Course Description

Being a tax practitioner over the last few years has been tough! Several pieces of new tax legislation have created many new green energy credits. Also, what about the new rules regarding transparency in the ownership of corporations? And what about new provisions in the code? What will the election bring? Through discussion and easy to follow examples, we will address these questions and many other new and late-breaking provisions in the 2024 version of Keeping Up with the Tax Code!

Learning Objectives

  • Identify recent developments related to the Employee Retention Credit (ERC)

  • Recognize which entities are subject to beneficial ownership reporting requirements

  • Recall the recurring item exception as it relates to PTE elections

  • State the difference between independent contractors and employees

  • Recognize provisions related to SECURE 2.0

Additional Required Materials

  • Level: Update

  • Field of Study: Taxes (NASBA)

  • Who Should Attend: Experienced tax professionals and financial advisors

  • Required Knowledge: Previous tax preparation experience for individuals and small businesses

  • Advanced Prep: None

Instructor

CPA, CPCU, MST, MBA David Peters

David Peters is the Founder and Owner of Peters Tax Preparation & Consulting in Richmond, VA. He has over fourteen years of experience in financial services, including 3 years in the hedge fund industry and six years in the insurance industry. David was the first-ever Chief Financial Officer at Compare.com - a position he held for over three years. He is a national CPE Instructor/Discussion Leader for the AICPA, Surgent, and Kaplan. He regularly teaches courses in accounting, finance, insurance, and ethics throughout the United States. He holds four Masters degrees and contributes regularly to various CPA publications, including NCACPA’s Interim Report, SCACPA’s CPA Report, and VSCPA’s Disclosures. He was also a co-author of the 2018 Virginia CPA Ethics course – a required course for all CPA’s licensed in the Commonwealth of Virginia.