Passive Activities: Becoming a Tax Ninja Part 2
Author: Greg White
| CPE Credit: |
2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 hours Federal Tax Law for CTEC |
Join expert Greg White, CPA, as he walks you through the latest techniques for minimizing the impact of the passive activity rules. We’ll look at all seven different methods of satisfying the “material participation” rules, and what recent case law tells us about how these rules work. We’ll discuss which time counts for material participation (and which time does not count) and how to document the time that clients spend.
Per the IRS Education Provider Standards this course must be COMPLETED by 12/31/2029 to receive credits. NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card
Publication Date: May 2026
Topics Covered
- The seven ways to satisfy the "material participation" rules
- Deep dives into the "facts and circumstances" material participation rule and the significant participation activity methods
- Which time counts toward material participation (and which time doesn't count)
- How to document material participation
Learning Objectives
- Identify the different ways of satisfying the material participation rules (there are seven in total)
- Identify the detailed requirements of the "facts and circumstances" material participation test and the "significant participation activities" test
- Recognize how to compute time that counts towards material participation and time that doesn't count
- Identify methods of documenting material participation
- Identify the rule that applies to spouse participation for material participation
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
None
Advance Preparation
None
