Hot Tax Topics from the InCite Tax Community
1 Credits: Taxes
Event Date: August 29, 2024 12:00 pm ET$0.00
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Secure Transaction Hot Tax Topics from the InCite Tax Community
Format
Live Webcast
Course Level
Overview
CPE Credits
1 Credits: Taxes
Event Date: August 29, 2024 12:00 pm ET
Course Description
In this unique session, our panel of instructors will discuss thorny issues surrounding a variety of topics, likely including digital assets, security and internal auditing, real estate, tax planning, and more. These are sourced from questions and comments from InCite, a new online community of tax pros, so we’re taking a look at real-world situations that are coming up in real practices.
Topics include:
- Digital Assets: Specifically final regulations/1099-DA and the Celsius Network bankruptcy
- Real Estate: Short term rentals/passive losses and cost segregation
- Security: GLBA/WISPs and AI security
- Tax Planning: Bad social media advice and the sunset of the Tax Cuts and Jobs Act (TCJA)
Panelists include:
- Tom Gorczynski, EA, USTCP
- Natalie Kolodij, EA, CRETS
- Matthew Metras, EA
- Brad D. Messner, MBA, EA
Learning Objectives
Upon completion of this course, students will have an understanding of the facts (as well as common misconceptions) surrounding the following topics:
- IRS Form 1099-DA
- The tax and accounting implications of the Celsius Network crypto exchange bankruptcy
- Passive losses related to short term rentals
- What the Gramm-Leach-Bliley Act is and how to comply with it
- The role of Written Information Security Program (WISPs)
- Trends in AI security
- What may be on the horizon as the Tax Cuts and Jobs Act begins to sunset
Course Specifics
LIVE-WEBCAST-368183-1-1-1-1
None
None
Compliance Information
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-02502-24-O
IRS Federal Tax Law Credits: 1
CFP Provider Number: 3199
CFP Course Number: 328886
CFP Credits: 1
CTEC Course Number: 2071-CE-2058
CTEC Federal Tax Law Credits: 1
CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.
CTEC Notice: California Tax Education Council DOES NOT allow partial credit, course must be taken in entirety. Western CPE has been approved by the California Tax Education Council to offer continuing education courses that count as credit towards the annual “continuing education” requirement imposed by the State of California for CTEC Registered Tax Preparers. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, by phone toll-free at (877) 850-2832, or on the Internet at www.ctec.org.
Meet The Experts
Brad D. Messner, MBA, EA is a seasoned professional in both the technology/cybersecurity domain and tax/accounting topics. He has spent over 20 years working with global security systems encrypting and locking down millions of records across dozens of countries. He is also the third-generation owner of M & J Tax Service in Pennsylvania. He is currently a university professor dedicating his career to teaching security and data management to the future leaders of the business world, as well as a nationally-recognized speaker. In July 2023, he was awarded Tax Professional of the Year by the National Association of Tax Professionals, …
Matt Metras, EA is the owner of MDM Financial Services in Irondequoit, NY. He has been practicing since 2003 and specializes in bookkeeping and taxation for cryptocurrency clients. He is a frequent guest on the Bitcoin Taxes podcast. He has instructed on Cryptocurrency Taxation for the National Association of Enrolled Agents, The American Institute of Certified Tax Planners, and many other organizations and is a contributing writer for thinkoutsidethetaxbox.com. Matt serves on NAEA’s Governmental Relations Committee and Diversity, Equity and Inclusion Task Force. Additionally, he is an administrator of the “Bitcoin & Cryptocurrency Tax Info” Facebook group and a moderator …
Natalie Kolodij, EA, CRETS is an IRS Enrolled Agent who has been working exclusively with Real Estate Investors for almost a decade. She is a National Tax Educator, IRS CE Instructor, and the founder of the Certified Real Estate Tax Strategist™ credential. With over a decade of experience in tax, real estate, and finance, Natalie has a deep portfolio of speaking engagements. For several years Natalie has also been a National Tax Educator teaching for NATP, Compass, NAEA, and multiple local chapters. Education has included multiple webinar based continuing professional education classes, as well as teaching for Taxposium and Super …
Thomas A. Gorczynski, EA, USTCP is a nationally recognized speaker and educator on federal tax law matters. He is the author of the Tom Talks Taxes newsletter, the co-author of the PassKey Learning Systems EA Review Series, and co-owner of Compass Tax Educators. He is an Enrolled Agent, a Certified Tax Planner, a National Tax Practice Institute™ Fellow, a Certified Tax Resolution Specialist, and admitted to the bar of the United States Tax Court as a non-attorney.
Live Webcast
