Individual Tax Update
Credits: 8
Format: Live In Person Event
Field of Study: Taxes | Federal Tax Update
Author/Speaker: Art Werner
Course Description
This course is essential for the tax practitioner who wants to update their knowledge of individual income taxation. This course will provide a comprehensive review of Form 1040 and schedules A-F, SE, 2106, 1099, and 1098 complexities, including, updates of tax legislation and planning strategies to better assist your clients. This year has already given us Secure Act 2.0, are they done we doubt it. How can you better prepare your client for next year? When filing what strategies can I take advantage of for my client? You have the questions; Art has answers for you. An update is an update, this class will give you much, much, more.
Learning Objective:
To provide participants with both an update and instructions so that the participants will have the necessary knowledge to complete IRS Form 1040 for the tax season and be able to offer tax planning strategies to their clients.
Review of essential IRC Sections
Review of new legislation
New credits, deductions, and tax relief
Alternative Minimum Tax issues
Individual retirement plan issues
Review of COVID Bills, Secure Act, and their impact
Required minimum distributions.
Income and exclusions from cancellation of debt
Reporting foreclosures or repossessions of residences and other real estates
Secure Act 2.0
Business Federal Tax Update
Credits: 8
Format: Live In Person Event
Field of Study: Taxes | Federal Tax Update
Author/Speaker: Shelli Houston
Course Description
This year has already seen some changes in tax law with Secure Act 2.0 and we will most likely see some more whether we want it or not. This course will provide a comprehensive review of business income tax complexities, including updates of tax legislation, planning strategies, and will be essential for the tax practitioner who wants to update their knowledge of business income taxation to assist their clients better. As we look at all the changes made over the year, we will discuss the options your client has to get the most out of their return. This course will cover a broad range of topics you won’t want to miss.
Learning Objectives
To provide participants with both an update and instructions so that the participants will have the necessary knowledge to complete IRS Form 1099’s, 1041, 706, 1065, 1120, 1125 A, and 1125 E (business issues) and various business income tax returns for the tax season.
Review of essential IRC Sections
Review of new legislation
Schedule C and Schedule F issues
Schedule E Issues
Partnership issues
Corporation issues
LLC issues
Qualified retirement plan issues
IRC 280
199A Pass-Through broken down
Secure Act 2.0
Current Tax Topics