If your clients are like most taxpayers, they may not understand the importance of determining when and how to report income and expenses for tax purposes. Reporting income and expenses in the proper period can generate valuable cash savings and avoid potential conflict with the IRS. Join us to learn more about recent developments in the area of accounting methods and periods, and learn what your clients should be doing to assure they're making the most of their revenue and expense recognition methods.
- Outline the ins and outs of accounting methods and periods
- Discuss current trends, developments and opportunities
- Review the process and requirements for adopting and changing of accounting methods applications
CPE Credits: 1
Field of Study: Taxes
Level of Knowledge: Basic
Delivery Method: Web-Based Group Session
These are web-group seminars. No prerequisites or advanced preparation required. For information regarding refund, complaint and program cancellation policies, please contact Jason McKeever at 701.476.8773.
With a law degree and years of federal, state and international tax experience, Andrea provides a depth of expertise to Eide Bailly clients that is simply hard to find. Her main area of focus is on accounting method issues, such as income and expense recognition, capitalization, Section 199 and inventory issues. She also has experience advising clients on issues related to the taxation of financial products and alternative investments.