Small Business Adviser Program

Instructors: Regina Brown, CPA; David Peters; Mr. Hesse

Format

Course - Online

Level

Intermediate

Duration

14h 30m

This program covers relevant topics such as cash flow, estate planning techniques and recent tax provisions most beneficial in the current environment. It provides detailed discussion of the CARES Act and financial relief available under the Paycheck Protection Program, as well as receipt and calculation of the R&D credit and the optimal way to utilize the updated Net Operation Loss (NOL) provisions.

Learning outcomes

Analyze important entity considerations in the current environment.
Identify tax planning opportunities based on the selected entity.
Analyze reasonable compensation rules for C corporations and S corporations.
Apply succession planning techniques.
Identify certain tax provisions that may be used to generate quick cash.
Calculate the benefit a client could expect to receive from applying R&D credit provisions.
Determine recent developments related to PPP loans.
Identify the key components of the CARES Act.

£485.00 (CIMA members only)

£539.00

VAT calculated on checkout

Product information

Overview

Be the expert that small businesses need

Earn a badge when you complete both parts of this program.

This program covers relevant topics such as entity and business owner planning considerations, cash flow and estate planning techniques, and recent tax provisions most beneficial in the current environment.

It also discusses applicable legislation, government programs, IRS guidance, including credits, deductions, and limitations to support small business clients during this time.

This course dives deeply into payroll continuity and the Paycheck Protection Program (PPP), select tax provisions of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, and state tax considerations.

The content is designed to assist current CPAs who are working with small- to mid-tier business clients in making themselves invaluable beyond tax and accounting related matters. This will then help them become overall business advisers to their clients in these challenging times.

Through this program, you will gain invaluable knowledge to create a well-rounded understanding of most major client concerns and propel you to become an overall business adviser for your clients.

Along with a general discussion of important topics, this course is littered with signposts that will point you in the direction of further research and ultimately make you even more valuable to both new and existing clients.

Key Topics:

Paycheck Protection Program
Selected Tax Provisions of the CARES Act
R&D Credits
Evolving Workplace
State and Local Considerations

Who should take this course?

CPAs in private practice
Tax professionals
Other qualified professionals
Sole practitioners
Small business owners

Professional development

This Course - Online offers 14.5 hours of CPE credit.
Note on CPE Requirements and Credits
All learning resources available in the CGMA Store qualify for CPD for CIMA members.

Prerequisites:	None
Programme level:	Intermediate
Duration:	14h 30m
Format:	Course - Online
Access:	This is a digital product. You will have access to the content for a year after purchase date.

Return and refund policy

£485.00 (CIMA members only)

£539.00

VAT calculated on checkout

Instructors

Regina Brown, CPA
Regina Brown, CPA, has more than 25 years of experience providing tax planning and compliance services. Her specializations include real estate and international tax transactions as well as estate and trust planning and compliance.

Regina is a member of both the American Institute of Certified Public Accountants (AICPA) and the California Society of CPAs (CalCPA). She has served as a returning speaker for the California Society of CPAs and currently owns her own practice in Los Angeles, California.
David Peters
David Peters is the Founder and Owner of Peters Tax Preparation & Consulting in Richmond, VA. He has over fifteen years of experience in financial services, including 3 years in the hedge fund industry and six years in the insurance industry. He is a national CPE Instructor and Discussion Leader for the AICPA, Kaplan, and Surgent, and was a recipient of Surgent’s 2019 Outstanding Discussion Leader award. He regularly teaches courses in accounting, finance, insurance, and ethics throughout the United States.
Mr. Hesse
Mr. Hesse is a principal in the National Tax Office of CliftonLarsonAllen LLP (CLA) focusing on domestic federal income tax issues. He has 40 years of tax experience in public accounting and more than 35 years of speaking and training experience. His career includes extensive writing, analysis services, and testifying before Congressional and legislative committees on tax policy matters. Mr. Hesse currently serves as the chair of the AICPA Tax Executive Committee and a member of AICPA National Tax Conference planning committee. Chris is an author and instructor of CLA’s Tax Advisors Update, an annual compilation of court cases, rulings, and other authorities created by practitioners for practitioners.

Accessibility

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The Association is committed to making professional learning accessible to all product users. This commitment is maintained in accordance with applicable law. For additional information, please refer to the Association's Website Accessibility Policy. As part of this commitment, this product is closed-captioned. For additional accommodation requests please contact adaaccessibility@aicpa-cima.com and indicate the product that you are interested in (title, etc.) and the requested accommodation(s): Audio/Visual/Other. A member of our team will be in contact with you promptly to make sure we meet your needs appropriately.