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CAS Training: Tax Due Dates & Penalties

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Virtual

1.00 Credits

Member Price $39.00

Non-Member Price $49.00

Overview

You could pay $0 for this course!
This qualifies for reimbursement through the State Workforce Training Express Fund. Firms/companies with fewer than 100 staff will receive 100% reimbusement, and firms/companies with over 100 staff will receive 50% reimbursement. You must register for this course and apply for reimbursement through the Workforce Training Express Fund website three weeks in advance to be eligible. The course code for this program is 1147711. To learn more click here or contact Julia Ekelund at jekelund@mscpaonline.org.

It is a sickening feeling for a practitioner when they realize that a tax due date has been missed.  Immediately, certain questions come to mind:  Am I going to owe a penalty?  Should I file late?  And most importantly, is there anything I can do remedy this situation?  Through easy-to-follow examples and discussion, this course will explore the tax calendar and key due dates.  We will examine what to do if a client misses a deadline and what potential relief may be available.

Highlights

- Due dates for payroll tax returns, income tax returns, information returns, and other common tax filings
- Late filing, late payment, and other penalty types
- When the IRS charges interest
- Types of information returns
- Remedies for late filing of information returns
- Which returns qualify for first-time abatement

Designed For

Tax practitioners, small business owners, and other accountants looking to serve their companies or clients in the areas of payroll services or operations.

Objectives

• Identify key tax due dates by entity type

• Recognize how late filing, late payment, and other common penalties are calculated

• Recall common information return due dates and applicable penalties

• State first time abatement relief qualifications and other common remedies

This event is part of the following bundles:

Leader(s):

Leader Bios

David Peters, American Institute of CPAs

David Peters is the Founder and Owner of Peters Tax Preparation & Consulting in Richmond, VA, as well as a Financial Advisor for Carroll Financial Associates in Charlotte, NC. He has over 14 years of experience in financial services, including 3 years in the hedge fund industry and 6 years in the insurance industry. David was the first-ever Chief Financial Officer at Compare.com, a position he held for over 3 years. He is an Adjunct Professor in Accounting & Finance at Winthrop University in Rock Hill, SC, and a National Instructor for the AICPA. He regularly teaches courses in accounting, finance, insurance, financial planning, and ethics throughout the US. He holds four masters’ degrees and is currently pursuing his PhD in Financial Planning. He contributes regularly to various CPA publications, including NCACPA’s Interim Report, SCACPA’s CPA Report, and VSCPA’s Disclosures. David was also a co-author of the 2018 Virginia CPA Ethics course—a required course for all CPAs licensed in the Commonwealth of Virginia. Registered Representative of and securities offered through Cetera Advisor Networks, LLC, Member SIPC/FINRA. Advisory services offered through Carroll Financial Associates, Inc., a Registered Investment Advisor. Carroll Financial and Cetera Advisor Networks, LLC are not affiliated

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Non-Member Price $49.00

Member Price $39.00