The California Tax & Insights Bundle
List price: $238
Sale Price: $178
You Save $60 (25%)
What’s Included:
- The 2022 Tax Season Brief (1 Credit)
- Schedules K-2 & K-3 (1 Credit)
- AB 150: PTET SALT CAP WORKAROUND (2 Credits)
- On-Demand Webcast Playability
Secure Transaction What you'll get
COURSES:
3 Courses
Credits:
4 Credits
Taxes
Webcast (On-Demand)
After Completion
Maintain Your Edge & Grow Your Mastery with Western CPE
In the first course of the bundle, The 2022 Tax Season Brief, Larry Pon, CPA/PFS, CFP, EA, will give you a concise look at the critical client topics dominating tax season.
In the second course, Schedules K-2 & K-3, Larry Pon, CPA/PFS, CFP, EA, will provide an overview for these K-2 and K-3 forms with a focus on who is required to complete them, what information needs to be reported, and what the best practices are going to be regarding issues by the IRS. Additionally, updates will be added regarding the transition relief on schedules K-2 and K-3.
Lastly, in the final course, AB 150: PTET SALT Cap Workaround, learn to take advantage of the workaround, which can help your clients with California interests reduce their federal tax liabilities. Learn why SB 113 means more taxpayers will benefit from the passthrough entity tax. Understand what your client should do if they made a passthrough entity tax payment and shouldn’t have.
What You'll Learn
- Understand the Schedule K2 and K3 Overview
- Learn about Partnership Determination of certain items
- Figure out how to attach certain forms to K-2 & K-3
- Understand what can be done to reduce 2021 taxes
- Be able to explain California FTB Form 3840
- See and learn about Part II & III of Schedule K-2 and K-3
- Understand Expanded Dependent Care Assistance
- Plan for the Forgiveness of PPP Loans
- Gain familiarity with CCA 202151006
- Figure out the timing issues regarding electing and paying
- Identify qualified passthrough entities
- See how the limitations to the utilization of the PTET Credit may affect your clients
MEET THE Expert
Lawrence Pon, CPA/PFS, CFP, EA, USTCP, AEP
Lawrence “Larry” Pon is a Certified Public Accountant, Personal Financial Specialist, Certified Financial Planner, Enrolled Agent, United States Tax Court Practitioner, and Accredited Estate Planner in Redwood Shores, CA. Pon has been in practice since 1986 and enjoys helping his clients reach their financial goals. He frequently speaks on tax and financial planning topics to tax professionals, financial advisors, and the general public nationally. Additionally, he received his BS in Business Administration with emphases in Accounting and Finance from the University of California, Berkeley, and MS in Taxation from Golden Gate University in San Francisco.