This fast-paced, one-day course covers the latest developments in federal taxation,
updated bi-weekly, with emphasis on real-world applications. The program offers an
in-depth discussion of important items covered during the preceding twelve months on
Kaplan’s Current Federal Tax Developments website. Emphasis on current issues, planning,
and strategy keeps participants interested all day. Participants will learn how to avoid
penalties, how to use IRS Frequently Asked Questions to answer tough questions relating
to new laws, and how to plan with regulations. The course will include and offer guidance
on other issues such as recently passed legislation and much more
DESIGNED FOR
Tax advisors in public practice and corporate tax departments who want an up-to-the
minute review of federal tax developments delivered in plain English
BENEFITS
- Understand and work with tax law changes.
- Analyze court decisions, IRS Notices, Revenue Rulings, and Revenue Procedures for
application to clients’ tax planning and compliance.
- Be aware of IRS audit issues.
- Assess pending legislation.
- Anticipate and create opportunities for tax reduction.
- Avoid penalties IRC Sec. 6662 imposes on careless taxpayers.
HIGHLIGHTS
- Tax legislation passed by Congress
- New Treasury Regulations, Revenue Procedures, Revenue Rulings, Notices, and so on
- Letter Rulings and Technical Advice Memoranda of interest to clients
- Court decisions that affect average taxpayers who retain the services of a CPA
- IRS Initiatives, Audit Technique Guides, Office of Professional Responsibility,
and other targeted programs
- Practice aids, checklists, examples, and new forms
COURSE LEVEL
Update
PREREQUISITES
General tax knowledge.
ADVANCE PREPARATION
None