TaxSpeaker Preparing for 2020 Returns NOW

TaxSpeaker – Preparing for 2020 Returns NOW

Dates: July 29, 2020 – 8 am to 4 pm CST
Price: Member of ASTP – $150.00
Staff of a Member of ASTP – $165.00
Non-Member of ASTP – $175.00
CPE Hours: 8 Hours Tax
Level: Intermediate

Due to public health and safety concerns resulting from the COVID-19 health emergency, the TaxSpeaker – Preparing for 2020 Returns NOW will be offered in a Live Society Webinar (this is NOT a recorded presentation). You can ask questions during the class just like an in-person class and they will answer them, live, as they are able, just like an in-person class.

PPP Loan forgiveness: the rules, the forms and examples:
They will walk you through the rules, lines and guidance of the PPP Loan Forgiveness Application including examples in order to maximize your clients tax benefits.

CARES Act immediate 2020 changes:
On March 27, 2020 the President signed the CARES Act, the biggest funding bill in the history of the United States. Over 880 pages deep, there is an incredible amount of information, of which fully 50% will affect tax professionals. During this overview class they will discuss, with examples, the significant retirement withdrawal changes for loans, penalties and RMD’s; the Recovery (or Rebate) checks-who gets what, when, and how; the 50% employee retention credit; the small business loan program; changes to NOL and business interest deductions; the qualified improvement property fix; and more.

Incredible coming estate and gift changes:
This section reviews estate and gift tax changes and new amounts as established by Congress. It also reviews rudimentary estate and gift tax planning ideas such as gifting strategies, medical exclusions, education exclusions and gift splitting. An overview of basic gift and estate tax rules and planning concepts is provided in an example form in this short review class.

Working remotely: the how to guide, and more importantly, how to do it securely:
They will walk you through the steps, the software, the hardware and the backbone needed to make sure you are able to efficiently, securely and safely work from home and setup employees to work from home. We include a telecommuting written policy guide and actual hardware and software recommendations.

Planning for clients with reduced 2020 income:
They will end the webinar with tax planning ideas for reduced income-5 great plans and ideas to get some current tax benefits out of an admittedly bad low-income situation.

Earn Live CPE Credit.

You must have a high-speed internet connection, speakers connected to your computer, headphones or call in for audio and a monitor.

If you have more than 1 person PAID FOR and REGISTERED for the streaming webinar and all would like to watch from the same computer, please complete the Proctor Form and return to us AFTER completion of the webinar in order to receive CPE credit. Each PAID and REGISTERED attendee will receive their own log in information for CPE Credit. Multiple logins by one person will be disconnected immediately.

You can log in 10 minutes early. Please note-you will not see or hear the speaker until the prompt start time.

All streaming webinars times listed are Central Time Zone. Please adjust to your time zone.

You will be provided with an E-Book and slides. (A printed book is available for $30.00. Deadline to order this will be July 21, 2020)
A Zoom account link will be provided to all paid attendees.

This Webinar is limited to 500 attendees.

Bob Jennings CPA, EA, CFP
Bob is a nationally renowned author and speaker, presenting continuing education classed to over 100,000 tax professionals over the last 20 years all over the world. Bob is a licensed CPA (Indiana), and an IRS Enrolled Agent. Bob is also a prolific author and has published over 60 professional articles in such magazines as the Journal of Accountancy as well as many other professional and consumer publications; annually authors several tax, accounting and technology manuals; and is a regular columnist for As the founder of his own regional CPA firm in 1984. Bob has dealt exclusively with individual and small business financial issues for over 30 years. Bob appears regularly in the media and has been quoted extensively by numerous publications. He has recorded an extensive number of information videos, DVD’s and instructional clips available on his website at

Terry Bakker CPA, EA
Terry O’Leary Bakker CPA, EA, LTC 67985-C is the owner of O’Leary’s Tax Service, Ltd. In downtown Vancouver, Washington, across the river from Portland, Oregon. Terry graduated with her BS in Business Administration: Accounting from Portland State University in 1988 and has worked in tax ever since. Terry is an Enrolled Agent and a CPA licensed in Washington and Oregon. In addition to running an active tax practice serving the needs of individuals and small business. Terry has a commitment to the profession. She is a Past President of the Oregon Association of Independent Accountants, as well as holding other positions, including head of the Education Committee. As part of her commitment, she teaches the Enrolled Agents Preparation course for her Association and has spoken for all of the tax preparation associations in Oregon.

See individual course objectives;
PPP Loan forgiveness: the rules, the forms and examples (2 Hours)
CARES Act immediate 2020 changes (2 Hours)
Incredible coming estate and gift changes (1 Hour)
Working remotely: the how to guide, and more importantly, how to do it securely (2 Hours)
Planning for clients with reduced 2020 income (1 Hour)

Fees and Schedule – This TaxSpeaker/American Society of Tax Professionals Sponsored Internet-Live webinar will begin and end promptly at state time (Central Time Zone). All 8-hour webinars will break for lunch, and have 2, 10-15-minute breaks.
Attendees must log in on time, remain logged in for the full length of the webinar, and answer 75% of all polling questions to obtain full CPE Credit.

Jennings Advisory Group, LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBA Sponsor #108251

American Society of Tax Professionals has entered into an agreement with the Return Preparer Office, Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the Return Preparer office as to the quality of the program or its contribution to the professional competence of the enrolled individual. IRS Sponsor Number T0BDV