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Course Level :Basic
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Credits :1
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Instructional Method :Group Internet Based
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Pre-requisites :None
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Advance Preparation :None
The
earned-income credit (EIC) is a refundable tax credit used to supplement the
wages of low-income workers and help offset the effect of Social Security
taxes. The earned-income credit (EIC) is a refundable tax credit that helps
certain U.S. taxpayers with low earnings by reducing the amount of tax owed on
a dollar-for-dollar basis. Taxpayers may be eligible for refunds if their tax
credit exceeds their tax liability for the year
Tax returns
filed by tax preparers that include the earned income tax credit (EIC), a
refundable income tax credit for working individuals and families whose
earnings are under a certain income threshold, are commonly audited by the IRS
and subject to additional due diligence requirements. To avoid being penalized
by the IRS, it’s important to correctly calculate and claim this credit.
In this online
CE webinar, our speaker Jason Dinesen will
cover EIC rules, common errors made in calculating and claiming the credit,
consequences of disallowance by the IRS, and the requirements imposed on tax
preparers for EIC due diligence.
In this online Tax CPE/CE webinar following major topics are covered:
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 through its website: www.NASBARegistry.org.
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.
President, Dinesen Tax & Accounting, P.C.
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 always had a knack for radio shows and has and regularly features as an anchor for Radio Iowa. To reinvent this aptitude, he has recently started his own series of podcasts on myCPE ‘The Jason Show’, an edutainment podcast series that also provides continuing credits to the listeners.
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. His other hobbies include coaching budding football players and carpentry. Topmost item in his 2022 bucket list is to learn how to properly ‘nose & taste’ whisky.
Unlike some other accounting firms, when Dinesen Tax & Accounting, P.C. says we offer personal service, we mean it. When you come to us with your tax preparation needs, you’ll deal directly with our owner and president, Jason Dinesen. We don’t put administrative staff in the middle of you and our tax expert. That means you’ll always have first-hand knowledge of where things stand, and important information won’t slip through the cracks. We welcome all clients, but especially individuals who want the benefits of a long-term relationship with an accounting firm capable of handling anything that might come along with their taxes. We give all our clients the time, attention, and convenience they should expect. If you have a challenging professional or personal schedule, Jason will accommodate you by meeting whenever – and wherever – works best for you.
269 Ratings
DJ
Apr 15th, 2022
Very well organized and helpful! Thank You!
MB
Apr 15th, 2022
Great review and presentation.
VH
Apr 14th, 2022
Outstanding presentation
HW
Apr 14th, 2022
Clear slides. Easy to follow along
LC
Apr 15th, 2022
Very informative
1 Credit
Subject Area
May 18, 2022 | 09:00 AM EDT
May 18, 2022 | 09:30 AM EDT
May 18, 2022 | 09:30 AM EDT
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May 18, 2022 | 10:00 AM EDT
May 18, 2022 | 10:00 AM EDT
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