LEA Global Tax Levels Training

Join us for Tax Levels Training to get your team ready for tax season! This program covers a broad range of topics from individual taxation to business as well as partnership taxation to state & local taxation. Entry-level associates to those with advanced levels of experience will benefit from this training.

Review the session details below and secure your spot today!

Please note, the course material focuses on U.S. tax law and is geared towards those that work on U.S. taxes.

Level 1

The tax level 1 program is designed for tax professionals with 0-1 year of tax experience. This program provides learning opportunities on individual and corporate tax topics to include an introduction to S corporations, corporations, trusts & estates, 1040s, state and local taxes, credits & incentives and more. There is also a session included to enhance participants’ essential professional time management skills.

Agenda

Tuesday, December 5, 2023 | 8:00 am - 5:00 pm

Introduction to IRS Procedures/Answering Notices | James Pickett - Bennett Thrasher
Time Management Basics | Andrea Mavrogianis - Marcum
Reading Operating Agreements/Capital Accounts | Jenna Walker - Bennett Thrasher
Depreciation Concepts | Kim Polaski - Marcum

Wednesday, December 6, 2023 | 8:00 am - 5:00 pm

Introduction to S Corporations | Kim Polaski - Marcum
Introduction to C Corporations | Kim Polaski - Marcum
Introduction to Trust & Estate | Rajiv Punj - Marcum
Tax Research | Ben Bowers - Bennett Thrasher

Thursday, December 7, 2023 | 8:00 am - 12:45 pm

Introduction to 1040 | Ben Bowers - Bennett Thrasher
Introduction to SALT | Zac Quezada - Marcum
Introduction to Credit & Incentives | Barry Halpern - Marcum

Topics Covered

Tax Policy, Research & Controversy
- IRS Procedures & Answering Notices
- Tax Research Basics
Individuals & Fiduciary
- Introduction to Trust & Estate
- Introduction to 1040
Business Tax
- Reading Operating Agreements
- Introduction to Partner Capital Accounts
- Introduction to S Corporations
- Introduction to Corporations
State & Local Tax
- Introduction to SALT
- Introduction to Credits & Incentives
Accounting Methods
- Depreciation Concepts
Essential Professional Skills
- Time Management

CPE Information

Program Learning Objectives: To enable participants to prepare basic individual and corporate tax returns and to begin to recognize more complex tax issues.

Audience: Tax staff in public accounting with 0-1 year of experience 

CPE Credits: 24 CPE Credit Hours

Fields of Study: Taxes - Technical; Professional Development- Non Technical

Level: Basic

Delivery Method: Group Live

Prerequisites: Basic knowledge of individual and business entity taxation 

Advance Preparation: None

Level 2

The tax level 2 program is designed for tax professionals with 1 - 2 years of tax experience. This program provides learning opportunities on intermediate individual, corporate, and other entity type tax topics to include partnership allocations, 1031 exchanges, inventory (UNICAP), an introduction to international tax and more. There is also a session included to enhance participants’ essential professional problem solving skills.

Agenda

Tuesday, December 5, 2023 | 8:00 am - 5:00 pm

Basic Provisions: Part 1 | Amy Hess - Bennett Thrasher
Basic Provisions: Part 2 | Amy Hess - Bennett Thrasher
Basic Provisions: Part 3 | Amy Hess - Bennett Thrasher
Introduction to International Tax | James Parks - Bennett Thrasher
Cryptocurrency Tax Considerations | James Parks - Bennett Thrasher

Wednesday, December 6, 2023 | 8:00 am - 5:00 pm

Partnership Allocations: Part 1 | Jenna Walker - Bennett Thrasher
Partnership Allocations: Part 2 | Jenna Walker - Bennett Thrasher
Partnership Allocations: Part 3 | Jenna Walker - Bennett Thrasher
Passive Activity Losses | Steve Bokiess - Marcum
1031 Exchanges | Steve Bokiess - Marcum

Thursday, December 7, 2023 | 8:00 am - 12:45 pm

Inventory (UNICAP) | Kim Polaski - Marcum
Innovative Problem Solving | Andre Mavrogianis - Marcum
Income & Expense Capitalization | Mike McDonald - Marcum

Topics Covered

Business Tax
- Partnership Allocations
- Passive Activity Losses
- 1031 Exchanges
International Tax
- Introduction to International Tax
Accounting Methods
- Inventory (UNICAP)
- Income & Expense Capitalization
- Cryptocurrency Tax Considerations
Essential Professional Skills
- Problem Solving

CPE Information

Program Learning Objectives: To enable participants to become familiar with key tax rules impacting individuals and business entities in order to efficiently and effectively prepare increasingly complex individual and corporate tax returns.

Audience: Tax staff in public accounting with 1-2 years of experience 

CPE Credits: 24 CPE Credit Hours 

Field of Study: Taxes - Technical; Professional Development- Non Technical

Level: Intermediate

Delivery Method: Group Live

Prerequisites: Basic knowledge of individual taxation. Completion of Tax Level 1 Training Program or equivalent.

Advanced Preparation: None

Level 3

This tax level 3 program is designed for tax professionals with 2 - 3 years of tax experience. The program includes sessions on IRS audit preparation, section 199A, corporate reorganizations, trusts & estates, inbound international taxation, compensation and benefits and more. There is also a session included to enhance participants’ essential professional project management skills.

Agenda

Tuesday, December 5, 2023 | 8:00 am - 5:00 pm

Section 199 | Jenna Walker - Bennett Thrasher
704(c) Methods | Jenna Walker - Bennett Thrasher
Corporate Reorganizations: Part 1 | Andrew Finkle - Marcum
Corporate Reorganizations: Part 2 | Andrew Finkle - Marcum

Wednesday, December 6, 2023 | 8:00 am - 5:00 pm

Accounting to Income Taxes | Amy Hess - Bennett Thrasher
Trust & Estates | Rajiv Punj - Marcum
Inbound International Taxation | James Parks - Bennett Thrasher
FIRPTA | James Parks - Bennett Thrasher

Thursday, December 7, 2023 | 8:00 am - 12:45 pm

Compensation & Benefits | TBD
IRS Audit Preparation | James Pickett - Bennett Thrasher
Project Management Basics | Andrea Mavrogianis - Marcum

Topics Covered

Tax Policy, Research & Controversy
- IRS Audit Preparation
International Tax
- Inbound International Taxation
- FIRPTA
Business Tax
- Section 199A
- Corporate Reorganizations
- Partner Capital Accounts
Compensation & Benefits
Individuals & Fiduciary
- Trusts & Estates
Accounting for Income Taxes (ASC 740)
Essential Professional Skills
- Project Management

CPE Information

Program Learning Objectives: To enable participants to handle pass through entities including S corporations and partnerships/LLCs and estate and trust issues as well as individual and corporate events in a more efficient and effective manner.

Audience: Tax staff in public accounting with 2-3 years of experience 

CPE Credits: 24 CPE Credit Hours 

Field of Study: Taxes - Technical; Professional Development- Non Technical

Level: Intermediate

Delivery Method: Group Live

Prerequisites: Basic knowledge of taxation of estates and trusts, S corporations, partnerships and LLCs. Completion of Tax Level 2 Training Program or equivalent.

Advanced Preparation: None

Level 4

The tax level 4 program is designed for tax professionals with 3 - 4 years of tax experience. The program includes sessions on mergers & acquisitions, S corp stock redemptions & distributions, change in accounting methods, charitable lead trusts, an introduction to transfer pricing, outbound international taxation and more. There is also a session included to enhance participants’ essential professional task delegation and team motivation skills.

Agenda

Tuesday, December 5, 2023 | 8:00 am - 5:00 pm

Introduction to M&A | Andrew Finkle - Marcum
Sales & Use Tax Basics | Zac Quezada - Marcum
Introduction to Transfer Pricing | TBD
Change in Accounting Methods | Mike McDonald - Marcum
Art of Delegation | Andrea Mavrogianis - Marcum

Wednesday, December 6, 2023 | 8:00 am - 5:00 pm

S- Corp Stock Redemptions & Distributions | Mike McDonald - Marcum
Charitable Lead Trusts | Rajiv Punj - Marcum
Partnerships: Guaranteed Payments, Liquidating Distributions & Partner Retirement | Steve Bokiess - Marcum
Motivating Others | Andrea Mavrogianis - Marcum
Client Entity Selection - Examples | Andrew Finkle & Mike McDonald - Marcum

Thursday, December 7, 2023 | 8:00 am - 12:45 pm

State Apportionment | Zac Quezada - Marcum
Outbound International Taxation | Jenna Walker - Bennett Thrasher
Client Spotlight Stories/Activity | Andrew Finkle - Marcum & Jenna Walker - Bennett Thrasher

Topics Covered

Business Tax
- Mergers & Acquisitions
- Guaranteed Payments, Liquidating Distributions and Partner Retirement
- S Corp Stock Redemptions & Distributions
- Client Entity Selection
State & Local Tax
- Sales & Use Tax
- State Apportionment
Accounting Methods
- Change in Accounting Methods
International Tax
- Introduction to Transfer Pricing
- Outbound International Taxation
Individuals & Fiduciary
- Charitable Lead Trusts
Essential Professional Skills
- Task Delegation
- Motivating Others

CPE Information

Program Learning Objectives: To provide participants the technical knowledge important to working with clients in a tax advisory role.

Audience: Tax staff in public accounting with 3-4 years of experience or more

CPE Credits: 24 CPE Credit Hours 

Field of Study: Taxes - Technical; Professional Development- Non Technical

Level: Intermediate/Advanced

Delivery Method: Group Live

Prerequisites: Intermediate knowledge of individual and corporate taxation. Completion of Tax Level 3 Training Program or equivalent.

Advanced Preparation: None

Fees & Accomodations

The Tax Levels Training program will be hosted at The Q Center in St. Charles, IL. The fee to attend is $1500 per delegate and includes meals, training materials, and hosted socials. Hotel accomodations can be booked directly with the Q Center using this link.

Program Fee: $1500 per delegate. Includes meals, training materials, and hosted socials.
Hotel accommodation: Standard room $140 per night, payable directly to the Q Center.
Airport Shuttle: Ground transportation to and from O'Hare International Airport or Midway International Airport is available via A-1 Transportation.
Program Capacity and Waitlist: Each level has a maximum capacity of 60 delegates. If we exceed 60 delegates in a level, we will maintain a waitlist and accommodate openings on a first come, first served basis.
Cancellation Policy: The program fee is fully refundable if cancelled on or before Friday, October 6, 2023. Non-refundable after October 6, 2023 unless the spot is filled by another delegate.