Form 4684 – Casualty and Theft Losses 1 Credit
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Form 4684, titled "Casualties and Thefts," is a crucial document for taxpayers who have experienced losses due to unforeseen events such as accidents, natural disasters, or thefts.
Understanding how to navigate and properly fill out this form is essential for individuals seeking to claim deductions for their losses. Let's delve into the key aspects of Form 4684 and how taxpayers can utilize it to report their casualty and theft losses accurately.
This CE Tax course provides a thorough examination of the rules and regulations surrounding casualty and theft losses, equipping participants with essential knowledge for navigating tax deductions effectively. Participants will delve into the intricacies of federal casualty losses, disaster losses, and qualified disaster losses, understanding their eligibility criteria and deductibility. With a focus on practical application, this course explores insurance coverage implications, non-deductible losses, and strategies for deferring gains from reimbursements.
Key topics covered in this course include:
Join us to enhance your expertise in casualty and theft loss deductions, ensuring compliance with IRS regulations while maximizing tax benefits. Unlock valuable insights and strategies to optimize tax planning and minimize financial risks.
Valid upto : Dec 31, 2024
Valid upto : Dec 31, 2024
Credits
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Pre-requisites
Advance Preparation
MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478
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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.
Nicholas has worked with the Internal Revenue Service as a Revenue Agent and an Attorney with the IRS Office of Professional Responsibility. Nicholas has authored publications for the AICPA’s Journal of Accountancy, AICPA’s Tax Advisor, NATP’s Tax Pro Journal, and CCH’s Journal of Tax Practice and Procedure. He also co-authored a textbook, Tax Preparer Penalties and Circular 230 Enforcement, published by Thomson Reuters. Nicholas has been recognized as the Top 5 Under 35 CPAs in Virginia, and is a member of the AICPA’s Tax Executive Committee. Nicholas is an adjunct professor at the University of Mary Washington. He is a graduate of Carthage College, University of Connecticut (M.S. in Accounting), Case Western Reserve University School of Law (J.D.), and Georgetown University (LLM in Taxation).
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Yes, all our live webinars are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the high standards for quality, interactivity, and educational content set by these organizations.
To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.
After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.
We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.
KAG
2nd or 3rd course taken where Nick Preusch (hope I spelled correctly) was the presenter. Very likeable, lively discussion with fabulous anecdotes and real-life examples. Love his presentations and the greater detail provided for 4684 form. I've been a CPA since 2015 and not once have I completed a tax return involving casualty loss. I wasn't back in Texas until after Hurricane Harvey. Thank you for this course.
AH
I did enjoy the course and it may be a little advanced for me. The majority of the tax returns I do are much more basic. I will continue to watch more of the courses because they seem to be excellent courses.
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We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days - fastest in the industry.
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