Tax advisors will be fully updated on the most important legislative and regulatory developments of the season as well as major trends and changes in the case law, with a view toward planning considerations. This course is continually updated to reflect enacted legislation.
CPAs who need to know the latest tax law changes in all areas of practice, whether newly licensed or a seasoned professional
- Understand the latest tax law changes.
- Understand strategies and techniques for individuals to use in light of tax changes.
- Understand current cases and rulings affecting individuals and businesses.
- Comprehensive coverage of the Inflation Reduction Act, including:
The Clean Vehicle Credit, Credit for Previously Owned Clean Vehicles, Credit for Qualified Commercial Clean Vehicles, Residential Clean Energy Credit, Energy Efficient Home Improvement Credit, Premium Tax
Credit, and Prevailing Wage and Apprenticeship Requirements
- Comprehensive coverage of the SECURE 2.0 Act, including:
Expanding Enrollment in Retirement Plans, Increase in Age for Required Beginning Date for Mandatory
Distributions, New Exceptions to Penalty-Free Withdrawal from Retirement Plans, and recent IRS guidance
- Timely coverage of breaking tax legislation
- New Form 1099-K reporting requirements
- Detailed analysis and examples of Sale of Passthrough Entity Interest and Net Investment Income Tax
- Bonus Depreciation in 2023
- Section 163(j) in 2023
- Section 174 Research and Experimental Expenditures
- Residency and Domicile
- Selling a principal residence, including tax planning strategies
- Virtual currency, including recent developments regarding NFTs, new Form 1099-DA, and recently released proposed regulations regarding new IIJA broker reporting requirements
- New FinCEN reporting requirements in 2024
- Practice aids, including all the numbers applicable for the current year -- inflation-adjusted amounts, mileage rates, retirement contributions, and more
- Advanced practice, reporting, and other issues intertwined with advanced planning and discussion ideas
Experience with individual and business clients
- Qualifies for CFP credit
- Qualifies for IRS credit