Tax practitioners have been hard-pressed to keep up with recent legislation and new IRS guidance. In this course, 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.
DESIGNED FOR
CPAs who need to know the latest tax law changes in all areas of practice, whether newly licensed or a seasoned professional
BENEFITS
- 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
HIGHLIGHTS
- Comprehensive coverage of the Inflation Reduction Act of 2022 and the SECURE Act 2.0
- Timely coverage of breaking tax legislation
- Employee Retention Tax Credit updates
- Detailed analysis and examples of Sale of Passthrough Entity Interest and Net Investment Income Tax
- Form 1099-K reporting requirements
- The Gig Economy - Tax implications, Independent Contractor versus Employee Classification, and the 2024 DOL Final Rule
- State of the IRS
- New FinCEN reporting requirements under the Corporate Transparency Act in 2024, including recently updated FAQs
- 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
PREREQUISITES
Experience with individual and business clients
ADVANCE PREPARATION
None
ADDITIONAL NOTES
- Qualifies for CFP credit
- Qualifies for IRS credit
Help Feed Those in Need- The NJCPA Emerging Leaders Council is hosting a Food Drive to benefit the Community FoodBank of New Jersey. Please bring your nonperishable items and canned goods to this event. Peanut butter and tuna fish are always needed.