Description
In partnership with VSCPA, this program will be held on the VSCPA Zoom platform. Your Zoom link will be sent out to you via email prior to the event.
Wrap up this powerful four-part series with part four. Tax experts Greg White, CPA, and George Koutelieris, CPA, will tackle some of the most advanced — and opportunity-packed — passive activity strategies. Learn how to use the “recharacterization rules” to convert passive income into nonpassive income, a smart move that can help your clients sidestep the net investment income tax. We’ll also cover the critical disposition rules — your go-to strategy for freeing up suspended passive losses when a property or business interest is sold. If you’re ready to put the finishing touches on your passive activity expertise and turn tax rules into real savings for your clients, this is the session to catch. – Part 4
Event Level: Basic
Who Should Attend: CPAs and tax professionals involved in the world of tax
Required Knowledge: None
Advanced Preparation: None
Vendor: Don Farmer Tax Education
Speaker: Koutelieris, George
Speaker: White, Greg
Objective
* Identify income that is subject to the recharacterization rule * Identify requirements to trigger a disposition that allows suspended passive losses to be taken on the current year’s return * Identify how to apply suspended losses from a “former passive activity.” MAJOR TOPICS * Using the “recharacterization rules” to reduce net investment income tax (NIIT) * How to trigger a disposition that frees up suspended passive losses * How former passive activities are treated for tax purposes.
Credit Types
- Taxes: 2
Event Speaker(s)
Event Level:Basic
Event Code:WF001925
Event Vendor:Don Farmer
Fields of Study:Taxes
Other fields:
Registration Fees
| Registration | Type | Price |
|---|---|---|
| Don Farmer: Live Online-(2 Hours) | Members | $79.00 |
| Don Farmer: Live Online-(2 Hours) | Non Members | $99.00 |
The North Carolina Association of Certified Public Accountants 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/.For information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call 800-469-1352.