Drake CPE

02/15/2022

No good deed goes unpunished, including the giving of gifts. In this 1-hour self-study course, you can unearth when a gift tax filing may be required and help your clients know how they can respond.

No good deed goes unpunished, including the giving of gifts. But as a tax professional, you can unearth when a gift tax filing may be required and help your clients know how they can respond. By the end of this course, you should be able to: Recognize the circumstances that trigger the filing of fed...

02/07/2022

Ethical Issues: A Tax Preparer’s Scope, Duties, and Best Practices

We all want to do the right thing. In this brand new course on DrakeCPE, examine the ethical duties and sanctions covered by IRS Circular No. 230, and analyze real-world scenarios focusing on specific ethical issues you may encounter.

To help you understand your ethical responsibilities in representing clients before the IRS and in preparing their tax returns, the IRS has published Treasury Department Circular No. 230, which: • Sets forth rules relating to the authority to practice before the IRS, • Identifies the duties and ...

12/30/2021

DEADLINE TOMORROW! Just two days left to earn your record of completion for 2022. Visit https://www.drakecpe.com/2021-annual-federal-tax-refresher-course-aftr to get started today!

12/17/2021

Attention unenrolled tax return preparers: Only two weeks left to earn your 2022 Record of Completion through the IRS Annual Filing Season Program (AFSP).

Visit DrakeCPE.com to learn how our bundles can help you meet all AFSP requirements AND SAVE $40!

https://www.drakecpe.com/2021-annual-federal-tax-refresher-course-aftr

12/16/2021

NEW Course on DrakeCPE! Schedule C is primarily used by individuals to report profit or loss from trade or business activity. Important considerations include the determination of whether a trade or business is conducted with the required continuity, regularity, and profit motivation – as well as verifying whether a taxpayer meets “at-risk” or passive activity loss deduction requirements. This course provides an overview of these Schedule C filing requirements and important considerations.

Schedule C is primarily used by individuals to report profit or loss from trade or business activity. Important considerations include the determination of whether a trade or business is conducted with the required continuity, regularity, and profit motivation – as well as verifying whether a taxp...

11/24/2021

The saying is true, nothing is certain but death and taxes. The better we understand the requirements associated with Tax Form 706, for Decedents Dying After December 31, 2020, the better we can serve our clients’ memories, their surviving families, or their executors with the level of knowledge, efficiency, and diligence the clients themselves came to expect of us in their lifetimes. Learn more in our new one credit hour self study course!

https://www.drakecpe.com/estates-and-trusts

11/16/2021

NEW Course! Individual taxpayers can deduct charitable contributions on their personal tax return if they meet certain requirements. The rules can be somewhat complex. This course provides guidance on the charitable contribution deduction, including information on recent federal tax legislation, which has enhanced the amount of charitable contribution taxpayers can deduct.

Individual taxpayers can deduct charitable contributions on their personal tax return if they meet certain requirements. The rules can be somewhat complex. This course provides guidance on the charitable contribution deduction, including information on recent federal tax legislation, which has enhan...

11/08/2021

With the costs of housing, healthcare, prescriptions, and other necessities being so high, the tax credit for the elderly and disabled may prove immensely valuable to your clients. This new course will help you recognize when an individual qualifies for the credit, know the amounts they might qualify for, and understand how refundable and nonrefundable credits apply to the tax credit for the elderly and disabled. We will go over key forms and look at some case studies.

With the costs of housing, healthcare, prescriptions, and other necessities being so high, the tax credit for the elderly and disabled may prove immensely valuable to your clients. This course will help you recognize when an individual qualifies for the credit, know the amounts they might qualify fo...

10/28/2021

NEW Course Available on DrakeCPE!

Representing Taxpayers Before the IRS

What are the best practices for successfully representing clients before the IRS? We’ll look at the key schedules, forms, steps and processes involved. This course focuses on the key elements to helping your clients resolve a collections case.

https://www.drakecpe.com/representing-taxpayers-before-the-irs

09/23/2021

Check out this helpful course on DrakeCPE!

Most Common Errors by Tax Preparers

This course explores the most common errors committed by tax preparers and how to avoid them. It will better prepare us to avoid errors and embarrassing situations.

1 CPE Hour – Federal Tax Law

"Information is simple easy to understand and very useful. I got at least 3 points I will put into practice."
- J

https://www.drakecpe.com/most-common-errors-by-tax-preparers-2021

07/13/2021

Attention unenrolled tax return preparers: Earn your 2022 Record of Completion through the IRS Annual Filing Season Program (AFSP).

Visit DrakeCPE.com to learn how our bundles can help you meet all AFSP requirements AND SAVE $40!

https://www.drakecpe.com/2021-annual-federal-tax-refresher-course-aftr

04/12/2021

NEW Course on DrakeCPE - American Rescue Plan Act Overview

The American Rescue Plan Act of 2021 (ARPA) was signed into law in March 2021 to provide additional relief for the continued impact of COVID-19. This webinar, presented by John Sapp, CPA, provides an overview of the federal tax provisions in ARPA.

1 CPE Hour - Federal Tax Law

https://www.drakecpe.com/american-rescue-plan-act-overview