Here are the topics I present on.
COVID-19 Tax and Payroll Changes
Depending on the audience, I present on anything tax and payroll related with COVID-19. Topics include: the new Form 941 redesign, the new Form 7200, Payroll Protection Program Loans, employee retention credit, the tax credit for sick leave paid under the Families First Coronavirus Response Act, net operating loss changes, and all sorts of tax provisions related to individuals.
This course is the one that started it all. I have been giving this presentation since 2012 and have given it in-person and in webinars to groups ranging from 3 people to 3,000. The length is either 60 minutes or 90 minutes. (My preference is the 60-minute version but I expand to 90 minutes on request.)
The basic course outline is:
-Basics: who must file, who do you sent it to, and what transactions are reportable
-Due dates, how to file, penalties, and how to get out of penalties
-Deep discussion of contractor vs. employee, how to tell the difference, and why it’s important
-Form W-9 line-by-line
-Form 1099-K and its interaction with the 1099-NEC
-Rental property and the 1099-NEC: do landlords issue 1099s?
-Form 1099-C used as a collection method — is it okay to send a 1099 to a deadbeat customer?
Note: every presentation I give is unique; I work in new material, revise slides, and change up the order and depth of each topic every time I present. No two presentations are the same.
Year-End Tax Update (Two Versions — One for Tax Pros, One for Industry)
Every year, I prepare a year-end tax update. One version of this presentation is for tax professionals and is 2 hours long. This update covers “a little of this and a little of that,” going through changes for individual taxes and for business taxes.
The other version of this presentation is for business owners, office managers, HR professionals, etc. This version covers payroll updates, and what’s new with business taxes, and is 1 hour long.
Ethics for Tax Professionals
This highly rated course (“the best ethics course I’ve ever taken” is what one participant said) is 2 hours long and will cover ethics for tax professionals, giving most tax pros the required 2 hours of ethics CPE they need.
A Brief History of Marriage in the Tax Code
This 1-hour course covers the history of how marriage has been treated in the tax code from 1913-onward. We discuss how filing statuses came about, what the marriage penalty is, and overall how taxes worked back in the “early days” of the code. This is a fun presentation to give.
Iowa Married Filing Separately Filing Status
NOTE: this is a state-specific presentation. Iowa has a “married filing separately” filing status that is quite different from the federal MFS filing status, and is used by most two-income couples in Iowa. This course covers all the quirks of the Iowa MFS status, including how to properly allocate deductions and credits, and how different line items are calculated. This course is 1 hour long.
Employee vs. Independent Contractor — Why it’s Important and How to Tell the Difference
This 1-hour course covers how to tell the difference between a contractor and an employee, as well as why it’s important, and what the IRS can do to a business if the IRS determines that a business’s contractors are actually employees.
Form I-9 Redesign
The Form I-9 was redesigned and is required for usage starting on May 1, 2020. This 1-hour course covers what’s new, as well as COVID-19-related provisions, and a general overview of how the form works.
What to Do If the IRS Reclassifies Your Contractors as Employees
This 1-hour course covers the options available to employers if the IRS reclassifies contractors as employees. We talk about the Voluntary Reclassification Program and more.
In the Works:
I am always working on new courses. Topics in development are:
–Taxes and the “non-traditional” family. An offshoot of the “History of Marriage” presentation, the idea is for this course to delve into tax issues relating to: unmarried couples with kids, and grandparents or other relatives raising other people’s kids.
–Divorce and taxes
–State-specific ethics webinars
–Other topics by request