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Comprehensive Passive Activity Losses (PAL) 25-26

 Various
 
8.0
Registration is Open
Member Price
$329.00 Regular Registration
Your Price
$439.00 Regular Registration
This course is being offered on multiple dates, listed below. Click the Register button next to your preferred date to register.
 Tue, 07/22/2025 from 11:00 am to 6:30 pm
 Thu, 08/14/2025 from 9:00 am to 4:30 pm
 Thu, 08/14/2025 from 11:00 am to 6:30 pm
 Thu, 10/30/2025 from 9:00 am to 4:30 pm
 Thu, 10/30/2025 from 11:00 am to 6:30 pm
 Thu, 11/20/2025 from 9:00 am to 4:30 pm
 Thu, 11/20/2025 from 11:00 am to 6:30 pm
 Thu, 12/18/2025 from 9:00 am to 4:30 pm
 Thu, 12/18/2025 from 11:00 am to 6:30 pm
 Thu, 01/22/2026 from 9:00 am to 4:30 pm
 Thu, 01/22/2026 from 11:00 am to 6:30 pm
Designed For:

Tax professionals, CPAs, accountants, and other financial professionals looking to expand and update their understanding and knowledge.

Prerequisite:

General knowledge of individual/business income taxation and how they relate to passive activity laws.

Passive Activity Loss (PAL) rules have never been more critical in Federal tax reporting. This course provides a comprehensive and complete review of the laws and regulations impacting PALs, including the rules governing rental real estate, grouping and the 3.8% net investment income tax. Learn what qualifies as a passive activity and the rules governing its application by exploring several recent court cases and the existing regulations to know how the IRS views this critical area of the tax law. The IRS is actively auditing the failure to report passive losses properly. You and your clients can?t afford to be left behind.

Delivery Method: Individual webcast
CPE Credit: Taxes
Program Level: Intermediate

Sponsors

For Technical Support: 
Please contact the CalCPA Help Desk at (866) 928-8915, [email protected] . Allow 1 business day for email responses

Objectives

  • Identify trade or business activities subject to the PAL rules and how the general PAL rules operate.
  • Determine the PAL rules that apply to the ownership of real estate .
  • Recognize the seven material participation methods of qualifying for active status.
  • Learn the six anti-abuse PAL rules that would recharacterize an otherwise passive gain as being active.

Speakers

Advanced Preparation

None.

Vendor

The Virginia Society of CPAs (VSCPA) 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: NASBARegistry.org.

For more information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call (800) 733-8272.