20SR-0012: Surgent's Federal Tax Update (Virtual)

If you have questions about this event, please call us at 952-831-2707.

Thursday, October 29, 2020
8:30am - 4:30pm Central Time
8 CPE (8 technical)  |  8 CFP  |  6.5 CLE  |  8 IRS CE

Get updated on the most important aspects of recent legislation, including the Setting Every Community Up for Retirement Enhancement (SECURE) Act, Coronavirus Aid, Relief and Economic Security (CARES) Act and tax reform. Take a look at major trends on the horizon with a focus on planning considerations.

Major subjects

• The SECURE Act -- required minimum distribution (RMD) changes, the elimination of the stretch individual retirement account (IRA), modification of the kiddie tax rules, and expansion of Section 529 plans and 401(k) retirement plans for part-time workers
• The CARES Act and Families First Coronavirus Response Act (FFCRA) -- employer tax credits, Small Business Administration (SBA) loans, Emergency Family and Medical Leave Expansion Act (EFMLEA) and the Emergency Paid Sick Leave Act (EPSLA)
• CARES Act changes to Section 163(j), Section 461(I) and net operating loss (NOL) rules
• Bonus depreciation rules and expansion of Section 179
• Expansion of number of taxpayers able to use the cash method of accounting
• Is the "employee vs. independent contractor" conundrum about to explode?
• Comprehensive coverage of Section 199A and its alteration of pass-through taxation and planning
• Cryptocurrency
• Practice aids, including all the numbers applicable for the current year -- inflation-adjusted amounts, mileage rates, retirement contributions and more
• Advanced practice, reporting and other issues intertwined with advanced planning and discussion ideas
• The latest issues related to any other late-breaking tax law changes or guidance issued

Learning objective(s)

• Understand the latest enacted tax law changes
• Understand strategies and techniques to use in light of tax changes
• Understand current cases and rulings affecting individuals and businesses

Who should take this program?

CPAs and tax advisers in public practice and industry

Fees

Standard Member Fee	$325.00
Standard Nonmember Fee	$375.00