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21WI-0650: Individual Tax Fundamentals (Webinar)

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

Tuesday, December 14, 2021
9:30am - 5:30pm Central Time
8 CPE (8 technical)

This webcast provides participants up-to-date information on critical tax issues, giving them an outstanding foundation in the federal tax arena for individuals. It is critical that you ensure your clients receive the most current tax planning and tax-saving strategies for their tax plans. Join us for this face-paced, real-world session and make yourself look like a hero in your client's eyes. Let us help you sort through the maze of tax compliance and tax planning strategies to make sure you are taking advantage of present opportunities and preparing for the future. The webcast materials include the latest legislative and IRS guidance on key tax reform topics.

Major subjects

  • Filing requirements and personal exemptions
  • Gross income inclusions, exclusions, and adjustments
  • Travel and entertainment
  • Standard and itemized deductions
  • Tax and tax credits
  • 0.9% Medicare Payroll Tax
  • 3.8% Net Investment Income Tax
  • Income exclusions
  • Hot tax planning strategies for individuals and small businesses
  • Roth IRA, IRA and retirement plan options

Learning objective(s)

  • Determine the filing status and interpret the filing requirements for individual taxpayers
  • Determine gross income inclusions and exclusions around dividends and interest
  • Differentiate the taxability of deferred income, Social Security benefits, and other taxable in-come
  • Apply the specific rules for the deductibility of travel and entertainment expenses as they relate to business or rental transactions in preparing income tax returns
  • Recognize Education related expenses and the rules for Health Savings Accounts
  • Distinguish between standard and itemized deductions including medical expenses, interest, taxes, charitable contributions, theft losses, and miscellaneous deductions
  • Gather the necessary information required to include tax credits on an individual tax return
  • Recognize when the Medicare Payroll Tax will impact an individual
  • Identify the applicability of the Medicare tax on Net Investment Income

Who should take this program?

CPAs working with clients or employers requiring up-to-date expertise in individual income taxation for the current tax season

Fees

Our records indicate you are a nonmember. If you register, you will be charged $339.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.
Standard Member Fee $279.00
checkmark Standard Nonmember Fee $339.00

More program information

Instructor J. William Harden, PhD, CPA, ChFC
Location Online
Area
of study
Taxation
Field(s)
of study
Taxes - Technical (8.0)
Level Intermediate
Format Group Internet Based
Sponsor AICPA
NASBA ID#: 112891
Prerequisites Prereq. Knowledge of individual income taxation and Form 1040 preparation
Advance
prep
None
Cancellation
policy
Receive a full refund if you cancel at least four business days before the event start date. Learn more

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