myCPE

How to Maximize the impact of cares act 1 Credit 1 Credit

Aug 26, 2020, 02:00 PM EDT

How to Maximize the impact of cares act 1 Credit 1 Credit

  • Don Deans

    CPA/PFS

  • Rating

    4.2

  • Published on

    December, 1969

  • Subject Area

    Taxes

Learning mode

Live Webinar
  • Access the course at your convenience
  • Take the assessment test
  • Get your certificate
  • Attend the live interactive session
  • Answer the polling questions
  • Get your certificate
Aug 26, 2020, 02:00 PM EDT

Learning Objectives

  • Tax Cuts and Jobs Act taketh and the Cares Act giveth
  • Identify ways of maximizing your clients’cash flow
  • Identify ways of how to potentially increase your clients’benefits
  • Identify the plethora of required dates for implementation

Course Overview

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) is the attempt by Congress to reduce the economic dislocation caused by the current pandemic. Taxes play a key role in the Act, along with several economic stimulus policies. Normally a new tax law requires time to figure out all the details. The Tax Cuts and Jobs Act (TCJA) of 2017 is still looking for clarifications on several issues, some of which are addressed in the CARES Act. COVID-19 had pushed economic decline into overdrive. 

The tools given us by the Cares Act are the best we have had since 1986. Although the economic stimulus provisions such as the small business loans and payroll tax deferrals of the Coronavirus Aid, Relief, and Economic Security Act have received much of the publicity, there are other significant tax provisions which should not go unnoticed.

We will present an overview of the Cares Act that has nothing to do PPP, payroll taxes or loans. We will cover:

  • How taxes paid in prior years can be used to fund current operating or potentially add to the owners’ benefits.
  • Overview of excess loss cap that has been removed.
  • Tenant improvement property has been fixed move 39 year property to its correct Life
  • Overview of Business interest expense and corporate AMT

On Demand Credits for All Qualifications

Live Webinar Credits for All Qualifications

License details Credits Status
CPA in Canada 1 CPD Eligible
SHRM-Senior Certified Professional (SHRM-SCP) 1 PDC Approved
License details Credits Status
CPA in Canada 1 CPD Eligible
SHRM-Senior Certified Professional (SHRM-SCP) 1 PDC Approved

Additional Information

Credit

1

Course Level

Basic

Instructional Method

QAS Self Study

Group Internet Based

Pre-requisites

None

Advance Preparation

None

SHRM APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC, is approved (Provider Number – RP5359)  by the Society for Human Resource Management (SHRM) to offer Professional Development Credits (PDCs) for the SHRM Certification Program (SHRM-CP or SHRM-SCP). For more information about SHRM certification or recertification, please visit www.shrmcertification.org.

About Instructor

Don Deans

Don Deans , CPA/PFS

Assistant Manager, Deans Consulting

  • 4.3
  • rating
  • rating
  • rating
  • rating
  • rating

Don has supported individual and corporate clients as a CPA for more than 40 years and as a registered representative for 18 years. Don has his BSIR and MBA from the University of North Carolina in Chapel Hill.

He began his career at Haskins & Sells in 1974 and was a partner at Deloitte Haskins & Sells from 1985-1990. Don is a nationally recognized speaker, published author, and thought leader in the accounting and finance communities. His guidance has been sought out by the Journal of Accountancy, Hartford Business Journal, and statewide CPA magazines in Connecticut, Georgia and North Carolina. Don is a member of the American Institute of Certified Public Accountants (AICPA), NC Association of CPAs (NCACPA), New York Society of CPAS (NYSSCPA), and the Georgia Society of CPAs (GSCPA). You can find his articles published by the Georgia Society of CPAs at www.gscpa.org.

Don resides in Charlotte, NC with his wife Kim and their three children, Will, James and Lauren. He also has three adult daughters, Mary Kathryn, Elizabeth, and Rebekah, as well as five grandchildren. Whether pursuing a thorough due diligence review before recommending a new product for a specific tax obligation, or dancing the night away at a Hornets game, Don Deans goes beyond what is comfortable to get the job done – all while enjoying life and the people he meets.

On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses approved by NASBA and other regulatory bodies?

Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course 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.

How are credits reported to governing bodies?

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.

Live Webinar FAQs

What is a Live Webinar Group Internet-Based Credit?

A Live Webinar Group Internet-Based Credit is an interactive, real-time online seminar where professionals can earn Continuing Education credits by participating in live sessions led by experts in various fields. These sessions meet the standards set by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn credits through live webinars?

To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.

Are the live webinars approved by NASBA and other regulatory bodies?

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.

What are the requirements to maintain compliance with live webinar courses?

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.

How can I access my webinar completion certificates?

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.

How are credits reported to governing bodies?

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.

Reviews and Ratings

out of 5

Excellent (46%)

Very Good (33%)

Average (16%)

Poor (3%)

Terrible (1%)

CB

Cathy Barnes, EA

5

I enjoyed the webinar and feel that it will enhance my relationship with my clients by giving them some of these solutions.

SF

Sally Freyre, EA

5

Just enough information to analyze the need to gain more information or further education.

Recommended Courses

Ep#2: Master Advanced Tax Strategies for High-Net-Worth Business Owners

Jul 03, 11:00 AM EDT

  • CPA (US)
  • EA
  • AFSP
  • CRTP
  • CPA/PFS
  • CFP® (US)
  • CFA
  • DE LPA
  • ChFC
  • ORTP
  • CWS
  • TEP
  • CFIRS
  • RICP
  • LTC
  • CPFA/QPFC
  • WMCP
  • FSCP
  • Maryland Tax Preparer
  • IA LPA
  • ME LPA
  • CASL
  • ChSNC
  • CIPM

TCJA 2.0: Strategies for Changing Marginal Tax Rates

Jul 03, 11:00 AM EDT

  • CPA (US)
  • EA
  • AFSP
  • CRTP
  • CFP® (US)
  • DE LPA
  • ORTP
  • LTC
  • Maryland Tax Preparer
  • IA LPA
  • ME LPA

The One Big Beautiful Bill: 2025 Tax Reform Essentials

Jul 03, 01:30 PM EDT

  • CPA (US)
  • EA
  • AFSP
  • CRTP
  • CPA/PFS
  • CFA
  • DE LPA
  • ChFC
  • ORTP
  • CWS
  • TEP
  • CFIRS
  • RICP
  • LTC
  • CPFA/QPFC
  • WMCP
  • FSCP
  • Maryland Tax Preparer
  • IA LPA
  • ME LPA
  • CASL
  • ChSNC
  • CIPM

Navigating Expatriation: Relinquishing U.S. Citizenship or Green Cards, Taxes, and New IRS Sec. 2801 IRS Regulations

Jul 04, 09:00 AM EDT

  • CPA (US)
  • EA
  • AFSP
  • CRTP
  • CPA/PFS
  • DE LPA
  • ChFC
  • ORTP
  • RICP
  • LTC
  • WMCP
  • FSCP
  • Maryland Tax Preparer
  • IA LPA
  • ME LPA
  • CASL
  • ChSNC

Federal Tax Update – Individual & Business Current Developments

Jul 04, 10:00 AM EDT

  • CPA (US)
  • EA
  • CRTP
  • CPA/PFS
  • DE LPA
  • ChFC
  • ORTP
  • RICP
  • LTC
  • WMCP
  • FSCP
  • Maryland Tax Preparer
  • IA LPA
  • ME LPA
  • CASL
  • ChSNC

Partnership Preparation, Basis Calculations & Distributions–Form 1065 Schedule K & K-1 Analysis

Jul 04, 10:00 AM EDT

  • CPA (US)
  • EA
  • AFSP
  • CRTP
  • DE LPA
  • ORTP
  • LTC
  • Maryland Tax Preparer
  • IA LPA
  • ME LPA

Inclusions

  • Multiple Credits

    Multiple Credits

    Earn continuing education credits with flexibility. Choose from live webinars, on-demand courses, e-books, or podcasts to fit your learning style and schedule.

  • Certifications & Reporting

    Certifications & Reporting

    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.

  • Credit Tracker

    Credit Tracker

    Track and manage your compliance across all 50 states and over 100 designations. Our Credit Tracker keeps your CPE credits and compliance requirements always up-to-date.

  • Certificate Vault

    Certificate Vault

    Certificate Vault to upload, manage, and access certificates earned from various sources and an integrated credit tracker, allowing users to monitor and manage their credits conveniently for compliance.

  • Compliance Reminders

    Compliance Reminders

    Stay current with our automated reminder system. Receive timely alerts for your CPE requirements, ensuring you never miss a deadline.

  • Mobile App Access

    Mobile App Access

    The myCPE Mobile App allows you to learn on the go, providing access to educational content on Android and Apple iOS devices. You can learn anytime and anywhere, making it convenient for busy schedules.

  • Live Support

    Live Support

    Our support team is available via live chat, email, and phone from 9 AM to 5 PM ET. We're here to help with any questions or issues, ensuring you have a seamless experience.

Exclusive mobile
app for our unlimited
access subscribers

Get Started with Unlimited Learning

Select your plan, complete your payment, and access a world of knowledge.

Subscription Inclusions Silver Gold
15,000+ Hrs of CPE approved Content
tooltip

Largest content library covering all aspects of professional development.

Check right Check right
500+ Emerging Subject Areas
tooltip

Wide range of subject areas tailored to meet diverse learning needs of all the department of the firm.

Check right Check right
50+ State- Specific Ethics Courses
tooltip

Stay compliant with ethics requirements for every state.

Check right Check right
50+ State Compliance Packages
tooltip

Pre-selected courses for quick compliance, saving time and effort.

Check right Check right
100+ Advanced Certification Programs
tooltip

Expert-led programs to build advanced expertise and strengthen your career credentials.

Check right Check right
AICPA Eligibility Programs (CFF, ABV, PFS)
tooltip

Pre-Packaged Eligibility Courses for AICPA designations such as PFS, ABV, and CFF, offering CPE credits upon completion.

Check right Check right
Compliance Tracker and Credit Vault
tooltip

Store all your certificates in one place, stay compliance-ready with ease, and track your progress effortlessly using the built-in credit tracker.

Check right Check right
Instant Certification and Fast Reporting
tooltip

Instant reporting to IRS, CFP Board, and other governing bodies.

Check right Check right
Mobile App Access (iOS and Android) Check right Check right
Access to Practical Training Programs
tooltip

Focused training with pre-built assessments for all levels to upskill your staff efficiently.

Check right Check right

Select Tenure

Start Your Journey

Start your journey towards learning and compliance.

card

$299$199 For 12 Months

Start 7 Days Free Trial

Click Here

More Reasons to Subscribe

  • true true
    80% of Content Rated 4.5+ Stars
    High-quality content rated by professionals.
  • true true
    4X More Content at 1/3rd the Price
    Serious value compared to your regular provider!
  • true true
    Non-Sponsored Content
    Purely educational, unbiased content for your learning.
  • true true
    Monthly & Quarterly Updates
    Keeping you ahead of trends and changes.
  • true true
    Podcasts with Industry Leaders
    Learn and Earn CPE from experts on the go.
More Reasons