Passive Activities: Becoming a Tax Ninja, Part 2 Webcast [TSPA2]
Subject:
Time: 10:30am-12:15pm
Credit Hours:
2.00Price:
Member: $120.00
Non-member: $150.00
Discussion Leader:
George Koutelieris & Greg WhiteGeorge Koutelieris, CPA, is a shareholder with the firm Johnson & Shute P.S. He subsequently received his Master’s in Taxation from Golden Gate University graduating with Highest Honors in 2010 and being awarded the Outstanding Graduate Tax Student Award for the Seattle campus of Golden Gate. He is currently an Adjunct Professor at Golden Gate University teaching various tax courses. George’s practice includes planning and consulting on complex transactions including formations, liquidations, mergers and acquisitions, purchase and sales, multi-state and international tax for closely held businesses and their owners. In addition, George provides compliance and representation services before the IRS and various state taxing agencies for clients. George is also an active speaker on various tax topics, having presented in the past for Golden Gate University, the Washington Society of Certified Public Accountants, the Alaska Society of CPAs and the Oregon Society of Certified Public Accountants.
Greg White, CPA, has practiced tax accounting for more than 35 years. He is founder, shareholder, and President of CPA firm WGN, P.S. in Seattle, Washington, which serves a successful entrepreneurial client base. He also owns and operates State of the Art Tax, LLC, a tax education company. Greg is in his twelfth year as an Adjunct Professor at the Golden Gate University’s Seattle Campus. Greg is licensed to practice in and has argued cases before the U.S. Tax Court. He has been named a “Top 50” IRS Practitioner by CPA Magazine. Greg has extensively presented tax CPE, predominantly on the west coast, over the last decade and has written and presented live courses and webinars for CCH and others nationally. He has presented tax topics in the Pacific Northwest on TV including spots on KOMO TV and King TV.
Full Description
Passive Activities: Becoming a Tax Ninja, Part 2 Webcast (TSPA2)November 21st, 2024 / 10:30 am 12:15 pm
Live Webcast / Zoom
Join experts Greg White, CPA, and George Koutelieris, CPA as they walk you through the latest techniques for minimizing the impact of the passive activity rules. Well look at all seven different methods of satisfying the material participation rules, and what recent case law tells us about the how these rules work. Well discuss which time counts for material participation (and which time does not count) and how to document the time that clients spend.
Major Topics:
- The seven ways to satisfy the "material participation" rules
- Deep dives into the facts and circumstances material participation rule and the significant participation activity methods.
- Which time counts toward material participation (and which time doesnt count).
- How to document material participation.
Learning Objectives:
- Identify the different ways of satisfying the material participation rules.
- Identify the detailed requirements of the facts and circumstances material participation test and the significant participation activities test.
- Compute time that counts towards material participation and time that doesnt count.
- Identify methods of documenting material participation.
Designed For: CPAs and tax staff in public and private practice
CPE Credits: 2, Taxation
Level of Knowledge: Advanced
Prerequisite: None
Acronym: TSPA2
Discussion Leader: Greg White, CPA & George Koutelieris, CPA