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Tax Update Seminars

This comprehensive federal Tax Update will cover all new tax legislation, including a comprehensive review of the changes made by the Further Consolidated Appropriations Act, the CARES Act, and the PPP Flexibility Act, as well as guidance issued for the Tax Cuts and Jobs Act; and other new regulations, cases, and rulings in all areas of federal taxation through October 15, 2020.

The AES Tax Update is well known as a comprehensive, detailed update on not only new tax legislation, but also recent court cases whose outcomes impact your tax practice. The instructors are experienced CPAs and tax attorneys who consistently receive high marks as seminar leaders. You will be able to download PDFs containing the slides that the instructor will use as well as a substantial 14-chapter manual. It is a valuable reference that you will use often during busy season. 

This year the AES Tax Update seminar will be available to attend ONLINE ONLY, due to COVID-19. Your favorite instructors will teach alone in our Denver classrooms and be broadcast live online, on multiple dates with various starting times to accommodate participants from all U.S. time zones. (Please see the instructor and time grid below.)


For details on how AES Internet courses work, please see the Internet Courses page. You can type in questions that the instructor will answer during the seminar, but only the instructor is seen or heard online.

The AES Tax Update seminar counts toward continuing education requirements for CPAs, and for enrolled agents and tax return preparers as 1 hour Federal tax ethics and 7 hours Federal tax update. Some states have state-specific content requirements that will not be covered in this course.

 Course level: Update

 Prior knowledge required:
 Working knowledge of federal income taxation

 CFP Program ID:  276258 (8 hours)

 CTEC Program ID:  1066-CE-1189 (1 hour ethics, 7 hours federal tax update)

Price:

  • $215 per person if purchasing less than 3 full days (24 hours) at the same time
  • $195 per person if purchasing 3 or more days (24 hours) at the same time
  • $650 Bundle of all 4 Nuts & Bolts Workshops and the Year 2020 Tax Update Seminar (for one person)
  • $700 Pass for unlimited Internet Courses through February 12, 2021 (for one person)
Arrow Scroll down to see the grid of which instructors are teaching on which dates and times.


Learning Objectives

After completing this course the participant will be able to:

  • Describe the changes to distributions from qualified plans and IRAs made by the SECURE Act.
  • Explain new developments that affect S corporations, LLCs, and tax partnerships, including the use of tax basis capital accounts, treatment of excess business interest expense on Schedule K-1, Line 13(k), and treatment of state income taxes paid by the RPE and using Rev. Proc. 84-35.
  • Describe the changes to the Kiddie Tax rules and Form 8615 and Form 8814.
  • Summarize the most recent tax accounting provisions, including guidance issued on the use of the cash method and whether an LLC falls within the definition of a tax shelter.
  • Describe the latest changes affecting passive activity losses, including the rules that apply to real estate professionals and AIRBNBs.
  • Discuss the newly issued final regulations on the deductibility of entertainment expenses, business meals, travel meals, entertainment meals, the definition of an entertainment activity, and the proposed regulations on qualified transportation fringe benefits.
  • Explain planning ideas for maximizing the 20% deduction for qualified business income from a qualified trade or business and a specified service business, as well as changes to the 2020 draft instructions to Form 8995 and Form 8995-A.
  • Describe the latest developments on depreciation; final and proposed regulations on bonus depreciation, §179 deduction, qualified improvement property (QIP), and using Rev. Proc. 2020-25 and Rev. Proc. 2020-50 and other options which are available for QIP placed in service in 2018 and 2019 since QIP now has a recovery period of 15 years.
  • Discuss the current status of the return preparer rules, e-filing requirements, and the new FEES for renewing PTINs.
  • Describe the latest developments in IRS procedures and practices, including Circular 230, including the statute of limitations for e-filed returns.
  • Discuss the final regulations on excess deductions in the year of termination for estates and trusts – how much is deductible in arriving at AGI and how much is deductible on Schedule A as not subject to 2% AGI.
  • Discuss recent developments in employment and self-employment tax, including CCA 202009024 which deals with the interaction of the passive loss rules and self-employment tax.
  • Discuss the recent proposed regulations on like-kind exchanges in defining real property and the final regulations on the business interest expense deduction of §163(j) and Form 8990.
  • Describe the changes made to the deductibility of premium payments to a HCSM (Health Care Sharing Ministry).
  • Describe the proposed changes to the 2020 Forms 1040, 1120, 1120S, 1065, and 1041.
  • Discuss the latest SBA guidance on forgiveness of Paycheck Protection Program loans of $50,000 or less and the last day to apply for forgiveness.

AES Year 2020 Tax Update Seminar ONLINE: Instructor and Time Grid

  • All seminar dates taught by a particular instructor are listed horizontally in the row containing the instructor's picture.
  • Seminars that start at the same time are listed vertically in a column, and the header tells you what time the seminar will start and end in various time zones.
  • To register, log in to your account on this website and click on the seminar date below to go to the registration page for that seminar.
Instructor Seminar Time
7:30 a.m.-3:00 p.m. Mountain
which is
9:30 a.m.-5:00 p.m. Eastern
8:30 a.m.-4:00 p.m. Central
6:30 a.m.-3:00 p.m. Pacific
Dates are below
Seminar Time
8:30 a.m.-4:00 p.m. Mountain
which is
10:30 a.m.-6:00 p.m. Eastern
9:30 a.m.-5:00 p.m. Central
7:30 a.m.-3:00 p.m. Pacific
Dates are below
Seminar Time
9:30 a.m.-5:00 p.m. Mountain
which is
10:30 a.m.-6:00 p.m. Central
8:30 a.m.-4:00 p.m. Pacific
7:30 a.m.-3:00 p.m. Alaska
Dates are below
Seminar Time
10:30 a.m.-6:00 p.m. Mountain
which is
9:30 a.m.-5:00 p.m. Pacific
8:30 a.m.-4:00 p.m. Alaska
7:30 a.m.-3:00 p.m. Hawaii
Dates are below
Mark A. Vogel Mark Vogel #142 Thurs, November 12, 2020
#143 Mon, November 16, 2020
#821 Mon, November 23, 2020
#822 Mon, November 30, 2020
#813 Thurs, December 17, 2020
#824 Mon, December 21, 2020
#815 Tues, December 22, 2020
#825 Mon, December 28, 2020
#817 Tues, January 19, 2021
#828 Mon, February 8, 2021
#140 Mon, November 9, 2020
#811 Tues, November 17, 2020
#829 Sat, December 12, 2020
#812 Wed, December 16, 2020
#830 Sat, December 19, 2020
#187 Fri, January 8, 2021
#818 Thurs, January 21, 2021
#820 Wed, February 10, 2021
#141 Tues, November 10, 2020
#823 Tues, December 1, 2020
#176 Mon, December 14, 2020
#814 Fri, December 18, 2020
#816 Tues, December 29, 2020
#819 Fri, January 22, 2021
#826 Tues, February 9, 2021
#191 Fri, January 15, 2021
#827 Thurs, February 11, 2021
  7:30 a.m.-3:00 p.m. Mountain 8:30 a.m.-4:00 p.m. Mountain 9:30 a.m.-5:00 p.m. Mountain 10:30 a.m.-6:00 p.m. Mountain
Isaac Lodico Isaac Lodico #171 Mon, December 7, 2020
#172 Tues, December 8, 2020
#175 Mon, December 14, 2020
#177 Tues, December 15, 2020
#185 Thurs, January 7, 2021
#190 Fri, January 15, 2021
#194 Fri, January 22, 2021
#181 Mon, December 21, 2020
#182 Mon, December 28, 2020
 
  7:30 a.m.-3:00 p.m. Mountain 8:30 a.m.-4:00 p.m. Mountain 9:30 a.m.-5:00 p.m. Mountain 10:30 a.m.-6:00 p.m. Mountain
Mark Merric Mark Merric #195 Wed, December 9, 2020
#188 Tues, January 12, 2021
#189 Thurs, January 14, 2021
#173 Thurs, December 10, 2020
#179 Thurs, December 17, 2020
   
  7:30 a.m.-3:00 p.m. Mountain 8:30 a.m.-4:00 p.m. Mountain 9:30 a.m.-5:00 p.m. Mountain 10:30 a.m.-6:00 p.m. Mountain
Claire O'Neal Claire O'Neal #144 Wed, November 18, 2020
#174 Fri, December 11, 2020
#192 Mon, January 18, 2021
#193 Wed, January 20, 2021
#180 Fri, December 18, 2020 #178 Tues, December 15, 2020
#183 Wed, January 6, 2021
 
  7:30 a.m.-3:00 p.m. Mountain 8:30 a.m.-4:00 p.m. Mountain 9:30 a.m.-5:00 p.m. Mountain 10:30 a.m.-6:00 p.m. Mountain
Mick Walker Mick Walker #145 Thurs, November 19, 2020
#148 Tues, November 24, 2020
#149 Thurs, December 3, 2020
#170 Fri, December 4, 2020
#184 Thurs, January 7, 2021
#186 Fri, January 8, 2021
#147 Mon, November 23, 2020 #146 Fri, November 20, 2020  

Attend an AES seminar and see why our participants say,

“The real-life cases and decisions were extremely insightful.”

“Great! Well balanced program and I learned techniques I will use in my practice.”

“It was fascinating!”

“The material covered is applicable to a wide range of clients.”

“This is the best class I have taken in 30 years of practice!”

 

Upcoming Internet Courses

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Contact Us

Accountant's Education Services
4380 S Syracuse St Ste 110
Denver, Colorado 80237
720-389-5900 · Fax 720-708-3246
info@aestax.com

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