This course is designed to prepare practitioners for the upcoming filing season and covers any recent tax legislation occurring during 2020 affecting both your business and individual clients. Proposed regulations will be addressed, as well as any changes in tax forms and significant developments affecting tax return preparation.
DESIGNED FOR
Practitioners and members in industry looking for an update on significant developments affecting their business and individual clients
BENEFITS
After attending this presentation you will be able to...
- Apply useful strategies to assist in the tax preparation process
- Use tax planning tips with practical solutions
- Identify key compliance issues and significant changes in tax forms
HIGHLIGHTS
The major topics that will be covered in this course include:
- 2020-21 legislative, judicial and IRS developments impacting practitioners during the upcoming filing season
- 2020 tax rates and inflation-adjusted figures
- Review and update of the Section 199A deduction
- Depreciation and capitalization regulations
- Review of any significant changes in tax forms
- Analyze significant regulations, IRS rulings, and court cases affecting individuals, corporations, S corporations and partnerships
COURSE LEVEL
Intermediate
PREREQUISITES
Basic working knowledge of business and individual taxation
ADVANCE PREPARATION
None