Please join us for an introductory course on the fundamentals of preparing and filing an individual federal income tax return. We will cover topics such as what the federal income tax is and how it is computed. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

The major topics covered in this class include:

• Defining Federal Income Taxes
• Computing federal income tax liability
• Calculating adjusted gross income
• Defining Qualifying Child
• Determining filing status
• Calculating the Kiddie Tax
• Standard deduction
• Tax Rates for ordinary income, capital gains, and qualified dividend income
• Cash v. Accrual Method
• Filing deadlines and obtaining extensions

Who will benefit:

This course is ideal for CPAs, CFPs, EAs and other tax preparers

This webcast is hosted on CPA Crossing platform. Attendees will receive instructions on how to attend the webcast via e-mail.

Unlock the full potential of your data with our specialized course, "Create Measures in Power BI that Define Your Metrics". Designed for professionals who aspire to excel in the dynamic world of data analysis, this 4-hour intensive training delves deep into the advanced functionalities of Microsoft Power BI. You'll embark on a journey to master the art of Data Analysis Expressions (DAX), a powerful tool in the Power BI suite to create metrics. This course is meticulously crafted to transform you into a proficient user, capable of harnessing complex DAX calculations to bring your data to life. The course content is thoughtfully structured to ensure a comprehensive learning experience. Starting with the foundational elements of DAX, you'll rapidly progress to tackle advanced formulas and time-intelligent functions, essential for nuanced data analysis. The highlight of the course is the emphasis on the DAX calculation process, a crucial aspect for validating measures in Power BI. Additionally, the practical application of PivotTables for measure validation will equip you with the skills to confirm the accuracy and effectiveness of your data measures. These advanced techniques are not just theoretical concepts but are presented through engaging, real-world scenarios, enabling you to apply your learning immediately to your daily tasks. This course is an invaluable step towards mastering Power BI and making data-driven decisions with confidence. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

The major topics that will be covered in this class include:

• Introduction to DAX:
  Understanding the fundamentals of DAX and its role in Power BI.
• Advanced DAX Formulas:
  Delving into complex DAX functions and formulas for creating sophisticated measures.
• Time Intelligence in DAX:
  Exploring time-based functions to analyze data over different periods.
• Validating Measures with DAX:
  Techniques for ensuring accuracy and reliability in your DAX measures.
• Using PivotTables for Measure Validation:
  Employing PivotTables in Power BI to test and confirm the effectiveness of DAX measures.

Who will benefit:

This course is ideal for data analysts, business intelligence professionals, and anyone looking to enhance their skills in creating and validating measures using DAX in Power BI.

This webcast is hosted on CPA Crossing platform. Attendees will receive instructions on how to attend the webcast via e-mail.

Auditing Investments - Understanding Risks and Procedures for the Most Common Investments will provide an overview for evaluating the proper recognition, measurement and disclosure of the most common investments types. Many small- and mid-size entities hold less-complex investments, including mutual funds, 'plain vanilla' derivatives (such as interest rate swaps), and permanent life insurance policies. Note:
This course is recommended as a part of a 16-hour audit skills curriculum for in-charge or supervisor auditors, while it is also appropriate for anyone who has responsibilities for auditing common investments. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

The major topics covered in this course include:

• Overview of the most common investment types
• Typical audit risks and related audit procedures for common investments
• The basics of accounting for equity investments in other entities
• Understanding common 'plain vanilla' derivatives, like interest rate swaps
• Fair value disclosure, including applying the fair value hierarchy

Who will benefit:

Accountants responsible for accounting for or auditing less-complex investments, including 'plain vanilla' derivatives

This webcast is hosted on CPA Crossing platform. Attendees will receive instructions on how to attend the webcast via e-mail.

NOTE – This ethics course has not been approved by the Accountancy Board of Ohio therefore does not count towards your mandatory 3 Hours of Professional Standards & Responsibilities credit per renewal period. This course does count towards your 120 CPE Hours.

Practitioners need to exercise caution to ensure they maintain independence as they assist their clients with reviews, audits, and compilation engagements. This course provides a roadmap to best practices and guidance provided by the AICPA's Code of Professional Conduct and analyzes and applies it to actual scenario-based case studies, providing accounting professionals with ethical standards to integrate into their practices. This event may be a rebroadcast of a live event and the instructor will be available for questions during the event.

The major topics covered in this course include:

• Review the AICPA's Code of Professional Conduct.
• Provide best practice tips and practical strategies for preserving independence when assisting clients with technical matters.
• Discuss the principles of professional conduct.
• Address compliance with professional standards.
• Use case studies to address circumstances that may create threats to independence.

Who will benefit:

CPAs in public practice and members in industry.

This webcast is hosted on CPA Crossing platform. Attendees will receive instructions on how to attend the webcast via e-mail.

A discussion of the latest 2021/222 tax developments impacting individual taxpayers, with a focus on important provisions, rules and concepts. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

The major topics that will be covered in this class include:

• 2021/22 legislation impacting individual taxpayers
• Extenders legislation update
• Child tax and dependent care credits
• Section 199A deduction
• Capital gains and losses
• Rental real estate
• Other passive activities losses

Who will benefit:

CPAs in public practice and industry seeking an update on the latest tax developments affecting individual taxpayers.

This webcast is hosted on CPA Crossing platform. Attendees will receive instructions on how to attend the webcast via e-mail.

The process of closing out the books every month can make year-end accounting a breeze! But isn't this time consuming? Not when you know the steps to take monthly. We'll show you what to do in your QuickBooks Pro, Premier, or Enterprise as well as learn what you can do monthly to ensure a tax return that will stand up again an IRS audit. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

The major topics that will be covered in this class include:

• Examine the process of closing out the accounting financials every month in your QuickBooks Desktop version and why this practice can make life so much easier at the end of the year.
• Learn the beginning steps to evaluate, close out, and clean up QuickBooks files monthly and at year-end for accurate reporting and tax return preparation.
• Identify why substantiating the numbers in QuickBooks on both the Profit & Loss Statement, as well as the Balance Sheet, can ensure an accurate tax return that will stand up against an IRS audit.
  

Who will benefit:

CPAs, Accountants

This webcast is hosted on CPA Crossing platform. Attendees will receive instructions on how to attend the webcast via e-mail.

This course will provide an overview of 6 key areas of automation that accounting firms can leverage to effectively increase their lead generation and client retention efforts while reducing the burden on their time and budget. These areas include:
1. Social media 2. Content development. 3. Email marketing. 4. Text (SMS) marketing. 5. Chatbots and other interactive AI tools. 6. Drip marketing campaigns. Attendees will receive a practical guide to the technologies and tactics needed to improve marketing efforts with efficiency and ease! This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

The major topics that will be covered in this course include:

• Content - From generating content ideas to SEO research and creating content through its distribution we will look at tools to accomplish these goals efficiently and effectively.
• Lead Generation - Tools to determine the best offers and get them in front of the appropriate audiences.
• Lead Nurturing - Once you have a prospective client "raise their hand" virtually or physically, it is critical to design and implement campaigns and other tactics to keep them engaged and move them closer to being a client. We will cover this i-depth during the course.
• Sales - After you have a prospect ready to get to the next phase of the purchase journey, it is imperative to answer objections, explain the process of working with your firm and then close the sale. These tools will allow you to do this without an entire sales team!
• Onboarding - Once the prospect becomes a client leverage automation to make onboarding seamless, systematic and simple for your team.
• Referrals and Reviews - Instead of chasing clients for reviews or case studies, consider baking the ask right into your current or automated processes. This course will show you how!
  

Who will benefit:

Firm leaders and marketing specialists working in accounting firms.

This webcast is hosted on CPA Crossing platform. Attendees will receive instructions on how to attend the webcast via e-mail.

Financial statements are a window into what is going on in the day-to-day operations of the company. They help us see what the company's strengths and weaknesses are. However, financial statements can often have different messages depending on the user. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

The major topics that will be covered in this class include:

• Purpose of Financial Statement Analysis
• Comparing Actuals vs. Expectations & Benchmarking
• Case Studies 1 & 2
• Ratio Analysis
• Case Study 3
• Analysis of Statement of Cash Flows
• Case Studies 4 & 5
• Other Uses of Ratios

Who will benefit:

Controllers or accountants who are involved in the financial reporting functions of their companies and looking to improve their review skills.

This webcast is hosted on CPA Crossing platform. Attendees will receive instructions on how to attend the webcast via e-mail.

Microsoft Teams is one of the most widely used applications for communications, collaboration and knowledge sharing in business today. Most users are unaware of many time saving features available to help you manage your conversations, files and related content on a daily basis. John Higgins, a strategic advisor to the profession on Microsoft 365, will teach you how to leverage all the functionality Teams has to offer to compose, organize and retrieve your conversations, files and related content for maximum effectiveness. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

The major topics that will be covered in this class include:

• Overview of the key Teams apps
• Everything there is to know about composing messages in Teams
• Using Teams to manage files, email messages and other content
• Best practices for structuring your teams and channels
• How to use "private" channels
• How to use Teams as your primary phone system
• Managing your Teams settings
• Establishing links to other Microsoft 365 applications
• Hosting a Teams meeting from A to Z

Who will benefit:

Anyone who uses Microsoft Teams

This webcast is hosted on CPA Crossing platform. Attendees will receive instructions on how to attend the webcast via e-mail.

This course gives CPAs the knowledge to help their clients plan for retirement by evaluating how much retirement income they will require and planning for how to reach their retirement goals.

Learning Objectives

• Help clients determine how much retirement income is necessary for the desired retirement lifestyle

• Identify resources available for retirement

• Understand how to build the three-legged retirement stool: employer retirement, savings, and Social Security

• Develop Plan B when the ideal retirement goal is not achievable

• Explain ways that clients can convert the equity in a home to retirement income

• Explain how the value of a small business can be converted to retirement income

• Explain survival possibilities and how first-to-die and last-to-die survival probabilities are used in retirement planning for married couples

• Understand timing regarding the use of taxable retirement funds and nontaxable funds, and strategies to minimize income tax on Social Security

• Recognize the role of various investment types, such as life insurance, annuities, mutual funds, equity holdings, and bonds in retirement planning

• Summarize key points of recent research on the sustainability of retirement income and maintenance of desired retirement lifestyles

Major Topics

• Retirement planning using variables such as desired lifestyle, travel plans, housing plans, medical needs, and family needs to customize a retirement plan unique to the client

• Using the residence and other real estate as retirement assets through equity and rent

• Using the small business as a retirement resource through creative retirement plans, non-qualified deferred compensation, and converting the value of the business through sales within the family or to an outside party

• An overview of portfolio management for retirees, including: sustainable portfolio withdrawal rates; balancing investments between income and equity, and taxable and nontaxable; and asset liquidation and distribution timing to minimize the tax impact of retirement distributions and maximize cash flow from retirement vehicles and Social Security

• Developing a three-legged retirement stool of employer retirement, savings, and Social Security, and timing the use of the legs of the stool to maximize after tax retirement benefits

• Analysis of the most current/important research on retirement planning and sustaining retirement income levels and lifestyles and the impact of the most recent tax laws, regulations, and rulings

• Planning with the new retirement provisions of SECURE Act 2.0

Designed For

CPAs looking to advise clients on retirement planning, and CPAs looking for effective strategies for their own retirement

This virtual seminar is being offered through our partnership with Midwest State CPA Societies. You will launch from your MyOSCPA learning center day of and be prompted to enter in name and state society at time of entering.