NSA EA Exam Review Course: Part 2

When:  Aug 20, 2014 from 08:30 AM to 12:00 PM (ET)
Wednesday, August 20 • 8:30am - 12:00pm
EA Exam Review Course: Part 2

Pass the Enrolled Agent (SEE) Exam!

NSA Enrolled Agent Exam Review Course
August 18-20, 2014
Baltimore, MD

Monday, August 18:       Part 1: Individuals

Tuesday, August 19:      Part 2: Businesses

Wednesday, August 20:  AM: Part 3 continued  PM: Part III: Representation, Practices and Procedures

IRS CPE: up to 10 hours/Federal Tax (non EAs)
NASBA CPE: up to 24 hours/Taxes

Have you finally decided to buckle down and sit for the Enrolled Agent Exam?

Do you want to command higher fees and authorization to practice and represent your clients before the IRS?

Are you looking for the perfect staff training vehicle, the equivalent of tax boot camp that will get your new hires immediately up to speed on all facets of tax law? 

Then, we have the perfect course for you . . .

Pass the IRS Special Enrollment Exam the first time with NSA’s Enrolled Agent Exam Review Course in Baltimore this summer.

The 24-hour course is a comprehensive and intensive—and we mean intensive—review geared toward a single purpose: to help you master tax basics and pass the EA Exam. 

Detailed study notes will be provided for each topic, including figures and charts that prove the old adage that “. . . a picture is worth a thousand words.” 

Hundreds of past exam questions from the open-exam era and many more potential questions on newer topics are incorporated and each is reviewed in class so the real exam itself will look like an old friend.  Study tips, tricks and shortcuts are a staple of this course. 

Sign up and you’ll also receive:

  • The 3-Volume NSA Enrolled Agent Review Course in print in addition to the online and PDF versions
  • Detailed handouts, notes, examples, illustrations to follow the course step-by-step
  • 18 (6 per part) detailed study lessons and review questions to help you master each section of the materials
  • Proven exam taking tips, tricks and strategy guides with tips for passing each part of the exam
  • Top 150 questions per part—essential questions on topics that you will absolutely need to master
  • Interactive online review and practice questions with explanations and analysis
  • Final Review Cards—super summaries for each part of the exam—the perfect last-minute memory-jogger to review immediately before the exam
  • Weekly study guide with detailed assignments and time allocations
  • Comprehensive study aids that summarize the tax law related to a particular subject. These aids should prove valuable in last-minute reviews prior to the exam
  • Access to an online EA study community to post your questions and comments, respond to other commenters, and interact with the presenters. Bonus! Get access to even more sample questions and study tips
  • A complete sample EA exam to help you gauge your progress prior to taking the exam

Presented by John Everett, CPA, PhD and Bill Duncan, CPA, PhD

Course Level: Intermediate - No Prerequisites Required.

Full Course-All 3 Parts:
_____NSA Member Discount Rate: $595

_____Nonmember: $699

Part 1:

_____NSA Member Discount Rate: $215

_____Nonmember: $250

Part 2:

_____NSA Member Discount Rate: $329

_____Nonmember: $375

Part 3:

_____NSA Member Discount Rate: $115

_____Nonmember: $150

 

Part 2 Businesses Learning Objectives:

  • Distinguish accounting periods and methods for businesses, and apply special tax rules related to farm income, prepaid income, inventories, and bad debts
  • Identify asset classifications, recovery methods, and recovery periods under the MACRS system, and apply special rules related to bonus depreciation and Sec. 179 deductions
  • Recognize the key requirements and components of amortization and depletion deductions
  • Identify special deduction limits applicable to such business expenses as travel and entertainment, net operating losses, casualty losses, and business retirement plans
  • Recognize potential business credits, self-employment tax issues, and excise taxes
  • Calculate gain or loss on the sale or exchange of business properties, with special emphasis on Sec. 1231 transactions and depreciation recaptures
  • Identify tax and basis issues in forming a partnership and selecting the partnership tax year and accounting method
  • Calculate partnership ordinary income, specially allocated items, guaranteed payments, and allocate these items to partners
  • Describe the tax consequences of non-liquidating and liquidating distributions of partnership cash and property, as well as sales of a partnership interest
  • Identify the basic requirements of Sec. 351 controlled transfers to corporations, and calculate recognized gain and basis for such contributions
  • Recognize special issues related to the calculation of corporate capital gains and losses, charitable contributions, dividends received deductions, and alternative minimum tax
  • Understand Schedules M-1 and M-3, and reconcile book and taxable income for a corporation
  • Determine a corporation’s earnings and profits, and calculate the tax effects to the corporation and shareholders of liquidating and non-liquidating distributions
  • Describe the requirements for electing S Corporation status, and identify special taxes and possible issues related to terminating the S election
  • Calculate S corporation income and loss allocations to shareholders, distribution issues, and basis rules
  • Identify key issues related to filing a decedent’s final income tax return
  • Describe estate and trust income tax entities, and determine the taxable income of such entities and allocation of such income between the entity and the beneficiaries
  • Describe the requirements for tax-exempt status under the Code, and determine any filing requirements for such entities
  • Identify key issues and planning opportunities in advising the business taxpayer, with special emphasis on choice of business entity
Speakers

William Duncan, CPA, PhD

William A. Duncan, Ph.D., CPA, is an Associate Professor of Accounting at Arizona State University.  Dr. Duncan was formerly a Director with Ernst & Young where he guided tax education for the firm.  He is the author or co-author of three textbooks and has published a number of articles on a variety of tax topics in publications ranging from Taxes and The CPA Journal to the Journal of the American Taxation Association.  He has taught in the AICPA National Tax Education program... 
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John O. Everett, CPA, Ph.D

John O. Everett, CPA, Ph.D., is Professor of Accounting at Virginia Commonwealth University in Richmond, VA. John’s teaching specialty is federal taxation. | | He has authored or co-authored over 90 articles in academic and professional journals and is the coauthor of several textbooks, including CCH Practical Guide to Schedule M-3 Compliance, The HBJ Federal Tax Course, Income Tax Fundamentals, and Tax Planning With the Computer. John, Cherie Hennig, and Nancy Nichols recently... 
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Wednesday August 20, 2014 8:30am - 12:00pm 
Hyatt Regency Baltimore Inner Harbor

Location

Hyatt Regency Baltimore Inner Harbor
Baltimore, MD