This program provides an update to the latest tax developments, rules and regulations affecting individual taxpayers, including a review and integration of late 2024-25 legislation.
*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 kori.herrera@acpen.com
DESIGNED FOR
CPAs in public practice and members in industry seeking an update on the latest individual tax developments
BENEFITS
- Identify and recall key compliance issues
- Implement practice strategies based on recent developments
- Apply changes to Form 1040 and related schedules
HIGHLIGHTS
- Update and integration of recent tax legislation impacting 2025 individual returns
- Update on significant individual tax developments related to cases and rulings
- Individual tax changes including the earned income credit, child credit, and child and dependent care credit
- Section 199A changes, including use of carryforward passive activity and 199A losses and latest tax forms
- Crypto reporting update
- 2026 tax rate schedule and other inflation adjusted items
- Passive activity and hobby loss rules changes
PREREQUISITES
Basic working knowledge of individual taxation
ADVANCE PREPARATION
None