The Consolidated Appropriations Act of 2021 (AKA the new Stimulus passed Dec 22) is a massive 5,593 page omnibus bill that includes multiple updated and new tax provisions that you need to know about for the coming tax season. We'll unpack it all into usable and practical chunks to give you the knowledge you need to be able to properly service your clients and even unlock additional revenue opportunities in your practice.
• Stimulus Payments
• The tax extenders
• PPP Expense Deductibility and Forgiveness
• Paycheck Protection Program (PPP) round 2
• Paycheck Protection Program (PPP) round 1 changes
• SBA EIDL changes, additions and grants
• Employee Payroll Tax Deferral
• Disaster relief provisions
• MAJOR changes to Employee Retention Credit (ERC)
• Changes to depreciation
• Changes to the deductibility of various expenses on tax returns
• Retirement provisions
• Retroactive provisions back to tax year 2019 (EITC and CTC)
You don't want to miss this course! If you can't make the time we offer it live, you can register anyway and you'll get the recorded version after completion.
Live Participants earn 2.0 CE/CPE credits
About the Instructor:
Knox Wimberly is an Enrolled Agent, NTPI Fellow, and the CEO of Taxaroo. Knox is considered one of America's Tax Experts having taught practitioners and IRS staff from all across the country. Knox’s areas of expertise include the government stimulus programs, tax technology, and the taxation of clergy, cryptocurrency, cannabis, foreign earned income, estates (especially on the 1041 fiduciary return), S corporations, and trusts. His teaching style is easy to understand, detailed, thoroughly detailed, and even fun at times.
2 CE/CPE Credits
Field of Study: Federal Tax Law Topics / Tax
IRS Program Number: QSRNU-T-00472-21-O
Prerequisites: Basic knowledge of federal taxation in the United States.
Who Should Attend: CPAs, Enrolled Agents, Tax Preparers, Tax Attorneys
Advanced Preparation: None
Program Level: Intermediate
Delivery Method: Group Live presented online due to COVID-19
Refunds: No refunds will be granted for this webinar unless the program is cancelled by VASEA.
Cancellation: VASEA reserves the right to cancel any program or course for circumstances that are not under direct control of VASEA. If this program is cancelled, registrants will be notified via email at the address listed on their registration form and receive a full refund.
Complaint Resolution: For more information regarding refund, cancellation and complaint policies, please contact VASEA Administrator, Heather Greenwell at firstname.lastname@example.org or call (804) 723-5888.
Virginia Society of Enrolled Agents will be providing the CE/CPE for this webinar.
Virginia Society of Enrolled Agents is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
This webinar is FREE for all VASEA members. Please enter your member discount code when prompted for a coupon code during checkout.
Contact Heather Greenwell, CAE, VASEA Administrator, at (804) 723-5888.