TAPPING CARES CASH QUICKLY - PPP LOANS/LOSS CARRYBACKS AND TAX BREAKS DON’ LET OPPORTUNITY SLIP AWAY
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Course Details

Overview of Topics

  • Tapping CARES Cash Quickly8 mins
  • Pyramids of Taxe14 mins
  • PPP Loans The Law of the Street24 mins
  • Paycheck Protection Program (PPP)33 mins
  • SBA PPP Loan Application40 mins
  • CARES Act Alternatives to PPP Loans86 mins
  • Employee Retention Credit91 mins

Course Description

With the economy reeling, Congress has thrown bucketfuls of cash our direction to help businesses survive. How do we grab it before it gets away?

PPP and EIDL loans are the rage, but if we don’t play the game correctly, buckets of free milk spill all over the place. How does a business advisor help his or her client make the right move at the right time to keep prosperity flowing?

In this course, we help you line up the buckets and show you how to use them. Many different loan and tax options are available to keep cash available and flowing. We provide for you a matrix, or worksheet, of all cash flow resources available to you and the timing, inter relatedness and consequences of each.

Webinar Qualifies for

  • 2 CPE credit of Taxes for all CPAs
  • 2 CE credit of Federal Tax Law Update for California Tax Professionals (CTEC Approved-6273)
  • 2 CE credit of Federal Tax for Oregon Tax Preparers
  • 2 CE credit of Federal Tax for Maryland Tax Preparers
  • 2 CE credit of Federal Tax for Enrolled Agents ( IRS Approved : GEHNZ )
  • 2 General Educational credit for Tax Professionals/Bookkeepers/Accountants

Learning objectives

  • How to resourcefully reduce 2020 tax liabilities
  • How to reduce payments due with 2019 (or other) unfiled tax returns
  • Amended returns or not? Exactly how to analyze all choices, consequences
  • Loans – PPP, EIDL or both (and/or other)
  • But, if PPP aces out other choices, which one(s) to choose?

About Presenter

Bradley Burnett

Founder,Bradley Burnett Tax Seminars, Ltd

bradleyburnett10@gmail.com

Bradley Burnett, J.D., LL.M., is a practicing Colorado tax attorney with 33 years of tax practice experience. His practice emphasis is on tax planning and tax controversy resolution. Mr. Burnett has delivered more than 3,000 presentations on U.S. tax law throughout all fifty U.S. states, Washington, D.C., the Bahamas, Italy, Greece, Turkey and Canada. He has authored texts of 35 CPE courses. Mr. Burnett’s seminar style is to deliver the subject matter in briskly paced, enthusiastic and witty fashion. His forte is the candid communication of practical ideas relating to tax law.

Mr. Burnett has delivered more than 3,000 presentations on U.S. tax law throughout all fifty U.S. states, Washington, D.C., the Bahamas, Italy, Greece, Turkey and Canada. He has authored texts of 35 CPE courses.

Review Questions

  • Question 1 : 00:15
  • Question 2 : 00:25
  • Question 3 : 00:45
  • Question 4 : 01:02
  • Question 5 : 01:17
  • Question 6 : 01:38
  1. Should Taxpayer’s Accountant or Attorney Serve as Agent on PPP Loan App?
  2. Which are the aspects of PPP loan?
  3. In which aspects PPP loans allowed to use?
  4. How to prove employee expences?
  5. Who can make Good faith certification for PPP?
  6. Applicant may apply for three PPP loan?
  1. How many PPP loan can apply by an applicant?
  2. What is the full form of PPP?
  3. What are the eligibility criteria for PPP loan for sole proprietor?
  4. Who is not qualified for withdrawals of retirement plan?
  5. What is the tenure of New Loans?
  6. How much maximum cap for Payroll costs?
  7. In which form individuals file a federal income tax return with IRS?
  8. On which rule PPP loans are given?
  9. How much PPP loan can be borrowed?
  10. Which data is use for computation?

FAQ

  • myCPE self-study courses are online.
  • The self-study format allows you to access the material online 24/7 and study at your own pace.
  • As per NASBA guidelines, you have one year from date of registration to complete each program.
  • Complete your final exam at any time and get CPE Credit instantly. You can retake the exam multiple times without any additional charges.
  • Course have minimum passing score of 70% and test takers will not be provided feedback on failed exams.
  • These are Live recorded presentations converted into Self Study (On-Demand Videos).

Refund/Cancellation Policy

  • For more information regarding refund, complaint and program cancellation policies, please contact our offices at 646-688-5128
  • Please email to   help@my-cpe.com  in case of any self study program queries.

Reviews

3.2
(11)
18%
27%
27%
9%
18%
  • CW
    Chuck Weiland , EA
    May 30th 2020
    Bradley provided the latest possible PPP loans & Cares information. It is coming so fast right now, but he was able to distill some of the current and most relevant items we need to know.
BS
Beatriz Salinas , Bookkeeper
At least 3rd program with Mr. Burnett - very knowledgeable of PPP loans information relating to Coronavirus. Very informative
CD
Christina Dunham , AFSP
I love Bradley's humour and examples on PPP loans. It was my first session with him and I must say I was truly impressed. He is very knowledgeable and gave a terrific presentation. I look forward to more sessions!
LA
LuAnne Alleman , CPA
Thank you, Bradley! for very valuable information on CARES act & PPP loans to assist my clients through these trying times.
NB
Neil Baskin , CFP, CPA
2.5 OUT OF 5
CS
CAROL SMITH , CPA
YOU NEED TO TEACH YOUR STAFF HOW TO HANDLE MESS UPS IN YOUR PROGRAM

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 through its website: www.NASBARegistry.org.

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 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

CTEC Approved

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.

On-Demand Webinars

WORK WELL REMOTE: BOUNDARIES FOR BETTER HABITS
Wednesday, October 21, 2020 View Details/Register
FUNDAMENTALS OF INCOME TAXATION OF TRUSTS & FORM 1041 PLANNING: WHAT EVERY ADVISORS NEEDS TO KNOW
Wednesday, October 21, 2020 View Details/Register
ACCOUNTANT PREPARED A RETURN AND IT IS UNDER CRIMINAL INVESTIGATION BY THE IRS, NOW WHAT?
Wednesday, October 21, 2020 View Details/Register
GENERALLY ACCEPTED GOVERNMENT AUDITING STANDARDS: THE NEW YELLOW BOOK (LATEST FOR NON-PROFIT)
Thursday, October 15, 2020 View Details/Register
CUTTING THE GORDIAN KNOT: ECHECK FRAUD, MOBILE BANKING FRAUD, CHECK 21 & HOLDER IN DUE COURSE
Tuesday, October 13, 2020 View Details/Register
CYBERSECURITY BASICS FOR ACCOUNTING & TAX COMMUNITY
Monday, October 12, 2020 View Details/Register
Ethics for Wyoming CPAs
Friday, October 09, 2020 View Details/Register
CYBERSECURITY ESSENTIALS FOR TAX PREPARER
Friday, October 09, 2020 View Details/Register
FORENSIC ACCOUNTING : VALUE ADDED SKILL FOR EVERY ACCOUNTANT
Thursday, October 08, 2020 View Details/Register
TAX FIRM MARKETING: 5 ESSENTIAL DIGITAL STRATEGIES FOR UNCERTAIN TIMES
Thursday, October 08, 2020 View Details/Register
COMPREHENSIVE GUIDE TO IDENTITY THEFT WITH CASE STUDIES
Thursday, October 08, 2020 View Details/Register
UNDERSTANDING FRAUD, THE BASICS
Wednesday, October 07, 2020 View Details/Register
NEW CYBER FRAUDS & CYBERSECURITY INTERNAL CONTROLS (POST PANDEMIC)
Wednesday, October 07, 2020 View Details/Register
Accounting Changes and Error Corrections (2 CPE)
Thursday, August 27, 2020 View Details/Register
Corporate External Financial Reporting Decisions
Tuesday, September 29, 2020 View Details/Register
  • Cost $20
  • CPE Credits 2
  • CE Credits 2
  • IRS Course ID GEHNZ-U-00150-20-S
  • CTEC Course ID 6273-CE-0160
  • Subject Area Taxes
  • Course Level Basic
  • Instructional Method QAS Self Study
  • Prerequisites None
  • Advanced Preparation None
  • Published Date June 15 ,2020
  • Who should attend? Enrolled Agent Tax Attorney Tax Practitioners CPA - Small Firm CPA - Mid Size Firm CPA in Business Entrepreneurial CPA Tax Accountant (Industry) Tax Director (Industry) Tax Managers Tax Preparer
  • Handout Material Download
  • Key Terms Download

On-Demand Webinars

WORK WELL REMOTE: BOUNDARIES FOR BETTER HABITS
Wednesday, October 21, 2020 View Details/Register
FUNDAMENTALS OF INCOME TAXATION OF TRUSTS & FORM 1041 PLANNING: WHAT EVERY ADVISORS NEEDS TO KNOW
Wednesday, October 21, 2020 View Details/Register
ACCOUNTANT PREPARED A RETURN AND IT IS UNDER CRIMINAL INVESTIGATION BY THE IRS, NOW WHAT?
Wednesday, October 21, 2020 View Details/Register
GENERALLY ACCEPTED GOVERNMENT AUDITING STANDARDS: THE NEW YELLOW BOOK (LATEST FOR NON-PROFIT)
Thursday, October 15, 2020 View Details/Register
CUTTING THE GORDIAN KNOT: ECHECK FRAUD, MOBILE BANKING FRAUD, CHECK 21 & HOLDER IN DUE COURSE
Tuesday, October 13, 2020 View Details/Register
CYBERSECURITY BASICS FOR ACCOUNTING & TAX COMMUNITY
Monday, October 12, 2020 View Details/Register
Ethics for Wyoming CPAs
Friday, October 09, 2020 View Details/Register
CYBERSECURITY ESSENTIALS FOR TAX PREPARER
Friday, October 09, 2020 View Details/Register
FORENSIC ACCOUNTING : VALUE ADDED SKILL FOR EVERY ACCOUNTANT
Thursday, October 08, 2020 View Details/Register
TAX FIRM MARKETING: 5 ESSENTIAL DIGITAL STRATEGIES FOR UNCERTAIN TIMES
Thursday, October 08, 2020 View Details/Register
COMPREHENSIVE GUIDE TO IDENTITY THEFT WITH CASE STUDIES
Thursday, October 08, 2020 View Details/Register
UNDERSTANDING FRAUD, THE BASICS
Wednesday, October 07, 2020 View Details/Register
NEW CYBER FRAUDS & CYBERSECURITY INTERNAL CONTROLS (POST PANDEMIC)
Wednesday, October 07, 2020 View Details/Register
Accounting Changes and Error Corrections (2 CPE)
Thursday, August 27, 2020 View Details/Register
Corporate External Financial Reporting Decisions
Tuesday, September 29, 2020 View Details/Register