Payments, Additional 0.9% Medicare Tax on Earnings, and the Net Investment Income Tax, Tax Credits

Day 3, S Corporations - Key Issues, Compliance, and Tax Strategies

11:00am – 12:30pm Eastern

  • Why Subchapter S, S Corporation Qualifications and Election, Termination of S Corporation Status

12:30pm – 1:00pm Eastern

  • Lunch break ##$# 1:00pm – 5:00pm Eastern
  • S Corporation Pass-through to Shareholders, Shareholder Basis, and Losses, S Corporation Distributions, Taxable Year of S Corporations, S Corporation Passive Activity Rules, Fringe Benefits, and Other Considerations

Day 4, Capitalized Costs and Depreciation and Working Paper Documentation

11:00am – 12:30pm Eastern

  • Tax Basis of Property Acquisitions, Materials, Supplies, Repairs, and Improvements

12:30pm – 1:00pm Eastern

  • Lunch break

1:00pm – 4:00pm Eastern

  • Depreciation, Intangible Assets, Amortization,

4:00pm – 5:00pm Eastern

  • Documenting Tax Return Information, Tax Working Papers for Business, Tax Accrual Working Papers Provided to the Internal Revenue Service

Day 5, Tax Fundamentals of LLCs and Partnerships

11:00am – 12:30pm Eastern

  • Overview: Basic Tax Structure of Partnerships and LLCS, Tax Consequences of Partnership or LLC Formation, Partnership Distributions

12:30pm – 1:00pm Eastern

  • Lunch break

1:00pm – 5:00pm Eastern

  • Compensatory Payments to Partners, At-Risk and Passive Activity Limits, Overview of Profit and Loss Allocations: General Rules and Restrictions, Reporting Taxable Income for Partnerships and LLCs
Who Should Attend
  • Tax Staff with 0-2 years of experience
  • Firms seeking consistent training and level setting
Attendance options
Online
Nov 09 - Nov 13, 2020
Pricing
Do you have an AICPA membership? Log in to apply your member discount.
Nonmembers
Online
$1,595.00
AICPA Members
Online
$1,195.00

Looking for group pricing?

We can help with group discounts. Call us at 1-800-634-6780 (option 2) or email us at groupconference@aicpa-cima.com

Contact us
Credit Info
CPE Credits
Online
27.5
NASBA Field of Study
Taxes
Level
Basic
Prerequisites
None
System Requirements
View our system requirements here
Accessibility

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.

Cancellation Policy
View our Cancellation policy here
Virtual Tax Boot Camp, Level 1: New Staff [November 2020]
Nov 09 - Nov 13, 2020
Select from the following options:
Online
$1,595.00
Nonmember Price
$1,595.00
Price excluding sales tax
$1,595.00
Do you have an AICPA membership? 
Log in to apply your member discount.
Shipping cost and sales tax will be added later during checkout

Related content