Syllabus
CPA Tax Compliance and Planning (TCP) Prep Course
101 lessons. Online and self-paced.
Advanced Individual Compliance
Apply advanced individual income, deduction, and payment rules to determine federal tax consequences.
- 1Stock Option Tax Consequences
- 2Restricted Stock Compensation Awards
- 3Individual Imputed Interest Income
- 4Flexible Spending Account Elections
- 5Health Savings Account Taxation
- 6Overseas Compensation Tax Treatment
- 7Advanced Itemized Deduction Calculations
- 8Noncash Charitable Contribution Deductions
- 9Alternative Minimum Taxable Income
- 10Children's Unearned Income Tax
- 11Individual Estimated Tax Payments
Individual Planning and Losses
Develop individual tax projections and apply loss limitations in their required sequence.
- 12Individual Income Timing Strategies
- 13Individual Deduction Timing Strategies
- 14Standard Versus Itemized Deductions
- 15Year-End Individual Tax Projections
- 16Amounts At Risk Determination
- 17At-Risk Loss Limitation Calculations
- 18Suspended At-Risk Loss Recovery
- 19Passive Activity Classification Tests
- 20Rental Activity Loss Exceptions
- 21Passive Loss Utilization and Dispositions
- 22Integrated Individual Loss Limitation Schedules
Gifts and Financial Planning
Evaluate gift tax consequences and personal financial alternatives in light of individual objectives.
- 23Annual Gift Exclusion Eligibility
- 24Gift Tax Marital Deduction
- 25Taxable Gifts and Unified Credit
- 26Noncash Gifts and Estate Reduction
- 27Qualified Retirement Plan Comparisons
- 28Traditional and Roth Retirement Choices
- 29Retirement Distributions and Rollovers
- 30Tax Characteristics of Investment Options
- 31After-Tax Investment Return Comparisons
- 32Post-Secondary Education Funding Choices
- 33Insurance Needs and Tax Consequences
- 34Asset Ownership and Estate Transfers
- 35Beneficiary Designation Planning
C Corporation Compliance
Calculate C corporation loss utilization, shareholder transaction consequences, and consolidated return adjustments.
- 36Corporate Net Operating Loss Utilization
- 37Corporate Capital Loss Utilization
- 38Ownership-Change Loss Deduction Restrictions
- 39Corporate Property Contribution Qualification
- 40Corporate Contribution Basis Calculations
- 41Shareholder Loans and Corporate Advances
- 42Current and Accumulated Earnings Profits
- 43Cash Distributions Beyond Earnings Profits
- 44Corporate Noncash Property Distributions
- 45C Corporation Liquidating Distributions
- 46Consolidated Return Eligibility Requirements
- 47Consolidated Taxable Income Calculations
International and S Corporations
Apply international corporate compliance concepts and calculate S corporation shareholder tax consequences.
- 48International Income Sourcing Rules
- 49Cross-Border Payment Withholding Requirements
- 50Controlled Foreign Corporation Tax Consequences
- 51Branches Subsidiaries and Permanent Establishments
- 52S Corporation Stock Basis Adjustments
- 53S Corporation Shareholder Debt Basis
- 54S Corporation Basis Schedule Verification
- 55S Corporation Property Contribution Consequences
- 56S Corporation Distribution Tax Calculations
- 57S Corporation Liquidating Distributions
- 58S Corporation Ownership Sale Allocations
Partnership Tax Compliance
Calculate partner basis and transaction consequences while applying partnership elections and ownership-change rules.
- 59Partnership Contributions and Initial Basis
- 60Partnership Liabilities and Outside Basis
- 61Partner Outside Basis Schedule Verification
- 62Partner Services and Guaranteed Payments
- 63Partnership Cash and Property Distributions
- 64Partnership and Partner Tax Elections
- 65Partnership Interest Transfers and Allocations
- 66Partnership Transfer Asset Basis Adjustments
Trusts and Exempt Organizations
Determine trust income taxation and analyze tax-exempt organization qualification and unrelated business income.
- 67Trust Classifications and Taxpayer Identity
- 68Trust Accounting Income and Corpus
- 69Trust DNI and Distribution Deductions
- 70Obtaining and Maintaining Tax Exemption
- 71Unrelated Business Income Classification
Entity Selection and Corporate Planning
Compare entity structures and evaluate formation, liquidation, and C corporation planning alternatives.
- 72Business Entity Legal Characteristics
- 73Business Entity Tax Selection
- 74Noncash Property Formation Alternatives
- 75Business Entity Liquidation Comparisons
- 76Corporate Loss Carryover Planning
- 77Corporate State and Local Taxes
- 78Corporate Estimated Tax Payment Planning
- 79Corporate Legislative Timing Strategies
- 80Corporate Shareholder Transaction Planning
Pass-Through Entity Planning
Evaluate S corporation elections and partnership transaction alternatives to support defensible planning recommendations.
- 81S Corporation Election and Termination
- 82S Corporation Built-In Gains Planning
- 83S Corporation Earnings and AAA Planning
- 84S Corporation Shareholder Transaction Planning
- 85Partnership Noncash Property Planning
- 86Guaranteed Payments Versus Distributive Shares
- 87Partnership Distribution and Exit Planning
Tax-Deferred Property Dispositions
Determine whether property transactions qualify for deferral and calculate gain recognition and replacement basis.
- 88Disposition Gain and Basis Reconciliation
- 89Like-Kind Exchange Eligibility Review
- 90Like-Kind Exchanges With Boot
- 91Like-Kind Replacement Property Basis
- 92Involuntary Conversion Qualification Requirements
- 93Involuntary Conversion Gain and Basis
Disposition Character and Related Parties
Determine disposition character, apply netting and installment rules, and analyze related-party adjustments.
- 94Sections 1245 and 1250 Recapture
- 95Section 1231 Netting and Lookback
- 96Section 1244 Stock Loss Treatment
- 97Installment Sale Gain Recognition
- 98Disposition Schedule Diagnostic Review
- 99Related-Party Ownership Attribution Calculations
- 100Related-Party Losses and Subsequent Sales
- 101Related-Party Sales and Imputed Interest