Strategies to help return reviewers quickly identify common errors that practitioners make on individual tax returns, developed with H.R. 1 in mind.
DESIGNED FOR
- CPA firm partners and managers tasked with reviewing individual tax returns
- CPA firm staff tasked with preparing individual tax returns
- CPA sole proprietors specializing in individual taxation
BENEFITS
- Determine the proper tax treatment for certain rental property activities.
- Distinguish between hobbies and businesses.
- Identify the warning signs that a client might have unreported income.
- Determine proper tax return reporting of a like-kind exchange transaction.
HIGHLIGHTS
Qualified business income deduction
Temporary senior deduction
State and local tax deduction
Hobby losses
Self-employment health insurance
Business startup costs
Depreciation
Schedule C issues
Like-kind exchangesTAKE THEIR WORD FOR IT…
Past attendees say:
- More fun than just reading and listening
- Enjoyed taking this class. Thanks you.
PREREQUISITES
Experience with individual tax return preparation
ADVANCE PREPARATION
None