Understand Employee Retention Credit under the CARES Act

EVENT DATE:

Oct 31,2023

PRESENTER(s): Nick Preusch CPA

1:00 PM ET | 12:00 PM CT | 10:00 AM PT | 120 Minutes

On-Demand ($119.00)

Web Download ($159.00)

e-TRANSCRIPT ($159.00)

Web Download + e-Transcript ($259.00)

On-Demand + Web Download ($259.00)

Quantity

Webinar Instruction will be emailed on your registered email address 3 days prior to webinar
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Web Download / e-Transcript will be shared in 7 working days from the date of webinar

This program has been approved NASBA & IRS CPE Credit 2(Taxes)

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Conference Material (Password Required)

The Employee Retention Credit is a great way to bring revenues to your firm while helping your struggling clients with their cash flow. As part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), some employers (including community banks) may be eligible for a refundable payroll tax credit, if certain criteria are met. The credit can provide up to $26,000 in wages paid per W-2 employee that the business has. This virtual conference will take you through the ins and outs of preparing these credits for your clients. We will help you to identify your clients that can potentially claim the credit, look at how to calculate the credit, and how to amend the proper forms to claim the credit.

Major topics covered in :

Understand how does employee retention credit work?
ERC/ERTC strategies to retroactively claim the credit – it’s NOT too late!
How to coordinate your business’ financial management with professionals, including your banker and CPA?
Latest IRS guidance for small business.
Determine ERC eligibility
Calculate the amount of ERC
Access and apply for the ERC

Learning Objectives:

Define strategies and mechanics to claiming ERC alongside PPP forgiveness
Outline the extension of ERC—including new rules
Identify who qualifies (and does not) for ERC
How to apply for employee retention credit?
What is the deadline for employee retention credit?
Is the employee retention credit taxable income
List new opportunities under ARPA for start-up businesses
Name strategies for churning out those 941s (and 941-Xs and 7200s) to cash in

Credits and Other information:

Recommended CPE credit – 2.0
Recommended field of study – Taxes
Session Prerequisites and preparation: None
Session learning level: Basic
Location: Virtual/Online
Delivery method: Group Internet Based
IRS Course ID: PJGWS
Attendance Requirement: Yes
Session Duration: 2 Hours
Case Studies and Live Q&A session with speaker
PowerPoint presentation for reference

Who Will Benefit:

CPA
Enrolled Agents (EAs)
Tax Professionals
Attorneys
Other Tax Preparers
Finance professionals
Financial planners

Speaker Profile:

Nick Preusch CPA, JD, LLM, is a tax manager with PBMares, LLP. Nick has participated in helping high wealth individual and large business entities with complex tax compliance, along with specializing in international, non-for-profit tax issues, and tax ethics issues.

Nick has also worked with the Internal Revenue Service as a Revenue Agent and an Attorney with the IRS Office of Professional Responsibility. Nick is a graduate of Carthage College with a BS in Accounting and Business, University of Connecticut with a MA in Accounting, Case Western Reserve University with a JD, and Georgetown University with an LLM in taxation. Nick has also authored publications for the AICPA’s Journal of Accountancy, AICPA’s Tax Advisor, NATP’s Tax Pro Journal, and CCH’s Journal of Tax Practice and Procedure. He also co-authored a textbook, Tax Preparer Penalties and Circular 230 Enforcement, published by Thomson Reuters. He has lectured nationally on topics such as ethics, complex tax transactions and IRS practice and procedure.

Understand Employee Retention Credit under the CARES Act

EVENT DATE:

PRESENTER(s): Nick Preusch CPA

This program has been approved NASBA & IRS CPE Credit 2(Taxes)

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