This program provides an update to the latest tax developments, rules and regulations affecting both individual and business taxpayers, including a review and integration of the American Rescue Plan Act and any other 2020-21 legislation that may impact your clients tax return.
**Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to leighanne.conroy@acpen.com.
HIGHLIGHTS
- Discuss the most recent tax legislation, cases, rulings and developments during 2020-21, including the CARES Act and other COVID-19 relief
- Update on the American Rescue Plan Act tax changes, including the earned income tax credit, child credit, and child and dependent care credit
- Update and integration of any 2020 tax legislation impacting 2021 returns
- Update on the PPP loan forgiveness process and applicable forms
- Partnership and S Corporation developments, including forms
- 2022 tax rate schedule and other inflation adjusted items
- Depreciation update
PREREQUISITES
Basic working knowledge of the individual and business tax return preparation.
ADVANCE PREPARATION
None
ADDITIONAL NOTES
Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.