Do you know the difference between acquisition and equity debt and the deduction limits of each on your tax return? What is the impact of refinancing your home—once or numerous times? Is it beneficial to treat home equity interest as business expense?

Did you know that if you qualify for tax credits, your tax bill may be reduced or even eliminated? Some credits can even provide you with a refund! Learn about child tax credits, credits for dependent care costs, education and retirement savings credits. Our speaker will also explain how you may qualify for the Earned Income Tax Credit.

Contributing to a 529 plan enables you or a family member to prepay tuition credits and accumulate tax-free earnings. Avoid paying higher inflation-based tuition for future students and loosing education expense and gift deductions. Learn about available education credits and qualifying expenses.

The advantages of gift giving go well beyond the annual exclusion. This presentation provides information about tax planning using wills, living trusts, charitable trusts and private foundations. Information is provided on record keeping, medical and educational gifts, limits on charitable contributions, contribution carry- forward and incomplete gifts (have you really given it away?).

No one wants to be victim of a casualty or disaster but if it happens to you, you want to know what your tax considerations are. Take advantage of deductions available you. Identify losses that can be taken in the current or preceding tax year. Discover which disaster relief payments are not taxable.

Review the key tax considerations involved in separation or divorce. Learn about the qualified domestic relations order (QDRO) for pensions, profit-sharing or stock bonus plans. Understand tax consequences beyond the initial division of income and personal property including dependent exemptions, head of household eligibility, child care credits, and role in issues arising from jointly filed tax returns.

What are you seeking in a retirement savings plan? An employer plan where you can receive matching funds, make pre-tax contribution and accumulate tax-free earnings. Are you looking for an IRA with tax deductions in the current year or do you prefer non-taxable distributions? These and other considerations will be discussed in this presentation.

Discover which employer benefits reduce taxable income. Some of the benefits discussed will be dependent and child care, education assistance program, achievement awards, health insurance and 401/403b plans.

Can you take the $25,000 annual loss allowance for your rental property? Whether you rent space in your home, vacation rental property or investment property knowing how to allocate expenses, calculate depreciation and what losses are allowed can prevent errors that lead to audits.

An installment sale occurs when property is sold at a gain and at least one payment is made after the close of a tax year. This presentation discusses the tax planning opportunities for income generation over time. It also explains how to report interest, gain on sale and basis recovery for these payments as any gain recognized if the property is repossessed.

A 1031 exchange is a valuable tax planning and strategizing tool for deferring taxable gain on business or investment property. Examine the issues relating to like-kind exchanges including type of property that can be exchanged, conditions that will void an exchange, taxability of cash received, role of depreciation and other factors.

Do you know the difference between acquisition and equity debt and the deduction limits of each? Do you understand the impact on deductible interest when refinancing your home—once or numerous times? Discover when it is advantageous for a home owner to treat home equity interest as business expense?

If you receive a 1099-A, 1099-C, or both you may be a candidate for mortgage debt relief. Find out what type of debt qualifies for relief and discover its impact when reporting the sale of your home.

Over 2 million taxpayers were subject to Alternative Minimum Tax (AMT) in 2007, this could increase to as many as 26 million in 2008. Could this mean you? Review situations with the potential to cause AMT identifying the factors with the greatest impact. Learn tax-planning strategies to minimize its impact.

Understanding how to report the sale of stock on your tax return may be the difference between having a taxable gain or loss. Discover the difference between stock options, restricted stock, restricted units and when income is generated from each. Learn how to calculate cost basis, harvest gains or losses, and the impact of stock sales on AMT.

Discover how to determine your basis in capital assets, tangible personal property, business assets, a partnership and corporation. Learn the role of basis in determining gains and losses reported on sold assets. Understand the effect of energy credits, deferred gain, gifts and inherited property on asset basis.

Navigating a K-1 is not as easy as it sometimes appears. As a partner or shareholder don’t miss deductions reported on the supporting schedules behind the front page of the K-1. Understanding the index, information on supplemental pages, and knowing your basis are all key to ensuring that deductions are not missed.

Yes, option trades are reported on your tax return. This presentation will define puts, calls, short sales, wash sales, and the tax reporting for each. The year the trade is reported and how the purchase and sell dates occur on Schedule D are also discussed.

This presentation addresses business income and expenses. Content can focus on organization, start-up, and/or income and expenses for an established business. New tax laws and pending regulations affecting businesses will also be addressed.

Whether you are self-employed or an employee you may be able to take a home office deduction if you use a portion of your home for business purposes. This presentation reviews the definition of a qualifying home office and eligible deductions. The impact of the home office on home sale gain exclusion and exchange will also be discussed.

Whether the company car is an employee fringe benefit or used by the self-employed business owner it provides tax saving deductions. The presentation will address the value of this benefit, need to keep records, valuation methods, deduction of actual expenses verses mileage, and special allowances and limitations.

Should you depreciate an asset or expense it using Section 179? This presentation discusses the acquisition, depreciation and retirement of business assets. Discuss depreciation methods, business strategies and recapture issues. Discover if you qualify for special depreciation allowances.

Is a partnership, LLC, S-Corporation or sole proprietorship the best entity structure for your business? The choice you make will determine not only what tax forms you file but what tax rules apply to your business. Learn the pros and cons of the different entity types at this presentation geared toward new businesses.

If you are in construction, engineering or architectural services, manufacturing, computer software development, or creating sound recording, you may be eligible for the domestic production deduction. Learn about the different cost allocation methods resulting in possible deductions of up to 50% of production wages or applicable percentage of production income. Discover the broad range of beneficiaries including individual shareholders, partners, sole proprietors and estates and trusts.

Employers as well as employees benefit from company fringe benefit plans. As with any ordinary and necessary expense, those that benefit employees can also be deducted by the business. The presentation will discuss the favorable tax effect of certain employee benefits and what is available to sole proprietors, partners and shareholders.

Let’s face it: sales tax in California is confusing. What is taxable in one sale is not in another. When do you need a reseller’s license? When are labor or internet sales subject to sales tax? This presentation will answer these questions and more in an overview of the California sales tax rules.

Find out how recent tax law and regulation changes will affect your business. Coverage will provide an update on legislative changes, court cases and IRS rulings that impact various professions and their clients.E

Whether you are a business or individual, when it comes to taxes good record keeping is the best protection you can have if audited. Auditors rarely accept a fact based on what you tell them. They want to see the document. Learn what documents are needed for tax preparation, how long documents should be retained and the advantages of maintaining good records.