Cares Act Comprehensive Update (COVID-19)

Course Details

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Course Description

This seminar will provide a tax update on the Coronavirus Aid, Relief and Economic Security (CARES) Act signed into law on March 27, 2020 in response to the Covid – 19 pandemic. The session will discuss tax relief to Individuals, Businesses and Estates and Gifts. Tax Practice Procedural modifications will be reviewed. Among the tax issues discussed are the following:

Individual Taxpayer Relief :
  • Taxpayer Filing Deadlines
  • Tax Credits Allowed for 2020
  • Waiver of Required Minimum Distributions for 2020
  • Eligible Rollover Distributions and Penalty Relief
  • Temporary Limit on Plan Loans
  • Excluded Education Payments Paid by Employers
  • Expansion of Definition of Qualified Medical Expenses
  • Chargeable Contribution Deductions in 2020
  • Modification of Excess Business Loss
Business Relief 
  • Technical Correction Regarding Bonus Depreciation on Qualified Improvement Property
  • Corporate Charitable Deductions Relief
  • Paid Sick leave Credit
  • Employee Retention Credit
  • Delay of Payment of Payroll Taxes
  • Revised Form 941
  • Interest Expense Deductibility
  • Corporate Minimum Tax Acceleration
  • Temporary Repeal of Taxable Income on NOLs
Paycheck Protection Program (PPP)
  • Accounting for Funds
  • Likeliness of continuation
  • Forgiveness of Debt: Tax and nontax issues
  • Required Documentation will  for Forgiveness
  • EIDL Lending
  • Current Controversy on deduction of expenses associated with PPP funds
The session will also discuss tax relief for Estates and Gifts matters associated with Covid – 19.

Webinar Qualifies for

  • 2 CPE credit of Taxes for all CPAs
  • 2 CE credit of Federal Tax for Maryland Tax Preparers
  • 2 CE credit of Federal Tax Law Update for CRTPs (CTEC Approved-6273)
  • 2 CE credit of Federal Tax Update for Enrolled Agents ( IRS Approved : GEHNZ )
  • 2 CE credit of Federal Tax Update for Oregon Tax Preparers
  • 2 General Educational credit for Tax Professionals/Bookkeepers/Accountants

Learning objectives

  • To identify the Tax Filing Deadlines for individuals, businesses, estates, trusts and gifting.
  • To recognize the Tax changes impacting individuals for 2019 and 2020.
  • To recognize the Tax Changes Impacting businesses, partnerships, LLCs for 2019 and 2020.
  • To recognize the new tax credits impacting payroll and revised payroll reporting requirements for 2020.
  • To identify the updates to the SBA lending programs, including PPP as well as required documentation for forgiveness of debt.

About Presenter

Blaise Bender

President, Blaise C. Bender, PC

bcbpc@earthlink.net

Blaise C. Bender is President and Managing Shareholder of Blaise C. Bender, PC a law firm that concentrates on business and non-profit development, mergers and acquisitions, contractual and transactional analysis, tax planning for individuals and businesses, representation on tax issues and controversies impacting individuals and businesses, corporate legal counsel assistance, real estate, strategic planning, health care analysis and estate and trust assessment.  

Formerly a full-time college professor for over twenty years. He received his B.B.A in Accounting Degree and a Master’s of Science in Finance from Texas A& M University. He also received an MPA in Taxation from UTSA and his Juris Doctor in Law from St. Mary’s University. He is presently a faculty member at Trinity University teaching Professional Ethics in their Masters of Accounting program.

Blaise is a member of the State Bar of Texas, and is a licensed CPA. He possesses over six years of experience in public accounting working for Arthur Andersen & Co., Deloitte Touche, and Ernest and Young.  Blaise also served as a CFO and Controller in the private sector. He also served as a CEO for Servco, Inc. an international firm associated with the oil and gas industry.

Blaise currently serves as a Board Member of Credit Human, FCU and chairs its Budget and Finance Committee. He is a member of the Texas Society of CPAs and serves on the TSCPA Professional Ethics Committee, Federal Tax Policy Committee, Legislative Advisory Committee, and the CPE Advisory Committee. In 2019, Blaise was named to the Board of Directors of USIO, Inc. (a publically traded company) and is chair of the Audit Committee.

Blaise has conducted over 975 seminars and workshops throughout Texas and the United States and has numerous publications in tax and accounting. His seminars include an Annual  Federal Tax Updates, Individual Tax Updates. Business Tax Updates, Qualified Business Income Deduction Issues, Opportunity Zone Matters, Hobby Loss Issues and Succession Planning for Small Accounting Firms to name a few. He has received numerous awards for his service in education and continuing education including the TSCPA Meritorious Service to the Public Accounting Profession Award in 2015– 16 and the Fellow Award in 2019 from the San Antonio Chapter of CPAs.

Blaise C. Bender, PC is a law firm that concentrates on various tax matters impacting individuals, businesses, partnerships, LLCs, non-profits. The firm's work in taxation includes tax preparation, tax planning, estate planning, business development and succession planning. The firm also engages in consultation regarding mergers and acquisitions, contractual and transactional analysis, representation of clients on tax issues and controversies impacting individuals and businesses, corporate counsel assistance, real estate and strategic planning.  The firm represents corporations in real estate, manufacturing, farm and ranch, healthcare, entertainment, restaurant industry, veterinary care, construction, securities, insurance and transportation.

FAQ

  • To receive CPE credit for the event, you must register for the webcast prior to the start of each program.
  • CPE is available to all eligible participants within 24 hours of each webinar.
  • You must attend complete webinar and respond to all polling questions asked during the webinar. CPE is issued on 50 minute credit hour basis.
  • This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during/after the webinar.
  • If you are Canadian Chartered Professional Accountant (CPA) many of our courses qualifies for your verifiable CPD requirements you will get your certificate for the program. You can check a tab of “Webinar Qualifies for” for the same.However please do verify with respective regulatory body about the eligibility for the same.
  • Many of our courses are approved by “CFP Board” for CE credits of certified financial Planner(CFP). Please check a tab of “Webinar Qualifies for” to verify whether webinar qualifies for CE credits for CFP or not.

Refund/Cancellation Policy

For more information regarding refund, complaint and program cancellation policies, please contact our offices at 646-688-5128

In case any of the course or live webinars gets cancelled we would be refunding you the entire amount (if paid).

Reviews

4.4
(12)
58%
33%
0%
8%
0%
  • JF
    JEFFREY FRIEDMAN , CPA
    Jun 16th 2020
    Very informative. Great presenter. It made it more engaging. His enthusiasm was seen and felt. That made the facts more memorable and examples made it applicable to real life. Excellent!
MLK
Mary Lew Kehm , CPA, AFSP
The presenter did a wonderful job of showing how to use various tax laws to maximize tax savings. The handouts are great resources. This presentation helped to make the confusion of multiple tax laws easier to coordinate to benefit taxpayers.
MB
Marcia Bliss , CPA
An extremely knowledgeable presenter provided valuable insights on various methods of depreciation covering the Path and Cares tax acts.
CG
Charlene Gilmore , EA
Excellent presentation: well-organized with up-to-date relevant depreciation options and tax planning ideas!
RP
Robert Peters , EA
I had trouble answering two of the polling questions as well as having the audio issues. But the topic was interesting and the presenter seemed to be knowledgeable about the subject. I am looking forward to either register again for a new session or watch it over though the online webinar archive.
TS
Tammy Schneider , CPA
This was a very informative presentation and I will do more research into the subject since so many changes have occurred.

NASBA Approved

MY-CPE LLC, 1600 Highway 6 South, Suite 250, Sugar Land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.

IRS Approved

MY-CPE LLC, 1600 Highway 6 South, Suite 250, Sugar Land, TX, 77478

MY-CPE LLC (Sponsor Id#: GEHNZ) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary

CTEC Approved

MY-CPE LLC, 1600 Highway 6 South, Suite 250, Sugar Land, TX, 77478

MY-CPE LLC (Sponsor ID# : 6273) has been approved by the California Tax Education Council to offer continuing education courses that count as credit towards the annual “continuing education” requirement imposed by the State of California for CTEC Registered Tax Preparers. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, toll-free by phone at (877) 850-2832, or on the Internet at www.ctec.org.

upcoming Live CPE Webinars

IRS COLLECTION REPRESENTATION IN THE WAKE OF COVID-19
Thursday, August 06, 2020 | 10:00 AM EDT View Details/Register
Building a Framework for Regulatory Ethics
Thursday, August 06, 2020 | 10:30 AM EDT View Details/Register
Passive Loss Issues with Schedule K-1s
Thursday, August 06, 2020 | 11:00 AM EDT View Details/Register
S-Corp Preparation, Basis Calculations & Distributions – Form 1120S Schedule K & K-1 Analysis
Thursday, August 06, 2020 | 11:00 AM EDT View Details/Register
Top 10 Things All CPAs Need to Know About IRS Representation
Thursday, August 06, 2020 | 11:30 AM EDT View Details/Register
INTRO TO ACCOUNTINGSUITE™ & MULTI-CHANNEL INVENTORY
Thursday, August 06, 2020 | 12:00 PM EDT View Details/Register
Effective Leadership – Finding Common Ground Despite Differing Points of View
Thursday, August 06, 2020 | 12:00 PM EDT View Details/Register
Excel Tips & Tricks: For every Accountant, CPA, Bookkeeper, Tax Professional, Auditor & Controller
Thursday, August 06, 2020 | 01:00 PM EDT View Details/Register
Advanced 1031 Exchange and Delaware Statutory Trusts: Tax Savings to Wealth Creation
Thursday, August 06, 2020 | 01:00 PM EDT View Details/Register
Data Analysis 101 - Getting to the heart of performance data
Thursday, August 06, 2020 | 01:30 PM EDT View Details/Register
Individual Tax Update 2020
Thursday, August 06, 2020 | 03:00 PM EDT View Details/Register
BASIS CALCULATIONS & DISTRIBUTIONS FOR PASS-THRU ENTITY OWNERS SCHEDULE K-1 ANALYSIS (LATEST)
Friday, August 07, 2020 | 09:00 AM EDT View Details/Register
Practical QB Training - Year End Closing, Analysis, Being Tax/Audit Ready
Friday, August 07, 2020 | 09:00 AM EDT View Details/Register
FASB ASC 606 : TIPS ON ACCOUNTING & AUDITING FOR REVENUE RECOGNITION
Friday, August 07, 2020 | 09:00 AM EDT View Details/Register
Accountant prepared a return and it is under Criminal Investigation by the IRS, Now What?
Friday, August 07, 2020 | 09:00 AM EDT View Details/Register
  • Cost $20
  • CPE Credits 2
  • CE Credits 2
  • IRS Course ID GEHNZ-U-00157-20-O
  • CTEC Course ID 6273-CE-0169
  • Subject Area Taxes
  • Course Level Basic
  • Instructional Method group internet based
  • Prerequisites None
  • Advanced Preparation None
  • Who should attend? Enrolled Agent Tax Practitioners Accountant CPA - Small Firm CPA - Mid Size Firm CPA - Large Firm Accounting Firm Tax Pros CPA (Industry) Tax Firm Young CPA CPA in Business Tax Accountant (Industry) Tax Director (Industry) Accounting Practice Owners Senior Accountant Chief Accounting Officer Entrepreneurial Accountant Tax Managers Accounting Managers Tax Preparer Staff of Accounting Firm
  • Handout Material Download

upcoming Live CPE Webinars

IRS COLLECTION REPRESENTATION IN THE WAKE OF COVID-19
Thursday, August 06, 2020 | 10:00 AM EDT View Details/Register
Building a Framework for Regulatory Ethics
Thursday, August 06, 2020 | 10:30 AM EDT View Details/Register
Passive Loss Issues with Schedule K-1s
Thursday, August 06, 2020 | 11:00 AM EDT View Details/Register
S-Corp Preparation, Basis Calculations & Distributions – Form 1120S Schedule K & K-1 Analysis
Thursday, August 06, 2020 | 11:00 AM EDT View Details/Register
Top 10 Things All CPAs Need to Know About IRS Representation
Thursday, August 06, 2020 | 11:30 AM EDT View Details/Register
INTRO TO ACCOUNTINGSUITE™ & MULTI-CHANNEL INVENTORY
Thursday, August 06, 2020 | 12:00 PM EDT View Details/Register
Effective Leadership – Finding Common Ground Despite Differing Points of View
Thursday, August 06, 2020 | 12:00 PM EDT View Details/Register
Excel Tips & Tricks: For every Accountant, CPA, Bookkeeper, Tax Professional, Auditor & Controller
Thursday, August 06, 2020 | 01:00 PM EDT View Details/Register
Advanced 1031 Exchange and Delaware Statutory Trusts: Tax Savings to Wealth Creation
Thursday, August 06, 2020 | 01:00 PM EDT View Details/Register
Data Analysis 101 - Getting to the heart of performance data
Thursday, August 06, 2020 | 01:30 PM EDT View Details/Register
Individual Tax Update 2020
Thursday, August 06, 2020 | 03:00 PM EDT View Details/Register
BASIS CALCULATIONS & DISTRIBUTIONS FOR PASS-THRU ENTITY OWNERS SCHEDULE K-1 ANALYSIS (LATEST)
Friday, August 07, 2020 | 09:00 AM EDT View Details/Register
Practical QB Training - Year End Closing, Analysis, Being Tax/Audit Ready
Friday, August 07, 2020 | 09:00 AM EDT View Details/Register
FASB ASC 606 : TIPS ON ACCOUNTING & AUDITING FOR REVENUE RECOGNITION
Friday, August 07, 2020 | 09:00 AM EDT View Details/Register
Accountant prepared a return and it is under Criminal Investigation by the IRS, Now What?
Friday, August 07, 2020 | 09:00 AM EDT View Details/Register