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SPILLWAY BUSTED PART WIDE OPEN - TAX DEADLINES AND COVID-19

4.4 (8)

Bradley Burnett

Bradley Burnett Tax Seminars, Ltd

Tuesday, June 09, 2020 | 09:00 AM EDT

  • CPA
  • EA

1.5 Credits

$25

Subject Area

Taxes

Upcoming Webinars

employment law in a nutshell – guidance for your business

(1)

Jun 18, 2021 | 09:00 AM EDT View Details

irs tax practice & procedure introduction

Jun 18, 2021 | 09:30 AM EDT View Details

differences between ifrs and gaap

(4)

Jun 18, 2021 | 09:30 AM EDT View Details

addressing single audit quality in a covid-19 era

Jun 18, 2021 | 09:30 AM EDT View Details

advance irs learning: multiyear non-filing, criminal investigation, voluntary disclosure, whistleblower claims etc.

(2)

Jun 18, 2021 | 10:00 AM EDT View Details

tax strategies for real estate: crucial insights: acquisition and depreciation strategies

(5)

Jun 18, 2021 | 10:00 AM EDT View Details

keys to maintaining an effective and strong internal audit department

(1)

Jun 18, 2021 | 10:00 AM EDT View Details

best tax return workshop on s corporation (1120s) - latest

(3)

Jun 18, 2021 | 10:00 AM EDT View Details

are you creating legal liability when you hire or recruit online? - covid -19 special

(37)

Jun 18, 2021 | 10:00 AM EDT View Details

annual federal tax update - c & s corporations, partnerships & llcs (forms 1120, 1120s & 1065)

Jun 18, 2021 | 10:00 AM EDT View Details

yellow book boot camp - nfp and governmental accounting & auditing update

(1)

Jun 18, 2021 | 10:00 AM EDT View Details

partnership preparation, basis calculations & distributions–form 1065 schedule k & k-1 analysis

Jun 18, 2021 | 08:00 AM PDT View Details

comprehensive tax strategies & insights on real estate

(3)

Jun 18, 2021 | 08:00 AM PDT View Details

internal controls for businesses

(2)

Jun 18, 2021 | 08:00 AM PDT View Details

maximizing home office deduction (covid special - latest)

(7)

Jun 18, 2021 | 11:30 AM EDT View Details

Course Description

At first, it was a trickle. Now, the spillway has busted (only part) wide open. IRS (in Notice 2020-23 and others) has unleashed a torrent of tax payment and filing deadlines for anything due from April 1 through July 14, 2020. And, anything includes a lot.

HOWEVER, THE PROBLEM IS THIS:  NOT EVERYTHING THAT APPEARS TO BE EXTENDED HAS CLEARLY BEEN.  OTHER CRITICALLY IMPORTANT DEADLINES HAVE NOT BEEN EXTENDED.

What has IRS extended for both taxpayers and itself under permission of the Stafford Act Emergency Declaration? More than 139 pages of listed deadlines. But the extending language is messy and not everything’s included. SOME THINGS DO NOT HAVE JULY 15 DUE DATES. THOSE ARE THE THINGS THAT WILL BITE YOU.

We are all swimming in deadlines. How do we prioritize them? What did not get put off?  Those are the deadliest of all.

We’ve hacked through the 139 pages with a machete. Take a practical walk through the floodwaters with us through:

  • Forms 1040, 1120, 1065, 990 series, 706 series, 1041 and many more
  • Estimated tax payments (new relief)
  • 1031 exchange and 1033 deadlines (120 days)
  • Accounting method changes
  • Charitable contribution documentation
  • NOL carryback period, carryback claims, tax credits, protecting statutes
  • Elections due on returns
  • S Corp deadlines – Many including the filing of S elections
  • IRA and Qualified plan remedial periods and 5500 related deadlines
  • Failure to deposit penalty deadlines
  • Hundreds more

Learning Objectives

  • To identify the IRS listed deadlines from anything related to filings of returns, forms, elections, payments, tax controversy filings, numerous sensitive taxpayer actions, carrybacks for quick refunds and more.
  • To identify new reliefs in estimated tax payments.
  • To identify the various penalty deadlines
  • To identify the 1031 exchange & 1033 deadlines.
  • To identify various S Corp deadlines.

Who Should Attend?

  • Accounting Firm
  • CPA (Industry)
  • CPA - Large Firm
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • CPA in Business
  • Enrolled Agent
  • Entrepreneurial Accountant
  • Entrepreneurial CPA
  • Tax Attorney
  • Tax Firm
  • Tax Managers
  • Tax Practitioners
  • Tax Preparer
  • Tax Pros
  • Young CPA

Testimonial

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