This course is valid up to December 31st, 2024 for CFP Professionals. It is advisable to complete this course before that to process the credit on time.
In today's evolving landscape, the age of clients seeking professional advice on student loans is decreasing. More and more, practitioners are encountering individuals grappling with student loan-related concerns.
This CE Tax Webinar provides valuable insights into the complexities of both federal and private student loans. From the intricacies of the SAVE Plan to innovative strategies like the Double Consolidation Loophole and employer-based payment programs, the guide equips practitioners with the knowledge needed to navigate the intricate terrain of student loan consultation.
Furthermore, this course sheds light on the eligibility criteria and intricacies of the Public Service Loan Forgiveness (PSLF) program, offering a detailed overview of qualifying employers, full-time employment considerations, eligible loans, and the essential qualifying monthly payments. We will also discuss the implications of student loan forgiveness, presenting a thorough examination of tax-free forgiveness until 2026 and highlighting state-specific issues in Indiana, Mississippi, North Carolina, and Wisconsin. Practitioners are guided on how to counsel clients in choosing the most beneficial income-driven repayment plan based on individual circumstances, considering factors such as qualification criteria, payment amounts, repayment periods, and eligible loan types under each plan.
Major Topics Covered:
Don't miss this opportunity to supercharge your expertise, stand out in the competitive landscape, and empower your clients to conquer their student loan challenges.
Certified Public Accountant (CPA), Nicholas Preusch
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).
Course Level
Credits
Instructional Method
Pre-requisites
Advance Preparation
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.
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.
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.
DS
The Webinar really gave a great overview of student loans to allow us to help our clients. There isn't one BEST payment plan, but there will be one that is best for specific circumstances of the client. Also great advice to grow the business horizontally by offering this additional service.
MB
This is a subject area generating an increasing number of questions from clients. Mr. Preusch's course was very comprehensive and exhaustive in the detail of his supporting handout. Really outstanding.
JL
Very good information on a topic that I don't normally handle. Learned some good tips for clients but will need to do some additional research on it.
MP
I would love to see this webinar expanded! Great speaker & seemed personally affected by student loans and very knowledgeable on the topic.
VG
This webinar helped direct my with my own research of what I overlooked and connected the past to the present effectively.
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