CPE Catalog & Events

AICPA's Enhancing Audit Quality initiative Recent revisions to Quality Management standards Feedback from peer reviews, including areas driving deficiencies in audit Elements of an effective risk assessment and how to link to audit procedures performed Understanding internal controls and making the decision whether or not to test them Best practices in documentation

Overview of Tangible Property Regulations Unit of Property Rules Repair vs. Capital Improvements Betterment, Restoration, and Adaptation Standards Safe Harbors and Elections Examination and Audit Risk Considerations

Module 1: Raising Capital: How to Execute the Leaders' Most Crucial Responsibility • Understanding the need o How much is needed, when, what will it be used for, etc.? • Keys to success: o Planning o Understand how the use, stage, amount, how and when - impacts the decision o Unintended consequences to avoid • Low cost is not necessarily a sound option. • What are the non-quantifiable factors that can change the financing decision? • Details on the time-intensive processes • Common blunders when raising financing o The perils of choosing the wrong alternative or wrong investor! Module 2: Accounting for People: Workforce Trends and Talent to Add Value • Trends in the modern workforce: demographics, generational shifts, remote work, and engagement • The true cost of talent: hiring, retention, and turnover • People as assets versus people as liabilities • The varied challenges in accounting for human capital • Metrics that matter: KPIs for employee performance and value • Integrating people costs into financial strategy • Navigating compliance, risk, and benefits Module 3: Rethinking Your Customers to Maximize Profitability: Identifying the Right Clients • Who is your customer? o How to segment your customers o Identifying and understanding your most valuable customers • What is solution-based planning for customer value? • Recognizing internal customers (e.g., departments served by finance) • Exploring profitability differences between customers with similar revenue • Creating and sustaining a customer value pyramid Module 4: Activate and Execute Your Strategy: Turn Planning into Results • The strategy-execution gap: common reasons why most strategic plans fail • Why should financial planning lead strategy? • Evaluating the lifespan and relevance of your strategic plan • Building your strategy to include risk management • Building an adaptive, finance-focused strategic approach • What we should learn from the rise and fall of major companies • How to align financial metrics with strategy

• Marginal tax rates effective in 2025 and beyond • The QBI deduction • Qualified residential interest • Child Care Credit • Miscellaneous itemized deductions, including the educator deduction • Rollovers from 529 plans to ABLE accounts • Additional expenses treated as qualified higher education expenses for purposes of 529 accounts • Termination of credits for environmentally clean autos and expenditures • Other timely topics

• Extension and enhancement of reduced rates and the standard deduction • The temporary senior deduction • Extension and enhancement of increased Child Tax Credit • Extension and enhancement of increased estate and gift tax exemption amounts • Contributions to ABLE accounts and benefitting from the Saver's Credit • Increased SALT deduction • Deduction for car loan interest • Using Trump Accounts • Extension and enhancement of paid family and medical leave credit • Enhancement of Adoption Credit, the dependent care assistance program and the child and dependent care tax credit • Tax credit for contributions of individuals to scholarship granting organizations • Additional expenses treated as qualified higher education expenses for purposes of 529 accounts • Individual charitable contributions • Health savings account related tax changes

Overview of Federal Loss Limitation Framework Order and Coordination of Loss Limitation Rules Excess Business Loss Rules Under IRC §461(l) Basis and At-Risk Limitations Passive Activity Loss (PAL) Rules Loss Carryforwards and Release Events Compliance and Reporting Considerations

• Tax treatment of partnership distributions to partners of cash and property other than cash • Basis of property received in a partnership distribution • Executive Order 14219 withdrawing the IRS's new regulations regarding basis shifting • Organization and structure of the new Form 7217 • Who must file Form 7203 • Determining the S corporation shareholder's initial basis in his or her stock • Basis limitations on partnership losses and deductions • Organization and structure of Form 7203 — understanding the three parts of Form 7203 • Filing criteria for Form 7203 • Calculating an S corporation shareholder's share of S corporation deductions and credits • Understanding stock and debt basis

• Timely coverage of breaking tax legislation • Comprehensive coverage of key provisions enacted under The One Big Beautiful Bill Act (OBBBA) • Changes to the lifetime estate tax exemption in light of proposed regulations • Considerations when selling a principal residence • Tax benefits of HSAs • An overview of the mechanics and practical considerations of Donor Advised Funds • Virtual currency and digital assets - understand the new Form 1099-DA for reporting digital asset transactions • An update on income tax and estate-planning ideas, including any recent changes • Tax ideas for the current year • Miscellaneous tax-planning techniques that can add up to significant tax savings • How to use the whole family for tax savings • Up-to-the-minute ideas reflecting new tax law changes in cases, regulations, and rulings

• Overview of virtual currency • Property transactions with virtual currency • Receiving virtual currency as payment • Paying using virtual currency • Charitable donations with virtual currency • Gifting of virtual currency • Form 8300 reporting

Comprehensive coverage of individual provisions of the One Big Beautiful Bill Act, including but not limited to: TCJA provisions made permanent, including lower marginal tax rates, expanded standard deduction, and the increased child tax credit New Tip Income Deduction of up to $25,000 for individuals in customarily tipped ocupations, including updated final regulations (TD 10044) New Overtime Pay Deduction of up to $12,500 ($25,000 MFJ) for FLSA-eligible employees on qualifying overtime pay New Car Loan Interest Deduction of up to $10,000 annually for interest on qualifying new U.S. assembled vehicle loans New Temporary Senior Deduction of $6,000 for taxpayers aged 65 and older Expanded SALT Cap of up to $40,000 through tax year 2029 Trump Accounts, a new savings vehicle for minors, including contribution rules, basis tracking, and the pilot program Comprehensive coverage of business provisions of the One Big Beautiful Bill Act, including but not limited to: 100% Bonus Depreciation made permanent, including new Qualified Production Property (QPP) provisions Increased §179 deduction Changes to §174 R&E Expenditures, including restoration of immediate expenses Changes to §163(j) and new election withdrawal opportunities under Rev. Proc. 2026-17 Form 1099/1099-K changes and increased reporting thresholds Qualified Small Busines Stock Exclusion changes Digital Assets & Tax Implications - understand the tax treatment of various digital assets, updated guidance on basis tracking and cost identification methods, as well as the phased rollout of Form 1099-DA for broker reporting Real Estate professional status requirements Review of pertinent recent cases and rulings affecting taxpayers Practice aids, including all the numbers applicable for the current year Advanced practice, reporting, and other issues intertwined with advanced planning and discussion ideas

Real-life misappropriations involving federal awards and how they were carried out The backgrounds, motivations, and methodologies of the fraudsters The problems that allowed the frauds to occur without prevention or detection

• Recently issued but newly implemented Accounting Standards Updates (ASUs), the PCC Update, and items on the FASB's Technical Agenda • New ASUs covering disaggregated expenses, crypto assets (e.g., cryptocurrency), and business combinations • Results and findings of the FASB's Final (Stage 3) Post-Implementation Review (PIR) Report on Topic 606 • Recently issued SASs and other AICPA activity through SAS No. 149 • Detailed review of the three new Statement on Quality Management Standards (SQMS 1, SQMS 2, and SQMS 3) • Other important A&A practice matters

• Financial statement disclosures for small and medium-sized businesses • Balance sheet, income statement, and statement of cash flows presentation and disclosure issues • Disclosure examples from all-sized entities that you can use to base your disclosures on • Developing disclosure issues, including disclosures related to the adoption of ASC 606 and ASC 842

• Discussion of key individual provisions of the One Big Beautiful Bill Act, such as TCJA provisions made permanent, new tip income deduction, new overtime pay deduction, Trump accounts, and the expanded SALT cap • Comprehensive coverage of business provisions of the One Big Beautiful Bill Act, including but not limited to: -- Bonus Depreciation made permanent -- Increased §179 deduction -- Changes to §174 R&E Expenditures -- Changes to §163(j) -- Form 1099/1099-K changes -- Qualified Small Business Stock Exclusion -- Excess Business Loss Limitation • Section 1244 Small Business Stock and Section 1202 Qualified Small Business Stock treatment and applicability • Guidance on the impact of recent legislation on S corporations and partnership entities • A review of the key cases, rulings, and tax law changes affecting S corporations, partnerships, limited liability companies, and limited liability partnerships

Discussion of key individual provisions of the One Big Beautiful Bill Act, such as TCJA provisions made permanent, new tip income deduction, new overtime pay deduction, Trump accounts, and the expanded SALT cap Comprehensive coverage of business provisions of the One Big Beautiful Bill Act, including but not limited to: 100% Bonus Depreciation made permanent, including new Qualified Production Property (QPP) provisions Increased §179 deduction Changes to §174 R&E Expenditures, including restoration of immediate expenses Changes to §163(j) and new election withdrawal opportunities under Rev. Proc. 2026-17 Form 1099/1099-K changes and increased reporting thresholds Qualified Small Business Stock Exclusion changes Excess Business Loss Limitation  Section 1244 Small Business Stock and Section 1202 Qualified Small Business Stock treatment and applicability Passthrough compensation planning, including: The reasonable compensation requirement for S corporation owner-employees The legal framework, case law landscape, and IRS enforcement priorities Guaranteed payments, SE tax planning, and the OBBBA's new compensation interactions Principles and considerations for nonresident withholding, composite payments, and passthrough entity taxes, including the OBBBA's impacts on the SALT cap and PTET elections The tax accounting method change framework - what constitutes a method of accounting, the Form 3115 filing process, §481(a) adjustment mechanics, and the critical differences between voluntary, IRS-initiated, and unauthorized changes  Timely coverage of breaking tax legislation Selected Practice and Reporting Issues: What's new? A review of recent cases and tax law changes and IRS guidance affecting S corporations, partnerships, limited liability companies, and limited liability partnerships Decentralized Autonomous Organizations (DAOs)

• Criteria that the IRS uses to select returns for examination • Substantiation requirements for travel, charitable contributions, vehicles, meals, virtual currency considerations, and tax-related identity theft • Understanding worker classification determinations on who is an employee and who is an independent contractor • Distinguishing S corporation officer's reasonable compensation issues • How the IRS holds persons other than an employer liable for unpaid payroll taxes, a.k.a., the trust fund recovery penalty • Tax-related identity theft procedures

• Comprehensive coverage of the One Big Beautiful Bill Act • Retirement benefits: What the amount of benefits is in various circumstances • Spousal benefits: Should a spouse return to work? What benefits does a spouse have, and when and how do they relate to benefits decisions by the client? • Claiming Social Security: Advantages and disadvantages at ages 62, full retirement age, and 70 • Planning: What clients approaching retirement age should consider now with respect to benefits for them, their spouses, and their children • Coordinating benefits: Should you take Social Security first and higher-balance IRA distributions later, or take IRA balances first and enhanced Social Security benefits later?