SEPTEMBER 2006

Dear CCH Learning Center Subscriber,

Welcome to the September 2006 issue of Focus on Learning, the monthly newsletter for the CCH Learning Center, in which we provide insights on how to use the Learning Center to your full advantage.  In each issue, we highlight a course or series of courses on a timely topic, as well as advise you of new courses released in the CCH Learning Center.  We also inform you of new features, provide helpful tips on existing features, and help you use the CCH Learning Center to meet your professional development and CPE needs.

Attention CTEC Registered Tax Preparers
CCH is now an approved provider of distance learning with the California Tax Education Council (CTEC).  CE Credit for distance learning is based on a 100-minute hour under CTEC standards.  The CE awarded for CTEC Registered Tax Preparers (CRTPs) completing a Learning Center course can be found on the description page for each course under the Credit Available section. 

CCH must electronically report all CRTPs who complete courses to CTEC.  If you are a CRTP, and wish to earn Credit for courses you have completed through the Learning Center, we need your CTEC ID.  You may enter this information into your Learning Center profile by logging on and going to My Account.  Enter your ID number in the CTEC Number field and click "Continue."  CCH will begin reporting all courses you complete through the Learning Center to CTEC within 45 days of receiving this information. 

What's New
CCH has added the new Wealth Management Library to its growing line of Specialty Libraries.  The CCH Learning Center Specialty Libraries are practice area focused and cover a broad range of levels in the key topics of accounting and auditing, sales and use taxation, state taxation, tax return preparation and now wealth management.

This new library offers authoritative, comprehensive content to help professionals offer practical wealth management planning advice to their clients. Written by top experts in the field, these courses will offer timely coverage, in-depth analysis, and helpful practice aids, giving you the guidance you need to keep a step ahead of important issues impacting wealth management issues.  The library includes over 40 courses worth more than 125 CPE credits, or 110 Credits for CFP® professionals. The courses also include links to sources of additional information within CCH® Tax Research Network™ and Accounting Research Manager®.  Each course includes practice aids to help you apply what you have learned, including insightful articles that provide supplementary information on the course topic.  The courses address a wide range of wealth management issues, from strategic planning to preparing the appropriate tax forms, making this library perfect for anyone who wants a greater understanding of this growing and profitable practice area.

New Learning Center Core Library Courses
CCH is committed to keeping you up-to-date and knowledgeable on the latest issues that impact your firm or corporation.  Many new or revised courses, covering a wide range of topics, have been released to the CCH Learning Center Core Library over the past two months.  See the new or updated titles released to the Learning Center Core Library:

Specialty Library
Accounting and Audit Courses — In addition to the Accounting and Audit titles listed above, several new courses have been released exclusively to CCH’s Accounting and Audit Specialty Library.  This new Library covers a broad range of topics, including fraud, recently issued standards, and specialized areas, such as governmental auditing and not-for-profit organization audits.  The CCH Specialty Library: Accounting and Audit serves as a valuable research tool and helps practitioners meet their A&A CPE requirements.  New courses released exclusively to this library include: 

Course Spotlight
Travel and Entertainment: Expenses and Deductions (2006-2007)
Travel and entertainment expenses are common business deductions. Yet, the complex nature of the Internal Revenue Code and rules can make it difficult to determine the maximum allowable deductions. This course uses clear, detailed explanations and practical examples to help you better understand and maximize T&E deductions.  

Travel and Entertainment: Expenses and Deductions (2006-2007) guides you through the ins and outs of maximizing deductions for these common business expenses.  The course is clearly written and uses practical examples help you understand how the tax law is applied so you can you can determine what a correct deduction is and what is not.  Topics covered include:

  • The difference between business and personal expenses

  • Rules regarding the tax treatment of employee business expenses

  • Tax requirements that make an entertainment expense deductible

  • Limited deduction available for business gifts

  • Deductibility rules for meetings and conventions

  • Substantiation of expense requirements

Upcoming Courses
We will release many new courses in the CCH Learning Center in the weeks and months ahead to give you even more choices and more value. 

Among the new and updated courses that are in development now, look for courses in the following areas soon:

  • Accounting and auditing developments
  • Boomer planning
  • Compilation and review updates
  • Fraud
  • HSAs
  • Income tax preparation
  • Partnership and S corporation tax developments
  • Peer review
  • Recent tax developments
  • Tax research

 

Let Us Know What You Think

Please let us know if this Focus on Learning issue has been helpful for you.  We appreciate your business and we value your feedback very much, so please let us know how we can help make this communication vehicle and the CCH Learning Center even more valuable to you by emailing us at learningcenter@cch.com or calling us at 800-344-3734.

You may contact us via postal mail at CCH, Attn: Marketing Communications, 2700 Lake Cook Rd., Riverwoods, IL 60015.

Sincerely,

Gwendolen Hefty
Managing Editor, CCH Learning Center 
CCH Tax and Accounting Group

   

CCH Tax and  Accounting, a Wolters Kluwer Company

  © 2006 CCH.   All Rights Reserved.