Satisfy your 2024 CPE requirements with DrakeCPE – there’s something for everyone!

DrakeCPE provides value-packed courses in various formats to suit your learning preferences. Explore some of the most popular options below from our library of over 60 courses. Topics include subjects in the federal tax, federal tax update, and ethics categories. To see the full library, visit DrakeCPE.com.

 

Federal Income Tax Changes 2024 - Up to 5 CPE hours

Delve into key tax changes, such as the SECURE Act 2.0 and inflation-adjusted limits, to prepare for the upcoming tax year.

 

Cannabis and Taxes - Up to 1 CPE hour

Explore the tax implications and controversial deductions of cannabis sales. With the rise in state legalization of cannabis sales, it's crucial to grasp your reporting responsibilities. Despite cannabis sales remaining illegal at the federal level, income from these transactions must still be reported for federal income tax purposes. We will discuss the changing landscape, your legal obligations, and practical steps you can take to safeguard yourself and your clients.

 

Erase the Penalty: A Tax Professional’s Guide to Abatement - Up to 2 CPE hours

Get best practice guidance for removing tax penalties. A retired IRS special agent shares insights on penalty abatement, common penalties, and how abatements could save clients significant amounts. Topics include reasonable cause, estimated tax penalties, and the IRS's evaluation process. Presented by Robert Norlander, CPA, author, speaker, and former IRS special agent.

 

Keeping Taxpayer Data Secure - Up to 3 CPE hours

Professional tax preparers handle a considerable amount of taxpayer information, which can be a prime target for cybercriminals. In this course, tax preparers will be introduced to the risks and costs of cybercrime, provided with strategies to minimize the likelihood of falling victim to cybercrime, and informed about the appropriate actions to take if they do become victims.

 

Taking Care of Business Bundle - Up to 6 CPE hours

Whether your clients are a corporation, a partnership, or an S corp, we’ll provide you with background on various structures, some key tax implications, and guidance on how to complete various forms and schedules.

 

Ethical Issues: A Tax Preparer’s Scope, Duties, and Best Practices - Up to 2 CPE hours

Consider the ethical duties and sanctions covered by IRS Circular No. 230 with real-world scenarios focusing on specific ethical issues you may encounter.

 

Ready to Retire: What your clients need to know Bundle - Up to 8 CPE hours

These bundled courses will equip you to assist clients with Social Security, retirement plans, and retirement income. Understand the history of Social Security, its impact on tax return preparation, and key financial planning considerations. Distinguish between qualified employee plans, understand the contribution and benefit limits, and recognize the tax treatment of nonqualified annuities. Recognize different retirement plans, RMD calculations, the use of Form 5329, inherited plan distribution rules, and tax planning strategies for retirees.

 

EITC Due Diligence - Up to 2 CPE hours

This course briefly summarizes the earned income credit rules, examines the common errors committed when claiming the credit, discusses the EIC due diligence requirements imposed on professional tax return preparers, and identifies the sanctions to which preparers and their employers may be subject for a failure to meet expected due diligence requirements.

 

Fundamentals of Tax Forms 1099-C, A, and K - Up to 2 CPE hours

Simplify the intricate aspects of debt cancellation, property abandonment, and third-party transactions. Gain insights into distinguishing between recourse and non-recourse loans, understanding exclusions and exemptions, and navigating foreclosures and repossessions with clarity to assist you in reporting these critical 1099 forms.

 

When Things Go Wrong & How to Fix It Bundle - Up to 5 CPE hours

Sometimes things go wrong, either by mistake or intention. In these courses, you’ll learn about things that can go wrong with a tax return, including criminal activity. You’ll find out how to fix some of the issues. And you’ll know how to help your clients if IRS collections are necessary.

 

Recognized as the CPA Practice Advisor Readers' Choice for Favorite CPE Provider, DrakeCPE delivers high-quality, flexible continuing education developed by industry experts. With IRS, NASBA, and CTEC accreditation, you can trust DrakeCPE to provide the knowledge you need at a great value. Explore our extensive course library and get started today at DrakeCPE.com!