- NY Credits : 7.0
- TX Credits : 7.0
- CTEC Credits : Federal Tax Law - 6.0
- IRS Enrolled Agent Credits : Federal Tax/Tax Related Matters - 6.0
- IRS Non-Credentialed Return Preparer Credits : Federal Tax - 6.0
Companion to PPC's Guide to Homeowners' Associations - Course 3 - Financial Statement Presentation and Income Taxes (HOATG173)
Identify the general accounting considerations that apply toCIRAs, the basic financial statements they use, and the supplementary information that such organizations may be required to present.
Identify the principles of tax law that apply to all types of CIRAs.
Determine the rules that apply to CIRAs filing Form 1120-H.
Identify the rules that apply to CIRAS filing Form 1120.
Recognize appropriate methods for dealing with tax-exempt CIRAs, cooperative housing corporations, master associations, timeshare developments, commercial developments, and specialized tax situations that may occur with CIRAs.
Lesson 1—Financial Statement Presentation
Lesson 2—Income Taxes