Webinars: September 2015

September 9 - S-Corporation Tax Issues - You have S-Corporation clients.  This class is an overview of the S-Corporation and flow-through entity. Why chose an S-Corporation, what are the advantages and disadvantages.  Wages vs. distributions as well as key audit issues IRS is looking for.  The S-Corporation election and relief provisions

September 10 - Farm Expenses Overview - What is a farm expense? Chapter 4 of the IRS Farm Audit Technique Guide will provide us a guideline of issues to cover in this session. Pre-paid expenses, capital vs. reoccurring costs, contract labor plus other typical farm expenses. 

September 15 - S-Corp K-1 Preparation - The proper preparation of an S-Corporation K-1 is essential to the client and reporting the flow-through income. This class will review the key areas of Form K-1 and the flow-through process.

September 22 - Health Savings Accounts - A health savings account (HSA) is a tax-advantaged medical savings account available to taxpayers in the United States who are enrolled in a high-deductible health plan (HDHP). The funds contributed to an account are not subject to federal income tax at the time of deposit. How can this help your client with medical expenses and save them tax.

September 23 - Farm Income A-Z - Farm entities enjoy many unique benefits under the Internal Revenue Code. These advantages provide numerous opportunities for valid income deferral. This class will examine some of the relevant income issues unique to farming entities.

September 24 - Charitable Contributions Recordkeeping Pitfalls - What is FMV, do you need appraisals, and what must you have in your recordkeeping to substantiate your donation. IRS is auditing charitable contributions and you and your client need to be prepared.