Description:
Why does basis matter for a shareholder in an S Corporation? The ability of the shareholder to calculate deductions involving the corporation on a personal tax return is limited by the taxpayer’s basis in the corporation. This webinar discusses how to properly document S corporation basis in order to support losses and deductions claimed on shareholder’s individual returns.
Description:
Are you concerned about the changing landscape of IRS audits? In this webinar, Brady Lievens with Protection Plus, a Drake Software partner, will walk you through the current trends in audits, the short-term outlook for audits, and some long-term forecasting. He will also share some insights into the psychology of audits to best help you prepare for dealing with different types of clients.
We’ll also discuss some tools that are available to help you and your clients.
Description:
Cryptocurrency and cash businesses share some risks. How do you uncover unreported income? Learn about the different types of hidden transactions – as well as ways to help your clients accurately report their taxable income from these sources.