Tax Effects of Coronavirus (COVID-19) and CARES Act (2 hours - morning) – NEW! – Webcast

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Apr 2, 2020

Registration: 7:30 AM / Program: 8:00 AM - 10:00 AM

Fees

Member Fee: $79.00
Nonmember Fee: $99.00

Available Discounts

AICPA Member: None
Full time Accounting Educator: -44.00

Description

Congress and IRS open the floodgates...little droplets have hit the fan!

As Coronavirus wreaks economic havoc, Congress and IRS have acted swiftly through the tax law in response. These relief efforts cut much deeper and wider than first meet the eye. By now, we’re three rounds of legislation and many rounds of IRS (and Labor) guidance into this thing. Let us cut your learning curve.

Designed For

Tax practitioners wanting the latest information on new IRS reporting requirements.

Objectives

This ad-free and fluff-free 2 hour session brings information you can use immediately via checklists and generous examples with wisdom, wit and street smarts.

Major Subjects

Take this course and learn the immediate, detailed tax effects of:

  • CARES Act (Coronavirus, Aid, Relief and Economic Security Act) – Moving targets, amended returns and cash flow galore
  • Tax and liquidity planning in response to CARES Act and in catastrophic economic times
  • Deferral of payment of 2019 taxes – Who, what, when, where, how much, how
  • Extension of filing deadlines? Which ones yes and which ones not
  • Why filing federal and state extensions by the original due date may be sick smart – Breakdown by state
  • IRS's rapidly changing approach to collections, statute of limitation protections and operations
  • Tax credits for paid sick and family leave – Deep cut knowledge needed here (Families 1st Recovery Response Act (H.R. 6201))
  • Waiver of penalties both inside and outside of a box
  • Cyber security mandates / IRS sanctioned protocols for working from home
  • An ear to the ground for ongoing developments 

Leaders

Bradley Burnett

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. He also prepares a handful of tax returns. Prior to establishing his own law firm in 1990, he practiced tax accounting with national and local CPA firms, worked as a trust officer for a Denver bank and managed the tax department as partner in a medium-sized Denver law firm. After receiving his undergraduate degree in accounting and law degree (J.D.), he earned a Master of Laws (LL.M.) in Taxation from the University of Denver School of Law Graduate Tax Program.

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. Bradley served as adjunct professor at the University of Denver School of Law Graduate Tax Program, where he pioneered an employment tax course and occasionally pinch hit teaching the IRS practice and procedure topic. He has appeared on television answering tax questions for call-in viewers of Denver NBC affiliate KUSA Channel 9. Brad received the Illinois Society of CPAs Instructor Excellence Award for teaching in Chicago and five times has been the top rated, most requested instructor for CPA Society annual tax conferences. 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.