Tax Staff Essentials, Level 4 - Tax Manager/Director (41.5 CPE Credits) gives your managers and directors the tools they will need to offer existing clients additional services. It will improve and increase their proficiency levels, eliciting a higher level of customer satisfaction, with the potential to increase firm service fees. Tax Staff Essentials Level 4 contains the advanced technical level of training your firm needs to maintain and improve its core competencies. As your firms leaders expand their levels of expertise, so does your firm expand its ability to offer its professional services to new and existing clients.
Key areas covered include IRS audits, international tax, advanced topics in partnership taxation and accounting for deferred taxes, and individual and small business tax planning. Whether you wish to grow your firm by developing expertise in a niche or by business referrals from highly satisfied clients, TSE Level 4 is a must-have suite of CPE courses.
Note: This course has been updated for the Tax Cuts and Jobs Act (TCJA) of 2017 ("Tax Reform"). Included with your course, you will have free access to a specially-prepared Course Supplement that provides an explanation of the key provisions of TCJA (including topics not covered in your course).
Courses Included:
IRS Audits
Advanced Taxation Partnerships & LLCs
International Taxation
Advanced Income Tax Accounting
Tax Planning for Small Businesses
Individual Tax Planning
This comprehensive, integrated curriculum provides tax training for four different experience levels and is available in four different formats: Online, On-site, Tax Schools and Webcasts.
Key Topics
New individual income tax rates
New corporate tax rates
New pass-through income rules
The qualified business income (QBI) deduction
New rules for certain credits and deductions
Advanced aspects of ASC 740 including accounting for business combinations and other purchase transactions and stock compensation under ASC 718
Sale of an interest in a partnership or LLC
Adjustments to basis of partnership/LLC assets
Advanced distribution rules
Allocation of income under Section 704(b)
Foreign branch and affiliates
U.S. withholding taxes on foreign business
Types of IRS audits
RAR: Revenue Adjustment Report
Accounting for audit adjustments
Individual tax planning
Small Business tax planning
Learning Objectives
Apply the complex rules of ASC 740 (SFAS No. 109 and FIN 48) to new and challenging situations
Apply ASC 740 to ASC 805, Business Combinations, and ASC 810, and non-controlling Interests in Consolidated Financial Statements
Determine the applicable tax rate for complex situations
Determine the consequences of selling a partnership or LLC interest
Make elections to protect partners and LLC members from unwelcome future consequences arising from current distributions, sales, and/or transfers of interests in the partnership
Learn how to calculate the basis of partnership or LLC following distributions of multiple properties
Understand how to comply with U.S. tax reporting requirements for inbound and outbound transactions and operations
Learn how income is sourced to a foreign jurisdiction
Determine when to challenge IRS requests
Understand IRS audit techniques, inquiries, and appeal rights
Manage the information document request process and evaluate the contents of a revenue agent report (RAR)
Learn specific ways to reduce your individual and small business clients tax bills
Credit Info
CPE CREDITS: Online: 41.5 (CPE credit info)
NASBA FIELD OF STUDY: Taxes
LEVEL: Advanced
PREREQUISITES: Tax Staff with over 5 years of experience
ADVANCE PREPARATION: None
DELIVERY METHOD: QAS Self-Study
COURSE ACRONYM: TSE.Level 4
Online Access Instructions
A personal pin code is enclosed in the physical packaging that may be activated online upon receipt. Once activated, you will gain immediate online access to the product.
System Requirements
AICPA’s online CPE courses will operate in a variety of configurations, but only the configuration described below is supported by AICPA technicians.
A stable and continuous internet connection is required. In order to record your completion of the online learning courses, please ensure you are connected to the internet at all times while taking the course. It is your responsibility to validate that CPE certificate(s) are available within your account after successfully completing the course and/or exam.
Supported Operating Systems:
Macintosh OS X 10.10 to present
Windows 7 to present
Supported Browsers:
Apple Safari
Google Chrome
Microsoft Internet Explorer
Mozilla Firefox
Required Browser Plug-ins:
Adobe Flash
Adobe Acrobat Reader
Technical Support: Please contact service@aicpa.org.
- ISBN10 1119556139
- ISBN13 9781119556138
- Publish Date 9 April 2019
- Publish Status Out of Print
- Out of Print 26 April 2022
- Publish Country US
- Imprint John Wiley & Sons Inc
- Format Paperback
- Pages 1
- Language English