With the largest overhaul of the federal income tax code in 30 years and the repeal of the physical presence nexus standards for sales tax in the Wayfair case, the states are working fast and furious to overhaul their tax laws. As some states scramble to fund their budgets, they continue to look for additional forms of revenue. Plan to attend this fast-paced class that covers developing topics in the area of nexus. Learn how nexus requirements have changed and where the state laws may be heading in the future. 

Learning Objectives

• Identify changes in state statutes, regulations and case law 

• Determine how the states will treat changes under the Tax Cuts and Jobs Act 

• Recognize areas that may require additional attention for state tax planning purposes 

• Recall areas that may be costly for employers or clients 

• Recognize the “who, what, when, and where” of nexus for income and sales tax 

Major Topics

• Emerging sales tax topics: Elimination of the physical presence standard in determining nexus (Wayfair case); economic nexus for remote sellers; assisting remote sellers in determining a plan of action in states that enforce economic nexus 

• Emerging compliance issues in the new sales tax economy 

• Income Tax (and other forms of tax): Economic nexus (taxation without physical presence) 

• Will states shift away from income tax and increase reliance on sales tax after Wayfair? 

• Treatment of Tax Cuts and Jobs Act by the states: presence of intangible property; is P.L. 86-272 still valid? 

• When to consider voluntary compliance even though the laws do not dictate a sales tax responsibility 

Designed For

Accountants who want an update on current multistate tax issues to minimize clients’ potential state and local tax liability 

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.

The term "artificial intelligence" (AI) has become mainstream and while most have a layperson's understanding of AI, few know the depth and breadth of this technology's capability. AI is affecting just about everything in business and in people's personal lives. The operation of an internal control system is also changing because of this incredible advancement. This session explains what AI is and how it works and then goes into detail about how it can be applied to a system of internal control. The material speaks about changes occurring in today's world as well as what's coming in the not-too-distant future. 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:

• An explanation of Artificial Intelligence (AI).
• Specific ways AI is replacing human cognition.
• What is on the internal control horizon related to AI and other technologies.

Who will benefit:

Accounting and other business professionals with a need to understand internal control changes driven by AI technology.

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

A detailed analysis of the calculations related to determining a partner's tax basis for a partnership interest. How to use the Form 1065 and Schedule K-1 information for basis determination will be reviewed. An illustrated example with filled in forms will demonstrate how the process works, including its many potential pitfalls. 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:

• How to calculate the basis when the entity is formed, including the impact of contributed property
• Explains the use of both "inside" and "outside" basis determination
• Clarifies the importance of partnership capital accounts and partnerships debt on partner's tax basis
• Comprehensive example to illustrate the mechanics of the basis determination process
• Explanation of how basis is impacted by distributions of partnership property and sale and/or liquidation of the partnership interest

Who will benefit:

CPAs working in public accounting firms and/or working for partnerships.

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

Most Staff Accountants learned Excel in college and many others learned Excel on their own, however most users never learned the important productivity tips that help them build spreadsheets more efficiently. This course will teach new and experienced users how to leverage the many productivity tools built within Excel in order to build spreadsheets with 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:

• Navigating around worksheets
• Selecting cells and ranges
• How to use custom number formatting
• How to leverage Views
• How to build better formulas with referenced variables and defined names
• Learn to quickly format cells with Cell Styles
• Learn proper worksheet structure

Who will benefit:

Any Excel user that wants to learn the "real" basics of Excel that will increase their productivity.

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

The Ohio Department of Administrative Services (DAS) recently shared with OSCPA that through Sept. 16 only 35% of current OH/ID users have completed required Ohio Business Gateway (OBG) actions prior to an upcoming deadline.    

The OBG on September 5 implemented a targeted enhancement for CPAs to simplify and streamline the User Access Request process within the OBG Portal. 

This change reduces the number of steps required for Filing Administrators and Filers to request access to Accounts, Service Areas and Transactions. 

OSCPA members only have until December 2 before multi-factor authentication (MFA) becomes an OH/ID login requirement for the OBG.  Those practitioners who do not request user access and add their clients prior to Dec. 2 could lose access to filing and paying on the OBG for their clients.   

When users log into OBG for the first time with their OH/ID, they will be prompted to associate themselves to their company. See job aid First-time-login-to-OBG-with-new-OHID-Account   

Then the user can request access to a business. See job aid Requesting-Access-to-OBG-Existing-Account  

If the business that CPAs are requesting access to does not already exist on the OBG, the user will be prompted to register the business first. Please note CPAs should not register their clients’ business on the OBG. The business owner or direct employee must register their business on the OBG first before CPAs can request access. See job aid Requesting-Access-to-OBG-New-Account 

The DAS also recently shared CPAs’ most common questions called into their OBG help desk, please click here.  For more information on the upcoming MFA requirement for the OBG, please click here.

Recall lessons learned and practical implementation challenges and complexities with the FASB's Accounting Standard Update for Leases (ASC Topic 842). Identify key differences between ASC Topic 842 and ASC Topic 840, Practical Expedients, remeasurement-triggering events. Session will go beyond the basics and will apply to specific examples. 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:

• FASB's Accounting Standard Update for Leases (ASC Topic 842)
• Key differences between ASC Topic 842 and ASC Topic 840
• Implementation options, entries, practical expedients, and remeasurement-triggering events
• FASB ASU 2023 - 01 - Leases (Topic 842):
  Common Control Arrangements

Who will benefit:

Accountants in business and in public accounting.

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

This highly informative course will bring you up-to-speed on the latest in individual tax law developments and the corresponding or responsive planning opportunities available to your clients. You will come away from the course ready to educate your individual tax clients and implement tax-savings ideas that will serve their ever-evolving needs. Continually updated to reflect enacted legislation. 

Learning Objectives

• Understand strategies and tactics to use in light of new legislation 

• Understand how to nail down valuable deductions and other reductions to the tax base 

Major Topics

• Timely coverage of breaking tax legislation 

• Residency and domicile • Selling a principal residence, including tax planning strategies 

• Real Estate professional requirements 

• New Form 1099-K reporting requirements 

• Virtual currency, including recent developments regarding NFTs 

• Review of pertinent cases and rulings affecting taxpayers 

• Practice aids, including all the numbers applicable for the current year -- inflation-adjusted amounts, mileage rates, retirement contributions, and more 

Designed For

All tax practitioners, both those working in public accounting as well as those in private industry, who need the latest information on tax changes affecting their individual clients 

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.

Fringe benefits are just another way of paying your employees. Do you know how to correctly track fringe benefits, as well as apply and report the various withholding tax rules for those fringe benefits? The IRS says fringe benefits must be included in and reported as a part of employee pay, but with any good tax law, there are always exclusions to that rule. Knowing how to handle fringe benefits can be complicated, especially in an area that changes on an annual basis. Attendees will leave with an understanding of what the requirements are around fringe benefits, what constitutes a fringe benefit, and whether it is taxable or not. We will also explore the evergreen areas of reporting S-Corp Shareholder Health, HSA, and when cash is not taxable compensation. 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:

• What is and what is not a fringe benefit
• Payroll tax withholding rules on taxable fringe benefits
• Payroll reporting on employee checks, payroll returns, and W-2s
• What to watch for at year end and where to go to get resources

Who will benefit:

Appropriate for professionals at all organization levels, including seasoned professionals. This includes CPAs in public practice, as well as tax professionals working in industry, including those in Controller and CFO roles with limited exposure to payroll.

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

In the "Excel - Formatting Spreadsheets for Beginners" class, you learned basic formatting of a spreadsheet. In this class, we take you to the next level by teaching you how to customize many of the formatting options. Learn to customize cell styles and how to use these styles in other workbooks. Most Excel users know how to select number formats but this class shows how to leverage the Custom Number Formatting option to create special formatting options. Many of the formatting options are applied manually, cell-by-cell or by range. This can be tedious if there is a condition by which you want to apply a format. You will learn to use Conditional Formatting to format based upon a criteria. Have you ever finalized a spreadsheet, only to accidently make changes over the top? This action is something that is very easy to do. This class demonstrates various options to prevent this from happening and will look at various security options within Excel. This session is presented using Excel 2019/Office 365. Regardless of the version you are using, most concepts covered in this course apply to all versions of Excel. 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:

• Customizing cell formatting and cell styles
• Using number and custom number formatting
• Using Conditional Formatting to format cells based upon a defined criteria
• Protecting a worksheet and workbook to prevent changes
  

Who will benefit:

Anyone who uses Excel

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

Attracting and retaining staff is critical to an organization's success, especially in the age of the millennial worker who will change jobs multiple times in the course of a career. This course will focus on best practices for nurturing the human element of your organization, especially millennial workers who comprise a growing percentage or the workforce. 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:

• Building a high-performing team comprised of multi-generational workers.
• How to effectively communicate with the millennial worker.
• Leveraging younger staff in business development opportunities.
• Measuring the productivity of a millennial workforce.

Who will benefit:

Accountants in a supervisory or other leadership role.

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