myCPE
myCPE

Tax Strategies for Families: Credits, Dependents & Specialized Topics 7 Credits

Jul 26, 2024, 12:00 PM ET

Tax Strategies for Families: Credits, Dependents & Specialized Topics 7 Credits

  • Rating

    4.6
  • 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
Jul 26, 2024, 12:00 PM ET

Learning Objective

  • To discuss eligibility criteria for filing statuses like HOH and QSS, and analyze implications of MFS status. 
  • To explain how to apply 15 qualifying rules for EIC confidently, considering AGI, filing status, and dependents.
  • To analyze how to complete Form 8867 accurately, ensure tax preparer due diligence, and maximize EIC benefits by choosing the right filing status for clients. 
  • To discuss the rules for claiming qualifying children or relatives, and optimizing tax outcomes. 
  • To explain eligibility criteria for claiming Child and Dependent Care Credit on Form 2441, considering options for self-employed taxpayers. 
  • To effectively communicate with clients about requirements and intricacies of specialized family taxation, ensuring compliance and maximizing benefits.

Course Overview

Are you prepared to master the intricate world of tax strategies for families? Join us for our comprehensive CE/CPE webinar where you'll delve deep into the complexities of filing statuses, dependents, and specialized family tax scenarios. This online course, led by seasoned tax consultant Jason Dinesen, equips tax professionals with the expertise to confidently navigate diverse client scenarios and provide invaluable insights based on current tax laws.

Major Topics:

  • Mastery of Filing Statuses: From Head of Household to Qualifying Surviving Spouse
  • Deconstruction of Form 2441: Child and Dependent Care Credits
  • Specialized Family Tax Topics: Divorce, Adoption, and More
  • Liability Issues and Retirement Implications: Strategies and Considerations
  • Relief Mechanisms: Innocent Spouse Relief, Separation of Liability, Equitable Relief
  • Advanced Concepts: Annulled Marriages, Joint Liability Exceptions, and Adoption Tax Credits

Explore the complexities of filing statuses, Earned Income Credit (EIC) qualifications, and limitations, ensuring accurate calculations and compliance with Form 8867. Gain practical insights into claiming dependent care expenses and employer benefits through Form 2441, essential for accurate tax filings.

Master specialized family tax topics such as divorce, adoption, and liability issues, ensuring your ability to provide comprehensive guidance to clients. Whether you're a seasoned tax professional or new to the field, the CE Tax webinar is designed to enhance your proficiency and equip you with the knowledge and strategies needed to navigate the complexities of family taxation successfully.

Embark on this transformative learning journey to elevate your tax preparation expertise, meet the demands of modern tax practice, and gain a competitive edge in providing optimal tax solutions to your clients. Enroll now to stay informed, engaged, and equipped to provide accurate, compliant, and comprehensive tax services in the ever-evolving world of family taxation.

Podcast Credits

Short Video Credits

On Demand Credits

Live Credits

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Add your qualification details to easily track your compliance. You can also add multiple qualifications for comprehensive coverage.

Additional Information

Credits

7

Course Level

Basic

Instructional Method

QAS Self Study
Group Internet Based

Pre-requisites

None

Advance Preparation

None

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 aintenance 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.

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.

About Instructor

Top Tax Speaker | Jason Dinesen | My-CPE
Jason Dinesen , EA

President, Dinesen Tax & Accounting, P.C.

  • 4.6
  • rating
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  • rating
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Jason Dinesen (EA, LPA) is a tax nerd, entrepreneur, tax expert and a well known presenter of continuing education courses. He has an impeccable acumen for tax subjects, by virtue of which, he is known to create very well researched course materials helping individuals and businesses with accounting, bookkeeping, tax preparation, and business advisory in various industries.

Known for his sharp tax interpretations, he is one of the quickest to bring the analysis of the latest tax updates and IRS guidance to the professional community. Jason has coached over 200,000 accounting, tax, and HR professionals on various topics of accounting, individual taxation, corporate taxation, professional ethics and much more.

He has presented over dozens of webinars on Form 1099 (MISC & R); marriage in the tax code; tax updates; the new Form W-4, payroll updates, filing status, tax credit and other issues relating to the modern-day household setting.

Moreover, Jason is known to be producing every other webinar/course a little different and updated from the previous one. No wonder, he is a top ranked presenter whose webinars and self-study course materials are very well received by the audience. 

He also teaches 2 classes at Simpson College, Individual Income Tax and Business Analytics. 

Jason was born and raised in Iowa and has a degree in corporate communications from Simpson College in Indianola. He has a big family that includes his wife, two sons, 5 cats and 3 dogs. Jason holds season tickets to University of Iowa football, and enjoys using his chainsaw. Topmost item in his 2022 bucket list is to learn how to properly ‘nose & taste’ whisky.

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.

Ratings and Review

out of 5

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1,824 ratings

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KS

Kate Shimabukuro, CFP® (US)

I really like the myCPE programs. The instructors are high quality, which means the programs, and content are also high quality. I can earn my continuing education credits when it is convenient for me rather than waiting for conferences and events on someone else's timing. I would recommend myCPE to anyone needing continuing education for accounting and financial planning.

BJ

Brandon Jacobs, CPA (US)

I enjoyed the webinar learning about the differences and nuances with the child tax credit and other credits available. The presenter did a great job on a very technical topic. Thanks!

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    Certifications & Reporting

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  • 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.

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

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    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.

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