Content Provider
Icstax

Ea credits middle
Blankbox
Self-Study CPE
FROM BAD TO WORSE: WHEN AN AUDIT GOES CRIMINAL - PART I
View Details/Register
FROM BAD TO WORSE: WHEN AN AUDIT GOES CRIMINAL - PART II
View Details/Register
INTRODUCTION TO INTUIT PROCONNECT PROSERIES: TAX SOFTWARE DEMONSTRATION
View Details/Register
INTRODUCTION TO INTUIT PROCONNECT LACERTE: TAX SOFTWARE DEMONSTRATION
View Details/Register
FEDERAL INCOME TAX CHANGES - 2017
View Details/Register
ESTATE TAX PLANNING
View Details/Register
10 NEW PRODUCTIVITY FEATURES IN PROCONNECT TAX ONLINE
View Details/Register
2018 ANNUAL TAX SEASON UPDATE
View Details/Register
AUDITING THE ERO
View Details/Register
CANCELLATION OF DEBT
View Details/Register
Accountingmethods icstax

ACCOUNTING METHODS AND FORM 3115: WHAT YOU MUST KNOW

Cost Free   CPE Credits 1.0 hour     1 hour for EAs (Federal Tax)    Course Id# - HURS9-T-00148-17-O  Subject Area Taxes  Course Level Basic  Instructional Method Group Internet Based  Prerequisites None  Advanced Preparation None  Who should attend? CPA - small firm
CPA - medium firm
CPA - large firm
Enrolled Agent
Other
Real Estate Professional 
Series: Enrolled Agents, Taxes 
Course Description

Taxpayers adopt new accounting methods to implement valuable tax strategies as well as to remove IRS audit exposure. As a potent tax planning tool, accounting methods help taxpayers implement cost segregation studies and energy efficiency incentives, adopt favorable provisions of the Tangible Property Regulations, and numerous other tax minimization strategies. Accounting methods also help taxpayers correct improper methods to eliminate audit risk. This pragmatic course discusses several popular accounting methods and recent tax rule changes as well as provides instruction on completing and filing Form 3115 – Application for Change in Accounting Method.

Linkedin
Icstax

Alex is the President of ICS Tax, LLC (ICS). His expertise includes the tangible property regulations, cost segregation, energy efficiency incentives (179D/45L), research tax credits, fixed asset reviews, IC-DISC export incentives, and the LIFO inventory method. Prior to ICS, Alex worked for a decade with several Big Four firms, including Ernst & Young, Deloitte Tax, and PricewaterhouseCoopers. His specialized planning ideas has saved his clients millions in tax dollars. He has given Continuing Professional Education on a variety of tax planning ideas throughout the country. He is published in the AICPA’s Tax Advisor magazine and Accounting Today. Alex earned a BSBA in accounting from The Ohio State University, a Masters of Business Administration from the University of Minnesota, and a law degree from the Tulane School of Law in New Orleans, Louisiana. Alex is a licensed attorney, a certified public accountant, and a certified member of the American Society of Cost Segregation Professionals. In his free time, he is a martial arts instructor in Judo and a volunteer for Junior Achievement.

Handout Materials
Presentation Slides
Frequently Asked Questions
  • To receive CPE credit for the event, you must register for the webcast prior to the start of each program.
  • CPE is available to all eligible participants within 24 hours of each webinar.
  • Multiple attendees: In order to receive CPE for multiple attendees, ensure that at least one person signs up for the webinar. At the completion of the webinar a proctor form is provided. Alternatively, you may also login to your account following the webinar and click on the MY ACCOUNT button where you will find a link to the proctor letter.

Nasba

NASBA Approved

CPAacademy.org (Sponsor Id#: 111889) 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.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

Irs

EA Approved

CPAacademy.org (Sponsor Id#: HURS9) 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.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

About Our Presenter

Icstax
ICS Tax, LLC (ICS) is a consulting firm providing innovative tax planning strategies. ICS collaborates with taxpayers and their tax professionals to identify credits and incentives that reduce tax liabilities and increase profitability. We combine top talent and a multidisciplinary approach to assist with Energy Efficiency Incentives (179D/45L), Comprehensive Fixed Asset Reviews, Research & Development Tax Credits, Cost Segregation Studies, IC-DISC Export Incentives, Like-Kind Exchanges (1031), Accounting Methods, and Utility Rebates. With the knowledge of CPAs, engineers, and attorneys, ICS provides fully-developed and complete solutions tailored for each client. ICS provides nationwide service through its Twin Cities headquarters as well as its offices located in Boston, New York, Ohio, Massachusetts, South Dakota and Texas.