CPE Catalog & Events
CPE & Event Classes
MTCPA has literally thousands of live and online courses to help you satisfy your professional development needs. It is our goal that the classes offered through MTCPA will enhance your knowledge and help you become even more successful.
Each class from MTCPA can be taken live (In-Person) or virtual (Webcasts) - please make sure you are registering for the correct one.
Please click here to view our interactive Professional Development Catalog.
Advanced Audits of 401(k) Plans: Best Practices & Current Developments
Tuesday, November 8 8:00am - 4:00pm
Bozeman
8.00 Credits
Annual update of the changes affecting 401(k) plans Compliance issues associated with eligibility and enrollments, remittances, lack of oversight, compensation, vesting, etc. Best practices for engagement planning, internal controls, risk assessment, and detailed testing How to avoid common mistakes made while performing audit procedures Plan mergers and acquisitions Common audit reporting and disclosure issues The new audit standard for employee benefit plans
Basis Calculations & Distributions for Pass-Through Entity Owners Schedule K-1 Analysis
Tuesday, November 8 8:00am - 4:00pm
Bozeman
8.00 Credits
This session is taught using a Hands-On methodology. Real world examples and cases are used to demonstrate the complex income tax code and regulations to enhance the participants learning experience. Each attendee will receive the most comprehensive reference manual with numerous practice aids, real world examples, and case studies. Topics include but are not limited to: Detailed coverage of any new legislation affecting basis computations and distributions and changes to the schedule K-1s Line-by-line analysis of the Schedule K-1s to determine how the items affect a S shareholder’s stock and debt basis and a partner/member’s outside basis and where the items get reported on Federal individual income tax return The three loss and deduction limitations on the owner’s individual income tax return (i.e. basis, at-risk and other Form 1040 limitations) How cash or non-cash distributions affect the basis calculations and whether or not they are taxable to the owners Compare the tax treatment of the sale of a shareholder’s stock in a S corporation and a partner’s interest in a partnership What constitutes debt basis for a S corporation shareholder under the final regulations The tax ramifications of repaying loans to S corporation shareholders and on open account debt How recourse and non-recourse debt effect a partner or member’s basis calculations and amount at-risk
Financial Reporting Implications of the COVID-19 Pandemic
Wednesday, November 9 8:00am - 11:30am
Bozeman
4.00 Credits
Impairment accounting model for long-lived assets, including PP&E and goodwill Accounting for inventory and accounts receivable reserves Accounting for debt restructurings, including troubled debt restructurings, rent holidays, and other revisions to debt agreements Going concern evaluation and required disclosures Other financial statement presentation and disclosure issues
Federal Tax Update - C & S Corporations, Partnerships & LLCs (Form 1120, 1120S & 1065)
Wednesday, November 9 8:00am - 4:00pm
Bozeman
8.00 Credits
This session is a comprehensive review of the Federal business income tax provisions and tax forms/schedules that will affect the 2022 tax returns and 2023 tax projections with an emphasis on newly enacted income tax legislation, court cases, and IRS guidance. Each participant will receive a comprehensive business income tax reference manual that includes numerous practice aids, real world examples, new Federal income tax forms and schedules, as well as Pat Garverick’s Quick Reference Chart. Topics include but are not limited to: Discuss the most recent business income tax legislation passed to date (e.g., American Rescue Plan Act, SECURE Act, CARES Act and COVID-related Tax Relief Act, Taxpayer Certainty & Disaster Relief Act and Tax Cuts & Jobs Act) Review numerous business income tax provisions including but not limited to the 20% qualified business income (QBI) deduction; changes to NOLs, §461(l) business loss limitations, §163(j) business interest deduction limitations, accounting method changes, depreciation, fringe benefits and entertainment expenses Brush up on issues related to compensation, distributions, liquidations, self-employment taxes and retirement plans Look at any changes to the Forms 1120, 1120S, and 1065 and other related schedules and forms
Guide & Update to Compilations, Reviews & Preparations
Wednesday, November 9 12:30pm - 4:00pm
Bozeman
4.00 Credits
SSARS No. 21, Clarification and Recodification, and updates to SSARS No. 21 due to the issuance of SSARS No. 23, Omnibus Statement on Standards for Accounting and Review Services SSARS No. 24, Omnibus Statement on Standards for Accounting and Review Services - 2018 SSARS No. 22, Compilation of Pro Forma Financial Information Comprehensive sample engagement work programs for every level of SSARS No. 21 service Complete illustrations of engagement letters, management representation letter, reporting and other required communications for every level of SSARS No. 21 service Quality issues related to SSARS No. 21 engagements Proposed changes to the SSARS
Federal Tax Update-1
Monday, January 9 8:00am - Tuesday, January 10 4:30pm
Missoula
16.00 Credits
Individual Taxes - Day 1 - TBDBusiness Taxes - Day 2 - TBD
Federal Tax Update-2
Monday, January 16 8:00am - Tuesday, January 17 4:30pm
Billings
16.00 Credits
Individual Taxes - Day 1 - TBDBusiness Taxes - Day 2 - TBD