24SR-0024: Federal Tax Update: Individual and Business Current Developments (Livestream)
Monday, January 13, 2025
8:30am - 4:30pm Central Time
8 CPE (8 technical)
With the increasing complexity and ever-changing nature of tax laws and issues, today's accountant needs a one-day fast-paced update course focusing on the hottest federal income tax topics affecting individuals, businesses and their owners with an emphasis of newly enacted income tax legislation. This fast-paced session is a comprehensive review of newly enacted income tax legislation, issuance of income tax regulations, court cases, IRS notices, revenue procedures and private letter rulings affecting individuals and businesses.
Major subjects
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Newly enacted income tax legislation
-
Issuance of income tax regulations
-
Court cases
-
IRS notices
-
Revenue procedures
-
Private letter rulings affecting individuals and businesses
Learning objective(s)
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Understand the major federal income tax laws impacting individuals, C and S corporations, partnerships, LLCs and LLPs
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Identify and comprehend any newly enacted legislation, changes and IRS guidance affecting individual and business income tax returns
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Discuss the most recent individual and business income tax legislation passed to date
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Walk through major tax changes to corporations, partnerships and/or individuals and any changes to the income tax forms and other related schedules
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Review numerous business income tax provisions including but not limited to the 20% qualified business income (QBI) deduction; changes to NOLs, Section 461(l) business loss limitations, accounting method changes, depreciation, retirement plans, fringe benefits and entertainment expenses
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Brush up on the individual and business income tax rates (e.g., income tax rates, capital gain tax rates, self-employment tax and alternative minimum tax (AMT), 3.8% net investment income tax)
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Discuss other individual income tax topics and changes to filing status, personal exemptions, itemized deductions, exclusions from income, adjustments to income and income tax credits (e.g., child tax credit and dependent care credit)
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Walk through the NEW final required minimum distribution (RMD) regulations
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Review other important IRS audit areas such as basis and at-risk limitations for S shareholders and partners, passive activity losses and real estate professionals and self-employment taxes
Who should take this program?
Tax accountants in public or private practice in need of a power-packed federal individual and business income tax update course
Fees
Our records indicate
you are a
nonmember.
If you register, you will be charged
$449.00
(Early Bird Nonmember Fee).
Members: Please
log in
to receive member fee.
Early Bird Member Fee
(through 12/13/2024) |
$349.00
|
 Early Bird Nonmember Fee
(through 12/13/2024) |
$449.00
|
|
Standard Member Fee |
$399.00
|
|
Standard Nonmember Fee |
$499.00
|
Instructor
J. Patrick Garverick, CPA, MT, CFP
Location
Online
Area
of study
Taxation
Field(s)
of study
Taxes - Technical (8.0)
Level
Update
Format
Group Internet Based
Sponsor
NASBA ID#: 139884
Prerequisites
Prereq.
Background in individual and business income tax law
Advance
prep
None
Cancellation
policy
Receive a full refund if you cancel at least four business
days before the event start date.
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