Seismic changes in tax legislation is currently taking place, and the well-informed tax practitioner will want to attend this eight hour program in order to stay abreast of these developments.  This program will cover new court decisions, recent IRS publications, and the latest tax legislation that will impact individuals.  The remaining time will be spent on IRS procedure and other issues. This course will provide a concise look at the hottest topics affecting every tax practitioner.

Who should Attend:  This course is suitable for tax and finance executives, directors, managers and staff, CPAs, CAs Enrolled Agents, accountants, attorneys and business/financial advisors who work with and advise individuals that have tax implications.  All public practice tax professionals will benefit from this timely and insightful seminar.

Learning Objectives:

• Become familiar with recent court cases and Treasury publications affecting business entities.
• Acquire a working knowledge of recent changes to IRS procedure.
• Become conversant of recently issued tax court opinions and their implications to taxpayers.
• Know the status of upcoming tax legislation and how it might affect clients.

 Program Content:
 Part I:  Secure Act 2.0 – Employee Provisions

• Changes to the Saver’s Credit
• Changing the required minimum distribution rules for Roth 401(k)s
• Changes to required beginning dates for required minimum distributions of retirement plans.
• Penalty-Free Withdrawals for Certain Emergency Expenses
• Special provisions for firefighters and military personnel spouses
• Increases in catch-up contributions
• Impact on 529 plans
• Opportunities for student loan payment matching

 Part II:  IRS Procedure

• Offers in Compromise
• IRS Administration
• Statute of Limitations
• Mailbox Rule
• Discharge of Indebtedness