2017-2018 Federal Tax Update: Retirement Plans (PDF)

$69.00

Combining real-life experiences of a practicing CPA/EA with essential down-to-earth tax materials, this authoritative self-study course will provide you with the most recent and up-to-date tax changes. You’ll receive answers to your tax questions in an accessible, easy-to-read manual of the latest federal legislative issues. You’ll also receive a digital PDF version that is hyperlinked to relevant sections of the Internal Revenue Code. Renowned tax experts Vern Hoven and Sharon Kreider deliver all the information you need related to IRAs and individual retirement planning, from the simplest to the most complex rulings.

This course covers material also contained in 2017-2018 Federal Tax Update.

  • Credit Hours:  4
  • NASBA Field of Study: Taxes
  • Level:  Update
  • Prerequisites: General tax preparation experience 
  • Advance Preparation: None
  • IRS Course #: BZ8FR-U-00070-17-S
  • IRS Federal Tax Update Credits:  4
SKU: 2018FTURETPDF Categories: ,

Course Description

Combining real-life experiences of a practicing CPA/EA with essential down-to-earth tax materials, this authoritative self-study course will provide you with the most recent and up-to-date tax changes. You’ll receive answers to your tax questions in an accessible, easy-to-read manual of the latest federal legislative issues. You’ll also receive a digital PDF version that is hyperlinked to relevant sections of the Internal Revenue Code. Renowned tax experts Vern Hoven and Sharon Kreider deliver all the information you need related to IRAs and individual retirement planning, from the simplest to the most complex rulings.

This course covers material also contained in 2017-2018 Federal Tax Update.

Course highlights include the following:

  • Minimal IRA inflation adjustments for 2016 and 2017
  • Increased attention from IRS toward self-directed IRAs
  • Prohibited transactions resulting in taxable rollover
  • Loss of IRA bankruptcy protection for prohibited transactions
  • Skyrocketing of letter ruling fee

Learning Objectives

Upon successful completion of this course, participants will be able to:

  • Cite the various rules regarding IRAs, Roth IRAs, “myRA,” and other retirement plans, and determine how these rules are used for retirement and tax planning.
  • Identify the consideration inherent in various benefit plans and the taxation issues.
  • Recall the rules and exceptions under the DOL’s fiduciary rule.
  • Recognize how to advise your client on various rules and regulation related to retirement plans such as filing requirements, nondiscrimination, the qualified rollover rules, and other matters impacting retirement plans.
  • Determine whether the minimum distribution requirements are being met for your clients.
  • Identify how to avoid the 10% early withdrawal penalty.

Prerequisites

General tax preparation experience

Program Level

Update

Field of Study

Taxes

Advance Preparation

No advance preparation is required for any of the following courses. We simply recommend you save and/or print out the course manual to follow along with during the online course, and to use for future reference. In order to download, click “Course Manual” under Course Menu on the right side of your screen. When the document appears on your screen, go to File, then Save and/or Print. The manual is yours to keep! After saving or printing, simply close the screen to return to your “Course Overview” page.

Instructional Method

QAS Self-Study

CPE Credit Hours

4 Credits

Credit Hours are based, in accordance with the National Association of State Boards of Accountancy’s (NASBA’s) Standards for Continuing Professional Education (CPE) Programs, on a 50-minute hour. Upon successful completion of the exam (70% or higher), you will be presented with a printable Certificate of Completion detailing the Course Name and earned Credit Hours.

Program Registration

Simply click the “Add to Cart” button following the course description and, once you complete the order form, you will be asked to create a username and password good for one year from the date of purchase. You can change your password at any time. You will have one year from date of purchase to review the course(s) you purchase, and take the final exam. Once you pass the exam, you will have completed the course.