2.0 CPE This course looks at the important subject of client representation before the IRS. Practice before the IRS addresses the nature of practice before the IRS, identifies those permitted to engage in such practice and examines the power of attorney under which a taxpayer authorizes another to engage in it on his or her behalf.
Learning Objectives
- Discover and distinguish between the types of qualified employee plans.
- Recognize the limits imposed on qualified employee plan contributions and benefits.
- Identify and list the requirements applicable to qualified employee plan loans.
- Discover and apply the federal tax laws to qualified employee plan contributions and distributions.
- Recognize the tax treatment of nonqualified annuity distributions.
- Identify the tax treatment of annuity contributions and distributions.
Last updated/reviewed: March 9, 2024
17 Reviews (67 ratings)
Reviews
Lucas Kysely
( at Edcetera)
Good course overall. Some of the material is getting dated (referring to 2022 rules and amounts)
Dan Poaletti
( at DP Tax)
Lots of quality information on different retirement accounts, but the slides could use some more examples and stories to demonstrate the principles. Some of the exam questions are wrong: asking for elective deferrals instead of catch-up contributions; or for distribution taxability vs. subject to additional penalties.
Robert Fazio
( at Regent Peak Wealth Advisors)
This is a good course going through the limits of contributions and taxable status of distributions for various accounts. That said, much of the course is fixated on 2022 IRS limits, which have become quite stale. It would be great for this course to be updated to reflect current limits.
Nafisah Fudaeel
(Owner at Tax Roadmap)
This course was very informative. It was easy to follow and very thorough. The instructor was clear and understandable. The slides were very clear and visually appealing.
Chun Saul
( at None)
I am taking the course in March 2024. The course material is prepared for 2022 tax year. For a tax course, the material should be updated for the most recent tax year.
Christopher Chomic
(Director of Finance at Advanced Plumbing Technologies)
good information and examples for tax treatments of retirements plans, pensions, and annuities. Gave good examples of the various treatments for different situations.
Anonymous
(Owner)
This is an area of the tax law that is very complicated. This course provided a good general overview of the rules in an organized fashion.
Anonymous
(Owner)
A lot of really good information. A lot covered in just over an hour. Would definitely take more classes offered by this instructor.
Anonymous
(Accountant)
Too much verbal information not included in the slides; that can create confusion as
the focus is mostly on the slides.
Anonymous
(CPA)
Needs to be updated from 2022. Some of the answers to both the review questions and the exam questions are incorrect.
Anonymous
(Managing Member)
I enjoyed the course, but it moves very fast to cover complex nuances of the numerous types of retirement plans.
Anonymous
(Staff Accountant)
good spread of real life application and high level concepts; also good length for a quiz
Anonymous
()
This was good practice on real life calculations and the taxability of retirement plans.
Anonymous
()
I enjoyed this course and would recommend it to anyone who prepares tax returns.
Anonymous
()
slides needed to be updated for 2023/2024 values and rules to be helpful
Anonymous
()
Great course. Excellent information. Keep the good work. Thank you!!!
Anonymous
(Staff Acountant)
Very easy to follow and covers all of the main topics of each part
Prerequisites
Course Complexity: Foundational
No advanced preparation or prerequisites are required for this course.
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA
95113
Contact:
For more information regarding this course, including complaint and
cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to
.
Paul WinnCLU, ChFC, Instructor
About Illumeo
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- Email: info@illumeo.com
- Phone: 408-400-3993
- Adress: 1608 W Campbell
- Av #221, Campbell, CA 95008
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