Continuing Professional Education for Tax Professionals
Earn 3 CPE credits while learning Federal Tax Updates. Qualifies for Enrolled Agents and Registered Tax Return Preparers nation-wide and CPAs in most states. Please verify eligibility at http://www.teachucomp.com or by clicking the "CPE Eligibility" document below.
What changes have been made to the tax code in the areas of capital gains & losses, IRAs, health savings accounts, adoptions and much more? By the end of this video course, you should understand all of the various updates to the tax code for the current year. Your instructor will use practical, hypothetical real-world examples to further examine these topics and test your knowledge.
What are the requirements?
- Pass final exam with 70% or higher to receive Certificate of Completion and CPE Credit
What am I going to get from this course?
- Over 42 lectures and 1.5 hours of content!
- Understand: Updates to Federal Tax Code for 2012
- Learn: How to apply and use these changes for the new tax year
What is the target audience?
- CPAs, Enrolled Agents and Registered Tax Return Preparers
CPE Credit Acceptance Information
Forms, Reporting, and Filing (New in 2011)
Filing RemindersReporting Capital Gains and Losses on New Form 8949IRA rolloversForeign Financial AssetsExpired Forms, Credits, and Deductions
Changes in Deductions
Health Savings Accounts (HSAs) and Archer MSAsAlternative Minimum Tax Exemption Amount Increased
Changes in Credits
Alternative Motor Vehicle CreditNon-Business Energy Property CreditHealth Coverage Tax CreditAdoption Credit
Changes for Individuals
New Filing InformationSocial Security and MedicareStandard Deductions in 2012Mileage Deduction RatesEarned Income CreditLifetime Learning and Hope CreditsContributions to Retirement AccountsHousing and Moving ExpensesSelf-Employment Tax RateExclusion amount for foreign earned income
Expired or Changed Laws and Credits
Expiration of credits.Surtax on fuel used in a fractional ownership program aircraft.Affordable Care Act.
Tax Benefits that have been extended
Deduction for educator expensesTuition and fees deductionElection to deduct state and local general sales taxes instead of state and locaDeduction for mortgage insurance premiums
Instructional and Testing Materials
Submittal Form and InstructionsStudy Guide and OutlineTranscriptReview QuestionsReview Questions - Response SheetReview Questions - Answer KeyTest QuestionsTest Questions - Response SheetIRS Form 6251IRS Form 8889IRS Form 8938